Jay Wood
Senior Vice President, Wealth Management, Financial Advisor, Workplace Advisor – Equity Compensation, Retirement
Phone:
(203) 326-6966(203) 326-6966
THE WOOD GROUP at Morgan Stanley
Nisha Chisena, Portfolio ManagementPaul Fitzsimmons, CFP®, CRPC®, CRPS®Carolina McGoey, CFP®, QPFCBrian Nerreau, CFP®Tack SimmonsRichard StoneJay WoodBrenner AndersonEstefanía MunguíaShauna Simpson
Direct:
(203) 326-6958(203) 326-6958
Toll-Free:
(866) 469-3313(866) 469-3313
Industry Award WinnerOur Mission Statement
Helping you in family wealth planning for your family’s unique goals
Our Story and Services
Whether you're building a business, planning for retirement or setting your bucket-list goals, you need a Financial Advisor on your side. We navigate our clients through the different stages of life with an extensive financial planning process that guides us in delivering a comprehensive investment solution in order to reach their life goals.
2023 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2023). Data compiled by SHOOK Research LLC based on time period from 3/31/21-3/31/22.
2024 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2024). Data compiled by SHOOK Research LLC based for the period from 3/31/22–3/31/23.
2025 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2025). Data compiled by SHOOK Research LLC based for the period from 3/31/23–3/31/24.
2026 Forbes Best-In-State Wealth Management Teams
Source: Forbes.com (Awarded Jan 2026). Data compiled by SHOOK Research LLC based for the period from 3/31/24–3/31/25.
Core Values
- Experience and Diversity: Our combined experience, coupled with a team with varying backgrounds, helps us provide thoughtful advice and solutions to complex wealth management problems.
- Comprehensive Plan: From the very beginning, we sit down with our clients to understand their goals and build a plan that accommodates the possibility of future changes. Our clients take comfort in knowing that they have experienced financial professionals deploying a structured, comprehensive approach that always has their best interest in mind.
- Portfolio Management: With an emphasis on customization and tax efficiency, we focus a great deal of effort on allocating our clients’ investments according to their risk tolerance, and constantly monitoring their portfolios with their goals in mind.
- Simplicity: We believe that true value lies in our ability to simplify the lives of our clients. Constant innovation, improvement, and seeking out new ways to streamline our approach are deeply held values of our team.
Services Include
- Wealth ManagementFootnote1
- Financial PlanningFootnote2
- Wealth PlanningFootnote3
- Retirement PlanningFootnote4
- Estate Planning StrategiesFootnote5
- Professional Portfolio ManagementFootnote6
- Trust Services*
- Trust AccountsFootnote7
- 529 PlansFootnote8
- UGMA/UTMAFootnote9
- Planning for Education FundingFootnote10
- Planning for Individuals with Special Needs
- LGBT+ Planning ServicesFootnote11
- Divorce Financial AnalysisFootnote12
- Business PlanningFootnote13
- Corporate Investment SolutionsFootnote14
- Corporate Pension FundsFootnote15
- Business Succession PlanningFootnote16
- Corporate Retirement PlansFootnote17
- Qualified Retirement PlansFootnote18
- Defined Contribution PlansFootnote19
- 401(k) Rollovers
- Long Term Care InsuranceFootnote20
- Life InsuranceFootnote21
- AnnuitiesFootnote22
- Philanthropic Services
- Endowments and FoundationsFootnote23
- Lending Products
- Cash ManagementFootnote24
- Structured ProductsFootnote25
- Alternative InvestmentsFootnote26
- Sustainable InvestingFootnote27
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Corporate Retirement
As a team with a Corporate Retirement Director, we will compare and evaluate plan fees and services to those of other similar plans – to help you determine what is reasonable. We can help identify and understand specific plan fees, leverage Fiduciary Benchmark's data and benchmarking capabilities to conduct an apples-to-apples comparison, and ultimately evaluate the effectiveness of their plan from both a quantitative as well as a qualitative perspective.
Managing a comprehensive retirement plan for your organization takes a unique set of skills. As a fiduciary, you are responsible for selecting and monitoring service providers and investments while also being committed to understanding and implementing ERISA regulations. You must also continue to create fresh strategies to encourage your employees to take full advantage of the program. For many plan sponsors, these responsibilities can be overwhelming.
With a commitment to outstanding service and an emphasis on excellence, our mission is simple: to provide objective and high-quality guidance, specialized knowledge and experience, and tailored solutions to empower your organization to make informed decisions about the retirement benefits you offer to your employees. Managing retirement benefits that align with your organization’s vision involves many decisions across multiple disciplines. I will work with you to understand your vision and craft a customized plan that supports your organization and your employees.
Managing a comprehensive retirement plan for your organization takes a unique set of skills. As a fiduciary, you are responsible for selecting and monitoring service providers and investments while also being committed to understanding and implementing ERISA regulations. You must also continue to create fresh strategies to encourage your employees to take full advantage of the program. For many plan sponsors, these responsibilities can be overwhelming.
With a commitment to outstanding service and an emphasis on excellence, our mission is simple: to provide objective and high-quality guidance, specialized knowledge and experience, and tailored solutions to empower your organization to make informed decisions about the retirement benefits you offer to your employees. Managing retirement benefits that align with your organization’s vision involves many decisions across multiple disciplines. I will work with you to understand your vision and craft a customized plan that supports your organization and your employees.
Carolina McGoey, CFP®, QPFC®
Carolina is The Wood Group’s Qualified Plan Financial Consultant, a designation that recognizes individuals who have comprehensive knowledge of general retirement concepts, terminology, distinctive features of each plan, and how financial professionals play a role in the retirement planning process. Carolina focuses on the Group's efforts to assist and support our Corporate Retirement Director with helping corporate clients manage their retirement plans.
2024 NAPA Top Defined Contribution (DC) Advisor Teams
Source: napa-net.org (March 2024). Data compiled by NAPA based on self-reported assets under advisement as of Dec 31, 2023.
NAPA Website
2025 NAPA Top Defined Contribution (DC) Advisor Teams
Source: napa-net.org (March 2025). Data compiled by NAPA based on self-reported assets under advisement as of Dec 31, 2024.
NAPA Website
QPFC® - Qualified Plan Financial Consultant (Carolina McGoey)
The Qualified Plan Financial Consultant® is awarded by the National Association of Plan Advisors for financial professionals who sell, advise, market or support qualified retirement plans.
