True Understanding Leads to
Better Financial Future
Elisabeth Andreason, CFP®, CWS®, CAP®, speaks in a soft voice with the clarity of a former English teacher and the precision of a mathematician.
Elisabeth is the principal of The Andreason Group at Morgan Stanley. A Certified Financial Planner™ practitioner, Certified Wealth Strategist, Chartered Advisor of Philanthropy, Portfolio Management Director and Wealth Advisor, Elisabeth clarifies complicated issues to help clients make informed decisions in order to reach their goals.
Elisabeth’s excellent support staff handles all administrative functions, freeing her to give clients her undivided attention during their regular two-hour meetings. “I realized my ability rested in focusing on the face-to-face meetings with clients, strategizing, helping solve problems people often didn’t even know existed, and asking the questions they didn’t know they were supposed to be asking.”
Questions about what? Everything! Most clients have some sort of retirement plan. But they may not be maximizing the advantages. Is it best to contribute to a traditional 401(k) or a Roth 401(k)? Are the allocations proper? If not, it could be costing them more than they think. How do they hold title on their assets? That can be more important than what they hold.
“I want to make sure people truly understand what they own before they make any changes,” says Elisabeth. She takes as long as necessary to educate clients about how their products work, what features they offer and the best time to take advantage of them.
Trust reviews are also a key planning area. While they’re often used for control in the event of incapacity, and to avoid estate taxes and probate, Elisabeth also shares trust strategies that incorporate philanthropy, to leave a larger legacy benefiting both the community and the family.
When a spouse passes away and clients invite a new companion into their lives, their trusts often go unchanged, and clients are surprised to learn what the trust instructs. To ensure their trust is appropriate as children age and families change, it is imperative to review and, if necessary, revise trusts.
While Elisabeth is not an attorney, she helps clients understand what a trust can do for them and their heirs. She often accompanies clients to their attorneys’ offices to collaborate in design meetings. She then reviews the drafts with her clients before final signing to be sure they understand and feel comfortable with their new documents.
“I believe I manage their investments well. I believe I am also providing solutions that go well beyond the scope of investment management,” Elisabeth says. This is full-service financial guidance.
1333 North California Boulevard, Suite 133 | Walnut Creek, CA 94596
(925) 930-3809 | fa.morganstanleyindividual.com/elisabeth.andreason
Elisabeth Andreason is a Wealth Advisor with the Wealth Management division of Morgan Stanley in Walnut Creek, CA. The views expressed herein are those of the author and may not necessarily reflect the views of Morgan Stanley Smith Barney LLC, Member SIPC. Morgan Stanley Financial Advisor(s) engage Forbes to feature this profile. Elisabeth Andreason may only transact business in states where she is registered or excluded or exempted from registration https://fa.morganstanleyindividual.com/elisabeth.andreason. Transacting business, follow-up and individualized responses involving either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made to persons in states where Elisabeth Andreason is not registered or excluded or exempt from registration. The strategies and/or investments referenced may not be suitable for all investors.
Tax laws are complex and subject to change. Morgan Stanley Smith Barney LLC, its affiliates, and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice and are not “fiduciaries” (under ERISA, the Internal Revenue Code or otherwise) with respect to the services or activities described herein except as otherwise agreed to in writing by Morgan Stanley. This material was not intended or written to be used for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a retirement plan or account and (b) regarding any potential tax, ERISA and related consequences of any investments made under such plan or account.