July 7, 2011— -- A few days ago, a friend of mine received several letters dated June 24, 2011 from Morgan Stanley Smith Barney, where he has kept brokerage accounts for himself and his children ...

A former Morgan Stanley broker and investment advisor has been barred from the securities industry for allegedly stealing more than $58,000 from four customer accounts, according to a Securities and ...

(Reuters) - Morgan Stanley said on Monday it had fired a financial adviser who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online.

Morgan Stanley Smith Barney LLC has agreed to pay a $15 million penalty to settle Securities and Exchange Commission charges for failing to prevent four financial advisors from stealing millions in ...

Big wealth managers know that one of the best ways to hold on to advisory teams and assets under management is to make sure they have multiple business relationships with clients. A customer who has ...

A former vice president and advisor with Morgan Stanley pleaded guilty to stealing about $1.7 million from his mother and mother-in-law (who were also clients) over the course of 10 years, according ...

The change comes after Wells Fargo said its wealth management unit had increased the interest it pays on client cash. Morgan Stanley is the latest wealth manager to say it will increase the interest ...

The months long concern over interest rates that broker-dealers pay on cash clients hold in investment advisory accounts took another turn this past week, with Morgan Stanley on Monday revealing that ...

Forbes contributors publish independent expert analyses and insights. Jack Kelly covers career growth, job market and workplace trends. Morgan Stanley's wealth management division, which serves high ...

A Morgan Stanley advisor is taking the firm to court over millions in income he says he's lost amid anti-money laundering concerns. Processing Content Rodney Halvorson contends in a petition filed on ...