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Financial advisors at Morgan Stanley can make from $97,000 a year on the low end to $475,000 at the top, according to various sources for data on advisor pay. These figures are for total ...
On January 13, 2009, Morgan Stanley and Citigroup announced that Citigroup would sell 51% of Smith Barney to Morgan Stanley, creating Morgan Stanley Smith Barney, which was formerly a division of Citi Global Wealth Management. The combined brokerage house has 17,646 financial advisors and manages $2 trillion in client assets. [1]
Morgan Stanley [4] is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City.With offices in 41 countries and more than 90,000 employees, the firm's clients include corporations, governments, institutions, and individuals. [2]
In 2010 [2] Fleming became president of Morgan Stanley Investment Management, [20] also joining its operating committee. [16] In 2011 he became president of global wealth management. [5] Fleming resigned from Morgan Stanley in January 2016, [19] continuing to lecture at Yale. [2] Fleming joined the board of Putnam Investments in August 2016. [22]
A former Morgan Stanley financial advisor has been sentenced to more than seven years in prison after admitting he ran a $7 million Ponzi scheme at the firm for more than a decade.
Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the Securities and Exchange Commission related to four financial advisers who stole millions of dollars of ...
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