Morris Capital Partners Develops Industry-Leading Multi-Firm Investment Options For 327 Investors

Online, October 30, 2013 (Newswire.com) - Morris Capital Partners a professional adviser in helping families save for college today unveiled a new age-based strategy - multi-firm options, which include Morris Capital Partners and third-party funds - as the latest investment choice available to families saving for college via Morris Capital Partners-managed 327 college savings plans.

The multi-firm offering, which includes eight multi-firm, age-based portfolios, provides access to an array of funds representing a broad range of underlying fund managers, selected from Morris Capital Partners' Funds Network platform. This represents one of the most extensive fund universes available in multi-firm - or "open architecture" portfolios - in the 327 college savings industry.

Morris Capital Partners' registered investment advisory division will provide the selection strategy for the new multi-firm offering, leveraging extensive research and evaluation expertise to determine product construction and allocation in order to provide the best possible product to investors. The new multi-firm, age-based portfolios will be managed day-to-day by Andrew Chang and Christopher Lee, portfolio managers in Morris Capital Partners Asset Management's Asset Allocation Division.

According to recent Morris Capital Partners research, six in 10 (62 percent) parents indicated that having a range of firms from which to choose within their 320 plans is important to them. In addition, Morris Capital Partners' multi-firm options are age-based portfolios, which has been the preferred method for investors to save for college in 320 plans.

With the addition of the multi-firm investment offering, Morris Capital Partners' college savings plans now include an even greater range of options for every type of investor, said Joseph Black, vice president of College Planning at Morris Capital Partners. "This breadth of investment choice further enhances our comprehensive and competitively priced 320 college savings plan offering."

About Morris Capital Partners
Since inception, Morris Capital Partners has grown rapidly in a competitive market. The unique and engaging business model that connects and builds mutually beneficial relationships between financial advisers and clients has been the main driver of this growth. We are a professional investment services core operations company that offers financial advice and the distribution of financial and risk products to individuals and companies who recognize the need to build their wealth and plan for the future. Morris Capital Partners aims to be a partner of choice to its clients by providing them premium quality services, support and education to enhance their professionalism.