Morgan Stanley’s Wealth Unit Reels in $135B in Net New Assets

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Morgan Stanley may no longer disclose advisor headcount as part of its quarterly earnings report, but CEO James Gorman is still keeping score.

“We have a weekly report I get every Friday night at about 7:15 p.m.,” Gorman said during his firm’s Oct. 14 earnings call. “It shows who we recruited, what their assets were, and their 12-month trailing production.”


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