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Morgan Stanley 'Drops' MSSB
[ by Melanie Gretchen ]
Morgan Stanley: What better way to make a name for yourself than to start by creating a new name for yourself? The firm's U.S. wealth management business, previously called Morgan Stanley Smith Barney, has been renamed Morgan Stanley Wealth Management.
The business provides access to a wide range of products and services to individuals, businesses and institutions. This includes:
- brokerage and investment advisory services
- financial and wealth planning
- credit and lending
- cash management
- annuities and insurance
- retirement and trust services
Since the inception of the joint venture between Morgan Stanley and Citigroup, Morgan Stanley has been making steady progress on acquiring the rest of MSSB [see our Who's News story, "Could Morgan Stanley Own Smith Barney By Year's End?"].
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