Overview

• Advisors will be able to offer crypto fund investments to any client, including in retirement accounts, beginning Oct. 15.
• Previous limits that required at least $1.5 million in assets, an aggressive risk profile, and a taxable brokerage account are being removed.
• An automated monitoring system will oversee client portfolios, and a recent committee model suggests an initial allocation of up to 4% depending on goals.
• For now, advisors are restricted to pitching bitcoin ETFs from BlackRock and Fidelity, with additional products under consideration.
• The policy shift comes as Morgan Stanley works to enable Bitcoin, Ether and Solana trading on E*Trade via Zerohash, and its wealth unit oversees roughly $8.2 trillion.