Displaying 223 results
Stock funds see exodus as recession fears grip investors
Equity funds see $16.8 billion outflows while bonds saw redemptions of $23.5 billion.
Duo managing $215 million at Morgan Stanley bolt for LPL
Adam Hutchinson, Robert Gibbs affiliate through River Edge Wealth Partners, an OSJ on the LPL platform.
Morgan Stanley, Goldman strategists see more stock market losses
Societe Generale's Manish Kabra sees S&P 500 sinking 30% in 1970s style stagflation.
Morgan Stanley wealth manager wins fight over Manhattan condo tied to 1MDB
The judge concluded that the condo board's complaint was flawed because it didn’t include the US government as one of the parties.
Direct indexing gains appeal as taxable losses mount
Technology platforms evolve quickly to give financial advisers tools to help clients mitigate the tax hit as financial markets decline.
Wirehouses ditched recruiting years ago, but hit records in 2021. What changed?
Ten years ago, hiring financial advisers at wirehouses had a hammer and tongs feel. Today, hiring and hanging on to advisers are much more nuanced endeavors.
Morgan Stanley CEO Gorman sees 50% recession risk
But Gorman says he's more focused on nonfinancial risks, such as data stability, cyberattacks and operations risk.
Fintech Bytes: Prudential, Riskalyze and Future Proof Festival
A roundup of the rest of the week's fintech headlines.
SEC’s ESG integration proposals divide industry
US SIF Forum hears naming restrictions and disclosures for ESG dabblers are up for debate.
Finra arbitrators award Mexican farmer damages against Morgan Stanley, ex-broker
The firm and the former rep were ordered to pay Carlos Ramon Tapia Sanchez $160,000 each in damages; his attorney said the broker inappropriately recommended that Sanchez invest in junk bonds.
Morgan Stanley says US stock rally has limited upside
“The key fundamental call we are focused on now is slowing growth, and our view that earnings estimates are too high,” says Morgan Stanley’s Michael Wilson.
Fintech unicorn Vise partners with Morgan Stanley alum’s new RIA aggregator
Vise, a startup that provides advisers with custom indexing and automated portfolio management, is looking to boost growth by partnering with a new RIA aggregator.
Rep managing $464 million at Morgan Stanley joins Raymond James
Kevin Cooper heads Cooper Family Office Consulting of Raymond James in Boca Raton, Florida.
Helping suddenly rich clients stay that way
Morgan Stanley's private wealth management trains advisers to guide their clients through the peaks and valleys of first-generation wealth.
Morgan Stanley’s Parametric moves the wirehouse into ETF management
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
SEC pries into over 100 traders’, bankers’ phones in texting probe
The agency has been sending firms lists of key positions including heads of certain investment banking teams or trading desks.
Global stock slump may not be over
A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet.
S&P 500 ready to join bear market, says Morgan Stanley
Investors struggle to find havens amid fears of a recession and aggressive tightening by the Federal Reserve.
Morgan Stanley duo managing $380 million goes indie with LPL
Chad Keeler, Brock Rouch set up Platte River Private Wealth in Casper, Wyoming.
Former Morgan Stanley adviser accused of Ponzi scheme in SEC suit
Shawn E. Good, from Wilmington, North Carolina, had clients send funds to his personal bank account to supposedly make low-risk investments in real-estate development projects,
