Morrison Fiduciary Advisors, Inc.

Morrison Fiduciary Advisors provides investment consulting and portfolio management services primarily to institutional clients — including public pension plans, Taft‑Hartley plans, foundations and endowments, corporations, trusts and not‑for‑profit entities — and also works with high‑net‑worth individuals. The firm offers both non‑discretionary ERISA Section 3(21) consulting and discretionary ERISA Section 3(38) OCIO arrangements, and formalizes objectives and responsibilities in customized Investment Policy Statements.

The firm’s process begins with a review of client goals and current holdings, followed by strategic asset allocation, mutual fund and ETF selection for discretionary accounts, and ongoing monitoring informed by third‑party research. For non‑discretionary clients, rebalancing and trades are executed only after client approval, and accounts are reviewed at least quarterly with custodian statements provided to clients.

Morrison is notable among solo independent advisors for the composition of its business: as of the brochure date the majority of its assets are non‑discretionary ($58.6M non‑discretionary of $67.6M total) and the firm explicitly provides pension consulting and institutional services for public and municipal clients and charitable organizations. The firm’s disclosures also document client use of borrowing (margin) in accounts and receipt of eligible soft‑dollar research, practices that are less common among peers.