Morgan Stanley’s Strategy Pays Off
Morgan Stanley’s Wealth Management Bet Pays Off
Morgan Stanley is headed by an alumni of McKinsey. This week Wall Street was surprised by the results of Morgan Stanley’s well executed strategy, one that considered its core competencies, as well as, regulatory, compliance and economic environment post the quake of the 2008 financial crisis and placed its strategic bets on wealth management. As per its 2014 first quarter adjusted income this forethought is paying off.