Morgan Stanley now gets more than half of its revenue from more consistent wealth and investment management business. The bank wants to grow to $10 trillion in client assets long-term. Morgan ...

Morgan Stanley’s wealth management franchise is robust ... pushing more client assets into advisory accounts that charge annual fees; selling more alternative investments, which can be pricey ...

Morgan Stanley’s wealth management business reported net ... about $5.3 billion for the quarter on the backs of asset management fees, but was slightly offset by the bank’s own dip in NII.

Morgan Stanley will reportedly slash several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm’s new CEO Ted Pick. The company plans ...

Morgan Stanley continues to be buoyed by its giant wealth management business, reporting Tuesday that it saw record net revenue of $24.4 billion in wealth management last year, a year-over-year ...

Morgan Stanley MS-1.01%decrease; red down pointing triangle plans to cut several hundred jobs in its wealth-management division as new Chief Executive Ted Pick seeks to rein in costs in an area ...

They can put more of their dollars to work with management fees off the table.” E*TRADE serves as one of three core client channels within Morgan Stanley Wealth Management, spanning Advisor-led ...

Morgan Stanley’s wealth management arm is being probed by multiple regulators, the Wall Street Journal reported Thursday, citing people familiar with the matter. The Securities and Exchange ...

Morgan Stanley reported a nearly 15% annual ... downs of investment banking and rely more on the steady fees generated by wealth management. It's a pivot that one of its biggest Wall Street ...