is morgan stanley a good investment firm
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In 1882, Goldman's son-in-law Samuel Sachs joined the firm. What does this mean? I have worked in various locations such as Canada, Las Vegas, Italy, Monaco and Gibraltar and regularly work with board level executives. by Patricia Delorme, by David, What conflicts arise from this relationship? I called and emailed, then tried again but got bounced. by Michael, Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. I deal with Morgan Stanley Wealth Management in Cincinnati OH. Two weeks to divided an IRA into two inherted IRAs. I left in there. Finally, fed up with the fact that my ROI is significantly lower than with any other account I have, I moved to do a direct rollover to another company that offers electronic bank-to-bank--and then got a call from MS insisting that they would not release without a "wet" signature and paper forms sent by mail. 11/13/2020. Now the transaction history says it is settled, but I have no way of finding out where my money is. This could also limit the number and diversity of investment options available and may impact their transferability. The company that I worked for, for many years had our 401K with VanGuard and everyone was happy with their performance. Good joined Morgan Stanley in December 2012 as a broker and also served as a financial advisor, according to his report on the Financial Industry Regulatory Authority's website. So now I can wait a month or so to see what the next hurdle is that they throw at me. What does this mean and why is it important? (Columbus, Ohio & Brea, Calif) No fiduciary responsibility to client. If they are, they will have a trademark and the credentials after their name. by Washington State Skier, 1/9/2020Pros: Friendly,Knowledgeable, Responsive, Fiduciary relationship!Cons: NoneI get good service from the Ann Arbor MI Huron group. never calls and recommends to change, its up to you .I lost quite a bit of money. After that they leave your stocks to LOSE money. 8/29/2021, Cons: Lack of acumen beyond institutional research recitation, Mark Monroe is a charlatan wanna be options trader who cant even properly interpret his own proprietary research. Cons: Deception,Arrogance,Fabrication,Rudeness. by David, However, if you want personal investment advice, the company's $50,000 virtual financial advisor service is something . Buyer beware - Any idiot can throw a suit on, come on CNBC and say what they want. I will pursue this, I retired because I believed their financial advice. This data is then run through our proprietary scoring algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. 6/13/2022. BAD BAD BAD. What does this mean? Status: Student / Prospective Monkey. The larger Morgan Stanley is a publicly traded firm that formally opened its doors at 2 Wall Street in 1935. In total, Morgan Stanley manages $1.3 trillion in assets. When comparing Merril Lynch vs. Morgan Stanley, it's clear that both firms offer a wide range of investment services. Beware of these offices especially in dallas. Fidelity Investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. All of the requested information is in the roll-over form. I paid him 1.5% and he and Morgan Stanley did nothing to provide a service or make me money, but lose it. From October 2018 to January 2019 they let my accounts lose over 60,000.00!!! March 08, 2023. Definitely the worst broker Ive ever had. Categories of Top Investment Banks. Don't ever use Morgan Stanley IRA if you ever want to get your money out. With an annual management fee of 0.30 percent, Morgan Stanley falls in the middle of the range for robo-advisors. And no one was held responsible or arrested for their actions. Morgan Stanley does business with governments, individuals, and large corporations across several financial segments, including wealth management, securities trading, investment banking, commodities, annuities, insurance, cash management, and prime broking. I know appalling customer service when I come across it because I have received exceptional customer service before. Lowlifes, by John Meek, 1/25/2023, by David Opas, While Morgan Stanley advises clients across a variety of portfolio sizes, the average client balance is currently $614,304. I told them to sell/pull back. When my mom passed and left me some blue chip dividend paying stocks, I was advised to sell them and invest in Templeton World Fund with a 5.5% front load that has turned out to be a horrible investment over the decades I've held it. Our partners compensate us through paid advertising. These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. What does this mean? No hassle. What does this mean and why is it important? Will any of my assets be invested in those products? At that time I had unpleasant words with the broker, since I had been trying to get a hold of them when the markets were up and got no response until after markets crashed. What does this mean and why is it important? My