Morgan Stanley has directed key media outlets to contact its ad agency if they write stories about the company, and if they can't get through in time, to yank its ads for at least 48 hours, according to the May 16...
Recruiting competition between the top brokerage firms is fiercer than ever, and Morgan Stanley is currently wielding one of the most powerful deals on Wall Street. Known as the Rising Star program, it offers young...
Patrick Horan, CEO of Horan Capital Management in Towson, Md., ran some numbers on the referrals he gets from custodian Charles Schwab today versus three years ago. He didn't like what he found. Not only has the...
Under a recent Department of Labor (DOL) directive, revenue-sharing arrangements between mutual funds and advisors to employee benefit plans are likely to remain in place. However, they will no longer be used to pad...
Morgan Stanley has inserted language into its advertising contracts with key media organizations: If you write “objectionable” stories, don’t run our ads for a minimum of 48 hours, according to the...
Morgan Stanley’s embattled CEO Philip Purcell tried to shore up shareholder support and squelch the almost daily flood of media speculation over the firm’s future Tuesday with his first public address...
Joel Marks is in a race to get big before he gets crushed. Marks, vice chairman and COO of independent broker/dealer Advanced Equities in Atlanta, more than tripled the size of his independent advisor force with two...
Anyone wondering whether the regulators had lost interest in mutual fund marketing need wonder no more. With the SEC and NASD recently levying more than $80 million in fines to five firms (for transgressions related...
