Posts Tagged ‘retail brokerage’

Did Morgan Stanley Finally Dump Dean Witter?

Wednesday, June 3, 2009 17:25 1 Comment

The Morgan Stanley Smith Barney deal is now official.  The new wealth management firm officially launched this week and has more than 20,000 financial advisors with $1.7 trillion in client assets. The firm has been formed through a joint venture between Morgan Stanley and Citigroup. Morgan paid $2.7 billion for a 51% stake in the [...]

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