Resources and Support
ADVISOR MANAGED ACCOUNTS
Your one-stop-shop for information on Advisor Managed Accounts, powered by Morningstar Investment Management LLC. Use our independent research, marketing materials, and more to socialize AMA with your in-house teams, plan sponsors, and participants.
Product
Guide 5.5 MB
Audience:
Advisors/Plan providers
Use it for:
Education
Key topic:
Advisor Managed Accounts user interface
Explains how participants will interact with the Advisor Managed Accounts interface. Plan sponsors can also use this as a reference point when talking to their employees.
Updated November 2022.
One-sheet 867 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Social Security Optimization
Explains the feature and the value to participants.
Updated November 2022.
Feature Guide 897 KB
Audience:
Financial Professional and Plan Sponsor Use
Use it for:
Education
Key topic:
Social Security Optimization
Provides a detailed overview of the feature, where to access it within Morningstar Retirement Manager, and what it looks like.
Updated November 2022.
FAQ 142 KB
Audience:
Participants
Use it for:
Education
Key topic:
Social Security Optimization
Covers common questions participants may have about the feature.
Updated November 2022.
Talking Points 120 KB
Audience:
Financial professionals
Use it for:
Education
Key topic:
Social Security Optimization
Explains the feature, why plan sponsors and participants should care about it, and who it is available to.
Updated November 2022.
One-sheet 509 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Income Secure
Explains the feature and the value to participants.
Updated November 2022.
FAQ 190 KB
Audience:
Participants
Use it for:
Education
Key topic:
Income Secure
Covers common questions participants may have about the feature.
Updated November 2022.
FAQ 190 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Income Secure
Covers common questions plan sponsors may have about the feature.
Updated November 2022.
Talking Points 120 KB
Audience:
Financial professionals
Use it for:
Education
Key topic:
Income Secure
Provides the key benefits of the feature, why plan sponsors and participants should care about it, and who it is available to.
Updated November 2022.
One-sheet 322 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Morningstar® ByAllAccounts®
One sheet outlining key features, why clients should care, and who this is available for.
Updated November 2022.
FAQ 148 KB
Audience:
Participants
Use it for:
Education
Key topic:
Morningstar® ByAllAccounts®
Covers common questions participants may have about the feature.
Updated November 2022.
FAQ 209 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Morningstar® ByAllAccounts®
Covers common questions plan sponsors may have about the feature.
Updated November 2022.
Talking Points 121 KB
Audience:
Financial professionals
Use it for:
Education
Key topic:
Morningstar® ByAllAccounts®
Explains the feature, why plan sponsors and participants should care about it, and who it is available to.
Updated November 2022.
One-sheet 547 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
HSAs as Outside Accounts
One sheet outlining key features of the capability, why clients should care, and who this is available for.
Updated November 2022.
FAQ 145 KB
Audience:
Participants
Use it for:
Education
Key topic:
HSAs as Outside Accounts
Covers common questions participants may have about the feature.
Updated November 2022.
FAQ 208 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
HSAs as Outside Accounts
Covers common questions plan sponsors may have about the feature.
Updated November 2022.
Talking Points 560 KB
Audience:
Financial professionals
Use it for:
Education
Key topic:
HSAs as Outside Accounts
Explains the feature, why plan sponsors and participants should care about it, and who it is available to.
Updated November 2022.
Marketing
One-sheet 160 KB
Use it for:
Introducing managed accounts
Key topic:
Value of managed accounts
Overview of the key features of our managed accounts service. Great as a first introduction to the service.
Presentation 6 MB
Audience:
Plan sponsors/Consultants
Use it for:
Presale meeting
Key topic:
Value of managed accounts
Introduction to Morningstar Investment Management and our managed account service: who we are, what we do, how our service can help participants, and how it works.
Use only when co-presenting with a Morningstar Investment Management LLC Regional Sales Director.
