Morgan Stanley
Recruiting Loans Climb at Ameriprise, LPL
Ameriprise recorded a 10.8% year-over-year increase in forgivable recruiting loans in 2020, while LPL’s loan balances climbed 24%.
Morgan Stanley’s Recruiting Loan Balance Jumps Back Above $3 Billion
The firm’s employee loan balance rose for the first time in eight years as it has jumped back into veteran broker recruiting.
Finra Dings Ex-Morgan Stanley Broker in Los Angeles over Expense Lapse
Advisor and local restaurateur Kerry Moy accepted a two-month suspension and $5,000 fine for allegedly including the wrong names of attendees on business meals when seeking reimbursement.
Morgan Stanley Faces $5 Million Claim from NBA Star Chandler Parsons
The filing appeared on the record for a California broker and managing director who is part of Morgan Stanley’s Sports and Entertainment Group.
Merrill Lifer and His $4.4-Mln Alabama Team Jump to Morgan Stanley
Robert Runkle left for Morgan Stanley on Friday after 38 years with the Thundering Herd.
Wells Fargo Lures $3.9-Mln N.J. Team from Morgan Stanley
Group led by Stan Alpert and Gregg Kaufman had overseen $725 million in assets at Morgan Stanley.
Billion-Dollar Florida Broker Ousted from Morgan Stanley to Join RayJay
Richard Altieri, a Chairman’s Club producer pushed out last week over alleged procedural lapses, has agreed to join Raymond James’ employee branch channel.
Finra Bars Morgan Stanley Veteran Fired over Inherited Accounts
Broker who was discharged after 23 years for failing to share account credits with retired advisor gets lifetime bar from regulator.
Morgan Stanley Said to Usher Out Long-Tenured Advisor in Texas
Unexpected departure of Dallas-area broker whose team produced around $3 million appears related to unapproved outside business activities, sources said.
Wire Wars: UBS Loses $3-Mln Broker to Morgan Stanley, Hires Merrill Trio in TX
UBS broker in New Jersey managing $460 million returns to Morgan Stanley after 11 years.