Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services. The firm has continually broken new ground in advising our clients on strategic transactions, in pioneering the global expansion of finance and capital markets, and in providing new opportunities for individual and institutional investors.
*Source: Company website
Morgan Stanley Smith Barney News from Registered Rep.
The firm told financial advisors they could offer clients anywhere from one to 500 shares, thanks to founder Mark Zuckerberg’s desire to get a wide pool of investors....
Advisors who manage client portfolios can now benchmark themselves against each other, as the firm rolls out a suite of new tools aimed at making investment returns a top priority for clients. That may make some clients happy and some advisors cringe. It may also make the firm a bit safer from legal fallout. ...
Despite the focus on retaining Morgan Keegan advisors and integrating the b/d into its operations, Raymond James reported a solid recruiting quarter as well as record advisor productivity. ...
The battle for the retail brokerage crown is real. Both Merrill and Morgan Stanley scoffed at the idea that they were competing for the No. 1 slot back when we wrote about their new-ish rivalry......
Raymond James Financial announced this morning that it has closed the deal to purchase regional firm Morgan Keegan from Regions Financial Corp. for $1.2 billion in cash. The combined firm will have 6,500 advisors and $372 billion in total client assets. ...
Recruiters are having a harder time placing talent at the firm, thanks, some say, to BofA's banking culture and a string of bad press. But is the tide starting to turn?...
Morgan Stanley and American Express announced Thursday that they launched two new co-branded credit cards exclusively for Morgan Stanley Smith Barney financial advisory clients. Morgan Stanley clients can already get a debit card through Master Card, which will continue, says the firm....
A Morgan Stanley Smith Barney team led by Larry King in Saratoga Springs, N.Y. left the wirehouse and started an independent registered investment advisor, King Wealth Management Group. ...
For Morgan Stanley, doling out IPO shares to clients was a discreet but formulaic business. But with the integration of Smith Barney and an iconoclastic Facebook founder calling the shots, this time may be different....
Focus Financial Partners’ pockets just got a lot deeper. A consortium of banks approved a credit facility of up to $320 million for the New York City-based registered investment advisor, almost double the size of its previous facility of $155 million. ...
Don’t write off merger and acquisition activity for the registered investment advisor market in 2012 yet. Sure, market volatility and foggy economic prospects dampened dealmaking last year, according to Schwab Advisor Services. ...
A top institutional and family wealth advisor from Morgan Stanley Smith Barney has joined HighTower, the Chicago-based national registered investment advisor, providing the RIA with a foothold in the Southwest. James Pupillo, 54, managed $2.5 billion at MSSB’s Graystone Consulting. ...
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