Morgan Stanley Wins Three 2024 Technology Awards in Generative AI, Fractional Shares, and Portfolio Risk Management
“Being recognized by Celent for innovation in three categories is a true honor,” said
Celent’s Model Wealth Manager awards recognize best practices of technology usage in different areas critical to success in wealth management and is the main award that a financial firm in the industry can receive from Celent. Celent’s Model Risk Manager award category recognizes best practices use of technology in financial risk management, operational risk management, cross risk, and financial crime.
The AI @ Morgan Stanley Assistant leverages Open AI’s large language model to analyze and synthesize complex information in seconds and to summarize answers for
Morgan Stanley’s enhanced Select Unified Managed Account (UMA®) platform offers fractional shares holding capability for Separately Managed Accounts (SMAs) and Exchange-Traded Funds (ETFs). Fractional Shares allow access to more tax efficient vehicles and professional management with lower initial minimum investments. It also increases the opportunity for diversification* by allowing investors to hold more positions and asset classes within their portfolio.
Morgan Stanley’s Portfolio Risk Platform and the risk analytics integrated into their proprietary platform applications help its
For more information about Morgan Stanley’s Celent Award honors as well as a full list of this year’s honorees, please visit https://www.celent.com/insights/523504018 and https://www.celent.com/insights/857747082.
About Morgan Stanley Wealth Management
Morgan Stanley Wealth Management, a global leader, provides access to a wide range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, cash management and lending products and services, annuities and insurance, retirement and trust services.
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The Celent Model Wealth and Risk Manager 2024 Awards for Data and Analytics, Essential and Emerging Technologies, and Personalization, were granted to Morgan Stanley Smith Barney LLC (“Morgan Stanley”) following an evaluation process conducted by Celent analysts. To be considered for this award,
Celent does not receive compensation from the participating firms in exchange for the award and
The Portfolio Analysis report (“Report”) is generated by Morgan Stanley Smith Barney LLC’s (“Morgan Stanley”) Portfolio Risk Platform. The assumptions used in the Report incorporate portfolio risk and scenario analysis employed by BlackRock Solutions (“BRS”), a financial technology and risk analytics provider that is independent of
This material has been prepared without consideration of the investment objectives, risk tolerance or financial circumstances of any specific investor. Before making a recommendation, the Financial Advisor or Private Wealth Advisor must have a reasonable basis for such a recommendation, and take into account the client's circumstances, objectives and risk tolerance to ensure it is appropriate for the client.
*Diversification does not guarantee a profit or protect against loss in a declining financial market
©2024 Morgan Stanley Smith Barney LLC. Members
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