Morgan Stanley recently announced the addition of a discretionary investment program to its DC plan advisory services offering. The new program enables Morgan Stanley’s Corporate Retirement Directors and Graystone Institutional Consulting Directors to assume certain fiduciary responsibilities, assisting plan sponsors with complex investment selection and asset allocation decisions.
Morgan Stanley can assume responsibility for the discretionary selection and monitoring of investment options within a plan’s investment lineup. In addition, plan sponsors may choose to utilize Morgan Stanley’s strategic risk-based models or target date model portfolios to provide plan participants with important asset allocation tools.
