Karen McDonald Named to Barron’s “Top 1000 Financial Advisors”

Palo Alto, CA, April 10, 2012 – Morgan Stanley Smith Barney today that Karen McDonald, a Financial Advisor in the Firm’s Palo Alto office, has been named to Barron’s annual list of America’s Top 1000 Advisors: 2012 State-by-State.

The “Barron’s Top 1000 Advisors” is a select group of individuals who are screened on a number of criteria. Among the factors the survey takes into consideration are assets under management, revenue produced for the Firm and quality of service provided to clients.

“I am extremely proud that Karen is representing Morgan Stanley Smith Barney on this list,” commented Cira Nickerson, Complex Manager of Morgan Stanley Smith Barney’s Palo Alto Coastal Complex. “This listing recognizes an elite group of financial professionals who are dedicated to providing clients with exceptional wealth management services.”

Morgan Stanley Smith Barney, a global leader in wealth management, provides a range of products and services to individuals, businesses and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust services.

Morgan Stanley is a leading global financial services
firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm's employees serve
clients worldwide including corporations, governments, institutions and indivisuals from 1.200 offices in more than 43 countries.

For further information about Morgan Stanley, please visit www.morganstanley.com.