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Products March 23, 2009
Morgan Stanley Gains Access to Ascensus Platform
Morgan Stanley Global Wealth Management Group said its Corporate Retirement Solutions Group broadened its retirement plan platform by teaming up with Ascensus.
Reported by
Rebecca Moore
According to a press release, Morgan Stanley financial advisers and clients now have access to Ascensus’ open architecture service platforms, including:
- SingleSource—a retirement plan solution with broad investment options, designed to give financial advisers a competitive edge through tools that help to facilitate plan sales, gather plan assets, simplify plan administration, and retain participants;
- LinkInsight—an offshoot of SingleSource that combines the service of a local third-party administrator with Ascensus’ recordkeeping ability;
- Quic(k)Start—an affordable, fully bundled small-plan offering, designed for companies with 15 or fewer employees.
“Clients have unique needs that are not served by a one-sized-fits-all approach, and this enhances our ability to offer personalized solutions,” said Bret Kobler, vice president at Corporate Retirement Solutions, Morgan Stanley GWMG, in the release.