Phone:
(410) 736-5570(410) 736-5570
The Villegas Smeresky Iciek Group at Morgan Stanley
Direct:
(410) 494-1852(410) 494-1852
Toll-Free:
(800) 662-2576(800) 662-2576
Our Mission Statement
Multigenerational family practice focused on financial planning, portfolio management & comprehensive wealth strategies
Our Story
We are a multi-generational financial advising team at Morgan Stanley, focused on helping successful individuals, families, and business owners meet their various investment and life goals. We guide our clients on how to build wealth, how to preserve it and how to leave the legacy they desire based on the values they hold.
We truly get to know our clients and what brings them joy, what truly matters to them. Often the world of finance can be overwhelming, and people become easily frozen. Our goal is to be the primary source of financial advice for our clients, empowering them to make informed decisions that lead to long-term financial freedom.
Combining our team’s strengths of customized portfolio construction and financial planning allows us to provide clients with both perspectives on their portfolios. We utilize the vast research and resources of Morgan Stanley to develop a customized investment program that is tailored to each investor. The immense knowledge and experience that a Morgan Stanley Senior Vice-President and Senior Portfolio Manager brings combined with a CERTIFIED FINANCIAL PLANNER™ allows us to give our clients individualized portfolio investment services and customized financial plans.
We began as a father-daughter team, managing our client’s family money as we do our own. We are grateful to have expanded our team with the addition of Lori Villegas, Senior Vice President, Wealth Advisor. Lori shares in our values of putting client’s needs first, providing services with integrity, and treating each family like we would our own.
We truly get to know our clients and what brings them joy, what truly matters to them. Often the world of finance can be overwhelming, and people become easily frozen. Our goal is to be the primary source of financial advice for our clients, empowering them to make informed decisions that lead to long-term financial freedom.
Combining our team’s strengths of customized portfolio construction and financial planning allows us to provide clients with both perspectives on their portfolios. We utilize the vast research and resources of Morgan Stanley to develop a customized investment program that is tailored to each investor. The immense knowledge and experience that a Morgan Stanley Senior Vice-President and Senior Portfolio Manager brings combined with a CERTIFIED FINANCIAL PLANNER™ allows us to give our clients individualized portfolio investment services and customized financial plans.
We began as a father-daughter team, managing our client’s family money as we do our own. We are grateful to have expanded our team with the addition of Lori Villegas, Senior Vice President, Wealth Advisor. Lori shares in our values of putting client’s needs first, providing services with integrity, and treating each family like we would our own.
Our Client Experience Includes:
- A comprehensive meeting to identify your goals, values, dreams, special concerns/challenges
- Develop and implement a personalized investment strategy
- Develop a comprehensive financial plan geared towards your specific concerns (retirement, education planning, charitable giving, insurance/liability management, business succession planning, legacy planning)
- Ongoing monitoring of investment strategy and wealth management plan
Services Include
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
THE VILLEGAS SMERESKY ICIEK GROUP AWARDS & RECOGNITION
Forbes Best -In-State Wealth Management Teams 2024
Forbes Best -In-State Wealth Management Teams 2024
[Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23. ( https://www.morganstanley.com/disclosures/awards-disclosure/)]
[Source: Forbes.com (Awarded Jan 2024) Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23. ( https://www.morganstanley.com/disclosures/awards-disclosure/)]
Forbes Top Women Wealth Advisors Best-In-State 2023
Forbes America's Top Women Wealth Advisors & Forbes Top Women Wealth Advisors Best-In- State
(Lori Villegas 2023)
Source: Forbes.com (Awarded Feb 2023) Data compiled by SHOOK Research LLC based on time period from 9/30/21 - 9/30/22.
(Lori Villegas 2023)
Source: Forbes.com (Awarded Feb 2023) Data compiled by SHOOK Research LLC based on time period from 9/30/21 - 9/30/22.
