James Gorman, Morgan Stanley’s new president and chief executive officer, has outlined some ambitious targets for its global wealth management division, which includes Morgan Stanley Smith Barney.

Speaking at the Morgan Stanley [MS] U.S. Financials Conference in New York Tuesday, He presented the firm’s global wealth division as the number one in the market in terms of the number of advisors (18,135), client assets ($1.6 trillion), revenues ($3.1 billion) and number of advisors on Barron’s Top 100 list (31).

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