Morgan Stanley Launches New Non-Discretionary Advisory Account: “Morgan Stanley Advisory”

New York —

Morgan Stanley’s Global Wealth Management Group (GWMG) announced today that it has launched a new non-discretionary advisory account, “Morgan Stanley Advisory.”  This industry-leading account was 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.

Financial Advisors deliver a full suite of services, including investment advice, trade execution and reporting.  Clients may invest in equities, bonds, open- and closed-end mutual funds, exchange traded funds and cash.

Using the most advanced technology, Morgan Stanley Advisory was developed to provide Financial Advisors with a cutting-edge portfolio management platform to construct and maintain customized portfolios.

Morgan Stanley Advisory rounds out the Firm’s advisory offerings.  It allows clients to leverage the extensive resources and global reach of Morgan Stanley, as well as the knowledge of the Firm’s highly trained Financial Advisors.

Other advisory accounts offer discretionary investment management with decisions made by either third-party money managers or specially trained Morgan Stanley Financial Advisors, based on clients’ stated investment objectives.

One of the largest businesses of its kind in the world with $728 billion in client assets, GWMG provides a range of wealth management products and services to individuals, businesses and institutions.  These include brokerage and investment advisory services, financial and wealth planning, credit and lending, banking and cash management, annuities and insurance, retirement and trust.

Morgan Stanley (NYSE: MS) 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 600 offices in 32 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

Investments and services are offered through Morgan Stanley & Co. Incorporated, member SIPC.  ©2007 Morgan Stanley. Morgan Stanley AdvisorySM is a service mark of Morgan Stanley.

Contact: Media Relations, Christy Pollak, 914.225.6827