Young and Associates – Morgan Stanley 2023

Young and Associates Morgan Stanley are one of the many financial experts in California. They make a lot of appealing claims about their knowledge and skills. But this company’s boss, Cheryl Young, is an arrogant and rude professional.

Also, the company has a lot of rules and terms that are meant to put owners in a position where they can’t do anything. In this review, I’ll talk about the shady parts of Young and Associates’ disclosures and the shady work background of the company’s leader.

About Young and Associates Morgan Stanley

Young and Associates Morgan Stanley is a financial consultancy firm located in Los Gatos, California. The address of their office is 16000 Los Gatos Blvd, Los Gatos, CA 95032, US, and the contact number is 408-358-0976. 

Cheryl Young runs this firm with her team of eight. She has CFP, ChFC, and CPM certifications and claims to be excellent at financial planning and portfolio management. 

Some of the services they offer here are stock options plans, sustainable investing, stock purchase plans, philanthropic services, estate planning strategies, planning for education funding, financial planning, fixed income, business planning, and more. 

At a glance, Cheryl’s firm seems like any ordinary financial advisory firm. However, the various shady provisions present in her disclosures and her professional history tell a whole nother story. 

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Entitled and Unprofessional Leadership

Before you trust this business with your financial security and safety, you should know about the suspicious professional history of Cheryl Young, the managing director of this firm. 

When you look up Cheryl Young on FI BrokerCheck, you find 3 client disputes listed on his profile. 

FINRA BrokerCheck is a database that tells you about the professional history, experience, qualifications, licenses, and disputes of your advisor. In Cheryl’s case, the first dispute took place on 2-23-2004. 

Here, the client alleged an unauthorized class B purchase and requested $5,000 in damages. However, no action was taken because the firm didn’t find anything wrong with the purchase. 

The second fight Cheryl had was in 2013, and just like the first, nothing happened. In this case, the client said that an August 2007 REIT buy was misrepresented and that the commissions weren’t made clear. The buyer asked for damages of $48 513.69.

The third disagreement on Cheryl’s FINRA BrokerCheck was filed on November 12, 2013. The Central Florida Better Business Bureau got a report from a customer. The buyer said that the broker lied to him, gave him bad advice, and traded too much. But the company didn’t do anything about this.

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Note that shady financial advisors make you agree to so many dangerous terms and conditions at the start of your relationship that you can’t sue them. When you become a client of Young and Associates Morgan Stanley, you have to sign a number of waivers.

Cheryl Young doesn’t respect small businesses, which shows how much she thinks she deserves.
Cheryl Young has had problems with many of her clients, but she has also had problems with other businesses. I found a description of a spa called Balance Holistic Health Spa:

The spa owner shares that Cheryl had booked an appointment with her and decided 45 minutes before the appointment that Young and Associates – Morgan Stanleyshe didn’t want to come. Cheryl didn’t want to go to the spa. Instead, she wanted the massage at her place.

The spa owner adds that she runs a brick-and-mortar business and is 35 minutes away. Hence, she wasn’t prepared to come to her. Keep in mind that Cheryl had this change of mind 45 minutes before the time of her appointment. 

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Cheryl told the spa owner that if she makes it to her place in time, she’ll be able to keep both of her appointments. But the spa owner was incapable of making these changes on such short notice. 

When the spa owner said she couldn’t do it and had a 24-hour cancellation policy, Cheryl replied in a sarcastic manner. She said that she didn’t want an attitude, she wanted a healing massage. 

There are some shady parts in Young and Associate’s The Terms and Conditions of Morgan Stanley
Brokers and dealers fight
Cheryl Young is both a financial manager and a broker-dealer. Studies show that being a broker-dealer hurts the quality of service provided by a trustee.

Because fees bring in a lot of money for broker-dealers. They earn this commission by “selling” the investment products of their company or one of its affiliates.

Your financial advisor should only suggest options based on how well they fit your needs. But at Young and Associates Morgan Stanley, the advisors suggest the trades that help them make the most money.

Getting paid based on how well you do
Another problem with this company is that it charges fees based on performance, which is a very bad idea in the finance business. Morgan Stanley Young and Associates performance-based fees give the company an incentive to use high-risk strategies, even if they aren’t right for the client.

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It’s very rare for a client to be a good fit for a high-risk plan. As their names suggest, these methods have a high chance of failing, which can cause you to lose a lot of money.

Also, because you signed waivers before choosing them, you can’t do anything against your financial advisor if they use such risky strategies. If these tactics work, your financial advisor can charge you big fees that are based on how well they work.

If you want to focus on long-term protection, you should be very careful.

Untrustworthy financial advisors often charge fees based on how well their clients do. James P. Marten, who works for Merrill Lynch, also uses this method to get money from his clients.


Young and Company Morgan Stanley is a bad place to get help with money. The leader of this company doesn’t value other professionals, and he or she has had many problems with clients in the past.

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