Charles Wilmoth
Senior Vice President, Financial Advisor, Portfolio Manager
Phone:
(415) 693-6175(415) 693-6175
The Wilmoth Cho Team at Morgan Stanley
Direct:
(415) 693-6177(415) 693-6177
Our Mission Statement
Our team provides clients with financial confidence, so that they can focus on the people and pursuits that are most important in their lives.
Our Story and Services
Our clients believe, as we do, in the importance of building longstanding relationships with their financial advisors. They have grown to depend on our ability to deeply listen to them, so we may clearly understand their goals and aspirations. Clients appreciate our true passion for wanting to help them achieve those goals and solve any financial challenges along the way.
With an emphasis on education and a commitment to outstanding service, our personalized approach begins with gaining a thorough knowledge of you, your vision for the future for you and your family and important causes, and your finances. This information serves as the foundation for your custom-tailored wealth management plan; one that is carefully structured to navigate today's sophisticated markets and tomorrow's uncertainties. Over the years, we have helped our clients go beyond the short-term "noise" of the markets, so they may stay disciplined and focused on their long-term objectives.
We enjoy offering perspective and financial guidance to our as clients you address different financial challenges. We are committed to helping you grow and protect your assets, and are privileged to serve as trusted advisors to you through your life's important milestones.
Our team is honored to have received the following award:
2025 Forbes Best-In-State Wealth Management Teams Ranking
Source: Forbes (Awarded Jan 2025). Data compiled by SHOOK Research LLC based for the period 3/31/23–3/31/24.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Retirement PlanningFootnote3
- Professional Portfolio ManagementFootnote4
- Alternative InvestmentsFootnote5
- Sustainable InvestingFootnote6
- Philanthropic ManagementFootnote7
- Estate Planning StrategiesFootnote8
- Executive Financial ServicesFootnote9
- Cash Management and Lending ProductsFootnote10
- Qualified Retirement PlansFootnote11
- Trust ServicesFootnote12
- Planning for Education FundingFootnote13
- 529 PlansFootnote14
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
WORKING WITH YOU
Our comprehensive process focuses on you, your family – where you are today and achieving your goals for the future. Through active listening and collaboration we can better understand your goals and financial picture to develop customized strategies intended to help you attain those goals.
1. Initial Discussion
We begin with discussion with you to develop an understanding of your personal, professional, and financial picture and learn about your family, finances, goals, and concerns. Should we conclude together to move forward, we request copies of financial statements and other important financial documents, so that we can review them and develop specific analysis for you.
Financially Successful Individuals & Families
We help clients make complicated decisions confidently. Drawing on deep, specialized experience, we tailor customized solutions to address your financial goals and tax circumstances. We work with you to address your most complex financial challenges and protect the wealth you worked so hard to create.
In conjunction with your tax advisors and estate planning counsel, our team works with specialized resources in our family office, wealth strategy, and philanthropy management teams.
In conjunction with your tax advisors and estate planning counsel, our team works with specialized resources in our family office, wealth strategy, and philanthropy management teams.
2. Analysis and Assessment
We utilize proprietary financial planning tools to meticulously analyze and assess your current financial situation and your goals. We then develop a customized Wealth Management Plan that is uniquely yours, aligning your objectives and priorities with your timeframes, risk level, and tax circumstances.
Multi-Generational Families
Our financial planning process for multi-generational families includes a rigorous analysis of your lifestyle spending, tax obligations, and future gifting plans. This analysis drives our strategy as it pertains to financial and estate planning for wealth preservation, tax optimization, investment allocation, and asset gifting decisions.
3. Wealth Management Plan Meeting
In this step, we meet with you to discuss your Wealth Management Plan in detail. Your Plan includes evaluating different scenarios, as well as discussing investment recommendations and additional financial planning strategies. These may include solutions to help reduce risk, minimize taxes, and achieve your philanthropic or estate planning goals.
Retirees & Investors Planning for Retirement
Many clients would like to retire with confidence, others may choose to work past retirement age but want to maintain financial flexibility. Many clients want their Wealth Plan to ensure additional income for charitable contributions. Our objective is to design a customized plan that generates sustainable, inflation-adjusted, after-tax income to achieve their personal goals.
