We have extensive experience helping plan sponsors to balance risk and return, improve funding ratios and ensure their fiduciary obligations are met.
We have been helping unions and other labor-management organizations align their Taft-Hartley funds with regulatory requirements since the inception of Graystone Consulting in 1973. Our rigorous process involves testing various asset allocation models under multiple economic scenarios to help you enhance performance potential, reduce costs and improve your funding ratio. We offer continuous fiduciary education and provide hands-on support. Above all, we commit to fee transparency and objectivity. As a matter of policy, we only recommend outside investment managers and do not manage any of the assets directly, ensuring your interests come first.
Taft-Hartley Plans
$80+ Billion1
Assets Under Advisement
Check the background of our Firm and Investment Professionals on FINRA's Broker/Check.*
1 As of December 31, 2022. Source: Morgan Stanley Institutional Consulting
When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley 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 Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account.
Graystone Consulting is a business of Morgan Stanley Smith Barney LLC.
CRC#5692090 (05/2023)