In his first earnings call with analysts, new Morgan Stanley CEO Ted Pick declared his financial advisor bona fides, saying that his family's roots in the wealth management business balanced his ...

His pay for 2024 consisted of a $1 million base salary ... January this year. Morgan Stanley credited Saperstein in the proxy statement for a year that saw the wealth management division's ...

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’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 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 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 ...

Industry recruiters say it's likely thoughts along those lines that have the Wall Street giant Morgan Stanley embarking on a reorganization of its star wealth management unit. According to a ...

Pick beat out two other CEO contenders: Co-President Andy Saperstein and Dan Simkowitz, who has led investment management. Morgan Stanley said Wednesday that Saperstein will become head of wealth ...

Jed Finn is set to lead Morgan Stanley’s wealth management division, reporting to its recently named co-president, Andy Saperstein, who made the announcement in a memo to employees on Monday. Finn, ...

Transactional revenue plummeted and total client assets fell, but the wealth management unit still brought in $52.9 billion in net new assets. Morgan Stanley’s wealth management business took a ...

NEW YORK, Nov 19 (Reuters) - Morgan Stanley (MS.N), opens new tab is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare for a revival of ...