employer's 401K requires a rollover form to be completed. However, they deposited the "After Tax Funds" into a Traditional IRA account instead of a Roth IRA account..which meant that upon withdrawal of those funds I will now incur additional tax liability. Did nothing but ignore me during this disaster. . At a firm level, Morgan Stanley has established procedures Just today, they said the US markets are going to go down 10% because that is what usually happens every year - no analysis, no logic, no thought! None unless you like slow response times and NON-Fiduciary service. What does this mean? Only use Morgan Stanley if you do not want to see your money again. What does this mean? The chances are that in researching investing for the future, you've come across these two brokerages and are wondering which is best for managing your funds. After Morgan Stanley made their commissions on me, I never heard from them for over 30 years. and 32% believed that sustainable investing was a good investment approach for 2016 and beyond. "This is not only fraud, there is literally no reason to select this ridiculous option because it takes 4-5 business days without the asinine $25 fee! June 16, 2020. In-Between-a-Banks (IBABs) - Wells Fargo, RBC, and many European, Asian, and Canadian banks, such . I had an "out of body experience", but then again, there will be many of those firsts when you deal with Morgan Stanley, anything goes! As the sweeps from Charles Schwab have now stopped, I have no way of checking the accounts for activity. I called and called, but he would not talk to me or send it. I am promised call backs which never transpire. Morgan Stanley manages $1.3 trillion and provides investment advisory services for 2,135,641 clients (1:105 advisor/client ratio). If they can't protect your personal data, a core requirement of any financial institution, how can you trust them??? Investment management: Morgan Stanley Wealth Management offers an extensive lineup of options to manage portfolios, each targeting a slightly different need or audience. This is a modest account, yet Morgan Stanley gives me more trouble than any of my high dollar accounts. They will tell you any thing you want to hear and then not do it. by Ron bursten, The market was having problem and I wanted to roll the accounts into a different account, which I was told from the very beginning could easily be done. 2023 Reink Media Group LLC. Some firms receive these fees as payments, which creates an incentive to promote them. Again, many things were wrong. Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Even spending hours on the phone with new brokerage firm on the phone with Morgan Stanley I still do not have my rollover. It is now up to the legal system to address.This is the worst of the worst. I was desperate to stop losing large amounts of money and stress, because he did not listen to me 1,2, and 3 months prior. Why doesnt your firm use a secure website? Firms having met these requirements may further elect to participate in the investor.com Certification program for an annual fee paid to investor.com. We paid capital gains taxes last year even though our account was down 15%. i told them not to buy or sell anything and he actually said he could empty out both my checking accounts and buy and sell whatever he wanted. along with ALL bills for each month, explained how much was needed per month. Appearances can be misleading and malicious. Morgan Stanley, registered in 2009, serves 51 state(s) with a licensed staff of 20,400 advisors. What does this mean? If markets lose or poor decisions are made it never there fault! 2 on its list of the nation's top 40 wealth management firms, after Bank of America Global Wealth and Investment Management. Questions to ask 7/18/2018. 12/19/2022. If they are not responding they are losing all the legal documents provided to them. Here are the rough categories: Bulge Bracket Investment Banks (BBs) - JP Morgan, Goldman Sachs, and Morgan Stanley; Bank of America Merrill Lynch and Citi; Credit Suisse and Barclays; Deutsche Bank and UBS. . He didn't leave me a voice message. They deleted my middle name and changed every single thing I had answered. When I received the check it was for $37.55, I called the broker back thinking it was an error and was told the company I worked took their money back they had put in $120, the remainder of my money was taxed at 30% and I had to pay an early termination fee of $50 and an annual fee of $70. I am done with my daily calls. We are no better off than we were in 2009 when the US bank industry failed. I was saying that I will move my money to Fidelity, and he closed my account on his own? What does this mean and why is it important? Firm or an affiliate actively engages in business as a law firm or lawyer. I keep telling my wife to liquidate this account and invest with any other financial institution. He said he "CLOSED" my account! I would call him and he was always out of town on vacation or at the gym working out and had no time for me. Morgan Stanley Wealth Management's pros. Absolutely the worst broker experience i've ever had. Earnings pay my monthly withdrawal, and pays the fees while growing. The SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. Almost there. Analyst. Although I did not switch to the third one, these were true statements that I was unaware of. Cons: Incapable idiots like Adam Jonas calling themselves analysts. Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit . And the nerve of this guy, posting social media pictures of his trips to Bali, etc.I switched to Vanguard and I pay about $3000 a year for a great service. Morgan Stanley -- A great value investment. They are charging monthly fees to her account. Which securities does your firm trade for itself that it will also be recommending to me? . We repeatedly wrote letters requesting changes. 6/28/2018. This also means that they must conduct their business in an ethical manner and in the client's best interest or they will be liable. It is not July 13th & I had just received confirmation, for a third time, that I would receive my money within two days into an account I did not originally register for the money to go into to begin with. Pros: Received an apologetic call after six weeks. I have a traditional IRA with Morgan Stanley. The company pioneered the use of commercial paper for entrepreneurs and joined the New York Stock Exchange (NYSE) in 1896. Noting asked. Could get the same treatment at the used car lot. by Anonymous, What does this mean and why is it important? But attorneys representing Good's former clients have said the New York-based . We believe in treating clients like family - we provide only advice we strongly believe in . The only answer was "We must have sold some mutual funds". What percentage of income does your firm receive from fees versus commissions? Morgan Stanley offers no assistance, and offered their first unresponsive contact after six weeks. The only good thing I can say is they are better than UBS. Investment Banking Associate salaries at Morgan Stanley can range from $53,758 - $275,000 per year. Friendly,Knowledgeable, Responsive, Fiduciary relationship! After all, there are no prizes for going it alone. Morgan Stanley has been extremely slow to respond and the release of the funds has been tied up in Morgan Stanley red tape which exists for 2 reasons, one to further limit Morgan Stanley's liability and to slow the process of the release of the funds so they can hold onto it longer and glean further profits. Customer reviews could be edited by the website staff to keep TopRatedFirms.com free of inappropriate or offensive language, I had three. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. I have been trying to resolve an estate issue without success for months. These salesmen are the worst people on earth. I got a letter in the mail in July of 2020 from Morgan Stanley that stated that they had decomissioned an old data center in 2016 and that my personal account data had been turned over to a third party because they neglected to delete the UNENCRYPTED personal account data (ssn, dob, name, address, etc.) What does this mean and why is this important? For the most up-to-date information, please view the applicable SEC and FINRA reports above. After a hard sell, I decided to let the Wolfslau group handle my retirement accounts in 2017 to reduce the amount of time I needed to spend managing my money. This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. If you are thinking of changing brokerages, make sure that you download all of your historical documents and turn on paper statements before making the change. All rights are reserved. When I brought this to their attention, their response was that they couldn't make changes once the funds were deposited and that I would need to hire a "Qualified Tax Professional" for advice on how to handle this additional tax liability that they had caused.I escalated this matter through their entire executive management team and even their legal counsel and their only response was to somehow blame me for their error.Just look at the extremely high percentage of "1 Star" ratings from the other customer reviews and you'll know that investing in Morgan Stanley Wealth Management is a terrible idea and a losing proposition. Written by investor.com. They basically matched the market and my accounts were up about 8%, then the market turned down at the end of 2018, my accounts lost 12%. Firms that earn a 4.5 or 5 star rating are also eligible to receive the "Trusted by investor.com" badge. I've been told that's not good investment advice for a 28 year old. . The fees are outrageous. In my humble opinion, stay away from Morgan Stanley! . Calling this guy and the rest of the company great apes is an insult to the great apes, because they are way more intelligent than these idiots. My sister has hired a lawyer to work on our behalf to get the other account placed into the trust. SPECIFICALLY