4. Implementation
If we both conclude together that there is a strong basis for a client relationship and you confirm to proceed, we apply a disciplined process of implementing your plan. We will coordinate a smooth transition of any accounts to Morgan Stanley, execute the approved investment strategy, and coordinate any additional services identified in your Wealth Management Plan.
Corporate Executives
Corporate executives often have specific benefits, which require detailed analysis and planning. These may include grants of restricted stock, stock options, performance stock units, or supplement tax-deferred retirement plans. Our work often includes assisting clients evaluate tax-efficient alternatives to diversify concentrated stock and/or stock option positions and to integrate their executive benefits into their comprehensive Wealth Plan.
5. Ongoing Service and Care
We are committed to the premium service, which our clients deserve. We focus on developing a relationship that provides special value to you and your family. We schedule regular calls and meetings to keep up-to-date on your situation and to review your in wealth plan and investments to ensure your plan is on track towards achieving your goals.
Entrepreneurs & Business Owners
We work with business owners and entrepreneurs, helping them to create a comprehensive Wealth Plan based on their businesses and personal financial goals. This may include considerations of continuity of a business within a family or a planned eventual sale of the business.
FINANCIAL PLANNING
Goals you set today will evolve over time. Our process is designed to evolve with them- and with the changing circumstances of your life. Holistic in its approach, our planning process will encompass all the elements of your financial and personal life, making sure they align with your current and future goals.
Leveraging a sophisticated suite of analytical tools, as well as decades of industry experience, our team can help you take charge of your financial future and achieve your goals.
Leveraging a sophisticated suite of analytical tools, as well as decades of industry experience, our team can help you take charge of your financial future and achieve your goals.
LifeView Intelligent Planning
LifeView is a suite of financial 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, real estate assets, liabilities, and cash management needs.
In addition to analyzing retirement income planning scenarios and various asset allocation alternatives, LifeView assist in evaluating other issues including family or charitable gift planning, stock option planning, and Social Security analysis.
LifeView Goal AnalysisIn addition to analyzing retirement income planning scenarios and various asset allocation alternatives, LifeView assist in evaluating other issues including family or charitable gift planning, stock option planning, and Social Security analysis.
Estate Planning
Estate planning is the process of implement specific plans to transfer wealth to family members, other individuals, or charitable organizations. Creating an estate plan early is crucial as it ensures that your wishes are precisely reflected and documented.
When creating a plan for your estate there are many questions that you might need to ask yourself. We have created a list of some of the important considerations and questions for your reference.
When creating a plan for your estate there are many questions that you might need to ask yourself. We have created a list of some of the important considerations and questions for your reference.
Portfolio Risk Platform
Assessing our clients’ full investment needs and risks is an essential component of providing comprehensive financial advice in portfolio construction. Key features of the Portfolio Risk Tool include broadly managing risk, identifying risk-based concerns and constructing risk-mitigated portfolios.
Learn More Here
Total Tax 365
Total Tax 365 is our full spectrum of year-round, active tax management solutions, tailored to help you minimize tax drag in your portfolio. It's vital to look at your entire portfolio and coordinate any sales to help reduce the impact of taxes and potentially improve investment results. We offer a comprehensive range of tax-efficient solutions to help you manage your tax liability and grow your long-term wealth.
View Tax-Aware Strategies Here
Equity Award Analysis
For many corporate executives employee stock grants and options are a very significant portion of their compensation. These employee equity awards tend to carry a considerable level of risk, significant potential tax consequences, and complexity. Our Equity Award Analysis can assist clients with evaluating their stock and option holdings as well as potential diversification strategies.
Retirement Planning
Most of us have numerous goals, but no goal is more important. It is important to look at time horizon, risk tolerance, and current savings to structure a sound retirement plan.
Develop Your Retirement RoadmapVALUABLE TOOLS AND RESOURCES
Our comprehensive suite of digital tools are 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, which provide some helpful perspectives on the economy, capital markets, and Morgan Stanley.
Morgan Stanley Online
Morgan Stanley Online allows you to seamlessly and securely manage your investments and everyday finances in one place.
Register for Morgan Stanley Online Today
Thoughts on the Markets Podcast
With perspectives on the forces shaping the market, Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, and his colleagues discuss a variety of viewpoints regarding the latest trends in the financial marketplace.
