Displaying 202 results
Massachusetts charges Morgan Stanley over unethical sales contest
The firm allegedly conducted an unethical, high-pressure, sales contest among its advisers to encourage clients to borrow money against their brokerage accounts. Plus: Morgan Stanley is being sued over its 401(k) plan.
Bank of America, JPMorgan Chase, Morgan Stanley, Wells Fargo oppose anti-DOL fiduciary rule lawsuits
In a split with regional brokerage firm, the wirehouses favor compliance over fighting the Labor Department.
SEC fines Morgan Stanley $1 million for data-protection failures
The fine relates to an ex-broker, Galen Marsh, who took data from hundreds of thousands of the wirehouse's clients, some of which ultimately ended up online.
Finra panel orders Morgan Stanley to pay $34 million to estate of former Home Shopping Network chief
A Finra arbitration panel sided with the estate of Roy M. Speer, the co-founder of the Home Shopping Network, saying the brokerage churned his account and violated a law against exploitation of vulnerable adults.
Advisers managing $600 million leave Morgan Stanley to start RIA firm
The wirehouse advisers create independent wealth management firm We Are One Seven in Cleveland
Market turmoil hurts revenue at Morgan Stanley wealth unit
CEO James Gorman says DOL's fiduciary rule isn't "the be-all and end-all" for the bank's brokerage business.
Morgan Stanley chases millionaires’ cash with free platinum AmEx
The brokerage is making a push to grab $50 billion in retail deposits currently held by its rivals.
The biggest adviser moves for the fourth quarter 2015
Tracking the more than $26 billion in AUM that changed firms late in 2015.
Wirehouse metrics reflect different strategies
Newly compiled InvestmentNews research shows how the nation's biggest brokerages rank across four key metrics.
Morgan Stanley ordered to pay $2.4M arbitration award over former broker’s trades
Broker Steven Mark Wyatt was accused of unauthorized and excessive stock-market trading during and after the 2008 financial crisis.
Attrition and breakaways have shrunk head counts at wirehouses
Attrition and breakaways have shrunk head counts at wirehouses, threatening the big four firms as they look to keep pace. (Plus: Our full Spotlight on Wirehouses special report)
Wirehouses still attracting adviser talent
Despite increasing options in the independent space, majority of adviser moves are still among the big four.
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.
Finra arbitration panel awards $500,000 to former Morgan Stanley rep
Broker and wirehouse embroiled in a three-year dispute over a promissory note.
Brokerage executives enjoying steadily increasing payouts
As markets thrive and wealth management becomes a focus at major firms, brokerage execs like Morgan Stanley's Greg Fleming enjoy bigger paydays.
Morgan Stanley’s Hunger Games-inspired video they don’t want you to see
The straitlaced wirehouse pulled the plug on this 10-minute spoof of the popular "Hunger Games" series. But did it go too far? You decide.
Morgan Stanley’s ‘Hunger Games’ parody whips financial Twitter into a frenzy
Twitter reacts to Morgan Stanley's 'Margin Games' Hunger Games parody.
Swiss franc fallout hits some liquid alt funds harder than others
Big bets, currency exposure might surprise some investors
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.
Morgan Stanley data offered on Internet for virtual currency
Financial adviser accused of pilfering data working with the wirehouse.