CRPS® - Chartered Retirement Plans Specialist® (Paul Fitzsimmons)
The Chartered Retirement Plans Specialist® is a credential awarded by the College for Financial Planning for advisors focused on creating, implementing and maintaining retirement plans for businesses. The core areas of focus include IRAs, plans for small businesses, defined contribution plans, defined benefit plans and fiduciary issues.
CRPC® - Chartered Retirement Planning Counselor® (Paul Fitzsimmons)
The Chartered Retirement Planning Counselor® is awarded by the College for Financial Planning for advisors focused on retirement planning for individuals. The core areas of focus include pre- and post-retirement needs, asset management, and estate planning.
Working With You
Your goals, hopes and dreams are at the center of our work. That’s why we’ll plan to meet with you at length when you first begin working with us. We’ll ask smart questions and listen to what you say. Once we fully understand your situation, we’ll suggest ways to put your money to work. Below please find additional information on our key areas of strength:
Financial Planning
Creating a financial plan means taking a holistic view of your entire financial picture. We put together a custom strategy that is tailored to your financial objectives - whether it be saving for retirement, saving for your child's education, or protecting your wealth. We also give you the ability to monitor and track your progress towards your financial goals.
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Retirement Planning
Planning for retirement is a primary need of many of our clients. We look at your long-term goals and short-term needs to create a plan that works towards your goals, accounts for short-term liquidity needs, all while mitigating risk. Everyone has a different vision for how they want to live out their retirement years, so we develop a plan that can help you sustain your dream retirement. We also help manage your employer’s retirement plan (e.g. 401(k) plan, ESOP, NQDC) and make sure that your positions in those are consistent with your risk profile and complement your overall financial plan.
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Trust and Estate Planning Strategies
Building, protecting and passing on a legacy involves much more than investing wisely. It requires a careful analysis of your objectives, intelligent structuring of your assets and an integrated, strategic approach to estate planning and implementation.
Our goal is to help you protect and grow the wealth you have created, and to help you and your family maintain unity as you pass both assets and values across generations.
Learn MoreOur goal is to help you protect and grow the wealth you have created, and to help you and your family maintain unity as you pass both assets and values across generations.
Corporate Retirement Plans
As a team with a Corporate Retirement Director, we will compare and evaluate plan fees and services to those of other similar plans – to help you determine what is reasonable. We can help identify and understand specific plan fees, leverage Fiduciary Benchmark's data and benchmarking capabilities to conduct an apples-to-apples comparison, and ultimately evaluate the effectiveness of their plan from both a quantitative as well as a qualitative perspective.
Learn More
Workplace Advisors - Equity Compensation
As Morgan Stanley Workplace Advisors, our team is qualified to provide guidance and advice on all your employee equity compensation needs. We receive unique training and education on company specific plans to service our clients' needs. Your employee stock and options can be a significant part of wealth you've built over time to help meet the goals that matter to you. Converting that wealth to enable your dreams is often complex, and options can add another element of complexity due to their varying tax implications and vesting rules. We help our clients maximize the impact of their equity compensation plans through account consolidation, tax efficient strategies, diversification solutions, financial planning, and wealth management expertise.
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Portfolio Management
We study investment trends and leverage the global resources of the firm to help you develop a personalized investment strategy. We analyze and monitor your portfolio in a way that is suitable to your goals. Managing a portfolio can be time consuming, but with us and our suite of analytical tools, our goal is to help relieve you of these day-to-day decisions. We also provide our clients with access to alternative investments and structured products that they may not otherwise have access to investing on their own.
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Family Office Services
Our team offers access to an extensive suite of services needed to help highly affluent families manage the complex multigenerational challenges of managing significant wealth. We coordinate with your external advisors (attorneys, accountants, trust officers, insurance providers, property managers, household staff, etc.) to provide active and strategic planning as well as management of daily actionable administrative needs. We integrate investment management with all other aspects of wealth planning while providing concierge services and personalized care for your family.
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Risk Management
We take a holistic approach to managing your finances by identifying risk outliers and understanding the impact of market scenarios. Two of our advisors are Insurance Planning Directors and will also evaluate the potential financial risks that you may face and that could impact your plan. For that we offer comprehensive life insurance as well as property & casualty analysis.
- Life Insurance
- Long Term care
- Annuities
- Property & Casualty
- Portfolio Risk Platform (Aladdin)
Learn More- Life Insurance
- Long Term care
- Annuities
- Property & Casualty
- Portfolio Risk Platform (Aladdin)
Charitable Giving
Charitable giving is among the highest of human aspirations, woven into the fabric of organizations, countries and societies around the world. While many individuals and families have a deep commitment to philanthropy, charitable giving is not limited to those with significant wealth. A well-structured charitable plan can provide benefits to the causes you care about for generations to come. Donor advised funds are among the easiest and most tax-advantaged ways to give to charity for donors across the spectrum of wealth.
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Endowments and Foundations
Endowments and Foundations typically have long-term return objectives, so it is important to maintain the purchasing power of the portfolio. We formulate a strategy to help generate a return that not only funds the required distributions, but to also replenish the additional annual drain on assets due to expenses and inflation.
Monthly Updates
Our monthly newsletter is a staple of The Wood Group. Each month we strive to provide you relevant content related to a "theme of the month." Please take a look at some of our past newsletters and stay alert for next month's edition!
Business Owners Newsletter - November 2025
At The Wood Group, advising business owners has always been a core part of what we do and this month we're focusing on resources designed specifically for them. From selling a business to managing employee retirement plans and equity compensation, we've included several articles to help business owners navigate some of their most important challenges.
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Cybersecurity Newsletter - October 2025
As the seasons change, and the end of 2025 comes near, we wanted to remind you of the cybercrime threats that tend to spike this time of year. We thought it might be helpful to share a couple of articles, tools, and tips on how to help secure your personal information. We also have included a link to an upcoming cybersecurity event as well as information for protecting your personal accounts.
Learn MoreRetirement Readiness Newsletter - September 2025
Whether it is 5 years or 25 years away, it is never too early to start your retirement planning. To help you get started, we have included several articles below. At the bottom we have included an upcoming retirement focused event and a reminder regarding RMDs. We hope you enjoy!
Learn MoreBack-to-School Newsletter - August 2025
As students return to school and routines reset, it's a perfect moment to reset our understanding of the building blocks of financial health. From core budgeting and saving strategies to foundational investing knowledge, we have included several resources to help navigate today's markets and economy.
