$700M Morgan Stanley Team Moves to Raymond James Indie Group
Steward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
Morgan Stanley Taps New Chief Stock Strategist
The decision follows the departure of an executive to a hedge fund.
Morgan Stanley to Pay $8M Over Inverse ETFs
SEC says the wirehouse failed to get signed disclosure statements from several hundred clients who bought the "typically unsuitable" products.
Raymond James Adds $5M Morgan Stanley Team
The four advisors switch firms with about $460 million in assets in Mt. Laurel, New Jersey.
New Digs for Morgan Stanley?
The wirehouse is reportedly looking to move its Times Square headquarters to 50 Hudson Yards, on the west side of Manhattan.
Morgan Stanley Grabs $4.6M Merrill Team
The recruiting news comes as the rival wirehouses take divergent paths with their post-fiduciary rule strategies.
HighTower Nabs $1B Breakaway Duo in New York: Recruiting Roundup
Meanwhile, RBC adds a pair from Merrill Lynch in Minneapolis with $1 million in yearly fees and commissions.
First Republic, Raymond James & RBC Grab Merrill Reps: Recruiting Roundup
Meanwhile, Merrill Lynch adds a $2 million-producing advisor from Morgan Stanley.
Wall Street Execs Raise Concerns About Trump’s Immigration Crackdown
Business disruption and diversity concerns are cited by the CEOs of Morgan Stanley, Goldman Sachs and JPMorgan.
Morgan Stanley to Cut Fees, Keep Commissions Despite DOL Doubts
While speculation about the fiduciary rule abounds, the wirehouse insists it will decrease conflicts of interest and redundant offerings.