Cash Management Solutions at Morgan Stanley

2022 Plan Information

Managing Your Day to Day Finances

As a Morgan Stanley employee you have access to a full suite of cash management solutions to help you manage your cash needs. These solutions are available in two main brokerage account types – CashPlus Account and Active Assets Account. Both account types offer Morgan Stanley employees and employee related accounts exclusive benefits.

Introducing the CashPlus Account

The CashPlus Account is a brokerage account intended for short term investment needs and designed to support clients’ cash management needs. The CashPlus Account provides clients with:

  • No Cash Management Fees1
  • Comprehensive Protection
  • Seamless Digital Experience

There are two CashPlus Account types – Premier CashPlus Account and Platinum CashPlus Account. Employee and Employee related accounts receive:

  • Lower monthly fee avoidance criteria for the Premier CashPlus Account – $1,000 total monthly deposit or $10,000 average daily Bank Deposit Program (BDP) balance.*


The Active Assets Account (AAA) offers the ability to manage your finances along side your long-term investments or you can use a different AAA Account to separate your cash management activities from your investments, whichever you prefer. Employee and Employee related accounts receive:

  • No Annual Account Fee
  • Unlimited ATM Fee Rebates Worldwide1

Below are the key differences in the CashPlus accounts and the Active Assets Account. 

*$2,500 total monthly deposit or $25,000 average daily BDP balances for all other clients

Getting Started

  1. Open an account via three options:
  • CashPlus Only: Open an account online
  • Morgan Stanley Virtual Advisor (MSVA) call 866-888-0255 option 3 (*Not available to branch employees)
  • Your current Financial Advisor (FA) or if you are looking for an FA email

Not sure which option is right for you? Type ‘yourfinances’ in your browser

  1. Enroll in Direct Deposit with Morgan Stanley Payroll – log on to the Payroll site and elect to have your pay deposited directly into your CashPlus/AAA.


1Morgan Stanley Employee and Employee-Related Accounts receive unlimited worldwide ATM fee rebates. For Employee and Employee-Related Accounts with less than $1 million in assets, ATM fee rebates credited over $200 annually are considered a taxable benefit, and Morgan Stanley will provide a tax gross up payment via Employee payroll to offset this incremental tax burden. Morgan Stanley is not responsible for any additional taxes that may be due as a result of this offer based on employees’ personal tax situations. There are no tax

implications for Employee and Employee-Related Accounts with more than $1 million in assets that receive the unlimited ATM fee rebates.

2Insufficient Funds Coverage covers your use of the debit card, certain ACH and funds transfers, checks that you have written, and any other transaction types that we may include in the future.

3Beginning on or about May 2020, a monthly account fee will be charged but can be avoided if you meet certain criteria.  Third party cash management fees my apply.

4Morgan  Stanley Online (MSO) registration and eligible Morgan Stanley Investment Account are also required (may be subject to additional fees)

The CashPlus Account is a brokerage account offered through Morgan Stanley Smith Barney LLC. Conditions and restrictions apply. Please refer to the CashPlus Account Disclosure Statement for further details at:

The Active Assets Account (AAA) is a brokerage account offered through Morgan Stanley Smith Barney LLC.  Investments and services offered through Morgan Stanley Smith Barney LLC, Member SIPC.

An ALG is a group of accounts with the same mailing address which a client opts to consolidate for purposes of statement mailings and online access.  Each ALG receives its statements in a single envelope, in a consolidated format, with a summary page showing the value of each linked account.

The Morgan Stanley Debit Card is issued by Morgan Stanley Private Bank, National Association pursuant to a license from Mastercard International Incorporated. Mastercard and Maestro are registered trademarks of Mastercard International Incorporated. The third-party trademarks and service marks contained herein are the property of their respective owners.

Under the Bank Deposit Program, generally cash balances held in account(s) at Morgan Stanley Smith Barney LLC (“MSSB”) are automatically deposited by MSSB into an interest bearing FDIC‐insured deposit account(s), at Morgan Stanley Bank, N.A. and/or Morgan Stanley Private Bank, National Association, each a national bank, Member FDIC, and an affiliate of MSSB. Detailed information on federal deposit insurance coverage is available on the FDIC’s website ( Cash balances generally include the uninvested cash in a client’s account(s) minus certain items such as purchase transactions due to settle within a specified time period, other charges to a client’s account(s), and cash balances that are designated as collateral for a client’s obligations.

Morgan Stanley Smith Barney LLC is a registered Broker/Dealer, Member SIPC, and not a bank. Where appropriate, Morgan Stanley LLC has entered into arrangements with banks and other third parties to assist in offering certain banking related products and services.

Investments, insurance and annuity products offered through Morgan Stanley Smith Barney LLC are:  NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED | NOT A BANK DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY