Phone:
(617) 570-9236(617) 570-9236
The Watchtower Group at Morgan Stanley
Direct:
(617) 570-9549(617) 570-9549
Toll-Free:
(800) 235-1205(800) 235-1205
Our Mission Statement
Our purpose is to help our clients live the lifestyle they desire.
Our Story and Services
The Watchtower Group offers bespoke financial planning, advice and portfolio management to families, individuals and businesses. Our experienced and diverse team forms long-term, multi-generational client relationships built on trust and integrity.
We empower our clients by simplifying the complex with guidance and insight to achieve their financial goals. We approach each relationship holistically working closely with our clients’ tax and estate counsel to create effective, tax efficient investment, income and legacy strategies.
You can reach out to us directly on our team email: watchtower@ms.com
We empower our clients by simplifying the complex with guidance and insight to achieve their financial goals. We approach each relationship holistically working closely with our clients’ tax and estate counsel to create effective, tax efficient investment, income and legacy strategies.
You can reach out to us directly on our team email: watchtower@ms.com
Services Include
- Executive Benefit ServicesFootnote1
- Qualified Plans
- Wealth ManagementFootnote2
- Financial PlanningFootnote3
- Retirement PlanningFootnote4
- Planning for Education FundingFootnote5
- Cash ManagementFootnote6
- 401(k) Rollovers
- Lending Products
- Estate Planning StrategiesFootnote7
- Fixed IncomeFootnote8
- Qualified Retirement PlansFootnote9
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Dynamic Discovery
The Watchtower Group begins every new client engagement with a detailed “Discovery” process. We generate a comprehensive analysis of your existing assets, work with you to identify and articulate your short, medium, and long-term goals, determine your risk tolerance, and generally get to know you and how we can best serve you.
This up-front Discovery is only the beginning.
Because our goal is to be your advisor for many decades (and perhaps generations), we practice what we call “Dynamic Discovery.” Dynamic Discovery acknowledges the certainty of change. Changes in your life. Changes in the markets and the economy. Changes that could have a major impact on your wealth, and your future.
Dynamic Discovery allows us to not merely respond to changes, but to anticipate them. Births. Passings. Changes in career. New passions. Sale of a business. Inheritances. We believe in navigating each phase of your life with you because, to quote the philosopher Heraclitus, “the only constant in life is change.”
This up-front Discovery is only the beginning.
Because our goal is to be your advisor for many decades (and perhaps generations), we practice what we call “Dynamic Discovery.” Dynamic Discovery acknowledges the certainty of change. Changes in your life. Changes in the markets and the economy. Changes that could have a major impact on your wealth, and your future.
Dynamic Discovery allows us to not merely respond to changes, but to anticipate them. Births. Passings. Changes in career. New passions. Sale of a business. Inheritances. We believe in navigating each phase of your life with you because, to quote the philosopher Heraclitus, “the only constant in life is change.”
Birth
Welcoming a child into the family is a joyous occasion for everyone—for parents, grandparents, aunts, uncles, siblings, cousins and other extended family members. As a trusted advisor to our clients, we play a critical role in helping you plan and prepare for the financial components that a new child introduces into your lives—everything from planning for the costs associated with birth, adoption or surrogacy; anticipating unexpected medical expenses; understanding gifting requirements; preparing for child care and planning for educational expenses.
Click here for more information on preparing for educational expenses
Education
Education is a major investment and expense for most of our clients—one that often requires years of careful, advanced planning. As educational costs continue to rise—from primary education through undergraduate, graduate and professional schools—we can help you approach the range of educational expenses, such as tuition, extension programs and advanced professional training, with appropriate funding strategies for your particular situations.
Click here to make financial literacy a family affair
Business/Work
Many of our clients have complex business arrangements, from executive-level employment situations to various levels of investment in a multitude of business ventures—from startups to established enterprises. As their Financial Advisor, we play a critical role in helping them navigate the complexities of business ownership, investment and associated activities such as selling, divesting or planning for succession.
Typically, we encounter three primary scenarios with our clients:
- Starting a business
- Funding a business
- Exiting a business
Click here to learn more about building a startupTypically, we encounter three primary scenarios with our clients:
- Starting a business
- Funding a business
- Exiting a business
Marriage
There are few events more exciting than when our client decides to align their life with the person they love. Of course, there are conversations you should have with your partner before tying the knot. One of the most important is about money—how you will make it, save it, spend it and invest it. In addition, helping fund an adult child’s wedding is a goal for many parents (and grandparents). As your Financial Advisor, we can play an important role in helping you plan for these milestones and guiding your conversations.