Listen to the Latest Podcast
Total Wealth View
With this service, you can view all your investments together – whether they are held at Morgan Stanley or elsewhere. When you add your external 401(k), as well as your checking, savings and brokerage accounts to this portal, all your assets will be in one place, providing a current and comprehensive view of your wealth.
See Your Complete Financial Picture
Morgan Stanley Ideas
Read our perspective on what's shaping the world today, and tomorrow. We cover topics ranging from health care, sustainability, macroeconomics and technology.
Explore Featured Topics
Digital Vault
Digital Vault lets you easily and securely manage and share important documents such as account statements, authorizations, tax filings and other relevant documents with your Financial Advisor.
Get Started Today
Global Investment Strategy Outlook
In an environment of slow growth, lower inflation and new monetary policies, explore why Morgan Stanley economists think the year will have upside for bonds, defensive stocks and emerging markets.
Global Investment Outlook
Cybersecurity Center
Safeguarding your assets and information is one of our highest priorities, but you also have a critical role to play. Check out our collection of practical takeaways and best practices from our cybersecurity professionals, then explore a few of the ways we help protect you.
Access Our Security Center
About Morgan Stanley
We believe capital can work to benefit all of society by doing the right thing, putting clients first, leading with exceptional ideas, committing to diversity and inclusion, and giving back.
About Morgan StanleyCOMMUNITY COMMITMENT
Charlie is actively involved in the community, currently serving as Board Treasurer of the Glaucoma Research Foundation and is a Co-Founder and Board President for the Community Housing Foundation of Mill Valley. Charlie has served as Board President of Enterprise for High School Students, and President of the San Francisco Chapter of U.C.L.A. Anderson Alumni Association, as well as a CYO youth basketball coach and group leader for the YMCA Adventure Princesses and Adventure Guides. Charlie provides significant fundraising support for PivotalNow, an organization which provides education and employment support to foster youth in Silicon Valley.
In the spirit of giving back, over the last six years at Morgan Stanley, Charlie has personally donated over $30,000 to various organizations through client-associated initiatives.
Since 2014, in lieu of a client holiday gift for Thanksgiving, Charlie offers his appreciation to clients through a $100 personal contribution per client from the donor advised fund that he and his wife, Cathy, have established. Clients can direct the $100 contribution to any 501(c)(3) qualified non-profit of the client’s choice.
In April 2022, Charlie sponsored an extra 2022 client-directed offer for $125 per client to support organizations assisting Ukrainians, who have been impacted by the humanitarian crisis due to the war.
Based on our clients’ Thanksgiving suggestions, we have been able to support dozens of different wonderful organizations, including those focused on animal welfare, the arts, domestic violence prevention and victim assistance, education, emergency and disaster relief services, the environment, food banks, foster youth, homeless assistance, inmate rehabilitation, medical research and hospitals, museums, schools and scholarship funds, special needs individuals, and wounded veterans.
We are very grateful to our clients for their confidence in our team and for their help in guiding us to support the great work of the staff and volunteers of these organizations.
In the spirit of giving back, over the last six years at Morgan Stanley, Charlie has personally donated over $30,000 to various organizations through client-associated initiatives.
Since 2014, in lieu of a client holiday gift for Thanksgiving, Charlie offers his appreciation to clients through a $100 personal contribution per client from the donor advised fund that he and his wife, Cathy, have established. Clients can direct the $100 contribution to any 501(c)(3) qualified non-profit of the client’s choice.
In April 2022, Charlie sponsored an extra 2022 client-directed offer for $125 per client to support organizations assisting Ukrainians, who have been impacted by the humanitarian crisis due to the war.
Based on our clients’ Thanksgiving suggestions, we have been able to support dozens of different wonderful organizations, including those focused on animal welfare, the arts, domestic violence prevention and victim assistance, education, emergency and disaster relief services, the environment, food banks, foster youth, homeless assistance, inmate rehabilitation, medical research and hospitals, museums, schools and scholarship funds, special needs individuals, and wounded veterans.
We are very grateful to our clients for their confidence in our team and for their help in guiding us to support the great work of the staff and volunteers of these organizations.
