Wilson Yale, CIMA®
Senior Vice President, Wealth Advisor, Certified Investment Management Analyst
Phone:
(610) 398-6504(610) 398-6504
The Yale Group at Morgan Stanley
Direct:
(610) 398-6504(610) 398-6504
Toll-Free:
(888) 750-6227(888) 750-6227
Our Mission Statement
We help you navigate your finances so you can live the life you want.
About Us
The Yale Group at Morgan Stanley is a wealth management practice focused on helping their clients preserve and grow their wealth, live meaningful lives, and plan for the future. Four attributes we think are the most important:
• Our focus on comprehensive planning
• The knowledge and investment experience of our team
• Our standard of personalized, concierge-level client service
• The vast resources and capabilities of Morgan Stanley.
We take a consultative approach with our clients by first getting to know who they are and what their goals are. Once this has been established, we tailor solutions for our clients by working with their tax & legal advisors and advising on a full suite of investment products such as: fixed income, equities, alternatives, annuities, insurance and cash equivalents.
In addition to investment advice, we provide access to Morgan Stanley’s lending & cash management solutions. Beyond the specific investment advice we give, we provide another set of objective ears for our clients when they are making major life decisions that involve changes in their financial picture. In these instances, we help our clients think of the relevant questions they should ask themselves, provide guidance, and execute on any financial decisions we make collaboratively. We help you navigate your finances, so you can live the life you want.
• Our focus on comprehensive planning
• The knowledge and investment experience of our team
• Our standard of personalized, concierge-level client service
• The vast resources and capabilities of Morgan Stanley.
We take a consultative approach with our clients by first getting to know who they are and what their goals are. Once this has been established, we tailor solutions for our clients by working with their tax & legal advisors and advising on a full suite of investment products such as: fixed income, equities, alternatives, annuities, insurance and cash equivalents.
In addition to investment advice, we provide access to Morgan Stanley’s lending & cash management solutions. Beyond the specific investment advice we give, we provide another set of objective ears for our clients when they are making major life decisions that involve changes in their financial picture. In these instances, we help our clients think of the relevant questions they should ask themselves, provide guidance, and execute on any financial decisions we make collaboratively. We help you navigate your finances, so you can live the life you want.
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
Approach
Discovery Process
Investing the time to learn about you and your family; your assets and liabilities and the risk exposures, enables us to formulate strategies and customize the relationship to your needs.
Formulation of Tax, Trust and Estate Strategy
Working with your tax and legal advisors, we help analyze your income and estate tax circumstances to identify and tailor planning techniques that may be used to address your objectives.
Creation of Customized Strategic Asset Allocation
Your customized asset allocation reflects risk, opportunities and taxation across multiple entities, while integrating your investing and estate plans.
Integration of Tactical Asset Allocation
Short-term adjustments seek to capitalize on temporary market distortions. Before making adjustments, we analyze the impact of taxes and trading costs on potential returns.
Implementation of a Customized Wealth Strategy
After comprehensive due diligence and analysis of expected results across multiple market scenarios, strategies are chosen from our expansive investment platform.
Ongoing Assessment
In coordination with your other advisors, we can conduct ongoing reviews and comprehensive reporting to ensure that your strategy adapts to changing financial and family needs.
CERTIFICATIONS AND DESIGNATIONS
We help our clients build plans for transitioning into retirement, selling a business, financing a business expansion, gifting & inheriting assets, and leaving a charitable legacy. In general, we help our clients manage their financial lives to help them potentially reach their goals.
Our team has 50 years of combined experience and several advanced designations.
Wilson Yale, Financial Advisor CIMA® - 40 years experience
Christopher Yale, Financial Advisor CPWA® - 13 years experience
Our team has 50 years of combined experience and several advanced designations.
Wilson Yale, Financial Advisor CIMA® - 40 years experience
Christopher Yale, Financial Advisor CPWA® - 13 years experience
What is the Certified Private Wealth Advisor® (CPWA®) designation?
High-net-worth individuals have unique needs that can’t be properly addressed by an advisor with a basic financial planning background. The Certified Private Wealth Advisor® (CPWA®) certification program is an advanced credential created specifically for wealth managers working with high-net-worth clients.
· A holistic, multidisciplinary approach to the interconnected challenges and opportunities that significant wealth brings.
· Deep dives into critical areas of wealth planning and preservation, including sophisticated tax management and wealth transfer tools, as well as legacy planning and family dynamics.
With the CPWA® designation, advisors and wealth managers deliver the advanced knowledge, tools and skills needed to meet - and exceed - the complex needs of U/HNW families.
