Can I set up automated contributions to my investment account?

Morgan Stanley offers a range of options for setting up automated contributions to investment accounts. Clients often appreciate the convenience of automating their investments, as this facilitates regular contributions without requiring manual intervention each time. Typically, clients can set up automatic transfers from their bank accounts or other financial institutions to their Morgan Stanley investment accounts. This can help in maintaining a consistent investment strategy and taking advantage of dollar-cost averaging. To establish automated contributions, clients generally need to log into their online account through the Morgan Stanley website. From there, they can navigate to the section for account funding or transfers and follow the necessary steps to set up a recurring transfer schedule. Clients can usually specify the amount and frequency of these contributions, which can be set up on a weekly, biweekly, or monthly basis, depending on their preferences. For specific instructions or to learn about any particular requirements, it may be beneficial to visit the current Morgan Stanley website. This resource typically provides detailed guidance and any necessary forms or information needed to facilitate this process.