Nino vs Morgan Stanley

Choose Nino when you want a flat fee instead of a percentage of assets, and the same team that builds your plan to file your return. Use the AI assistant yourself from $20/month, or add a CPA and financial planner team from $3,600/year. Morgan Stanley Financial Advisors manage portfolios; Nino does not manage investments.

Morgan Stanley does not publish one fee for Financial Advisor-led accounts; the rate is negotiated. Its Select UMA brochure lists a maximum annual Advisory Fee of 2.0% and says your Financial Advisor may agree to charge less. A 0.035% Platform Fee applies to most accounts, plus a Sub-Manager Fee when an SMA is used. Ask for your rate in writing.

No. Morgan Stanley’s Select UMA brochure states that it and its affiliates do not provide tax or legal advice, so filing sits with you or an outside tax pro. Nino’s financial and tax services include a CPA and financial planner team that prepares and files federal and state returns. Software alone provides AI tools and tax estimates.

Nino services start at $3,600/year for Ultra software, a CPA and financial planner team, financial planning, and tax filing, whatever your balance. At Select UMA’s 2.0% maximum, a constant $1,000,000 balance would pay $20,000 a year before other fees; negotiated rates can be lower. Core Portfolios at 0.30% would be $3,000 and includes managed investments.

Yes. Nino does not manage or hold investments, so your Morgan Stanley accounts can stay where they are. Connect supported accounts and use Nino for planning and tax questions around those balances. Nino’s software does not place trades. You can try the assistant free for 7 days without a credit card.