2023 Influential Marylander
2023 Influential Marylander
(Lori Villegas 2023)
Source: The Daily Record Maryland (Awarded July 2023) Data compiled by The Daily Record based on nominations for a 4-6 month time period closing June 30th, 2023. For criteria & methodology, go to https://thedailyrecord.com/2023/07/27/the-daily-record-announces-2023-influential-marylanders-honorees/
(Lori Villegas 2023)
Source: The Daily Record Maryland (Awarded July 2023) Data compiled by The Daily Record based on nominations for a 4-6 month time period closing June 30th, 2023. For criteria & methodology, go to https://thedailyrecord.com/2023/07/27/the-daily-record-announces-2023-influential-marylanders-honorees/
Baltimore Magazine 5 Star Advisors, 2012 – 2024
2012-2024 Five Star Wealth Manager Award
(Lori Villegas 2012-2024, Nick Smeresky 2012-2024, Kaela Smeresky Iciek 2015-2024)
Source: fivestarprofessional.com (Awarded 2012-2024) These awards were determined through an evaluation process conducted by Five Star Professional, based on objective criteria, during the following periods:
2012 Award: 06/16/2011 - 11/9/2011
2013 Award: 06/16/2012 - 11/9/2012
2014 Award:06/16/2013 - 11/9/2013
2015 Award: 06/16/2014 - 11/9/2014
2016 Award: 06/16/2015 - 11/9/2015
2017 Award: 03/26/2016 - 11/11/2016
2018 Award: 04/21/2017 - 11/6/2017
2019 Award: 04/19/2018 - 11/7/2018
2020 Award: 04/1/2019 - 11/13/2019
2021 Award: 04/27/2020 - 10/30/2020
2022 Award: 05/10/2021 - 11/12/2021
2023 Award: 04/18/22 - 10/21/22
2024 Award: 4/10/23 - 10/31/23
(Lori Villegas 2012-2024, Nick Smeresky 2012-2024, Kaela Smeresky Iciek 2015-2024)
Source: fivestarprofessional.com (Awarded 2012-2024) These awards were determined through an evaluation process conducted by Five Star Professional, based on objective criteria, during the following periods:
2012 Award: 06/16/2011 - 11/9/2011
2013 Award: 06/16/2012 - 11/9/2012
2014 Award:06/16/2013 - 11/9/2013
2015 Award: 06/16/2014 - 11/9/2014
2016 Award: 06/16/2015 - 11/9/2015
2017 Award: 03/26/2016 - 11/11/2016
2018 Award: 04/21/2017 - 11/6/2017
2019 Award: 04/19/2018 - 11/7/2018
2020 Award: 04/1/2019 - 11/13/2019
2021 Award: 04/27/2020 - 10/30/2020
2022 Award: 05/10/2021 - 11/12/2021
2023 Award: 04/18/22 - 10/21/22
2024 Award: 4/10/23 - 10/31/23
Working Mother and SHOOK Research's 2021 Top Wealth Advisor Moms
Working Mother Magazine & SHOOK Research's Top Wealth Advisor Moms
(Lori Villegas 2021)
Source: Workingmother.com (Awarded Oct 2021) Data compiled by SHOOK Research LLC based on time period from 3/31/20 - 3/31/21.
(Lori Villegas 2021)
Source: Workingmother.com (Awarded Oct 2021) Data compiled by SHOOK Research LLC based on time period from 3/31/20 - 3/31/21.
2019 MAKERS - Women Who Make America
(Lori Villegas 2019)
30 year Morgan Stanley Service Award
Nick Smeresky (2016)
John Mack Leadership and Culture Award 2016
(Lori Villegas 2016)
Maryland's Top 100 Women, Daily Record – Circle of Excellence 2009, 2012, 2015
Maryland's Top 100 Women, Daily Record – Circle of Excellence
(Lori Villegas (2009,2012,2015)
The Daily Record‘s annual “Top 100 Women-Circle of Excellence ” winner, 2015. Factors considered in the ranking include professionalism (achievement in chosen professional field, exercising leadership, & significant contributions to profession), volunteerism (contributes significant time and effort to volunteerism and leadership in the community). Investment performance is not a criterion
(Lori Villegas (2009,2012,2015)
The Daily Record‘s annual “Top 100 Women-Circle of Excellence ” winner, 2015. Factors considered in the ranking include professionalism (achievement in chosen professional field, exercising leadership, & significant contributions to profession), volunteerism (contributes significant time and effort to volunteerism and leadership in the community). Investment performance is not a criterion
Our Client Digital Resources
Our comprehensive suite of digital tools and resources is designed to help enhance every aspect of your financial life. Below are a few of the technologies we have to offer our clients. We have also included resources meant to transform complex financial analysis and research into concise and easily digestible content.