Volunteering:
Charlie is actively involved in the community, currently serving as Board Treasurer of the Glaucoma Research Foundation and is a Co-Founder and Board President for the Community Housing Foundation of Mill Valley. Charlie has served as Board President of Enterprise for High School Students, and President of the San Francisco Chapter of U.C.L.A. Anderson Alumni Association, as well as a CYO youth basketball coach and group leader for the YMCA Adventure Princesses and Adventure Guides. Charlie provides significant fundraising support for PivotalNow, an organization which provides education and employment support to foster youth in Silicon Valley.
Adam and his wife Jillian have connected with their community through various volunteer projects with HandOn Bay Area, including with such organizations as the Alemany Farms which improves food security by educating local residents about how they can become their own food producers. All of the food grown is given away for free to neighbors, volunteers, The Free Farm Stand, and other groups. Adam and Jillian have also volunteered with seniors at the Lytton Gardens Senior Community, a non-profit residential and health care facility serving low-income seniors in the Mid-Peninsula offering independent and assisted living, and skilled nursing care.
Adam and his wife Jillian have connected with their community through various volunteer projects with HandOn Bay Area, including with such organizations as the Alemany Farms which improves food security by educating local residents about how they can become their own food producers. All of the food grown is given away for free to neighbors, volunteers, The Free Farm Stand, and other groups. Adam and Jillian have also volunteered with seniors at the Lytton Gardens Senior Community, a non-profit residential and health care facility serving low-income seniors in the Mid-Peninsula offering independent and assisted living, and skilled nursing care.
Impact Investing:
Many of our clients would like their investments to be congruent with their values. This could include specific environmental, social, and governance (ESG) considerations, in addition to the goal of achieving strong investment performance. Our Investing with Impact Platform offers a depth of managers and funds with approaches that can integrate these factors. Our Investing with Impact platform recently reached $70 billion of assets under management at Morgan Stanley, which is reflective of significant client preferences for impact investment considerations in portfolio management and our robust platform of impact investing strategies.
Location
101 California St 23rd
Fl
San Francisco, CA 94111
US
Direct:
(415) 693-6177(415) 693-6177
Fax:
(650) 353-3536(650) 353-3536
Meet The Wilmoth Cho Team
Adam Cho, CFA, CFP®
Vice President, Financial Advisor, Portfolio Manager
Phone:
(415) 693-6177(415) 693-6177
Earl Ignacio
Registered Client Service Associate
Phone:
(415) 693-6239(415) 693-6239
About Charles Wilmoth
Charlie Wilmoth is a Senior Vice President, Portfolio Manager, and Financial Advisor with Morgan Stanley. Charlie and his team provide customized advice, financial planning, and investment solutions to financially successful individuals and families, executives, and business owners. Our team integrates additional Morgan Stanley specialists in cash management/lending, estate planning, and corporate executive compensation to provide the full breadth of Morgan Stanley to our clients. Client plans are tailored for each client’s goals, assets, liquidity needs, tax circumstances and risk tolerance.
Charlie has over 25 years of experience working with private clients in wealth management. Prior to our team joining Morgan Stanley Wealth Management, Charlie served clients as a Senior Vice President and Financial Advisor at Wells Fargo Advisors and a Principal and Financial Advisor at Bernstein Global Wealth Management.
Charlie earned his M.B.A. from the U.CL.A. Anderson Graduate School of Management and his B.A. from the University of Notre Dame, majoring in German and Business Administration.
Charlie is actively involved in the community, currently serving as Board Treasurer of the Glaucoma Research Foundation and is a Co-Founder and Board President for the Community Housing Foundation of Mill Valley. Charlie has served as Board President of Enterprise for High School Students, and President of the San Francisco Chapter of U.C.L.A. Anderson Alumni Association, as well as a CYO youth basketball coach and group leader for the YMCA Adventure Princesses and Adventure Guides. Charlie provides significant fundraising support for PivotalNow, an organization which provides education and employment support to foster youth in Silicon Valley.
Charlie and his wife, Cathy, live in Mill Valley and have enjoyed raising their three children surrounded by the natural beauty and vibrance of the San Francisco Bay area for over 25 years. Charlie is an active tennis player, skier, and hiker and thoroughly enjoys travelling with his family to experience other countries and cultures.
