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Morgan Stanley Institutional Investment Advisors LLC (MSIIA) is registered with Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940, as amended, which means MSIIA is a fiduciary when providing investment advisory services. Cook Street Consulting and Hyas Group are separate business units within MSIIA.
When MSIIA, its affiliates and consultants provide “investment advice” regarding a retirement plan account, MSIIA is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When MSIIA provides investment education or otherwise does not provide “investment advice”, MSIIA will not be considered a “fiduciary” under ERISA and/or the Code.
The purpose of this website is for distribution of general information about our services and not a solicitation to deliver personalized investment advice. Not all services are available in all jurisdictions.
This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. The strategies and/or investments discussed in this material may not be appropriate for all investors. MSIIA recommends that investors independently evaluate particular investments and strategies and encourages investors to seek the advice of a Financial Advisor. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives.
The material has been prepared for informational purposes only and is not an offer to buy or sell or a solicitation of any offer to buy or sell any security or other financial instrument, or to participate in any trading strategy.
Tax laws are complex and subject to change. MSIIA and its affiliates do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
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