Morgan Stanley Wealth Management and Ascensus Collaborate to Create ClearFit, A New, Turnkey Retirement Program Specially-Designed for the Small 401k…

Investment Weekly News

Morgan Stanley Wealth Management and Ascensus Collaborate to Create ClearFit, A New, Turnkey Retirement Program Specially-Designed for the Small 401k Plan Marketplace

By a News Reporter-Staff News Editor at Investment Weekly News -- Morgan Stanley Wealth Management announced that it has teamed with Ascensus to develop ClearFit, a leading-edge retirement program created exclusively for America's fastest growing segment of the retirement plan market. This innovative approach delivers Morgan Stanley's institutional investment expertise and willingness to accept the fiduciary responsibility as a 3(38) discretionary manager to plans of smaller sizes.

ClearFit combines the best of both firms: the comprehensive fiduciary services and investment management process of Morgan Stanley with the leading-edge administrative and recordkeeping services of Ascensus, the nation's largest independent retirement and college savings services provider.

"Business owners today have a lot on their plate beyond managing and growing their businesses," explains Marc Brookman, Managing Director at Morgan Stanley Wealth Management. "They recognize the importance of offering a competitive retirement program to attract and retain top talent, but generally do not have the time or resources to administer the complexities of most plans. We take the burden off their shoulders and onto ours, so they can remain focused on building their businesses, while giving their employees a clear and convenient way to plan or prepare for retirement."

Keywords for this news article include: Morgan Stanley, Financial Companies, Finance and Investment, Investment Brokerage Companies.