Charlie has over 25 years of experience working with private clients in wealth management. Prior to our team joining Morgan Stanley Wealth Management, Charlie served clients as a Senior Vice President and Financial Advisor at Wells Fargo Advisors and a Principal and Financial Advisor at Bernstein Global Wealth Management.
Charlie earned his M.B.A. from the U.CL.A. Anderson Graduate School of Management and his B.A. from the University of Notre Dame, majoring in German and Business Administration.
Charlie is actively involved in the community, currently serving as Board Treasurer of the Glaucoma Research Foundation and is a Co-Founder and Board President for the Community Housing Foundation of Mill Valley. Charlie has served as Board President of Enterprise for High School Students, and President of the San Francisco Chapter of U.C.L.A. Anderson Alumni Association, as well as a CYO youth basketball coach and group leader for the YMCA Adventure Princesses and Adventure Guides. Charlie provides significant fundraising support for PivotalNow, an organization which provides education and employment support to foster youth in Silicon Valley.
Charlie and his wife, Cathy, live in Mill Valley and have enjoyed raising their three children surrounded by the natural beauty and vibrance of the San Francisco Bay area for over 25 years. Charlie is an active tennis player, skier, and hiker and thoroughly enjoys travelling with his family to experience other countries and cultures.
Securities Agent: MN, DC, TN, ID, CO, CA, VT, MO, MD, VA, TX, NV, WI, WA, NY, FL, OH, MT, MA, IL, GA, AZ; General Securities Representative; Investment Advisor Representative
NMLS#: 1868573
CA Insurance License #: 0B27556
NMLS#: 1868573
CA Insurance License #: 0B27556
About Adam Cho
Adam Cho is a Financial Advisor at Morgan Stanley in San Francisco with over 15 years of wealth management experience. Adam is a CFA® charterholder and CFP ® certificant working within a seasoned team of professionals that specialize in meeting the complex financial needs of high net worth individuals and their families. Adam offers financial planning and analytic knowledge and experience with a high level of service to all of his clients.
Previously, Adam was a wealth management professional at Wells Fargo Advisors within the Private Bank and Bernstein Global Wealth Management. Adam received his B.S. in Business Administration – Finance with Distinction at the University of Colorado at Boulder.
Adam is a member of the CFA Society of San Francisco and volunteers his time to the community through his involvement with HandsOn Bay Area. Adam is a Colorado native and has lived in San Francisco with his wife, Jillian, for over 13 years. Adam enjoys travelling to new places and experiencing different cultures. He is also an avid golfer, fan of Formula 1 racing, and wristwatch enthusiast.
Previously, Adam was a wealth management professional at Wells Fargo Advisors within the Private Bank and Bernstein Global Wealth Management. Adam received his B.S. in Business Administration – Finance with Distinction at the University of Colorado at Boulder.
Adam is a member of the CFA Society of San Francisco and volunteers his time to the community through his involvement with HandsOn Bay Area. Adam is a Colorado native and has lived in San Francisco with his wife, Jillian, for over 13 years. Adam enjoys travelling to new places and experiencing different cultures. He is also an avid golfer, fan of Formula 1 racing, and wristwatch enthusiast.
Securities Agent: DC, MO, MD, IL, NY, MN, VA, CO, CA, FL, AZ, TX, ID, GA, WA, TN, OH, MT, WI, MA, VT, NV; General Securities Representative; Investment Advisor Representative
NMLS#: 1861861
CA Insurance License #: CA Insurance Lic. #: 0H32938
NMLS#: 1861861
CA Insurance License #: CA Insurance Lic. #: 0H32938
About Earl Ignacio
Earl Ignacio is a Registered Client Service Associate at Morgan Stanley in San Francisco with over 5 years of Financial Service industry experience. Earl is securities and insurance licensed with a passion for providing high-quality service to his team and clients.
Previously, Earl was a Premier Banker at Wells Fargo Bank and an Agent at New York Life. He received his B.S. in Business Administration – Finance at the University of California, Riverside.
