Morgan Stanley Adds 9 Merrill, Wells & JPMorgan Advisors
In addition, the wirehouse says it has picked up 10 UBS reps in past 5 weeks.
Morgan Stanley Grabs 4 From Merrill, Wells
The new advisors come on board in the Midwest with about $3.7 million in yearly fees and commissions.
Top Posts at Broker-Dealers See Big Changes
LPL, Morgan Stanley and Raymond James all announced big moves recently.
Morgan Stanley CFO Passes on Treasury Post: Reports
Ruth Porat did not want to go through what Jack Lew did in the confirmation process, sources say.
Morgan Stanley Grabs Merrill IT Exec
Chris Randazzo leaves BofA to support Gorman and team's $500 million technology push.
New Hire Roundup: Former COO Nides Returns to Morgan Stanley
This week in new hires, Tom Nides rejoined Morgan Stanley, Rob Brown went to United Capital and Vanguard announced several investment management changes.
Wirehouses Boost Wealth Results
Bank of America reported a 63% drop in net income for the fourth quarter of 2012.
Morgan Stanley Nabs 5 UBS Advisors
The latest recruits should come on board with about $750 million in assets and nearly $5 million in yearly production.
Wirehouses Roll Out ’13 Comp Plans
After getting feedback from top advisors, Morgan Stanley said in December that it will share a new stock-ownership plan with reps in 2013.
Morgan Stanley at ‘Pivot Point,’ Says CEO, as Firm Tops Earnings Estimates
Gorman adds that he’s comfortable with the current headcount and that the wealth management unit has a pretax profit of 17%.