· A holistic, multidisciplinary approach to the interconnected challenges and opportunities that significant wealth brings.
· Deep dives into critical areas of wealth planning and preservation, including sophisticated tax management and wealth transfer tools, as well as legacy planning and family dynamics.
With the CPWA® designation, advisors and wealth managers deliver the advanced knowledge, tools and skills needed to meet - and exceed - the complex needs of U/HNW families.
What is the Certified Investment Management Analyst® (CIMA®) designation?
CIMA® certification teaches professionals how to integrate a complex body of investment knowledge, ethically contributing to prudent investment decisions by providing objective advice and guidance to individual and institutional investors. While this credential doesn’t offer analysts any legally binding benefits, it is essentially a mark of achievement and skill. It is offered only to financial analysts who:
· Have at least three years of experience.
· Have no record of ethical misconduct.
· Take the qualifying course at Yale, the University of Pennsylvania or the University of Chicago.
· Take and pass the examinations offered by the Investments and Wealth Institute.
· Maintain their certification through at least 40 hours of continuing education per two-year period.
· Have at least three years of experience.
· Have no record of ethical misconduct.
· Take the qualifying course at Yale, the University of Pennsylvania or the University of Chicago.
· Take and pass the examinations offered by the Investments and Wealth Institute.
· Maintain their certification through at least 40 hours of continuing education per two-year period.
Who We Work With
-Institutions & Nonprofits
-High Net Worth Families
-Corporate Executives
-Entrepreneurs
-Doctors and Professionals
-High Net Worth Families
-Corporate Executives
-Entrepreneurs
-Doctors and Professionals
The Yale Group works hard to help simplify complex financial situations and ideas to help their clients better understand what is being done to their plan to assist in potentially reaching their short term and long term goals. Wilson and Chris always put their clients’ needs before their own and they understand that everyone is going to have a different story. Both The Yale Group and Morgan Stanley believe it is important to look at as many resources as possible so we can make educated decisions and stay informed about the latest market trends, outlooks, and breakdowns. Below, you will find detailed analysis of different timely and interesting topics affecting the financial world.
GIC Weekly
The Global Investment Committee's Lisa Shalett headlines this weekly look at markets, asset class performance and fixed income.
GIC Weekly
GIC on the Markets
This is a monthly publication that summarizes the Global Investment Committee’s market outlook. This content has thought provoking pieces that take a look at the forces shaping the investment landscape. Check out the latest edition of the GIC on the Markets below.
Global Investment Committee on the MarketsWealth Management Toolkit
Morgan Stanley's suite of modern wealth tools allows advisors to offer customized advice. These tools' ease of use allows for a more in-depth view of a client's financial life to be taken, resulting in better service and more well-rounded advice.
Morgan Stanley Online and MS Mobile
Morgan Stanley Online (MSO) has a variety of features beyond viewing your account balance and activity that you should take advantage of.
FEATURES
eAuthorizations: an enhanced way to authorize transactions with one click on Morgan Stanley Online and the Morgan Stanley Mobile App
eDelivery: reduces paper documents sent by mail and can protect your personal information from getting into the hands of identity thieves.
Managing your everyday finances such as paying bills online, sending money or transferring funds.
Login To MSO HereFEATURES
eAuthorizations: an enhanced way to authorize transactions with one click on Morgan Stanley Online and the Morgan Stanley Mobile App
eDelivery: reduces paper documents sent by mail and can protect your personal information from getting into the hands of identity thieves.
Managing your everyday finances such as paying bills online, sending money or transferring funds.
Location
515 West Hamilton St
7th Fl
Allentown, PA 18101
US
Direct:
(610) 398-6504(610) 398-6504
Toll-Free:
(888) 750-6227(888) 750-6227
Meet The Yale Group
Christopher Yale, CPWA ®
Vice President, Financial Advisor, Certified Private Wealth Advisor®
Phone:
(610) 398-5407(610) 398-5407
Donna Yale
Wealth Management Associate
Phone:
(610) 398-6502(610) 398-6502
Monserrate Cohen
Business Development Associate
Phone:
(610) 398-6508(610) 398-6508
Lori Heintzelman
Client Relationship Analyst
Phone:
(610) 391-6361(610) 391-6361
About Wilson Yale
As a Morgan Stanley financial advisor for over 30 years, Wilson has led a wide range of clients through both bull and bear markets. During this time, Wilson has helped our clients achieve their unique financial goals by listening and solving complex problems.