Learn MoreSummer Estate Planning - July 2025
With summer in full swing, it’s a great time to take stock of your financial health and make any necessary updates. In this edition, we cover timely strategies to help you optimize your estate planning and stay on track with your goals. We also have included important updates for clients with Inherited IRAs. As always, we’re here to help; please reach out with any questions!
Learn MoreMidyear Review - June 2025
Believe it or not but 2025 is nearly half-way over! As we reach the midyear mark, it is important to be doing some reflection on your portfolio. We're here to help you reflect on the last six months as well as consider where we may go for the rest of the year. We also have some tips for your summer travel!
Learn MoreCollege Planning Newsletter - May 2025
In the spirit of graduation season, we wanted to get you thinking about the next generation and planning for college. We have included several resources relating to college savings, 529s, and general financial information for our younger audience!. We hope you enjoy!
Learn MoreMarket Volatility Newsletter - April 2025
Market corrections, though common, can be unsettling, especially when your hard-won savings are earmarked for important life goals. In this edition of our newsletter we provide some resources to help you navigate recent volatility. Please don't hesitate to reach out!
Learn More
Women's History Month Newsletter
We want to wish you a very happy Women's History Month! In honor of this special time, we celebrate the strong women in our lives today, this month, and always. We wanted to provide you with the below resources to help empower your financial savviness.
Learn MoreSpring Cleaning Newsletter - March 2025
As we enter March, it is as good of a time as any to do some spring cleaning. In this edition we help you spring clean your finances! We've included some timely articles relating to budgeting, portfolios, and retirement plans.
Learn MoreFinancial Planning Newsletter - February 2025
In the spirit of Valentine's day, the theme for this newsletter is love! To us, love means loving your financial plan. By ensuring that your investment strategy aligns with your personal priorities, we can help make this the case.
Learn MoreFinancial Resolutions Newsletter - January 2025
In this edition of our monthly newsletter, we included resources to help you think about any financial resolutions. It is also a great time to revisit and refine your financial goals for the year ahead.
Learn MoreYear-End Planning Newsletter - December 2024
As we close out 2024, we've provided some helpful resources to consider for year-end planning. Looking ahead to 2025, you'll also find insights regarding market outlooks and tools to help you revisit and refine your financial goals for the year ahead.
Learn MoreEstate Planning & Charitable Giving Newsletter - November 2024
For November's edition of our monthly newsletter, we are focusing on two important topics - estate planning and charitable giving. As we approach the end of the year, it's an ideal time to review and refine your estate plans, especially with the sunsetting of the Federal Estate and Gift Tax Exemption.
Learn MoreContent and Research
Working with us and being a client at Morgan Stanley provides our clients with access to Morgan Stanley's robust suite of digital tools, which provide clients with simple and easy ways to access their accounts and manage their wealth effectively. We have assembled the following resources to provide you with information on current market trends and relevant financial topics.
GIC: On the Markets
A monthly publication that summarizes the Global Investment Committee’s market outlook and contains thought-provoking essays that examine the forces shaping the investment landscape. Check out this month's edition here.
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Education Planning Center: 529 Plans and More
With education costs rising, paying for college has become a major life expense that requires smart planning. Find answers to key questions here.
Learn More
Philanthropy Management
With great wealth, comes great opportunity. As your
assets have grown, so has your ability to support the
people, institutions and causes that add meaning to
your life.
Learn Moreassets have grown, so has your ability to support the
people, institutions and causes that add meaning to
your life.
Wealth Planning for Women
Investing is an important part of your wealth planning strategy, and it is also important that you invest in a way that fits both your lifestyle and your long-term goals.
Learn More
Kids & Money
As your children grow into young adults, you can help them learn how to manage their own finances. Here’s how to go about it.
Learn More
College Graduates
Teach your college-age child how to avoid debt pitfalls, control impulse buying and create a clean credit report for life.
Learn More
Divorce
Dealing with the impact of divorce on your financial life can make an emotionally difficult time even more challenging. Although divorce is seldom easy, you can prepare for it – and being prepared will help you feel more in control and better equipped to make informed, confident decisions about your financial future.
Learn More
Your Guide to Life and Money
We hope this Playbook inspires honest conversations about money and the role money plays in your life.
Learn More
The Phases of Estate Planning
For many individuals, wading into the process of estate planning can feel daunting—the U.S. tax code is complex and there are a myriad of strategies to choose from; how do you determine which is the right fit? The process may be simplified by breaking estate planning into three phases and creating a roadmap through each phase with well tested estate planning tools and techniques.
Learn MoreThe Time is Now
While many individuals wait to determine if they will take advantage of the increased Federal estate and gift tax exemptions, others are already working with their advisors to ensure they don’t miss out on the opportunity. By working with us, you can determine whether making a significant gift at this time fits your financial goals.
Learn MoreLocation
4 Landmark Square
2nd Floor
Stamford, CT 06901
US
Direct:
(203) 326-6958(203) 326-6958
Toll-Free:
(866) 469-3313(866) 469-3313
Fax:
(203) 967-7006(203) 967-7006
Meet THE WOOD GROUP
Brian Nerreau, CFP®
Senior Vice President, Wealth Management, Financial Advisor, Insurance Planning Director, Workplace Advisor – Equity Compensation, Retirement
Phone:
(203) 326-6942(203) 326-6942
Paul Fitzsimmons, CFP®, CRPC®, CRPS®
Senior Vice President, Wealth Management, Financial Advisor, Corporate Retirement Director, Workplace Advisor – Equity Compensation, Retirement
Phone:
(203) 326-6946(203) 326-6946
Carolina McGoey, CFP®, QPFC
Associate Vice President, Wealth Management, Financial Advisor, CERTIFIED FINANCIAL PLANNER®, Qualified Plan Financial Consultant, Insurance Planning Director, Workplace Advisor – Equity Compensation, Retirement
Phone:
(203) 326-6964(203) 326-6964
Nisha Chisena, Portfolio Management
First Vice President, Wealth Management, Financial Advisor, Portfolio Manager, Workplace Advisor – Equity Compensation, Retirement
Phone:
(203) 326-6960(203) 326-6960
Richard Stone
Senior Vice President, Wealth Management, Financial Advisor, Senior Portfolio Management Director
Phone:
(203) 326-6954(203) 326-6954
Tack Simmons
Vice President, Wealth Management, Financial Advisor, Portfolio Manager
Phone:
(203) 326-6903(203) 326-6903
Shauna Simpson
Vice President, Wealth Management Associate
Phone:
(203) 326-6958(203) 326-6958
Estefanía Munguía
Portfolio Associate, Financial Planning Specialist*
Phone:
(203) 967-7112(203) 967-7112
Brenner Anderson
Client Service Associate
Phone:
(203) 326-6999(203) 326-6999
About Jay Wood
John F. Wood, Jr
Senior Vice President - Wealth Management
Financial Advisor
Jay is a Financial Advisor and Senior Vice President at Morgan Stanley. Jay is deeply committed to building long-term relationships. By taking the time to listen, understand and objectively assess clients’ needs, risk tolerance and investment objectives, he carefully develops, reviews and implements customized investment programs for each of our clients.
