Morgan Stanley Smith Barney (MSSB)

It's official — management at Morgan Stanley has eighty-sixed the 'Smith Barney' name, rebranding the iconic brokerage as Morgan Stanley Wealth Management. What would John Houseman think?

The tax-exempt municipal bond market enjoyed favorable technical factors for much of the summer, which allowed it to outperform U.S. Treasuries.

Brokers and other observers say a culture clash and cost cutting have left legacy Smith Barney reps feeling demoralized and could cause more of the firm's brokers to leave.

A former executive at MSSB claims he was fired because, among other things, he threatened to expose churning of preferred stock by a star rep.

A large group of Morgan Stanley Smith Barney financial advisers managing “tens of billions” of dollars in client assets are threatening to leave the firm, according to a report by Reuters Friday afternoon.The group of 40 or more advisers are reportedly upset about continuing problems with the

In a bid to cut costs, MSSB plans to substantially pare the number of its complexes. The brokerage also plans to shrink the ranks of its nonproducing managers.

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Morgan Stanley's estimate of the fair-market value of the Morgan Stanley Smith Barney unit is about 40% of what Citigroup believes the brokerage is worth, according to a regulatory filing

Morgan Stanley's earnings were down 50% in 2Q; MSSB's average annual revenue per rep now at $775K

In the near future, the Smith Barney name will disappear below the horizon, following its culture which has long been swallowed up within Morgan Stanley. The final Smith Barney offices converted to the new “3D” technology over the weekend of July 7-8, while senior management is apparently planning