NAR, Morgan Stanley Launch Financial Program for REALTORS®

October 16, 2020

The National Association of REALTORS® announced Friday that it has partnered with global financial services firm Morgan Stanley to offer investment guidance and other financial wellness resources to members. With only 52% of REALTORS® actively saving for retirement, according to NAR’s 2019 Financial Planning Report, the newly available financial planning and investment guidance—offered through NAR’s Center for REALTOR® Financial Wellness—is designed to fit the needs of real estate pros at every age and career level.

“Through everything we’ve faced in 2020, REALTORS® have been steadfast and resilient, and our industry has led the nation in its progress toward economic recovery,” NAR President Vince Malta said in a statement. “But while we work tirelessly on our clients’ behalf each day, it is also critical for every REALTOR® to take steps to secure their own financial future.”

Through NAR’s alliance with Morgan Stanley at Work, NAR members have access to tools that address pros’ unique financial needs and offer the support of a dedicated Morgan Stanley financial adviser on issues ranging from college savings to retirement and estate planning. Program participants also can use Morgan Stanley Access Investing, the firm’s automated online investing platform.

“We strongly believe that financial wellness is an essential component of every individual’s financial health and well-being,” says Krystal Barker, head of financial wellness at Morgan Stanley at Work. “By creating an accessible digital financial experience, coupled with providing dedicated financial advisors, REALTORS® and their families are now able to navigate their finances and plan for their financial future.”