Morgan Stanley

Non-disclosure agreements and mandatory arbitration are part of what critics call a machine of silence that shields bad behavior from becoming public.

The group had been at their previous firm for 14 years.

Wealth management profits fell, but a steep rise in transactional business offset some of the decline.

Fixed-income trading revenue almost tripled, driving a 73% jump in total trading that surged past expectations.

Advisor Antoine Souma, who leads the group, had been with the wirehouse for just four years.

One recruit left an IBD to join the wirehouse.

The leaders Bowersock Capital Partners were academia-bound before discovering wealth management was their true calling.

They join a growing St. Louis branch that RBC opened in 2018.

Marylin Booker accuses the company of failing to support Black advisors and criticizes its use of mandatory arbitration to settle employee disputes.

While small deals are likely, CEO James Gorman said he’d be reluctant to take on a large-scale acquisition

Clients are gravitating toward the “biggest, stable institutions,” says Morgan Stanley CEO James Gorman.

The newly independent advisor oversaw $92 million in client assets.

One defecting advisor says she was lured by better technology and because at her new employer, “It’s about the people and not just the numbers.”

The firm's offerings will include a discount self-directed investing service, a team-based “virtual” advisory business and full-service financial advisors.

The alternative investing platform will service a total of $55 billion in client assets across 650 funds once the deal for its rival fintech closes.

The firm recruited only slightly fewer advisors than the year-ago period in very difficult economic conditions.

It’s one of several ways that the firm is working to keep growth plans on track.

Deposits increased by almost $30 billion in March alone, with clients shifting out of equities and into cash.

James Gorman is the first known case of a wirehouse executive contracting the virus.

They're following other firms that are delaying, shortening or going virtual as efforts to slow the crisis leave employees working from home.