No matter how you choose to put your money to work, the Active Assets Account offers valuable investment features to keep it working harder.
- Automatic cash sweep - Available cash balances are automatically swept into bank deposit accounts or a money market fund. Click here for (rates).
- Direct deposit service - You can have regular paychecks and payments, such as Social Security, VA or pension payments automatically deposited into your Active Assets Account. Direct Deposit Service is reliable and secure, and you don't have to wait for checks to arrive in the mail or run to the bank.
- Systematic investment programs - As an added convenience, Morgan Stanley offers a number of systematic investment programs that can suit your needs.
- Free dividend reinvestment - If you choose, you can have dividends automatically reinvested in additional shares, without incurring commission charges.
- Margin borrowing privileges - With margin privileges you can borrow against the value of your assets to buy additional securities or anything else you wish. It is important that you understand fully the risks involved in trading securities on margin. You must request and be approved for margin privileges. Margin borrowing is not for everyone. You will be charged interest at varying rates on the amount borrowed. See a Morgan Stanley Financial Advisor for more information and a copy of the Active Assets Account Client Agreement for terms and conditions.
Securities and cash held in Morgan Stanley accounts are protected up to their full net equity value by a combination of coverage provided by the Securities Investor Protection Corporation (SIPC), a non-profit organization created by an Act of Congress and additional protection purchased from a group captive insurance company by Morgan Stanley ("excess coverage'). SIPC protects up to $500,000 of your securities, of which up to $100,000 may be uninvested cash. Excess Coverage provides additional protection up to the full net equity value of each account including unlimited coverage for uninvested cash. SIPC and excess coverage apply only to securities and cash in the exclusive possession and control of Morgan Stanley and do not protect against losses due to fluctuations in the market. If you would like more information, please contact a
Morgan Stanley Financial Advisor. Additional information about SIPC and asset protection may also be found at
www.sipc.org.
The Active Assets Account is a brokerage account with Morgan Stanley & Co. Incorporated. Where appropriate, Morgan Stanley has entered into arrangements with licensed banks to assist in offering certain services. Morgan Stanley & Co. Incorporated is a registered broker-dealer, not a bank.