Click here for questions to ask your partner before you commit
Divorce
Divorcing a spouse can be a difficult ordeal, with repercussions for your client’s emotional and financial well-being. Although divorce is seldom easy, your clients can prepare for it, which will help them feel more in control and better equipped to make informed, confident decisions about their financial futures. Help clients regain their footing and move forward with confidence in their new life.
It can be very difficult to brave this battle alone. In this stage of their life, an individual needs all the help they can get. It can be beneficial to build an advisory team composed of:
- An attorney
- An accountant
- A personal counselor
- A Financial Advisor
Click here for information on navigating your divorceIt can be very difficult to brave this battle alone. In this stage of their life, an individual needs all the help they can get. It can be beneficial to build an advisory team composed of:
- An attorney
- An accountant
- A personal counselor
- A Financial Advisor
Retirement
Today's 65-year-olds have a high likelihood of living until their mid-80s, and it's not uncommon anymore to reach substantially beyond that. That means you need to plan for a retirement that will span two decades and potentially much more. Longer retirements are great outcomes, but also place a great deal of stress on a household’s finances. As your Financial Advisor, we make sure to put a plan in place so that you are able to take on any curveball retirement may throw at you.
Click here to learn moreServing the complex needs of our clients.
Many of our clients are successful entrepreneurs and business executives, who often have their wealth concentrated in a company they own, or in their employer’s stock. While these are wonderful assets to have, integrating them into a goals-based wealth management plan requires particular knowledge and skills.
If you are an entrepreneur who owns a company, for example, you may eventually seek to monetize it. Using our decades of experience, we can help you create an appropriate cash flow from this wealth, or perhaps pass it along to the next generation.
If you are a senior executive, perhaps you have a concentrated or restricted stock position. There are detailed regulations and requirements for trading or selling this stock – we can provide thoughtful, rational advice on the best way to do that.
Other areas of focus include creating liquidity from non-liquid assets, fixed-income investing and maximizing the value of (and mitigating the tax burden on) executive compensation packages.
By offering the appropriate skills for your specific situation, we can help you leverage your hard-earned wealth and reach your personal goals.
If you are an entrepreneur who owns a company, for example, you may eventually seek to monetize it. Using our decades of experience, we can help you create an appropriate cash flow from this wealth, or perhaps pass it along to the next generation.
If you are a senior executive, perhaps you have a concentrated or restricted stock position. There are detailed regulations and requirements for trading or selling this stock – we can provide thoughtful, rational advice on the best way to do that.
Other areas of focus include creating liquidity from non-liquid assets, fixed-income investing and maximizing the value of (and mitigating the tax burden on) executive compensation packages.
By offering the appropriate skills for your specific situation, we can help you leverage your hard-earned wealth and reach your personal goals.
Comprehensive Financial Planning
Regardless of what stage your life is in - moving ahead in your career, enjoying retirement, or somewhere in between - as your Financial Advisors, we can help you achieve your financial goals.
Using a suite of tools that includes goal-specific analysis, we can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
We can create your personal roadmap to help achieve and protect your goals — a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
Using a suite of tools that includes goal-specific analysis, we can work with you to create a realistic, holistic strategy that integrates the various aspects of your financial life, including your investments and cash management needs.
We can create your personal roadmap to help achieve and protect your goals — a framework that makes the connection between your life goals and your financial resources, and provides a baseline for future discussions.
2024 Tax Tables
This helpful resource outlines the 2024 Income Tax Tables. With tax season seemingly always right around the corner, it's best to be as informed as possible.
Access the 2024 tax tables
Manage Debt
We thoroughly review your mortgage, car loans, credit cards, and any other debts that you may have in order to help determine where you can save on interest and create a timeline for your debt payments by prioritizing which ones should be paid off first.
Insurance
We take an extremely close look at your financial profile to decipher what type(s) of insurance most fit your needs, and determine if your current insurance policies are best suited for you and your goals.
Retirement
Leading up to and through retirement, Cornerstone Capital helps you identify the most appropriate ways to obtain the income you need and help ensure that you are on track to achieve for financial goals.
