Important Disclosures

Please read the additional agreement(s) and terms and conditions for your account.

Morgan Stanley and its affiliates do not provide tax advice, and you always should consult your own tax advisor regarding your personal circumstances before taking any action that may have tax consequences.

Securities products offered by E*TRADE Securities LLC (ETS), Member SIPC or Morgan Stanley Smith Barney LLC (MSSB), Member SIPC. Investment advisory services offered by E*TRADE Capital Management, LLC (ETCM) or MSSB. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA. Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc. Banking products and services are provided by Morgan Stanley Private Bank, National Association, Member FDIC. All entities are separate but affiliated subsidiaries of Morgan Stanley.

Throughout 2023, ETS and ETCM will be transitioning existing clients to MSSB. You will be given advanced notice of your transition date along with detailed information regarding the transition. Learn more about this transition.

To identify which broker-dealer is currently servicing your account(s), go to the accounts broker-dealer page or check the bottom of your most recent account statement.

ETS clients may find more information on the Disclosure Library page. MSSB clients may find more information on Morgan Stanley Wealth Disclosures page.