Prior to joining the firm at the end of 2008, Jay spent nine years at Merrill Lynch. While at Merrill, Jay served as President of the New York Trust Company and Director of Wealth Management Services. In 2002, Jay formed The Wood Group at Merrill Lynch with Paul Fitzsimmons, Steve Lazarus and Brian Nerreau with the intention of servicing High Net Worth Individuals, Family Offices, NFP organizations, corporate defined benefit and contribution retirement plans as well as small and mid-sized businesses. Before joining Merrill, Jay was the Executive Vice President of Fleet Bank responsible for its Private Banking Business in the Metro New York region.
Jay received his undergraduate degree and MBA in Finance from Rollins College and holds Series 7, 31 and 66 FINRA licenses. He also holds insurance and long term care licenses.
Jay and his wife Terrie have three children and live in Darien, CT. He enjoys golf, boating and travel. Past affiliations include Board President of Wee Burn Country Club, President of the Darien YMCA, Vice President of the Darien Library Board, President of the Board of Darien EMS, and Norwalk Community College Foundation Trustee.
Senior Vice President - Wealth Management
Financial Advisor
Jay is a Financial Advisor and Senior Vice President at Morgan Stanley. Jay is deeply committed to building long-term relationships. By taking the time to listen, understand and objectively assess clients’ needs, risk tolerance and investment objectives, he carefully develops, reviews and implements customized investment programs for each of our clients.
Prior to joining the firm at the end of 2008, Jay spent nine years at Merrill Lynch. While at Merrill, Jay served as President of the New York Trust Company and Director of Wealth Management Services. In 2002, Jay formed The Wood Group at Merrill Lynch with Paul Fitzsimmons, Steve Lazarus and Brian Nerreau with the intention of servicing High Net Worth Individuals, Family Offices, NFP organizations, corporate defined benefit and contribution retirement plans as well as small and mid-sized businesses. Before joining Merrill, Jay was the Executive Vice President of Fleet Bank responsible for its Private Banking Business in the Metro New York region.
Jay received his undergraduate degree and MBA in Finance from Rollins College and holds Series 7, 31 and 66 FINRA licenses. He also holds insurance and long term care licenses.
Jay and his wife Terrie have three children and live in Darien, CT. He enjoys golf, boating and travel. Past affiliations include Board President of Wee Burn Country Club, President of the Darien YMCA, Vice President of the Darien Library Board, President of the Board of Darien EMS, and Norwalk Community College Foundation Trustee.
Securities Agent: NC, MD, VT, TX, NY, MA, AL, SC, NH, DE, NM, TN, NJ, ME, DC, CA, RI, MT, MI, IL, MO, MN, GA, CT, CO, WA, OH, FL, VA, WY, PA, OR; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1270218
NMLS#: 1270218
About Brian Nerreau
Brian J. Nerreau, CFP®
Insurance Planning Director
Senior Vice President - Wealth Management
Financial Advisor
Brian is a Financial Advisor and Senior Vice President at Morgan Stanley. He joined the firm at the end of 2008 as a senior member of The Wood Group. Brian works with The Wood Group’s clients in all areas of Liability Management and Cash Management for both individuals and businesses, Financial Planning, Insurance and Long-Term Care.
Prior to joining Morgan Stanley, Brian spent seven years at Merrill Lynch as a senior member of The Wood Group as well. Before joining Merrill, Brian spent 13 years as a Senior Vice President and Team Leader in the Private Banking Group of FleetBoston Corporation, primarily in their Greenwich, CT location. Brian began his banking career at Chase Manhattan Bank in New York where he established and managed the Real Estate Lending Department of Chase Private Banking. Brian has over 30 years of consulting experience working with high net worth individuals, families, and businesses.
Brian is an Insurance Planning Director and a Certified Financial Planner™, holds his Series 7 and 66 FINRA licenses, his Insurance License and is certified in Long-Term Care. Both Brian’s undergraduate and graduate studies were in Economics and Finance at Fairfield University.
Brian and his wife have three children and live in Fairfield, CT. Through the years he has enjoyed coaching a variety of sports, particularly lacrosse, playing golf, bicycling and hiking. Brian is the Chairman of the Fairfield Parks and Recreation Department and also volunteers with a number of committees at B’Nai Israel.
Insurance Planning Director
Senior Vice President - Wealth Management
Financial Advisor
Brian is a Financial Advisor and Senior Vice President at Morgan Stanley. He joined the firm at the end of 2008 as a senior member of The Wood Group. Brian works with The Wood Group’s clients in all areas of Liability Management and Cash Management for both individuals and businesses, Financial Planning, Insurance and Long-Term Care.
Prior to joining Morgan Stanley, Brian spent seven years at Merrill Lynch as a senior member of The Wood Group as well. Before joining Merrill, Brian spent 13 years as a Senior Vice President and Team Leader in the Private Banking Group of FleetBoston Corporation, primarily in their Greenwich, CT location. Brian began his banking career at Chase Manhattan Bank in New York where he established and managed the Real Estate Lending Department of Chase Private Banking. Brian has over 30 years of consulting experience working with high net worth individuals, families, and businesses.
Brian is an Insurance Planning Director and a Certified Financial Planner™, holds his Series 7 and 66 FINRA licenses, his Insurance License and is certified in Long-Term Care. Both Brian’s undergraduate and graduate studies were in Economics and Finance at Fairfield University.