Wilson’s investment philosophy is capital preservation with growth. A disciplined, risk-managed approach drives his work.
He continues to expand his knowledge. In addition to required licenses, he holds the following designations: Certified Investment Management Analyst® (CIMA® earned at Wharton) and Accredited Investment Fiduciary® (AIF®).
Before joining Morgan Stanley, Wilson worked at Bell Telephone Laboratories where he performed research in economic & financial modeling and published several papers in the Bell Systems Technical Journal. Prior to this, Wilson earned a PhD in industrial engineering from Lehigh University.
In his free time, Wilson enjoys mentoring students as a co-instructor for the M.S. in Analytical Finance Project Course at Lehigh University. Most importantly, he appreciates time spent with his family, skiing and SCUBA diving.
Wilson’s investment philosophy is capital preservation with growth. A disciplined, risk-managed approach drives his work.
He continues to expand his knowledge. In addition to required licenses, he holds the following designations: Certified Investment Management Analyst® (CIMA® earned at Wharton) and Accredited Investment Fiduciary® (AIF®).
Before joining Morgan Stanley, Wilson worked at Bell Telephone Laboratories where he performed research in economic & financial modeling and published several papers in the Bell Systems Technical Journal. Prior to this, Wilson earned a PhD in industrial engineering from Lehigh University.
In his free time, Wilson enjoys mentoring students as a co-instructor for the M.S. in Analytical Finance Project Course at Lehigh University. Most importantly, he appreciates time spent with his family, skiing and SCUBA diving.
Securities Agent: FL, CA, WI, SC, NH, GA, AZ, OH, NV, NC, CO, VA, NY, MD, MA, TX, AR, WY, CT, PA, NJ, MT, IN; General Securities Representative; Investment Advisor Representative; Transactional Futures/Commodities; Managed Futures
NMLS#: 1326763
AR Insurance License #: 1020182
NMLS#: 1326763
AR Insurance License #: 1020182
About Christopher Yale, CPWA ®
With more than a decade of financial services experience, Chris helps our clients implement customized wealth management strategies. He listens to each client’s goals, concerns and values then executes a client-tailored plan.
Chris builds long-term client relationships based on trust by explaining complex concepts simply. He considers himself a thought partner for our clients, helping them navigate complexity and achieve their unique financial goals.
In 2015 Chris earned the Certified Private Wealth Advisor® (CPWA®) designation from the University of Chicago by meeting a rigorous set of ethical standards, having a minimum of 5 years of financial advisory experience and by mastering holistic wealth management strategies specifically for high net worth clients.
Before joining Morgan Stanley, Chris worked as a technology consultant for a Mexico City based industrial supplies company. He attended Cornell and Lehigh Universities, earning a B.A. in Mathematics from Lehigh. During his studies, he managed a face perception lab and conducted independent research in the philosophy of psychology.
In his free time Chris enjoys reading, traveling, skiing and weight lifting.
Chris builds long-term client relationships based on trust by explaining complex concepts simply. He considers himself a thought partner for our clients, helping them navigate complexity and achieve their unique financial goals.
In 2015 Chris earned the Certified Private Wealth Advisor® (CPWA®) designation from the University of Chicago by meeting a rigorous set of ethical standards, having a minimum of 5 years of financial advisory experience and by mastering holistic wealth management strategies specifically for high net worth clients.
Before joining Morgan Stanley, Chris worked as a technology consultant for a Mexico City based industrial supplies company. He attended Cornell and Lehigh Universities, earning a B.A. in Mathematics from Lehigh. During his studies, he managed a face perception lab and conducted independent research in the philosophy of psychology.
In his free time Chris enjoys reading, traveling, skiing and weight lifting.
Securities Agent: WI, VA, CA, AZ, SC, NY, MD, GA, OH, CT, NJ, FL, MA, IN, IL, CO, AR, WY, TX, PA, NV, MT, NH, NC; General Securities Representative; Investment Advisor Representative
NMLS#: 1369357
NMLS#: 1369357
About Donna Yale
Donna has served clients at Morgan Stanley for more than 40 years. In 2013, she transitioned from her role as a Financial Advisor to a support role.
While practicing as an FA, she helped build the Yale Group at Morgan Stanley into a reliable source of goal-based advice.
Before Morgan Stanley, she earned a B.S. in education from Mansfield State University and an MBA with a major in finance from Lehigh University.
She and her husband, Wilson, have been married over 40 years. They have three sons and a granddaughter.
While practicing as an FA, she helped build the Yale Group at Morgan Stanley into a reliable source of goal-based advice.
