DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Sarah S Burns

Morgan StanleywirehouseBirmingham, Aldual registrantIAPD 2430245

Feed of 09/14/2026

Also filed as Sarah Sperando Burns

At current firm

0 y

since Aug 14, 2026

In the industry

31 y

since Aug 3, 1995 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S66, S65, S63

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

Morgan Stanley wirehouse current
since Aug 14, 2026 · Birmingham, Al
Merrill Lynch, Pierce, Fenner & Smith Incorporated wirehouse
Dec 7, 2023 to Jul 30, 2026 · Alabaster, Al
Secure Asset Management, L.L.C. independent RIA
Apr 25, 2022 to Nov 28, 2023 · Alabaster, Al
Park Avenue Securities LLC BD affiliated
Feb 28, 2014 to Apr 25, 2022 · Alabaster, Al
Msi Financial Services, Inc. former
Jul 27, 2004 to Feb 11, 2014 · Charlotte, Nc

Moves

a registration end followed by a registration begin elsewhere

Merrill Lynch, Pierce, Fenner & Smith Incorporated to Morgan Stanley
left Jul 30, 2026, registered Aug 14, 2026 (15 days) · Wirehouse to wirehouse
Secure Asset Management, L.L.C. to Merrill Lynch, Pierce, Fenner & Smith Incorporated
left Nov 28, 2023, registered Dec 7, 2023 (9 days) · RIA to wirehouse
Park Avenue Securities LLC to Secure Asset Management, L.L.C.
left Apr 25, 2022, registered Apr 25, 2022 (0 days) · Affiliated broker-dealer or bank to independent RIA
Msi Financial Services, Inc. to Park Avenue Securities LLC
left Feb 11, 2014, registered Feb 28, 2014 (17 days) · Other

Signals

Sarah S Burns left Merrill Lynch, Pierce, Fenner & Smith Incorporated for Morgan Stanley (registered 2026-08-14)
Jul 30, 2026 · Advisor changed firm · fact
Sarah S Burns left Secure Asset Management, L.L.C. for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2023-12-07)
Nov 28, 2023 · Advisor changed firm · fact
Sarah S Burns left Park Avenue Securities Llc for Secure Asset Management, L.L.C. (registered 2022-04-25)
Apr 25, 2022 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Wirehousederived
Years in industry: 31derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address