LifeView - Intelligent Planning
LifeView is a suite of planning tools that includes goal-specific analysis that we can use with our clients to create a realistic, integrated strategy that incorporates the various aspects of an individual’s financial life, including investments and cash management needs. Fill out the questionnaire to get started talking with us about creating a personalized strategy for your long-term goals.
Complete Questionnaire Here
Goals Planning System
Goals Planning System (GPS) is Morgan Stanley’s own integrated planning tool. Built on the Firm’s intellectual capital and capabilities, GPS is an intuitive and efficient platform used to quickly assess whether a client is “On Track” to achieving their financial goals.
Start Planning Now
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley Mobile App.
Learn More About MSO
2024 Federal Tax Tables
This helpful resource outlines the 2024 tax rate schedule, education and health savings account limits, retirement contribution and deduction limits, among other information. With tax season seemingly always right around the corner, it's best to be as informed as possible.
Access the 2024 Federal Tax Tables
Total Wealth View
Complete your financial picture with Total Wealth View. By linking your account information, you will benefit from more informed wealth planning, more secure data access, and convenient connectivity.
Getting Started with Total Wealth View
Digital Vault
Digital Vault lets you easily and securely manage and store life's documents such as wills, deeds, and estate plans as well as financial statements and tax filings.
Getting Started with Digital Vault
eDelivery
eDelivery allows you to securely save, print, send, and receive documents at any time from both Morgan Stanley Online and the Morgan Stanley Mobile App.
Learn more about eDelivery
eSign
eSign is a digital, paperless alternative to the traditional means of obtaining signatures from clients on paperwork. There is no registration process for you to begin using eSign - all you need is a valid email address and phone number.
Learn more about eSign
Online Security Center
At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.
Learn More from our Online Security Center
Thoughts on the Market Podcast
With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Check Out the Latest Episode
On The Markets Research Report
Detailed market commentary from Morgan Stanley's thought leaders on topics such as global equities, fixed income, monetary policy and more.
Read the Latest Report
GIC Weekly Research Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
Read the Latest Report
Reserved Living and Giving
Clients with $1 million+ in assets and liabilities at Morgan Stanley are eligible to enroll in the Reserved Living & Giving program. As a Reserved member, clients will have access to exclusive partner offers and discounts, as well as thought leadership content on a variety of lifestyle and personal finance topics.
Browse the Latest OffersOur Clients
Our practice focuses on small business owners, professionals, qualified investors, and retirees. We take a multigenerational approach to investing and often work with a client's entire family.
Browse through the insights below and feel free to reach out to discuss further.
Browse through the insights below and feel free to reach out to discuss further.
A Simple Six-Step Retirement Checkup
At least once a year, it’s a good idea to see if the amount you’re saving and investing is on pace to equal the money you’ll need in retirement. Let’s discuss how we can help.
Checkup Guide
Monetizing a Small Business
According to Morgan Stanley research, four million privately held businesses are set to change owners in the next two decades. 75% of those business owners do not have an exit plan in place.
We will help you manage both your pre-liquidity and post liquidity needs.
Watch the Full VideoWe will help you manage both your pre-liquidity and post liquidity needs.
Balancing Retirement Savings with Kids' Education
Falling behind on a financial goal like saving for retirement on your children's education can feel defeating – especially if you're saving for both at the same time. Let's discuss which goals you should be prioritizing.
Here's How to Strike a Balance
What Philanthropic Approach is Right For You?
There are seemingly as many different approaches to philanthropy as there are causes to support. Which strategy makes the most sense for you?
Three Approaches to Consider
529 Plan Benefits You May Not Know
They're tax friendly, flexible and available to anyone. Yet 529 education savings plans are still underused. Here are five things that parents, grandparents and anyone hoping to get a leg up on college costs need to know.
5 Things You May Not Know About 529s
Creating an Emergency Fund
If you dipped into your rainy-day fund over the past few years—or never had one in the first place—we can help you prioritize your fund and identify your savings needs.
