Displaying 223 results
Morgan Stanley wealth boss emerges as one to watch in CEO race
Andy Saperstein oversees the $4.5 billion wealth management unit that's catapulted Morgan Stanley's market value above that of archrival Goldman.
Six biggest banks on Wall Street failing key ESG test, study says
JPMorgan, Bank of America, Citigroup are listed as falling short in an analysis by Ceres and the Transition Pathways Initiative.
$10.8 billion First Republic team bolts to Morgan Stanley
The New York City-based Zipper Duarte team generates $12.5 million in annual revenue.
Love it or hate it, ESG has been around for decades — and it isn’t going away
Interest both for and against sustainable investing will almost certainly be rising — and that means that financial advisors can’t afford to ignore it.
Morgan Stanley ordered to pay $782,272 for mishandling estate
Finra arbitrators ruled on the estate's claim that Morgan Stanley ignored rules laid out by a court for how funds in the estate were to be handled.
How stocks of wealth management firms are holding up this year
Focus Financial is going private. There’s a banking crisis. What has the impact been on these companies?
Citi sues advisor who jumped to Morgan Stanley over $636 million book
Citi alleges Steven Taub is violating a 12-month nonsolicitation agreement and has already convinced clients to move more than $100 million.
Crack appears in First Republic wealth management business
Vishal Bakshi, an advisor who reportedly has $1.5 billion in client assets, left to join Morgan Stanley late last week, after signing on at First Republic less than a year ago.
Sanctuary adds Morgan Stanley team overseeing $170 million
Columbus, Ohio-based Matthew Terwilliger and his team will operate as Iterhic Wealth Advisors.
JPMorgan, Morgan Stanley in talks for First Republic, WSJ says
Several large banks are discussing a potential deal that could include a sizable capital infusion to shore up troubled First Republic.
Morgan Stanley partners with OpenAI on internal chatbot for its advisors
Answers to advisors' questions will be generated exclusively using Morgan Stanley's library of content and data.
Cash to bolster portfolios in the year ahead, investors say
Passive funds and ETFs won’t completely supplant active managers, but their market share will continue to rise.
Morgan Stanley ESG ETFs get the cold shoulder
Critics say Morgan Stanley's big launch of six Calvert ETFs was poorly timed in an environment where ESG has become a political football.
What buzzy fintech innovations can advisors expect this year?
Over the next month, thousands of financial advisors will travel to Florida to learn about the latest technology and how it can improve their practice.
Morgan Stanley ordered to pay Schwab $7.3 million over broker recruiting
In its arbitration claim, Schwab accused Morgan Stanley and the two brokers who joined Morgan Stanley of violating a non-solicitation agreement.
Morgan Stanley team with $715 million joins Americana Partners
The team of eight in Midland, Texas, was brought to Americana by Dynasty Financial Partners.
Competition for active ETF dominance heats up
JPMorgan Asset Management’s Bryon Lake projects that active ETFs in the US will grow over the next five years to $3 trillion from $384 billion currently.
Goldman CEO cites ‘tighter hiring plan’ for 2023
But Solomon cited improved sentiment among CEOs about the possibility of a 'softer economic landing.'
Finra arbitrators order Credit Suisse to pay $1.3 million to former rep
The Swiss firm loses another dispute over deferred compensation related to the 2015 closure of its U.S. wealth management operation.
Morgan Stanley fines bankers over $1 million each for using unapproved messaging platforms
The firm is the latest bank to require individual staff to bear some of the burden of an unprecedented regulatory investigation.