Brian and his wife have three children and live in Fairfield, CT. Through the years he has enjoyed coaching a variety of sports, particularly lacrosse, playing golf, bicycling and hiking. Brian is the Chairman of the Fairfield Parks and Recreation Department and also volunteers with a number of committees at B’Nai Israel.
Securities Agent: NC, WY, PA, MT, FL, AL, WA, RI, ME, DC, MN, SC, OH, MA, DE, VA, NH, MO, OR, MD, IL, GA, CT, VT, TX, NM, NJ, MI, CO, CA, TN, NY; General Securities Representative; Investment Advisor Representative
NMLS#: 1268446
CA Insurance License #: 0E19970
NMLS#: 1268446
CA Insurance License #: 0E19970
About Paul Fitzsimmons
Paul J. Fitzsimmons, CFP®, CRPC®, CRPS®
Corporate Retirement Director
Senior Vice President - Wealth Management
Financial Advisor
Paul is a Financial Advisor and Senior Vice President at Morgan Stanley. He joined the firm at the end of 2008, as a Senior Member of The Wood Group. Paul focuses on the Group’s efforts in the Corporate Qualified Plan area which includes Defined Contribution and Benefit Plans, Endowments and Foundations. Paul is a Corporate Retirement Director, a Certified Financial Planner™, a Chartered Retirement Plan Consultant, and a Chartered Retirement Plan SpecialistSM, who holds a MBA from the University of Connecticut.
Prior to joining Morgan Stanley, Paul was at Merrill Lynch for eight years, two years as the District Trust Manager of the Metropolitan New York Area and then six years as a Senior member with The Wood Group. Paul also spent 14 years as a Senior Vice President at FleetBoston Corporation where he served as a Trust/Estate Planning Development Officer.
He holds Series 7, 31 and 66 FINRA licenses. He also holds insurance and long term care licenses. Paul completed his undergraduate studies at Northeastern University where he also participated in the schools Division I Ice Hockey Program. Paul played briefly with the Boston Bruins before pursuing a career in financial services.
Paul and his wife have 2 children and live in Southport, CT. He enjoys golf, riding his motorcycle and hockey.
Corporate Retirement Director
Senior Vice President - Wealth Management
Financial Advisor
Paul is a Financial Advisor and Senior Vice President at Morgan Stanley. He joined the firm at the end of 2008, as a Senior Member of The Wood Group. Paul focuses on the Group’s efforts in the Corporate Qualified Plan area which includes Defined Contribution and Benefit Plans, Endowments and Foundations. Paul is a Corporate Retirement Director, a Certified Financial Planner™, a Chartered Retirement Plan Consultant, and a Chartered Retirement Plan SpecialistSM, who holds a MBA from the University of Connecticut.
Prior to joining Morgan Stanley, Paul was at Merrill Lynch for eight years, two years as the District Trust Manager of the Metropolitan New York Area and then six years as a Senior member with The Wood Group. Paul also spent 14 years as a Senior Vice President at FleetBoston Corporation where he served as a Trust/Estate Planning Development Officer.
He holds Series 7, 31 and 66 FINRA licenses. He also holds insurance and long term care licenses. Paul completed his undergraduate studies at Northeastern University where he also participated in the schools Division I Ice Hockey Program. Paul played briefly with the Boston Bruins before pursuing a career in financial services.
Paul and his wife have 2 children and live in Southport, CT. He enjoys golf, riding his motorcycle and hockey.
Securities Agent: ME, NH, WA, NY, MI, TN, OR, MT, MA, CT, VA, CO, MO, MD, RI, NM, NC, CA, DC, VT, TX, OH, DE, WY, IL, MN, GA, FL, AL, SC, PA, NJ; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1268460
NMLS#: 1268460
About Carolina McGoey
Carolina McGoey, CFP®, QPFC
Insurance Planning Director, Workplace Advisor – Equity Compensation
Associate Vice President, Financial Advisor
Carolina McGoey is a Financial Advisor with The Wood Group at Morgan Stanley, bringing more than 20 years of experience across wealth management, business consulting, and corporate treasury operations. She works with high-net-worth and ultra-high-net-worth individuals and families, as well as business owners, helping them make informed decisions around wealth strategy, risk management, and long-range planning—often in the context of complex family, business, and compensation considerations.
Carolina joined Morgan Stanley in 2015 and also leads the team’s marketing and business development initiatives. As a CFP® professional, she helps develop and monitor comprehensive financial plans designed to keep clients aligned with their goals as life evolves. As Insurance Planning Director, she helps clients evaluate risk exposures and consider strategies to address potential coverage gaps. As a Qualified Plan Financial Consultant (QPFC), she supports the team’s work with corporate retirement plans, partnering with plan sponsors on plan-related priorities. As a Workplace Advisor – Equity Compensation, she supports clients navigating equity compensation and related planning conversations.
Carolina is part of Women in Wealth of Stamford, a group of Morgan Stanley female Financial Advisors committed to helping women build confidence and clarity around their financial lives through education, resources, and engagement.
Active in her community, Carolina serves as Chair of the Board of the YWCA Darien/Norwalk and chairs its Women of Distinction event. She also serves on the Board of Directors of the Wave Strong Foundation and supports the Building One Community Annual Benefit. She previously served for seven years as an elected member of the Darien RTM, including as Chair representing District 3 and served on the DHSPA executive board for eight years.
Originally from Venezuela, Carolina earned her undergraduate degree in Business from Universidad Metropolitana and a Master’s in Finance from IESA. She is fluent in English, Spanish, French, and Portuguese and lives in Darien, CT with her husband, two daughters, and their Australian Labradoodle.
Carolina is a Pacesetters Club member (since 2021) and holds Series 7 and Series 66 licenses, as well as Insurance and Long-Term Care licenses.
Insurance Planning Director, Workplace Advisor – Equity Compensation
Associate Vice President, Financial Advisor
Carolina McGoey is a Financial Advisor with The Wood Group at Morgan Stanley, bringing more than 20 years of experience across wealth management, business consulting, and corporate treasury operations. She works with high-net-worth and ultra-high-net-worth individuals and families, as well as business owners, helping them make informed decisions around wealth strategy, risk management, and long-range planning—often in the context of complex family, business, and compensation considerations.
