by Patrick M. Kelly | Aug 22, 2012 | Financial Services Industry
As one of its last steps in integrating the 2009 merger of the Morgan Stanley with Smith Barney brokerages into a single entity, the number of complexes in the organization will be cut from 118 to 86 and the ranks of non-producing managers will be slashed from 150 to...
by Patrick M. Kelly | Aug 20, 2012 | Technology
Can Knight Capital recover after suffering massive losses when a software glitch sent out a stream of unintended trades? Although saved from total collapse by $400 million of new capital from a consortium of private equity funds and several investor groups including...
by Patrick M. Kelly | Aug 16, 2012 | Financial Recruiting Industry
Morgan Stanley Smith Barney is executing one of the last steps in the larger reshaping of its business, slicing the number of complexes in its financial advisor organization from 118 to 86, and cutting its non-producing manager ranks almost in half – from about 150 to...
by Patrick M. Kelly | Aug 16, 2012 | Technology
The platform, called “3D” based on its “multidimensional design” is designed to let the firm’s 17,000 financial advisors do everything from trading stocks and picking fund managers to helping clients manage their risks. It’s a supposedly state of the art system...
by Patrick M. Kelly | Aug 10, 2012 | CFP Certification
CFP Board of Standards commissioned Alite Group to conduct a “satisfaction” study to quantify the effect that the certification can have on an advisory practice and the quality of advice that clients receive.* Bottom line, the “satisfaction” level clients have with...