FAQ 130 KB
Audience:
Participants
Use it for:
Education
Key topic:
Frequently asked questions about managed accounts
Great as a leave-behind after meeting with participants. Answers the top questions our team receives when meeting with participants. Can also be provided to plan sponsors to post on their company intranet.
Research
Research Paper 2.4 MB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
The impact of default investment solutions on participant savings
Explores and compares the effect managed accounts and target-date funds (used as a default) can have on how much participants can save for retirement.
Updated 2022
Research Paper 770 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
The impact of default investment solutions on participant savings
Explores and compares the effect managed accounts and target-date funds (used as a default) can have on how much participants can save for retirement.
Summary 160 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
How default investment decisions can impact savings
Summary of our “The Impact of the Default Investment Decision” research paper.
Research Paper 2 MB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Process to consider for selecting a best-fit default investment
Introduces a data-driven process that can help plan sponsors determine how well an investment solution may fit their plan.
Summary 270 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Using participant data to select the optimal QDIA
Summary of our “Stop Guessing” research paper.
Infographic 555 KB
Audience:
Plan sponsors
Use it for:
Education
Key topic:
Employee Data
Visual overview of our “Stop Guessing” research paper.
Research Paper 470 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Process to consider for selecting a best-fit default investment
Follow-up report that extends the original "Stop Guessing" framework to incorporate additional factors to help plan sponsors make decisions around QDIA selection.
Updated January 2021.
Research Paper 311 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Boosting participant savings rates
Explores how to help employees save more for retirement.
Summary 270 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Three ways to improve participant savings rates
Summary of our “Save More Today” research paper.
Infographic 555 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Savings rates
Visual overview of our "Save More Today" research paper.
Research Paper 1.3 MB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Managed accounts and participant behaviors
Explores the allocation changes and enrollment decisions made by over a half million 401(k) participants during the first quarter of 2020.
Updated January 2021.
Research Paper 1.9 MB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
The importance of accurately forecasting the length of retirement
Explores various factors relating to estimating "the end" of retirement in a financial plan.
Updated January 2021.
Research Paper 2.2 MB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
The potential value 401(k) advisors bring to plan sponsors
Explores the potential benefits of a 401(k) plan advisor from a plan-sponsor perspective.
Updated January 2021.
Research Paper 190 KB
Audience:
Plan sponsors/Consultants
Use it for:
Education
Key topic:
Managed accounts and remote participant behaviors
Uncovers how usage of target-date funds and managed accounts differs for remote workers.
Updated January 2021.
FAQs
About Morningstar Investment Management LLC’s Retirement Solutions Group
Our parent company, Morningstar, Inc., was founded on the simple idea that when people have good investment information, they can make better choices that help them achieve their financial goals. In the retirement solutions group at Morningstar Investment Management LLC, a subsidiary of Morningstar, Inc. and a registered investment adviser, our advocacy for the individual investor extends to the workplace retirement market where the responsibility for investing and saving now rests with employees. Our products and services—which range from a managed accounts service to target-date products to custom models and fiduciary services—are not only designed to help people save for the retirement they want, but to help them make their money last once they get there.
Why choose Advisor Managed Accounts over Managed Accounts?
Although there are plenty of similarities between advisor managed accounts and managed accounts, there are three key differentiators:
1. Advisor managed accounts strengthens your relationship with plan sponsors
This service is a natural extension of the plan-level services you already provide to plan sponsors. advisor managed accounts allows you to select the funds and asset classes that are appropriate for plan sponsor clients and their constituents.
2. Advisor managed accounts allows you to implement a scalable advice strategy
Apply your unique investment philosophy without having to worry about recordkeeper integration, managed account operations, or developing a user interface.
3. Advisor managed accounts gives you more control
With advisor managed accounts, you have full discretion over the investments you want to use in the retirement plan so you can design participant portfolios that align with your views and philosophy on fund selection.
How will participants interact with Advisor Managed Accounts?