Carolina joined Morgan Stanley in 2015 and also leads the team’s marketing and business development initiatives. As a CFP® professional, she helps develop and monitor comprehensive financial plans designed to keep clients aligned with their goals as life evolves. As Insurance Planning Director, she helps clients evaluate risk exposures and consider strategies to address potential coverage gaps. As a Qualified Plan Financial Consultant (QPFC), she supports the team’s work with corporate retirement plans, partnering with plan sponsors on plan-related priorities. As a Workplace Advisor – Equity Compensation, she supports clients navigating equity compensation and related planning conversations.
Carolina is part of Women in Wealth of Stamford, a group of Morgan Stanley female Financial Advisors committed to helping women build confidence and clarity around their financial lives through education, resources, and engagement.
Active in her community, Carolina serves as Chair of the Board of the YWCA Darien/Norwalk and chairs its Women of Distinction event. She also serves on the Board of Directors of the Wave Strong Foundation and supports the Building One Community Annual Benefit. She previously served for seven years as an elected member of the Darien RTM, including as Chair representing District 3 and served on the DHSPA executive board for eight years.
Originally from Venezuela, Carolina earned her undergraduate degree in Business from Universidad Metropolitana and a Master’s in Finance from IESA. She is fluent in English, Spanish, French, and Portuguese and lives in Darien, CT with her husband, two daughters, and their Australian Labradoodle.
Carolina is a Pacesetters Club member (since 2021) and holds Series 7 and Series 66 licenses, as well as Insurance and Long-Term Care licenses.
Securities Agent: WY, CO, MT, MA, AL, NM, DC, TX, MO, MN, MI, ME, OR, NH, IL, CT, VA, TN, RI, MD, DE, NJ, VT, PA, GA, NY, NC, SC, OH, FL, CA, WA; General Securities Representative; Investment Advisor Representative
NMLS#: 1901112
NMLS#: 1901112
About Nisha Chisena
Nisha B. Chisena
Portfolio Manager
First Vice President - Wealth Management
Financial Advisor
Nisha Chisena is a Financial Advisor and Portfolio Manager with The Wood Group at Morgan Stanley and serves as the team’s Chief Investment Officer. She brings more than 25 years of investment management experience and has been with Morgan Stanley since 2016. In her CIO role, Nisha leads the team’s investment strategy and portfolio construction process, with a focus on asset allocation, risk management, and disciplined implementation aligned to each client’s objectives.
Nisha is also instrumental in strengthening the team’s quantitative and analytical resources to support consistent decision-making across market environments. She has particular experience evaluating alternative investments and, where appropriate and suitable, helps clients consider strategies beyond traditional asset classes as part of a diversified plan.
Prior to joining The Wood Group in September 2022, Nisha spent 19 years at Merrill Lynch. Earlier in her career, she worked in the International Division, managing investment portfolios and foreign currency trading for clients in Western Europe and West Africa. She later transitioned to advising U.S.-based clients, including women, members of the LGBTQ+ community, and executives in the fashion industry.
Nisha is an active member of Women in Wealth of Stamford, a network of Morgan Stanley female Financial Advisors dedicated to sharing education and resources designed to help women navigate their financial lives with greater confidence.
Nisha lives in Westport, CT with her husband and two children. She is fluent in English and French and enjoys travel, music, and skiing. A passionate musician, she also sings in a rock band. Nisha earned a degree in Mathematics from Tulane University and holds the Series 7 and Series 66 licenses, as well as insurance and long-term care insurance licenses.
Portfolio Manager
First Vice President - Wealth Management
Financial Advisor
Nisha Chisena is a Financial Advisor and Portfolio Manager with The Wood Group at Morgan Stanley and serves as the team’s Chief Investment Officer. She brings more than 25 years of investment management experience and has been with Morgan Stanley since 2016. In her CIO role, Nisha leads the team’s investment strategy and portfolio construction process, with a focus on asset allocation, risk management, and disciplined implementation aligned to each client’s objectives.
Nisha is also instrumental in strengthening the team’s quantitative and analytical resources to support consistent decision-making across market environments. She has particular experience evaluating alternative investments and, where appropriate and suitable, helps clients consider strategies beyond traditional asset classes as part of a diversified plan.
Prior to joining The Wood Group in September 2022, Nisha spent 19 years at Merrill Lynch. Earlier in her career, she worked in the International Division, managing investment portfolios and foreign currency trading for clients in Western Europe and West Africa. She later transitioned to advising U.S.-based clients, including women, members of the LGBTQ+ community, and executives in the fashion industry.
Nisha is an active member of Women in Wealth of Stamford, a network of Morgan Stanley female Financial Advisors dedicated to sharing education and resources designed to help women navigate their financial lives with greater confidence.
Nisha lives in Westport, CT with her husband and two children. She is fluent in English and French and enjoys travel, music, and skiing. A passionate musician, she also sings in a rock band. Nisha earned a degree in Mathematics from Tulane University and holds the Series 7 and Series 66 licenses, as well as insurance and long-term care insurance licenses.
Securities Agent: NH, NY, MA, DE, CA, WY, PA, CT, TN, ME, MD, IL, TX, SC, OR, NM, WA, MT, MO, MI, AL, MN, GA, DC, OH, NJ, CO, RI, FL, NC, VT, VA; General Securities Representative; Investment Advisor Representative
NMLS#: 533384
NMLS#: 533384
About Richard Stone
Richard M. Stone
Senior Vice President – Wealth Management
Financial Advisor – Senior Portfolio Management Director
Rick is a Financial Advisor, a Senior Portfolio Management Director as well as a Senior Vice President at Morgan Stanley. He is responsible for the portfolio construction and management of High Net Worth accounts for individuals, trusts, foundations and partnerships. He reviews portfolio holdings and portfolio measurements and makes adjustments to asset allocations while being especially sensitive to the tax exposure of this unique client base.
Prior to joining Morgan Stanley at the end of 2015 and associating with The Wood Group, Rick spent thirteen years in the Private Wealth Management group of UBS. He also spent five years with the Wealthy Family segment of the Chase Private Bank as a Financial Advisor and consultant to high net worth family members, their advisors, attorneys and accountants. Many of his clients, American citizens, have homes and financial interests, all over the world, requiring individual attention to their unique financial needs.
Rick holds a B.A. in English from Adelphi University and a MS in Business finance from Columbia University’s Graduate School of Business. He is Series 7 and 66 FINRA licensed.
Rick and his wife, Christie, have two children. They live in Palm Beach, Fl and spend part of their time in Darien, CT. Rick enjoys the theater, golf, traveling and Major League baseball.
