Morgan Stanley

Firms like Morningstar and Morgan Stanley that recently rebooted their chatbots with AI models are finding it's transforming how clients and advisors engage chatbots. Is the industry missing an opportunity for growth with their chatbots?

Firms' aggressive pursuit of repayment of recruiting loans is likely a reflection of how massive some recruiting deals have become in recent years.

James Gorman will step down as Morgan Stanley chair at year end, concluding an era in which the firm nearly failed before evolving into a wealth management leader.

Arbitration panels and courts have already shown openness to arguments that deferred compensation is protected under federal retirement law.

Industry experts who track comings and goings at large firms say the advisor staff figures often obscure more than they reveal.

Morgan Stanley CEO Ted Pick downplayed the importance of government investigations into potential money laundering issues involving wealth management clients. "We've been focused on our client on-boarding and monitoring processes for a good while," he said.

The firm's wealth management business saw strong new assets inflows in the first quarter, particularly from its business catering to family offices.

The SEC, the Office of the Comptroller of the Currency and other Treasury Department offices arre all looking into the Wall Street giant's anti-money laundering measures.

FP's annual ranking displays the impact of big one-time awards for four executives and a look at which chiefs netted the biggest increases and decreases in 2023.

The lawyers representing the claimants in a recent FINRA arbitration case say they have scores of clients still seeking to secure pay they contend they're owed after departing for another firm.

Alison Nest says wealth managers can play a particularly useful role in helping investors navigate the intricacies of private equity, private credit and similar investments.

Jeff McMillan will be in charge of marshaling the firm's investments in artificial intelligence to drive efficiency.

UBS receives praise for diversification outside the U.S., particularly in Asia.

A lawyer says the industry has been on notice at least since the "Boom Boom Room" scandal of the 1980s that hostile workplaces won't be tolerated.

The wealth management giant sees piles of cash waiting "on the sidelines" as a way to boost assets under management and profit margin.

Christopher Armstrong and Randall Kiefner question an arbitration ruling finding they owe Charles Schwab nearly $3 million.

The eliminations will affect the firm's largest segment — which new CEO Ted Pick says is still the engine of the firm.

Wells Fargo's Charlie Scharf and Morgan Stanley's James Gorman recorded the biggest gains among the CEOs whose compensation has been disclosed so far.

The online brokerage sees its popular talking babies ads as a way to get tens of millions of viewers to think about how they might put their money to better use.

A Republican running for the U.S. House accused the Wall Street powerhouse of violating its own rules by not letting her step aside to conduct a campaign. A FINRA panel agreed.