Through our interface, participants receive a retirement savings strategy that incorporates the portfolios you’ve built. They can access the interface through a link on their plan provider’s website. After they’ve had a chance to review and update information about themselves and their financial situation, their personalized retirement savings plan will generate in just a few moments. At any point, they can update their information and their strategy will adjust accordingly.
What type of assistance can Morningstar Investment Management’s Regional Sales Director team provide?
The Morningstar Investment Management regional sales team is spread out across the country and is available to support you in growing new and existing business and helping your plan sponsor clients engage plan participants. The regional sales team can support you with:
• Training
• Finals presentations
• Annual plan reviews
• On-site participant support
Please reach out to the sales director within your territory.
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Pacific Northwest
Stephen McNeil
stephen.mcneill@morningstar.com
+1 503 799-2535
West
Ashley Whitney, AIF®, PPC®
ashley.whitney@morningstar.com
+1 419 212-0909
South Central
Jason Vargovchik
jason.vargovchik@morningstar.com
+1 312 961-9220
Midwest
Open
Northeast
Matt Savage
matthew.savage@morningstar.com
+1 617 777-0822
Mid-Atlantic
Hannah Walls, CRPS®
hannah.walls@morningstar.com
+1 740 816-2225
Southeast
Matt Ferullo, AIF®
matt.ferullo@morningstar.com
+1 312 622-1726
What type of training is available?
A best practice of Morningstar Investment Management is to conduct at least one training per year for your firm. However, the regional sales team is available to conduct additional trainings throughout the year on topics such as methodology, ERISA/fiduciary topics, human capital, competitors, and the value of managed accounts.
Contact your home office to see when the next training is scheduled or reach out to the regional sales director in your territory to inquire about scheduling a training at an alternate time.
Who do I contact if I have questions about Advisor Managed Accounts?
If you have questions, contact your Regional Sales Director.
Support
No matter where you are in the process of implementing Advisor Managed Accounts, Morningstar Investment
Management's team of Regional Sales Directors and Relationship Managers can support your efforts to acquire,
enroll, onboard, and support new plans.
Learn from investment professionals
We know most employees need help saving for retirement. Find out how our services can help participants reach their retirement goals.
A couple of ways we can help:
• Advisor meetings and training sessions
• Finals presentations
• Quarterly digital workshops for participants
• On-site meetings with participants
• One-on-one phone sessions with participants
Have questions? We’re here to help.
Your Relationship Manager is here to ensure a smooth transition every step of the way. Please contact them if you have any further questions.
Need help identifying your Relationship Manager? Contact us at ama@morningstar.com and we’ll connect you.
©2024 Morningstar Investment Management LLC All rights reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. For information and/or illustrative purposes only. Not for public distribution. The information contained within is the proprietary material of Morningstar Investment Management LLC. Reproduction, transcription or other use by any means, in whole or in part, without the prior written consent of Morningstar Investment Management LLC, is prohibited. Opinions expressed are as of the current date; such opinions are subject to change without notice.
Advisor Managed Accounts is offered by Morningstar Investment Management LLC and is intended for citizens or legal residents of the United States or its territories. The portfolio assignment delivered through Advisor Managed Accounts is provided by Morningstar Investment Management LLC, a registered investment adviser and subsidiary of Morningstar, Inc. Investment advice delivered by Morningstar Investment Management is based on information provided and limited to the investment options available in the participant's defined contribution plan. Projections and other information regarding the likelihood of various retirement income and/or investment outcomes are hypothetical in nature, do not reflect actual results, and are not guarantees of future results. Results may vary with each use and over time. Other investment advice delivered through Advisor Managed Accounts is provided by an unaffiliated investment adviser.
All investments involve risk, including the loss of principal. There can be no assurance that any financial strategy will be successful. Morningstar Investment Management does not guarantee that the results of their advice, recommendations or objectives of a strategy will be achieved.