Senior Vice President – Wealth Management
Financial Advisor – Senior Portfolio Management Director
Rick is a Financial Advisor, a Senior Portfolio Management Director as well as a Senior Vice President at Morgan Stanley. He is responsible for the portfolio construction and management of High Net Worth accounts for individuals, trusts, foundations and partnerships. He reviews portfolio holdings and portfolio measurements and makes adjustments to asset allocations while being especially sensitive to the tax exposure of this unique client base.
Prior to joining Morgan Stanley at the end of 2015 and associating with The Wood Group, Rick spent thirteen years in the Private Wealth Management group of UBS. He also spent five years with the Wealthy Family segment of the Chase Private Bank as a Financial Advisor and consultant to high net worth family members, their advisors, attorneys and accountants. Many of his clients, American citizens, have homes and financial interests, all over the world, requiring individual attention to their unique financial needs.
Rick holds a B.A. in English from Adelphi University and a MS in Business finance from Columbia University’s Graduate School of Business. He is Series 7 and 66 FINRA licensed.
Rick and his wife, Christie, have two children. They live in Palm Beach, Fl and spend part of their time in Darien, CT. Rick enjoys the theater, golf, traveling and Major League baseball.
Securities Agent: ME, GA, NC, MA, IL, CO, AL, VT, NY, MN, FL, CA, WA, TN, PA, OR, OH, NJ, MI, CT, SC, MO, DE, DC, VA, MT, RI, WY, NH, TX, NM, MD; General Securities Representative; Investment Advisor Representative
NMLS#: 1523459
NMLS#: 1523459
About Tack Simmons
Huntington “Tack” Simmons joined the Wood Group at Morgan Stanley Wealth Management in March 2025 as a Senior Portfolio Manager and Financial Advisor. After dedicating the last twelve years to building his own practice, Tack brings a rare level of experience and expertise to the team.
Prior to his transition into advisory, Tack spent twenty years in institutional sales and trading. His extensive knowledge of both equity and fixed-income products, coupled with his seasoned perspective on the financial marketplace, has consistently enabled him to deliver value to his clients.
As a member of the Wood Group’s investment team, Tack will collaborate with clients to create dynamic and personalized portfolios tailored to their specific needs. Additionally, he will continue to provide comprehensive estate and financial planning services, corporate and individual retirement solutions, customized lending products, and life, long-term care, and disability insurance coverage.
Tack holds a degree in East Asian Studies from Harvard College, graduating in 1989. Following his academic pursuits, he embarked on a career in finance at Lehman Brothers, where he built his knowledge of fixed-income securities, including mortgage and asset-backed securities, corporate bonds, and US treasuries.
In 1996, seeking a change of pace and a renewed focus on credit-related products, Tack transitioned from fixed-income to equity trading at Salomon Brothers. This move proved to be a defining moment in his career, as he discovered his true calling in this dynamic arena.
After several years of success as a senior trader at Bear Stearns and UBS/Paine Webber, Tack joined CRT Capital in 2005, where he played a pivotal role in establishing and overseeing the equity trading desk. His contributions were instrumental in the department’s growth and success until his appointment at Morgan Stanley in 2012.
In his personal life, Tack resides in Wilton, Connecticut, where he is the devoted father of three children. Outside of his professional responsibilities, he has been an active member of the Wilton community, having coached football and lacrosse and served as a leader in the Cub Scouts. In his free time, when not cheering on his favorite Boston teams, Tack can be found enjoying tennis, paddle, cycling, or skiing. Additionally, he finds real fulfillment in hands-on projects, such as home renovation or working in his yard.
Prior to his transition into advisory, Tack spent twenty years in institutional sales and trading. His extensive knowledge of both equity and fixed-income products, coupled with his seasoned perspective on the financial marketplace, has consistently enabled him to deliver value to his clients.
As a member of the Wood Group’s investment team, Tack will collaborate with clients to create dynamic and personalized portfolios tailored to their specific needs. Additionally, he will continue to provide comprehensive estate and financial planning services, corporate and individual retirement solutions, customized lending products, and life, long-term care, and disability insurance coverage.
Tack holds a degree in East Asian Studies from Harvard College, graduating in 1989. Following his academic pursuits, he embarked on a career in finance at Lehman Brothers, where he built his knowledge of fixed-income securities, including mortgage and asset-backed securities, corporate bonds, and US treasuries.
In 1996, seeking a change of pace and a renewed focus on credit-related products, Tack transitioned from fixed-income to equity trading at Salomon Brothers. This move proved to be a defining moment in his career, as he discovered his true calling in this dynamic arena.
After several years of success as a senior trader at Bear Stearns and UBS/Paine Webber, Tack joined CRT Capital in 2005, where he played a pivotal role in establishing and overseeing the equity trading desk. His contributions were instrumental in the department’s growth and success until his appointment at Morgan Stanley in 2012.
In his personal life, Tack resides in Wilton, Connecticut, where he is the devoted father of three children. Outside of his professional responsibilities, he has been an active member of the Wilton community, having coached football and lacrosse and served as a leader in the Cub Scouts. In his free time, when not cheering on his favorite Boston teams, Tack can be found enjoying tennis, paddle, cycling, or skiing. Additionally, he finds real fulfillment in hands-on projects, such as home renovation or working in his yard.
Securities Agent: DE, CO, WY, NH, IL, WA, VA, MA, TX, TN, CA, NM, AL, OH, MI, FL, RI, NY, NC, DC, OR, MT, MO, MD, CT, VT, SC, PA, MN, NJ, ME, GA; General Securities Representative; Investment Advisor Representative
NMLS#: 1290563
NMLS#: 1290563
About Shauna Simpson
Shauna Simpson joined our team as a Service Associate in support of our client servicing efforts in May of 2019. Shauna assists us and our clients in all day-to-day operational and administrative capacities striving to deliver an exceptional level of service. In April of 2021 Shauna took on the role of Wealth Management Associate; in this role she further supports the Advisors at a higher level and serves as a supervisor and delegate to the other service associates in our Group. She holds Series 7 and 66 licenses.
Originally from the UK, Shauna earned her Bachelor’s degree in Physical Education, Sports Science and Psychology and went on to attain her Master’s degree in Applied Sport and Exercise Psychology. Shauna left the UK in her mid 20’s and moved to Portland, Oregon. Following that she spent the next 11 years working for Jantzen Swimwear and Adidas in product development and product management.