Estate Planning Strategies
Regardless of your current financial circumstances, it is crucial to have a backup plan for your money. We regularly review your finances with you and coordinate with your estate attorney to help ensure that your wishes are met in the most efficient and cost-effective way possible.
Managing Investments
We take care of your retirement accounts and other investments based on your comfort level with risk and your current tax circumstances, tailoring your financial strategy to your unique situation, needs, and goals.
Market and Research
We strive to make complex financial ideas more digestible so that my clients understand what is being done on their behalf to plan for their financial future. The links below provide detailed analysis on interesting topics that are affecting the finance and business worlds.
GIC Weekly Report
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance, and fixed income.
Read the Latest Report
On The Markets 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
Thoughts on The Market Podcast
With perspectives on the forces shaping the market, join Mike Wilson, Chief Investment Officer and Chief Equity Strategist for Morgan Stanley, as he and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Listen to the Latest Episode
Morgan Stanley Ideas Podcast
The Morgan Stanley Ideas Podcast brings you revealing stories about the world of business, finance, technology, and beyond.
Listen to the Latest Episode
Understanding Your Retirement Plan Options When You Leave a Job
You have several choices for what to do with your qualified retirement plan when you leave a job. Deciding among them is an important step in managing your retirement savings over time.
View Here
What's Your Relationship with Wealth? For Many, It's Complicated.
If they are going to be successful, family conversations about wealth often require us to engage in deep, introspective analysis to understand our own personal values and opinions, as well as what drives and motivates us.
View Here
Your Guide to Tax-Efficient Planning
The tax decisions you make today can help you save for years to come. Consider these smart tax strategies for your financial plan.
View Here
A Simple Six-Step Retirement Checkup
When market volatility arises, checking in on your retirement plan may make a lot of sense. Use this article to see if you are on track.
View Here
When should you claim Social Security?
When should you claim Social Security? The answer depends on factors like your expected longevity and retirement readiness. Let's discuss the right strategy for you.
Your Guide
Spring Newsletter
Welcome to Spring! As nature blooms with the new season, we bring to you fresh insights and timely updates to help you navigate your finances.
Click HereFall Newsletter
We hope you enjoy our Fall Newsletter, and if you have any questions, please reach out.
Click Here
Navigating the Emotional Transition of Selling a Business
Preparing for life after the sale of your business involves reflecting on your success and setting goals for the future.
Learn More Here
Empowering the Next Generation of Philanthropists
Millennials and Gen Z are bringing new energy to the future of giving and civic engagement.
Learn More Here
Protecting Your Estate From Future Transfer Taxes
The lifetime federal estate and gift tax exemption could be halved in 2026. Should you take action before then?
Learn More HereLocation
28 State Street
Fl
Boston, MA 02109
US
Direct:
(617) 570-9549(617) 570-9549
Toll-Free:
(800) 235-1205(800) 235-1205
Meet The Watchtower Group
First Vice President, Financial Advisor, Senior Portfolio Manager, Corporate Retirement Director
Phone:
(617) 570-9207(617) 570-9207
Phone:
(617) 570-2939(617) 570-2939
Chantal Martinez Blanco
Client Service Associate
Phone:
(617) 570-9506(617) 570-9506
About Steve R Gaumer
Steve has 27 years of enriching experience counseling clients, starting his career as a financial advisor in 1996 with predecessor firm, Smith Barney. Steve’s professional career began in NYC in the advertising industry and evolved to running his own sales and marketing business.
As an advisor, Steve’s prior experience in advertising and as a business owner gives him a unique perspective. That perspective confirmed the idea that seemingly immovable obstacles can be overcome with discipline, hard work and a different perception. His differentiating skill is his ability to interpret client goals and concerns into a coherent financial mosaic for resolving complex issues. Steve sees his clients as ever-evolving people. He views each client interaction as an opportunity to learn more about them and to sharpen his advice and insight.
Away from work, Steve is a skier, golf addict, and finds nothing more relaxing than messing around in boats or doing his own yardwork. Steve and his wife Alyson find great companionship with five children, six grandchildren, two dogs and two cats. Steve has served his community (Cohasset MA) for 12 years as chairman of the Capital Budget Committee, another 6 years as selectman and for past four years as chairman of the Affordable Housing Trust. He is a member of the Cohasset Golf Club, retired 20-year member of the Cohasset Yacht Club; member of The Woodlands Club (Falmouth, ME). Steve’s is a native of NH; He and Alyson reside in Cohasset, MA and Gorham, ME.