Six Steps to Creating an Emergency Fund
Estate Planning
Don't wait to start sorting your parents’ estate planning wishes. The sooner you get started, the more time you'll have to make sure their wishes are met. We can help you map out a plan.
Conversation Starters
Financial Literacy for Any Stage of Your Life
Financial literacy means being equipped with the knowledge to make smart financial decisions during every stage of your life. No matter your current priorities, a strong financial literacy foundation can help you meet your goals.
Financial Literacy GuideOUR SUITE OF SERVICES
Financial Planning
We offer personalized advice on investment strategies, retirement planning and risk management strategies. We will help you make informed decisions and provide ongoing support to make sure you stay on track towards your financial objectives.
Tax Advantage
We will help you navigate tax-advantaged strategies to optimize your financial plan, minimizing tax liabilities and maximizing benefits for a more secure financial future.
Professional Portfolio Management
We work closely with you to understand your needs while actively maintaining the focus and discipline necessary to guide your portfolio in the most challenging market cycles.
Retirement Planning
We especially enjoy assisting you as you approach retirement. We will make sure your financial choices reflect your goals and help you shift from wealth accumulation to income management and wealth transfer strategies.
Charitable Giving
We assist in structuring charitable giving strategies, ensuring your donations have a positive impact while potentially offering tax benefits and aligning with your overall financial goals.
Corporate Executives
We have specialized knowledge working with corporate executives with insider and restricted equity and can help you navigate the requirements of 10b5-1 rules and concentrated stock position management.
Location
2330 W Joppa Road
Ste 255
Lutherville, MD 21093
US
Direct:
(410) 494-1852(410) 494-1852
Toll-Free:
(800) 662-2576(800) 662-2576
Fax:
(443) 965-9324(443) 965-9324
1201 Wills Street
Suite 700
Baltimore, MD 21231
US
Direct:
(410) 736-5570(410) 736-5570
Meet The Villegas Smeresky Iciek Group
Nicholas M Smeresky
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Manager
Phone:
(410) 494-1852(410) 494-1852
Kaela Smeresky Iciek, CFP®
Vice President, Wealth Management, Financial Advisor, Financial Planning Specialist
Phone:
(410) 494-1867(410) 494-1867
Cathy Dawson
Portfolio Associate, Financial Planning Specialist (FSP)
Phone:
(410) 736-5585(410) 736-5585
Brooke Myers
Client Service Associate
Phone:
(410) 602-6446(410) 602-6446
About Lori Villegas
As a Wealth Advisor with over 25 years of experience who favors and prides myself on a consultative approach, I am committed to working with clients to help them reach their financial objectives. Today’s economy is challenging and at times overwhelming, but managing your portfolio doesn’t have to be. I believe it is important to consider your entire life picture in order to deliver a strategic and comprehensive approach that is best for you. I am Series 7, 65, 63, 31, and Life Insurance licensed, as well as a Portfolio Manager. In 2019, I was recognized as a MAKER – a Morgan Stanley professional that is celebrated for their achievements for embracing and promoting women’s empowerment, gender equality, and exceptional leadership. I am honored to also be part of the National Diversity and Inclusion Council at Morgan Stanley.
I believe a balanced life is the essence of happiness. As such, I’m dedicated to helping my community to be a better place to live and work by supporting several philanthropies and giving circles. I am honored to be part of the National Diversity and Inclusion Council at Morgan Stanley. When not working, I spend time with my husband and two teenage children in Baltimore.
I believe a balanced life is the essence of happiness. As such, I’m dedicated to helping my community to be a better place to live and work by supporting several philanthropies and giving circles. I am honored to be part of the National Diversity and Inclusion Council at Morgan Stanley. When not working, I spend time with my husband and two teenage children in Baltimore.
Securities Agent: CO, SC, RI, ME, IA, AK, WI, IL, DC, CA, MO, GA, AZ, WA, VA, PA, NY, KY, DE, UT, PR, NC, TX, MA, NM, NJ, MN, MI, MD, CT, OH, FL; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1549167
NMLS#: 1549167
About Nicholas M Smeresky
I became a registered investment representative in 1981 with Merrill Lynch, then joined Smith Barney, a Morgan Stanley predecessor firm, in 1986. Today I manage client portfolios for high net worth individuals, pension plans, and corporate clients. After successfully completing intensive portfolio management training, I became a Senior Portfolio Manager. I implement investment strategies and asset allocations based on sector and individual equity weightings. I use a portfolio that is based on fundamental and technical research. In addition, I act as a consultant in conjunction with outside money managers. I reside in Baltimore County with my wife. In addition to working with my daughter, my wife and I also have a son who graduated from the US Naval Academy and is a major in the United States Space Force.
