The Morse code message is: "Beware the serpent's shadow."
This message warns the Cahills about the danger posed by the Shadow, the organization trying to collect all the clues.
The decoded Morse code is:
* .-- --- .-. .-.. -.. . --- ..- .-.. -.. .-.. .-.. --- -..
If you're stuck on another puzzle in "The Serpent's Shadow" or any other 39 Clues book, feel free to ask!