From 2006-2010 Shauna lived in Hong Kong with her husband and son and spent time travelling throughout Asia, then moved to New York City in late 2010. Since then Shauna earned her certification as an Integrative Nutrition Health Coach, became a certified spinning instructor and a certified USA Master’s swimming coach. She started her own business as a Health & Exercise Coach in 2014 and in 2016 moved to Connecticut.
When away from the office Shauna enjoys travelling, cooking, gardening, and hiking with her husband and Son and German Short-Haired Pointer.
Originally from the UK, Shauna earned her Bachelor’s degree in Physical Education, Sports Science and Psychology and went on to attain her Master’s degree in Applied Sport and Exercise Psychology. Shauna left the UK in her mid 20’s and moved to Portland, Oregon. Following that she spent the next 11 years working for Jantzen Swimwear and Adidas in product development and product management.
From 2006-2010 Shauna lived in Hong Kong with her husband and son and spent time travelling throughout Asia, then moved to New York City in late 2010. Since then Shauna earned her certification as an Integrative Nutrition Health Coach, became a certified spinning instructor and a certified USA Master’s swimming coach. She started her own business as a Health & Exercise Coach in 2014 and in 2016 moved to Connecticut.
When away from the office Shauna enjoys travelling, cooking, gardening, and hiking with her husband and Son and German Short-Haired Pointer.
About Estefanía Munguía
Estefanía Munguía joined The Wood Group in October of 2022 as a service associate and assists our operations team as well as our investment team in their day-to-day activities. She also supports our team with the financial planning process for our clients.
Estefanía attended Bernard Baruch College where she majored from the Zicklin School of Business with a Finance Bachelor of Business Administration.
She currently lives in Larchmont, NY and is fluent in Spanish and English. During her free time, she enjoys reading, going to museums, and spending time with her family.
*This role cannot solicit or provide investment advice
Estefanía attended Bernard Baruch College where she majored from the Zicklin School of Business with a Finance Bachelor of Business Administration.
She currently lives in Larchmont, NY and is fluent in Spanish and English. During her free time, she enjoys reading, going to museums, and spending time with her family.
*This role cannot solicit or provide investment advice
About Brenner Anderson
Brenner Anderson joined the Wood Group in November of 2025 as a Client Service Associate. Prior to joining the Wood Group, Brenner spent several years in the finance, reinsurance, and capital markets industries, structuring complex financial transactions and advising institutional clients across alternative risk markets.
Brenner began his career as a proprietary equity trader, developing short term and event-driven trading strategies, with a focus in IPO markets.
At the Wood Group, Brenner leverages his analytical background, market experience, and client-focused approach to support sophisticated financial planning and investment advisory services.
Brenner holds a Bachelor of Business Administration in Finance from the University of Miami. Brenner currently lives in Westport, CT and during his free time loves playing tennis, hiking, and spending time with his family.
Brenner began his career as a proprietary equity trader, developing short term and event-driven trading strategies, with a focus in IPO markets.
At the Wood Group, Brenner leverages his analytical background, market experience, and client-focused approach to support sophisticated financial planning and investment advisory services.
Brenner holds a Bachelor of Business Administration in Finance from the University of Miami. Brenner currently lives in Westport, CT and during his free time loves playing tennis, hiking, and spending time with his family.
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Awards and Recognition
Forbes Best-In-State Wealth Management Teams
2023-2026 Forbes Best-In-State Wealth Management Teams Source: Forbes.com (Awarded 2023-2026). Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award.
NAPA's Top DC Advisor Teams
2024-2025 NAPA's Top DC Advisor Teams Source: Source: napa-net.org (Awarded 2024-2025) Data compiled by NAPA based on self-reported assets under advisement as of Dec 31 of the year prior to year the award was given.
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Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
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Financial Planning for Life After Selling a Business
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Working closely with you to guide your wealth and investments through the most challenging market cycles.
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Rational Investing in an Age of Uncertainty
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Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
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Overcoming Your 5 Biggest Retirement Challenges
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Planning to Fund Long-Term Care Expenses
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Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
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Retirement for Plan Sponsors
End-to-End Services, Made Simple:
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We can provide the tools and guidance to help you manage a retirement plan.
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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 WOOD GROUP today.
Certified Financial Planner Board of Standards Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization’s initial and ongoing certification requirements to use the certification marks.
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
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.
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.
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.
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.
5Morgan 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.
6Morgan 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.
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.
8Investors 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.
9Morgan 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.
10When 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.
11Morgan 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.
12Morgan 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.
13Morgan 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.
14Morgan 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.
15Morgan 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.
16Morgan 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.
17When 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.
18When 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.
19When 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.
20Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
21Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
22Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
23Morgan 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.
24Morgan 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
25Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
26Alternative 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.
27Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact 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.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
1Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States. Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.
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.
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.
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.
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.
5Morgan 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.
6Morgan 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.
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.
8Investors 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.
9Morgan 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.
10When 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.
11Morgan 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.
12Morgan 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.
13Morgan 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.
14Morgan 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.
15Morgan 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.
16Morgan 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.
17When 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.
18When 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.
19When 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.
20Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
21Insurance products are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
22Annuities are offered in conjunction with Morgan Stanley Smith Barney LLC’s licensed insurance agency affiliates.
23Morgan 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.
24Morgan 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
25Structured Investments are complex and not appropriate for all investors. An investment in structured investments involves risks. These risks can include but are not limited to: fluctuations in the price, level or yield of underlying asset(s), interest rates, currency values and credit quality, substantial loss of principal, limits on participation in appreciation of underlying asset(s), limited liquidity, credit risk, and/or conflicts of interest. Many structured investments do not pay interest or guarantee a return above principal at maturity. Investors should read the security’s offering documentation prior to making an investment decision.
26Alternative 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.
27Investing in the market entails the risk of market volatility. The value of all types of investments may increase or decrease over varying time periods. The returns on a portfolio consisting primarily of sustainable or impact investments may be lower or higher than a portfolio that is more diversified or where decisions are based solely on investment considerations. Because sustainability and impact 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.
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 Center for Financial Planning, Inc. owns and licenses the certification marks CFP®, CERTIFIED FINANCIAL PLANNER®, and CFP® (with plaque design) in the United States to Certified Financial Planner Board of Standards, Inc., which authorizes individuals who successfully complete the organization's initial and ongoing certification requirements to use the certification marks.
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 | Morgan Stanley
CRC 4665150 (8/2025)
