Morgan Stanley Expands Corporate Retirement Plan Advisory Services
Model Portfolio Services now available for Plan Sponsors
NEW YORK -- December 11, 2012
Morgan Stanley (NYSE: MS) today announced that it has expanded its corporate
retirement plan advisory services offering to enhance its asset allocation
advice services for plan sponsors through Model Portfolio Services. This new
capability enables Morgan Stanley’s Corporate Retirement Directors (CRDs) and
Graystone Institutional Consulting Directors to add proprietary risk-based
model portfolios to the asset allocation services provided to plan sponsors.
Edward O’Connor, Managing Director of Morgan Stanley Wealth Management’s
Retirement Services, said, “This continues the expansion of what we can
deliver to plan sponsor clients in an advisory capacity. Last year we added
provider search and benchmarking and today it is about providing much needed
asset allocation advice to plan sponsors with the ultimate goal of achieving
better participant outcomes.”
The Firm has developed eight model portfolios, ranging from conservative to
aggressive, that can also include alternative asset classes, such as REITS and
Commodities. CRDs and Institutional Consulting Directors can provide fund
selection guidance for each of the asset classes in the model using mutual
funds that are approved by the Plan Sponsor. Plan sponsors will have access to
in-depth quarterly reporting on the models and underlying funds.
“Morgan Stanley is committed to investing in the tools that can help our
clients achieve a successful retirement. This is just one of the many services
that Morgan Stanley is developing to maintain our position as one of the
leaders in Consulting and Advisory Services in the Defined Contribution
marketplace. With over $20 billion of assets on our advisory platform, it is
important that we continue to innovate and expand our services,” said Marc
Brookman, Head of Graystone Consulting and Institutional Consulting.
Morgan Stanley Wealth Management, a global leader, provides access to a wide
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 individuals from more than 1,200
offices in 43 countries. For further information about Morgan Stanley, please
Morgan Stanley Smith Barney LLC. Member SIPC.
CRC 586727 12/12
Christy Jockle, 914 225 6827
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