Morgan Stanley Smith Barney (MSSB)
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Swiss franc fallout hits some liquid alt funds harder than others
Financial advisers who have been watching from a distance the fallout from Switzerland's surprise move last week to remove its currency ceiling against the euro might want to take a closer look at some of the mutual funds in their clients' portfolios.While it might be disheartening to see something
Morgan Stanley data offered on Internet for virtual currency
Morgan Stanley discovered client data was stolen after someone posted information on 900 of its brokerage customers on the website Pastebin last month and asked potential buyers to pay for more with a virtual currency, according to a person briefed on the investigation.The bank had the data removed
Morgan Stanley fires broker for stealing thousands of clients' data
Morgan Stanley fired an employee in its wealth management group who had stolen client data and posted some of it online. The theft affected up to 10% — 350,000 — of the firm's 3.5 million wirehouse clients.
Raymond James recruits $300M Morgan Stanley team
Raymond James has snagged a $300 million team from Morgan Stanley Wealth Management.Craig A. Houck and Richard L. Schooley Jr. will join Raymond James' independent channel, operating as Dogwood Wealth Advisors, with offices in Atlanta and Savannah, Ga.(See who else has joined Raymond James)At
Pimco sees muni returns ebbing after best gain since '11
Pimco sees muni returns ebbing after best gain since '11 Returns in 2015 may be less than half of the 8.6% logged in 2014 Oct 14, 2014 @ 9:55 am By Bloomberg News + Zoom With the $3.7 trillion municipal market poised for its biggest annual gain since 2011, this year is going to be a tough act to
Wells Fargo binges on Morgan Stanley recruits
Since June, the firm has snatched nearly $1.4 billion in assets from rival wirehouse, according to moves tracked by InvestmentNews.
Wirehouses challenged as retention deals fade
Study estimates that between 12% and 20% of long-term packages signed after 2008 mergers will expire annually over the next four years.
Morgan Stanley lets advisers write what they tweet
The wirehouse is one of the first to break away from exclusively canned content on Twitter.
Morgan Stanley case spotlights legal hurdles for indie recruits
A former Morgan Stanley adviser who joined LPL last month won back the right to serve his clients.
Morgan Stanley taps new head for private wealth unit
Morgan Stanley Wealth Management, the largest of the four wirehouses by financial adviser head count, has filled a key position left open following a reshuffling of management in late February, according to an internal memo sent to the firm's roughly 16,400 advisers Wednesday.
Merrill Lynch nabs $400M team from Morgan Stanley
Bank of America Merrill Lynch has snapped up a former Morgan Stanley duo who oversaw some $400 million in assets. The two advisers, Michael Bromberg and Daniel Gerschel, have joined Merrill Lynch's New York office. They previously produced about $1 million in revenue while at Morgan Stanley,
Morgan Stanley hits key growth target in 4Q as pretax profit margin reaches 20%
As Morgan Stanley chief executive James Gorman sets a new profit margin target for the firm's wealth management unit, executives will be looking to advisers to capitalize on new opportunities, such as lending to high-net-worth clients, an area where the firm lags.
With big new team, Morgan Stanley adds horses
Morgan Stanley has landed a $1.5 billion team from J.P. Morgan Securities LLC in the latest in a series of high-profile acquisitions. Scott Siegel, a Barron's top 1,000 adviser, and his team of Mehmet Kirdar, Michael O'Hara and Joseph Carmody, have joined Morgan Stanley's New York City office, the
What's now and what's next for Morgan Stanley's new trade tool
Trade Flow Insights provides brokers with across-the-board product sales data and insights about those who bought them.
'Major loss' as big L.A. adviser leaves Morgan Stanley for Merrill Lynch
Rebecca Rothstein, legacy Smith Barney adviser, jumps ship; No.2 on Barron's list
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