Morgan Stanley Has New Advisory AccountMorgan Stanley's Global Wealth Management Group has a new non-discretionary advisory account, "Morgan Stanley Advisory." The company says it has been "created for clients who want to benefit from the advice of a financial advisor, but who wish to retain decision making authority over their investment selections."

Morgan Stanley Advisory aims to provide the group's 8,137 FAs with "a cutting-edge portfolio management platform to construct and maintain customized portfolios," according to a press release.

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Janet Levaux is the managing editor of Research; reach her at jlevaux@researchmag.com.

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