Patricia Glass, MBA, CDFA, Financial Advisor at Morgan Stanley

01/01/2024

Timing the market can be a costly strategy. While it might seem tempting to predict market moves, history shows it's a risky endeavor. Instead, focus on the power of staying invested. The foundation of successful investing requires a long term perspective.
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12/28/2023

Forbes has just published its 2023 ranking of America's Top Wealth Management Teams and I am pleased to share that The SVS Wealth Management Team has been named to the list for the second consecutive year, once again securing a spot among the top 100 teams in the country. This achievement would not have been possible without the dedication of my incredible fellow partners who are all focused on our clients' financial well-being. Most importantly, I want to give a heartfelt thank you to our clients for their continuous loyalty, support, and referrals. We are committed to continuing to work diligently to provide the highest level of service and support to help you achieve your financial goals.

Disclosure:
2022-2023 Forbes America’s Top Wealth Management Teams
Source: Forbes.com (Awarded 2022-2023) Data compiled by SHOOK Research LLC based on 12-month time period concluding in March of year prior to the issuance of the award. https://mgstn.ly/3v8q8Rt

12/26/2023

Looking for a flexible way to donate to your favorite charitable causes? Open your own Donor Advised Fund at Morgan Stanley, which may help you make a philanthropic impact while potentially managing the tax impact of capital gains, through obtaining a charitable tax deduction. Reach out to learn more.

Make a difference and receive tax benefits by supporting charities and causes that are important to you with Morgan Stanley GIFT, a Donor-Advised Fund.

12/21/2023

A few months ago, I found myself standing astride the European and Asian tectonic plates in the mesmerizing landscapes of Iceland. The experience left me with insights that go beyond these geographical wonders. From the tranquil Blue Lagoon to the culinary delights of Ox and Matur Og Drykkur in Reykjavik, each moment was a blend of awe and appreciation for the unique offerings of this beautiful country.

As I reminisce about this unforgettable trip, I also want to share some valuable tips on managing your finances while exploring the world. Morgan Stanley put together a resourceful article on making smart money moves while traveling. It covers practical advice, like understanding exchange fees and rates, the benefits of using a Morgan Stanley debit card attached to a CashPlus account for fee free ATM transactions, as well as the advantages of using a credit card with no foreign transaction fees.

Though not new, the advice remains timeless and essential for any globetrotter. Check out the article for insights that seamlessly blend the beauty of travel with practical financial wisdom.

https://mgstn.ly/3Rz4Jsh

11/17/2023

Saving for retirement? Let’s talk about strategies to help reduce your taxable income and keep more of what you’ve saved.

Smart tax planning can help you save more for retirement and keep more of what you’ve already saved. Consider these tax-efficient retirement planning strategies.

11/06/2023

You’ve worked hard to build wealth. Now it’s time to protect your legacy. This 7-step estate planning checklist can help you to plan how to pass assets to beneficiaries.

Creating an estate plan can help protect your wealth and prevent hardship for your heirs.

10/16/2023

Explore the pay, benefits and bonus structures that single family offices are using to attract and retain talent in Morgan Stanley’s latest benchmarking report. https://mgstn.ly/45y3bDN

10/12/2023

Today we celebrate a crucial aspect of financial well-being - saving for the Future. National Savings Day serves as a reminder to evaluate our financial strategies. Whether you're saving for retirement, an emergency fund, or your child's education, having a plan in place is key.

Here are a few tips to get you started:
1. Set clear financial goals.
2. Create a budget that aligns with your goals.
3. Automate your savings to make it effortless.
4. Diversify your investments for long-term growth.
5. Regularly review and adjust your plan as needed.

Remember, small steps today can lead to significant financial security tomorrow. If you need guidance or have questions about your financial strategy, I'm here to help.

09/25/2023

Navigating the complexities of divorce can be an emotional and stressful journey. But you don't have to face it alone.

Divorce often involves significant financial decisions, and making the right choices is crucial. I have linked an article containing 6 of the most common mistakes that people make during this process.

Remember, you're not alone in this journey. As a Certified Divorce Financial Analyst (CDFA). I'm here to guide you through the financial aspects and help you regain control over your future. Don't hesitate to reach out; together we can navigate this challenging process.

Navigating the division of assets in a divorce can be a long and difficult process. Learn how to avoid mistakes and plan for your future.

09/21/2023

Learn how you can use tax-efficient strategies to gift to family members and help preserve your family's wealth for the long term. Click play for video insights from Morgan Stanley and learn more here: https://mgstn.ly/3ELFehl

09/08/2023

Even with quality coverage, a major loss or liability can be unsettling. With the cost and frequency of weather-driven disasters on the rise, learn how to identify gaps that may expose you to unwanted financial risk.

Hidden risks abound. For affluent families, this can mean unwanted financial exposure. A simple risk assessment can go a long way to closing these gaps.

09/07/2023

Talking about family finances can help you reach your financial goals, build trust, and avoid conflict. Let’s discuss how these tips can help you get started.

Money is one of the trickiest topics to discuss. But avoiding the conversation can lead to problems. Learn how to start the dialogue with your family.