Earl was born in the Philippines but migrated to the United States with his family in year 2000, where he has spent the majority of his life in the San Francisco Bay Area. Earl is currently living in San Francisco, where he enjoys visiting near coastal sights and finding new gems in the city. Earl is an avid Philadelphia Eagles and New York Knicks fan and loves to play a multitude of sports in his free time.
Previously, Earl was a Premier Banker at Wells Fargo Bank and an Agent at New York Life. He received his B.S. in Business Administration – Finance at the University of California, Riverside.
Earl was born in the Philippines but migrated to the United States with his family in year 2000, where he has spent the majority of his life in the San Francisco Bay Area. Earl is currently living in San Francisco, where he enjoys visiting near coastal sights and finding new gems in the city. Earl is an avid Philadelphia Eagles and New York Knicks fan and loves to play a multitude of sports in his free time.
Contact Charles Wilmoth
Contact Adam Cho
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Wendy Fortenberry
Private Banker
About Wendy Fortenberry
Wendy Fortenberry is a Private Banker serving Morgan Stanley Wealth Management offices in San Francisco, California and Hawaii.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Wendy began her career in financial services in 2001, and joined Morgan Stanley in 2015 as a Private Banker. Prior to joining the firm, she was a Wealth Management Banker at Merrill Lynch.
Wendy is a graduate of San Diego State University, where she received a Bachelor of Arts degree in Economics. She lives in the Bay Area. Outside of the office, Wendy enjoys attending professional baseball games & performing arts events as well as spending time with family and friends.
Private Bankers partner with Financial Advisors to develop a specialized approach for managing clients’ cash flow, liquidity and financing needs, leveraging our comprehensive suite of cash management and lending solutions.
Wendy began her career in financial services in 2001, and joined Morgan Stanley in 2015 as a Private Banker. Prior to joining the firm, she was a Wealth Management Banker at Merrill Lynch.
Wendy is a graduate of San Diego State University, where she received a Bachelor of Arts degree in Economics. She lives in the Bay Area. Outside of the office, Wendy enjoys attending professional baseball games & performing arts events as well as spending time with family and friends.
NMLS#: 637424
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
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
Article Image
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
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.
Ready to start a conversation? Contact The Wilmoth Cho Team 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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3When 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.
4Morgan 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.
5Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
6The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
7Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan 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, charitable giving, philanthropic planning and other legal matters.
8Morgan 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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
10Morgan 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
11When 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.
12Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan 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.
13When 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.
14Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
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 Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan 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.
3When 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.
4Morgan 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.
5Alternative Investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment. Alternative investments are appropriate only for qualified, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
6The returns on a portfolio consisting primarily of Environmental, Social and Governance (“ESG”) aware investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because ESG criteria exclude some investments, investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. Diversification does not guarantee a profit or protect against loss in a declining financial market.
7Products and services are provided by third party service providers, not Morgan Stanley Smith Barney LLC (“Morgan Stanley”). Morgan Stanley may not receive a referral fee or have any input concerning such products or services. There may be additional service providers for comparative purposes. Please perform a thorough due diligence and make your own independent decision.
Morgan 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, charitable giving, philanthropic planning and other legal matters.
8Morgan 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.
9Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or 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 legal matters.
10Morgan 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
11When 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.
12Morgan Stanley Smith Barney LLC does not accept appointments nor will it act as a trustee but it will provide access to trust services through an appropriate third-party corporate trustee.
Morgan 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.
13When 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.
14Investors should consider many factors before deciding which 529 plan is appropriate. Some of these factors include: the Plan’s investment options and the historical investment performance of these options, the Plan’s flexibility and features, the reputation and expertise of the Plan’s investment manager, Plan contribution limits and the federal and state tax benefits associated with an investment in the Plan. Some states, for example, offer favorable tax treatment and other benefits to their residents only if they invest in the state’s own Qualified Tuition Program. Investors should determine their home state’s tax treatment of 529 plans when considering whether to choose an in-state or out-of-state plan. Investors should consult with their tax or legal advisor before investing in any 529 Plan or contact their state tax division for more information. Morgan Stanley Smith Barney LLC does not provide tax and/or legal advice. Investors should review a Program Disclosure Statement, which contains more information on investment options, risk factors, fees and expenses and possible tax consequences.
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
CRC 6491812 (04/2024)