In my free time, I volunteer with local schools by assisting in coaching various basketball and football programs. In addition, I serve as a guest speaker to high school students on financial/economic topics.
In my free time, I volunteer with local schools by assisting in coaching various basketball and football programs. In addition, I serve as a guest speaker to high school students on financial/economic topics.
Securities Agent: KY, NJ, MN, PR, NY, MO, FL, DE, DC, CO, UT, MD, IL, IA, VA, NC, WI, TX, OH, GA, CA, AZ, CT, WA, SC, PA, MI, MA; General Securities Representative; Investment Advisor Representative
NMLS#: 1288350
CA Insurance License #: #0H78691
NMLS#: 1288350
CA Insurance License #: #0H78691
About Kaela Smeresky Iciek
I began my financial career in 2008 at Smith Barney, a Morgan Stanley predecessor firm, while continuing to take classes at Mount St. Mary’s to further my education degrees in Business, Biology and Chemistry. I have met the rigorous experience and ethical requirements of the CFP Board, have successfully completed financial planning coursework and have passed the CFP® Certification Examination covering the following areas: the financial planning process, risk management, investments, tax planning and management, retirement and employee benefits, and estate planning. Today I work with my father to manage client portfolios and create customized financial plans. In addition, I take a leading role in new business development, marketing, and technology. I reside in Baltimore County with my husband and children. In my free time, I enjoy giving back to my community by working with those with developmental disabilities and children.
Securities Agent: PR, MD, MA, HI, VA, UT, NM, IA, PA, NJ, IL, GA, AZ, TN, CT, WA, SC, KY, FL, DE, DC, CA, NY, MO, MN, MI, CO, NC, OH, WI, TX; General Securities Representative; Investment Advisor Representative
NMLS#: 1285346
CA Insurance License #: #0H78685
NMLS#: 1285346
CA Insurance License #: #0H78685
About Brooke Myers
I joined The Villegas Smeresky Iciek Group in December 2023 as a Client Service Associate. My responsibilities include all aspects of client service such as: setting up new accounts, processing client requests, and providing client support for Firm services.
Before joining Morgan Stanley, I graduated with an Associate of Arts and Sciences in Accounting and then worked at TD Bank as a Financial Services Representative for four years.
In my free time I love to travel and explore new places. As a Baltimore native, I'm a passionate Ravens fan, and you can catch me tuning in to watch every game.
Before joining Morgan Stanley, I graduated with an Associate of Arts and Sciences in Accounting and then worked at TD Bank as a Financial Services Representative for four years.
In my free time I love to travel and explore new places. As a Baltimore native, I'm a passionate Ravens fan, and you can catch me tuning in to watch every game.
Contact Lori Villegas
Contact Nicholas M Smeresky
Contact Kaela Smeresky Iciek
Wealth Management
From Our Team
The Playbook: A Millennial's Guide to Life & Money
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
A Simple Six-Step Retirement Checkup
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Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Are You Prepared for Tax Day?
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
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Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Donor Advised Funds: A Smart Way to Manage Your Giving
Article Image
Ready to start a conversation? Contact The Villegas Smeresky Iciek Group today.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
2Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
1Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
2Morgan Stanley’s investment advisory programs may require a minimum asset level and, depending on your specific investment objectives and financial position, may not be appropriate for you. Please see the Morgan Stanley Smith Barney LLC program disclosure brochure (the “Morgan Stanley ADV”) for more information in the investment advisory programs available. The Morgan Stanley ADV is available at www.morganstanley.com/ADV.
3Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
4When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
5Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
6Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
7Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
8Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
9When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should always check with their tax or legal advisor before engaging in any transaction involving 529 Plans, Education Savings Accounts and other tax-advantaged investments.
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Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
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Awards Disclosures
CRC 6491812 (04/2024)
