60 Days to Decision Day

Hintze, John
August 2009
Securities Industry News;8/3/2009, Vol. 21 Issue 17, p1
Trade Publication
The article reports on the plan of joint venture Morgan Stanley Smith Barney (MSSB) to finalize major operational and technology integration decisions. MSSB has made efforts to involve managers from both sides in the integration. The joint venture intends to make significant enhancements to their client relationship management software. It details the challenges facing MSSB in integrating the brokers.


Related Articles

  • Morgan Stanley Smith Barney Starts Merging Client Accounts. Threlkeld, Tom Steinert // On Wall Street;Apr2012, Vol. 22 Issue 4, p15 

    The article highlights challenges facing Morgan Stanley which brought 10% of Smith Barney customer accounts numbering about 725,000, over from their digital homes on Citigroup information systems. With a smooth transition, the article reported two larger switches to the combined Morgan...

  • US broker fined £287,000 for trading breach. Salih, Chris // Fundweb;8/17/2012, p17 

    The article reports that Morgan Stanley Smith Barney LLC, a joint venture between Citigroup and Morgan Stanley, has been asked by the Financial Industry Regulatory Authority to pay a fine of 287,000 pounds for allowing one of its traders Jared Weinryt to build a position in excess of the...

  • Morgan Stanley, Citi Strike Deal on MSSB. Levaux, Janet // Research;Oct2012, Vol. 35 Issue 10, p11 

    The article focuses on the purchasing of the stakes of Morgan Stanley Smith Barney LLC (MSSB). It informs that there has been a dispute between Morgan Stanley & Co. Inc. and Citigroup Inc. over the value of the joint venture of MSSB. It further informs that according to Citigroup, the value of...

  • Morgan Stanley Gets Approval To Buy Rest of Smith Barney. LEVAUX, JANET // Research;Aug2013, Vol. 36 Issue 8, p9 

    The article informs that the financial service firm Morgan Stanley Smith Barney LLC has got approval to buy 35 percent stake of its joint venture from a financial services firm Citigroup Inc. It mentions that chief executive officer (CEO) James P. Gorman discusses various benefits of ownership...

  • Defining A Firm's Label, Where Do You Fit In?  // On Wall Street;Jul2010, Vol. 20 Issue 7, p36 

    The article discusses the different types of firm labels such as wirehouse, regional and boutique. The term wirehouse is exclusively used by the largest brokerage firms like Morgan Stanley Smith Barney, Bank of America Merrill Lynch and Wells Fargo. Regional have a more open minded business...

  • COMPENSATION 2010. Kearney, Helen // On Wall Street;Mar2010, Vol. 20 Issue 3, p22 

    The article discusses the compensation scheme for advisors offered by some firms. It cites the combination of two cash grids by Morgan Stanley Smith Barney which resulted in higher payout with 45% given to advisors producing more than 2.5 U.S. million dollars and 44% for those within the 1...

  • Breakaway Brokers Say Independence=Integrity.  // American Banker;11/1/2010, Vol. 175 Issue 167, p7 

    The author reports on the practice of stock brokers leaving their positions at full-service brokerage houses to work at independent houses. Brokerage houses that have lost employees include UBS Wealth Management Americas, Wells Fargo Advisors LLC and Morgan Stanley Smith Barney LLC. Reasons why...

  • Morgan Stanley and Citi form largest US brokerage. Anand, Samecra // FinanceAsia;Feb2009, p22 

    The article reported on the joint venture Morgan Stanley Smith Barney, which was created by Morgan Stanley and Citigroup Inc. Under the deal, Morgan Stanley, which would control four board seats, was expected to own about 51% of the business, while Citi would own 49%. The deal also requires...

  • THE BIG COMEBACK. Gleeson, Jerry // Registered Rep;Dec2010, Vol. 34 Issue 12, p26 

    The article presents the findings of the periodical's 20th Annual Broker Report Cards survey of full-service brokerage houses and wealth management firms in the U.S. Based on the survey, it is revealed that UBS Financial Services was able to improve its rating while Morgan Stanley Smith Barney...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics