Morgan Stanley’s net recruiting number is again an “important metric” and will move “much closer to zero” this year versus its historical negatives, CFO says.
Brokers on Thursday have been delayed or are unable to view client contact data and holdings through their workstations due to vendor hardware issues.
Chicago broker dismissed from Morgan Stanley’s private client unit after he was pictured in an inappropriate social media posting lands at Raymond James’ high-net worth Alex. Brown unit.
Credit Suisse loses attempt to vacate arbitration decision requiring it to pay more than $400,000 of former brokers’ lawyer fees.
Separately, UBS hired a novice broker to supplement a big Boston team and nabbed a bank-based broker in Ohio.
Citigroup Inc. will resume job cuts starting this week, joining rivals such as Wells Fargo & Co. in ending an earlier pledge to pause staff reductions during the coronavirus pandemic.
Nationally ranked advisor Ira Mark, one of the biggest producers in RBC Wealth’s New York City complex, returned to Morgan Stanley with five associates.