Morgan Stanley Wealth Management
| ' | |
| |
| Founded | 2012 |
|---|---|
| Headquarters | New York, NY |
| Key People | James Gorman, CEO, Chairman; Greg Fleming, President |
| Products | Brokerage, Wealth Management |
| Website | https://www.morganstanleyclientserv.com/ |
Morgan Stanley Wealth Management is the brokerage and asset management division of investment bank Morgan Stanley.[1] The company announced on September 25, 2012 that it would be changing its name from Morgan Stanley Smith Barney to Morgan Stanley Wealth Management. [2]
History[edit]
The company traces its roots to 1873, when Charles D. Barney founded the company that would eventually become Smith Barney.[3] Smith Barney would eventually become part of Travelers Group, which Sandy Weill merged with Citicorp in 1998 to form Citigroup, Inc..
In 2009, Morgan Stanley Smith Barney was created from a global merger of Citi Smith Barney and Morgan Stanley's wealth management business. [4]
In September 2012 the company changed its name to Morgan Stanley Wealth Management.
Products and Services[edit]
The firm provides the traditional functions of wealth management - financial planning, portfolio management, trust and advisory services, specifically for high net worth individuals.
Key People[edit]
- James Gorman, CEO, Chairman of the Board
- Greg Fleming, President
References[edit]
- ↑ Morgan Stanley Smith Barney is Now Morgan Stanley Wealth Management. Morgan Stanley.
- ↑ Goodbye, Smith Barney: Morgan Stanley Wealth Management Starts Tues.. Wall Street Journal.
- ↑ Smith Barney Name to Join Wall Street’s Dustbin. New York Times Dealbook.
- ↑ Our History. Citi.