Before Morgan Stanley, she earned a B.S. in education from Mansfield State University and an MBA with a major in finance from Lehigh University.
She and her husband, Wilson, have been married over 40 years. They have three sons and a granddaughter.
About Monserrate Cohen
Monserrate Cohen is an accomplished financial professional and business leader with a dynamic career spanning finance, entrepreneurship, and banking. She began her professional journey in property and casualty insurance, where she developed her passion for financial services. She later transitioned to entrepreneurship, successfully owning and operating a daycare for 12 years while honing her leadership and business management skills.
Monserrate pursued studies in Business Administration, completing coursework in marketing, accounting, and economics. After gaining extensive experience in the financial industry, she earned her licenses and registrations, advancing her career into banking and client service. Today, Monserrate serves as Business Development Associate at Morgan Stanley, where she leads the POD for Allentown and collaborates with various financial advisors to drive client success.
In her spare time, Monserrate is actively involved in her church, where she volunteers to give back to her community. With a strong background in client management, business development, and financial operations, Monserrate is dedicated to delivering exceptional service and fostering long-term relationships. Her professional journey reflects her resilience, commitment to growth, and passion for excellence.
Monse can be reached at 610-398-6508 or at Monserrate.Cohen@morganstanley.com.
Monserrate pursued studies in Business Administration, completing coursework in marketing, accounting, and economics. After gaining extensive experience in the financial industry, she earned her licenses and registrations, advancing her career into banking and client service. Today, Monserrate serves as Business Development Associate at Morgan Stanley, where she leads the POD for Allentown and collaborates with various financial advisors to drive client success.
In her spare time, Monserrate is actively involved in her church, where she volunteers to give back to her community. With a strong background in client management, business development, and financial operations, Monserrate is dedicated to delivering exceptional service and fostering long-term relationships. Her professional journey reflects her resilience, commitment to growth, and passion for excellence.
Monse can be reached at 610-398-6508 or at Monserrate.Cohen@morganstanley.com.
About Lori Heintzelman
Lori is a Client Service Associate supporting The Yale Group at Morgan Stanley. She works with Chris, Wilson and Donna to help create a positive client experience. Lori began work with a Morgan Stanley legacy firm in 1984. She is responsible for administrative client services which frees up the other team members to focus on your financial planning and wealth management needs.
When not helping clients, she enjoys spending time with her family, especially her 4 grandsons, and is working on raising her bowling average. She also enjoys the outdoors.
Lori can be reached at 610-391-6361 or at lori.l.heintzelman@morganstanley.com.
When not helping clients, she enjoys spending time with her family, especially her 4 grandsons, and is working on raising her bowling average. She also enjoys the outdoors.
Lori can be reached at 610-391-6361 or at lori.l.heintzelman@morganstanley.com.
Contact Wilson Yale
*Required Fields
Contact Christopher Yale, CPWA ®
*Required Fields
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Scott McCoy, CFP®
Managing Director, Wealth Management, Financial Advisor, Senior Portfolio Management Director, Corporate Cash Investment Director, International Client Advisor
Morgan Stanley Wealth Management Financial Advisors can conduct their business in several ways: individually, as a member of a team of Financial Advisors, or through the formation of a Strategic Partnership with another Financial Advisor or team of Financial Advisors. A Strategic Partnership is an arrangement between a Financial Advisor or a team of Financial Advisors with another Financial Advisor or team of Financial Advisors that has a unique focus or knowledge regarding a specific business concentration, product area, and/or client type. If your account is with an individual Financial Advisor, that Financial Advisor services all facets of your account. If your account is with a Financial Advisor who is a member of a team, any Financial Advisor on the team can service your account. If your Financial Advisor is part of a Strategic Partnership, his or her role in that Strategic Partnership may be limited to a specific business and/or product area and may not cover all facets of your account. The use of the terms “Partner” or “Strategic Partner” and/or “Partnership” or “Strategic Partnership” are used as terms of art and not used to imply or connote any legal relationship.
Wealth Management
Global Investment Office
Portfolio Insights
Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Iran Conflict: Seven Takeaways for Investors
Article Image
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
Ready to start a conversation? Contact The Yale Group today.
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.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley 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.
5Morgan 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.
6Morgan 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.
7Morgan 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
8Investing 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
For more information, please see the Morgan Stanley Smith Barney LLC Client Relationship Summary.
2Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
3When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
4Morgan Stanley 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.
5Morgan 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.
6Morgan 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.
7Morgan 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
8Investing 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), 4763067 (9/2025)
