Morgan Stanley

In the latest clash after Morgan Stanley's exit from the Broker Protocol, the firm notched a win as the case heads to FINRA arbitration.

Reforms obtained by settlements of past class-action suits have "utterly failed," the new lawsuit contends.

Investors are increasingly focused on fees, and the problem for Wall Street is that there’s nothing it can do that Vanguard can’t do more cheaply.

The two declined to cooperate with investigations into allegations that they engaged in undisclosed outside business ventures.

Morgan Stanley and one of its advisors were ordered to return the entrepreneur's investment in two private placement funds totaling $536,000 and pay him $37,500 in compensatory damages.

Advisors such as Greg Hersch have long found professional fulfillment by leaving wirehouses to start their own firms. But will they soon find that path cut off?

The firm sought to clarify circumstances surrounding the departure last month of former Congressman Harold Ford Jr.

The former underdog is settling into its role as one of Wall Street's more well-balanced firms.

Wealth management has “only increased in relevance as it’s continued to grow,” CFO Jon Pruzan said.