As an advisor, Steve’s prior experience in advertising and as a business owner gives him a unique perspective. That perspective confirmed the idea that seemingly immovable obstacles can be overcome with discipline, hard work and a different perception. His differentiating skill is his ability to interpret client goals and concerns into a coherent financial mosaic for resolving complex issues. Steve sees his clients as ever-evolving people. He views each client interaction as an opportunity to learn more about them and to sharpen his advice and insight.
Away from work, Steve is a skier, golf addict, and finds nothing more relaxing than messing around in boats or doing his own yardwork. Steve and his wife Alyson find great companionship with five children, six grandchildren, two dogs and two cats. Steve has served his community (Cohasset MA) for 12 years as chairman of the Capital Budget Committee, another 6 years as selectman and for past four years as chairman of the Affordable Housing Trust. He is a member of the Cohasset Golf Club, retired 20-year member of the Cohasset Yacht Club; member of The Woodlands Club (Falmouth, ME). Steve’s is a native of NH; He and Alyson reside in Cohasset, MA and Gorham, ME.
Securities Agent: TX, KY, NY, GA, NM, SD, PA, VA, MT, ME, DC, CO, AZ, AL, MS, LA, IL, DE, OR, MI, CA, UT, NJ, MO, MN, CT, RI, NC, MD, KS, FL, WY, WA, NE, WI, VT, SC, OH, NH, MA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1273009
NMLS#: 1273009
About Robert G Cormier
Bob has worked all his life starting in the 4th grade with a paper route. His parents instilled him with discipline and the value of hard work. He earned a Bachelor of Science in Management Studies at the United States Military Academy. West Point taught him world class problem solving and leadership skills. He served nine years active-duty spending time in both Europe and the Middle East. Those experiences help him better understand the geopolitical environment we operate in today.
Bob was recruited into financial services by Merrill Lynch in 1999. He later joined Smith Barney in 2005 which was acquired by Morgan Stanley in 2009. Bob became a financial advisor because he saw firsthand the impact on his father’s equity compensation when his employer went bankrupt. Financial literacy has always been a passion ever since.
Bob takes the time to develop deep and lasting relationships with his clients. He enjoys the challenge of the constantly changing capital markets and deciphering the best way to translate his knowledge and experience into portfolios to help clients achieve their goals and dreams. Bob has guided clients through multiple bear markets as well as bull market cycles throughout his 25+ year career. He focuses on what is important, “distinguishing the signal from the noise”.
Bob takes a very hands-on approach to portfolio management. Each client portfolio is custom tailored to their specific needs. Bob and his team start each client relationship with discovery and due diligence to ensure we truly understand our clients, their goals, and what is most important in their lives. Bob is a member of the Watchtower Group which consists of Steve Gaumer, Bob Cormier, Kayla Packer, a planning and fixed income specialist, and client service associate Chantal Martinez Blanco.
Bob enjoys spending time with family and friends. He serves as the President of the local Service Academy Business Network. Bob is a die-hard Bruins fan and season ticket holder. He loves to ski and collect fine wine.
Bob was recruited into financial services by Merrill Lynch in 1999. He later joined Smith Barney in 2005 which was acquired by Morgan Stanley in 2009. Bob became a financial advisor because he saw firsthand the impact on his father’s equity compensation when his employer went bankrupt. Financial literacy has always been a passion ever since.
Bob takes the time to develop deep and lasting relationships with his clients. He enjoys the challenge of the constantly changing capital markets and deciphering the best way to translate his knowledge and experience into portfolios to help clients achieve their goals and dreams. Bob has guided clients through multiple bear markets as well as bull market cycles throughout his 25+ year career. He focuses on what is important, “distinguishing the signal from the noise”.
Bob takes a very hands-on approach to portfolio management. Each client portfolio is custom tailored to their specific needs. Bob and his team start each client relationship with discovery and due diligence to ensure we truly understand our clients, their goals, and what is most important in their lives. Bob is a member of the Watchtower Group which consists of Steve Gaumer, Bob Cormier, Kayla Packer, a planning and fixed income specialist, and client service associate Chantal Martinez Blanco.
Bob enjoys spending time with family and friends. He serves as the President of the local Service Academy Business Network. Bob is a die-hard Bruins fan and season ticket holder. He loves to ski and collect fine wine.
