Morgan Stanley’s Global Wealth Management Group has launched a new non-discretionary advisory account, “Morgan Stanley Advisory”. It is targeted at clients who want to benefit from the advice of a financial advisor but 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. Morgan Stanley said the account rounds out its advisory offerings. 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. GWMG provides a range of wealth management products and services to individuals, businesses and institutions, and has $728 billion in client assets. These include brokerage and investment advisory services, financial and wealth planning, credit and lending, banking and cash management, annuities and insurance, retirement and trust.