Morgan Stanley Investment Management (MSIM) offers investment and risk-management solutions to corporations, pension plans, intermediaries, sovereign wealth funds, central banks, endowments, foundations, governments, consultant partners, and retail investors. MSIM provides investment advisory services to registered investment companies, private investment vehicles, and offshore pooled vehicles. MSIM also advises separately managed accounts for institutional clients and individual retail investors through wrap fee programs.
MSIM's fees vary based on the client's circumstances and are negotiated. Fees are generally billed quarterly in arrears based on current or quarter-average market values. The fees described do not include fees for advisory services provided through wrap fee programs. Clients should refer to the documents specific to their wrap fee program for fee information.