There’s a $100,000 minimum for most equity, balanced and fixed income accounts in Morgan Stanley’s Fiduciary Services program. The firm offers a variety of account programs, each with different account minimums and for varying levels of investment experience. Morgan Stanley Wealth Management serves both high-net-worth and non-high-net-worth individuals, as well as banking or thrift institutions, pension and profit-sharing plans, charitable organizations, government entities, insurance companies, businesses and investment clubs. Morgan Stanley Wealth Management Client Types and Account Minimumsini The affiliated brokerage portion of the business still operates under the name Morgan Stanley Smith Barney. The investment advisory division had changed its name from Morgan Stanley Smith Barney to Morgan Stanley Wealth Management in 2012. In 2013, Morgan Stanley completed the purchase of the joint venture, becoming the full owner of the massive wealth management franchise. In 2009, Morgan Stanley Wealth Management merged with Citigroup’s Smith Barney to create Morgan Stanley Smith Barney. Though Morgan Stanley as an investment bank has served clients for more than 80 years, Morgan Stanley moved into wealth management in the 1970s. Morgan Stanley Wealth Management Background It operates in all 50 states, plus Washington, D.C. Morgan Stanley Wealth Management offers a range of services, including wealth planning, investment management, estate planning and IRAs and other retirement solutions. The division serves individuals, families, businesses and institutions. Morgan Stanley Wealth Management is the wealth management division of the investment bank Morgan Stanley.
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