Securities Agent: CT, AZ, NJ, ME, WY, DC, TX, NC, MT, FL, DE, CO, WI, RI, MS, MN, WA, ND, NH, MD, MA, GA, SD, MO, VT, OR, OH, IL, VA, UT, SC, NY, CA, PA, NM, MI, KY; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 176078
NMLS#: 176078
About Kayla Anderson
Kayla has spent her entire career with Morgan Stanley starting with an internship after attending Northeastern University where she earned a degree in Communications. Kayla quickly gained a passion for helping clients. She served as a Client Service Associate where she spent six years delivering hands-on, white-glove service while getting to know clients on both a professional and personal level. Her dedication to proactively assisting clients with their needs paired with an active ear for learning about their financial goals and dreams led Kayla to her next role as a Wealth Advisor Associate (WAA). As a WAA, she expanded her education and expertise into financial planning which serves as the cornerstone of her work in her current role as a Financial Advisor.
As an advisor, Kayla empowers clients by simplifying the complex and helping them take control of their financial lives through education and guidance. There is nothing more fulfilling to her than seeing first-hand the impact of planning on one’s financial freedom and its ability to help clients achieve their goals throughout life’s milestones. From managing everyday income to creating a college savings plan to identifying the life her clients want to live in retirement, Kayla will be there every step of the way so that each financial decision is aligned with what is most important to her clients.
In her free time, Kayla can be found road tripping with her husband in their self-converted all-season camper van named Stella. She also enjoys staying active with running, paddle boarding, skiing, and being outside as much as possible. Kayla grew up in Westwood, MA and has spent all her adult years living in Boston, currently residing in Southie.
As an advisor, Kayla empowers clients by simplifying the complex and helping them take control of their financial lives through education and guidance. There is nothing more fulfilling to her than seeing first-hand the impact of planning on one’s financial freedom and its ability to help clients achieve their goals throughout life’s milestones. From managing everyday income to creating a college savings plan to identifying the life her clients want to live in retirement, Kayla will be there every step of the way so that each financial decision is aligned with what is most important to her clients.
In her free time, Kayla can be found road tripping with her husband in their self-converted all-season camper van named Stella. She also enjoys staying active with running, paddle boarding, skiing, and being outside as much as possible. Kayla grew up in Westwood, MA and has spent all her adult years living in Boston, currently residing in Southie.
Securities Agent: WY, CA, SC, MT, VA, NJ, NH, MA, LA, IA, DE, UT, RI, OR, NM, GA, KY, ME, IL, WA, TX, OH, NE, MO, MI, WI, VT, TN, MN, DC, AL, SD, NC, MS, KS, CO, PA, NY, MD, FL, CT, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 2130335
NMLS#: 2130335
About Chantal Martinez Blanco
Chantal joins The Watchtower Group as a fully licensed and registered client service associate with previous experience at Merrill Lynch and Alex Brown. Before joining our team, Chantal was a student athlete at the University at Buffalo, where she played college tennis for four years and earned her bachelor’s degree in economics. If that weren’t enough, Chantal earned her master’s degree in Finance from the University of Miami in 2020 while interning for Merrill Lynch.
Originally from San Juan, Puerto Rico, Chantal lives in South Boston. She enjoys running, playing tennis, and spending time with friends and family in her free time.
Originally from San Juan, Puerto Rico, Chantal lives in South Boston. She enjoys running, playing tennis, and spending time with friends and family in her free time.
Contact Steve R Gaumer
Contact Robert G Cormier
Contact Kayla Anderson
Wealth Management
Global Investment Office
Portfolio Insights
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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
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
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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Financial Wellness
Enhancing Financial Wellness enables your workforce to do their best work. Companies that invest in financial wellness have an opportunity to:
- Reduce employee stress,
- Improve retention and engagement, and
- Set themselves apart by offering comprehensive financial wellness benefits.
Retirement for Plan Sponsors
End-to-End Services, Made Simple:
We can provide the tools and guidance to help you manage a retirement plan.
We can provide the tools and guidance to help you manage a retirement plan.
- Plan Evaluation
- Investment Management
- Plan Management Support
- Plan Participant Education
State of the Workplace Study 2023
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Ready to start a conversation? Contact The Watchtower Group today.
1When 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.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
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.
5When 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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 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.
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.
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For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
3Morgan 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.
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.
5When 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.
6Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley Smith Barney LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.
Investment, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
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 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.
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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
CRC 6491812 (04/2024)
