Morgan Stanley Wins Two 2024 Money Management Institute (MMI)/Barron’s Industry Awards
October 28 2024 - 10:00AM
Business Wire
Morgan Stanley (NYSE: MS) announced today that it has won two
Industry Awards from the Money Management Institute (MMI) and
Barron’s. The awards include a Wealth Manager Platform of The Year
Award for The Morgan Stanley Wealth Management (MSWM) Select UMA
Platform and a Distribution Excellence award for Morgan Stanley’s
Field Engagement Initiative.
“These awards demonstrate our dedication to continuously
enhancing the experience for clients and Financial Advisors, and
leveraging technology to deliver innovative solutions at scale,”
said Jed Finn, Head of Morgan Stanley Wealth Management. “With
Financial Advisors at the center of our Wealth Management universe,
we aim to ensure they have best-in-class asset allocation tools at
their disposal, and leading firmwide resources at their fingertips,
to meet the increasingly complex needs of Morgan Stanley
clients.”
The Wealth Manager Platform of the Year category honors wealth
manager platforms that exemplify innovation in delivering better
outcomes for investors and financial advisors. The award was given
for the Morgan Stanley Wealth Management (MSWM) Select UMA Platform
which is a unified managed account program designed to simplify the
investment process and provide comprehensive asset management. The
platform offers tailored asset allocation advice aligned with
client goals and risk tolerance and aims to put the collective
experience of Morgan Stanley Wealth Management’s clients, financial
advisors, and asset managers first when constructing and
maintaining suitable and customized investment portfolios.
The Distribution Excellence category honors firms that provide
exemplary and innovative advisor sales support both in the field
and from the home office. Morgan Stanley has received the award for
its Field Engagement Initiative which is focused on dramatically
improving the impact of their financial advisors’ practice by
providing them with resources to ensure they could deliver the full
power of the Firm to their client relationships.
Since its inception, the annual MMI/Barron’s Industry Awards
recognizes innovation and leadership in the investment advisory
solutions industry and celebrates outstanding achievement by
honoring firms that have raised the bar by delivering superior
solutions for Financial Advisors and investors.
For more information about Morgan Stanley’s MMI/Barron’s
Industry Award honors as well as a full list of this year’s
honorees, please visit www.MMInst.org.
About the MMI/Barron’s Industry Awards Program
The winners were selected by a specially appointed MMI Industry
Awards Steering Council. The Steering Council consists of
representatives from all segments of the MMI membership. After
carefully reviewing the nominations submitted, the Steering Council
determined a slate of finalists in each award category. The primary
contacts at each of MMI’s member firms were eligible to vote to
determine the winners. Nominations were reviewed and evaluated to
determine finalists June 2024 - July 2024. Finalists were voted on
to determine a winner August 2024.
MMI/Barron’s does not receive compensation from the
participating firms in exchange for the award and Morgan Stanley
did not pay a fee to MMI/Barron’s in exchange for its receipt of
the award. Morgan Stanley is a member of MMI and pays a fee to MMI
as part of its membership dues. Morgan Stanley’s receipt of this
award is not indicative of any future performance.
About the Money Management Institute (MMI)
Established in 1997, the Money Management Institute (MMI) is the
industry association representing financial services firms that
provide financial advice and investment advisory solutions to
investors. Through conferences, educational resources, and thought
leadership, MMI facilitates peer-to-peer connections, fosters
industry knowledge and professionalism, and supports the
development of the next generation of industry leadership. MMI
member firms are dedicated to helping individual and institutional
investors, at every level of assets, plan for and fulfill their
financial goals. For more information, visit
https://www.mminst.org/2024-industry-awards
About Barron’s
Barron’s is America’s premier financial publication, known for
its market-moving stories. Published by Dow Jones since 1921, it
reaches an influential audience of professional fund managers,
financial advisors, affluent individual investors,
financial-services professionals, and senior corporate executives.
With new content available every day online and every week in
print, Barron’s provides readers with an intelligible recap of
recent market action coupled with insights on what’s likely to
happen in the market in the days and weeks to come. In addition,
the Wealth & Asset Management Group’s annual series of
exclusive conferences for financial advisors and investors is
dedicated to identifying, enhancing, and expanding best practices
in wealth management. As a result of these initiatives, Barron’s is
the trusted financial-publishing brand that people active in the
market turn to for information, ideas, and insights they can use to
increase their professional success and enhance their personal,
financial well-being.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm
providing a wide range of investment banking, securities, wealth
management and investment management services. With offices in 42
countries, the Firm’s employees serve clients worldwide including
corporations, governments, institutions and individuals. For
further information about Morgan Stanley, please visit
www.morganstanley.com.
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