the PRESTON PLAZA DALLAS OFFICE! For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. by Linda L, Power today released its 2021 rankings of full-service investment firms, with Edward Jones topping the rankings with an overall customer satisfaction index score of 770 (on a 1,000-point scale), 10 points better than second-ranked Stifel. Recently I transfered my accounts from Morgan Stanley managed accounts to Charles Schwab. Any data inaccuracies, please contact our team. Here's how we make money. Disclaimer: TopRatedFirms.com reviews of companies is our personal opinion. Questions to ask Copyright 2010-2023 TopRatedFirms.com. They wanted to give me a new employee for a $1 million dollar account. Fidelity, RBC and UBS tied for third with 751 points, followed by Ameriprise (746), Morgan Stanley . Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Just was notified a week ago. U.S. banks: analyst, associate. Use caution when dealing with them! Online search gives me no hint. 5/25/2019, Cons: Extremely difficult (impossible?) Fidelity offers a minimum deposit of 100 while Morgan Stanley Wealth Management have a 100 minimum deposit. Cons: Customer service reps lacking in authority and knowledge. I emailed someone else who was working with my broker at MS and he said the broker has left MS and they will be reassigning me someone soon. 8/26/2018. I hope this helps others in there search for HONEST FIRMS. Prior to requesting the check, I participated in a conference call with my Morgan Stanley Account Exec and my Employee 401k plan administrator. When? Cons: Compromised accounts with questionable motives. Choose Morgan Stanley at your own peril, and see your money dwindle while they fail to sort out your login details for their trading platform. by njgfeyvvf, I have called them multiple times and they still can not add me as a Third Party Manager for my wife's account. 2/23/2018. I've been told that's not good investment advice for a 28 year old. Charles Schwab and Morgan Stanley are leading firms in wealth management and investment. (WAS IGNORED) I complained and accounts were terminated by SUNNY PATEL and MARIA NICHOLAS. Then, Morgan Stanley said that I need a "Letter of Acceptance". Morgan Stanley's PE ratio is 12.77. Questions to ask Morgan Stanley, registered in 2009, serves 51 state (s) with a licensed staff of 20,400 advisors. Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. Read through our introductory course to financial advisors. From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 87 years. From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 87 years. He is very knowledgeable and I trust him a lot. When he finally moved it, the market was at the bottom of the tank and coming up the next week. The app and site feel 10 years old and antiquated. I was assured that she would have the funds transferred out of my mom's account into the temp accounts they setup for the division of the assets and then transfer to the end accounts. Never using them again. If I have questions they get answered. With its exceptional educational materials, Fidelity is also an attractive option for people who want to make informed investment decisions. What does this mean? FINRA data last verified February 06, 2023. In 1885, Goldman took his son Henry and his son-in-law Ludwig Dreyfuss into the business and the firm adopted its present name, Goldman Sachs & Co. I send the secretary and email asking for the status. A different excuse is given each time: someone was on vacation to they have no idea why it is not resolved. The investment bank, a giant in wealth management with $4 . My father died in May of 2017 and my mother was 97 at that time. It makes me very sick to my stomach. It will happen again guys. What does this mean? Morgan Stanley is the world's largest wealth management firm and has almost 16,000 FAs, 60,000 employees, and operations in 42 countries. by Disgusted, And then she tells me that she has to have documents signed and speak to my wife because she is on the account. I was going to use these people to manage my money but after dealing with them and having them "lose" paperwork and be unwilling to follow the law and, after reading all these reviews, I will not. Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. When operating in this dual capacity, advisors may be incentivized to implement plans as an attorney that could drive higher revenue for themselves as investment advisors. Cantor Fitzgerald . I chose the option to send my proceeding to a Morgan Stanley account. After 1 month of back and forth, Morgan Stanley still has my money. The agent asked all kinds of questions that seemed unnecessary before finally opening an account. This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. They wanted to charge me $150 a year for account fees and financial advice and even though I never spent a week with them, they slow played enough that cost me $5,400. I could not believe he did this. Everything I told him was ignored, and he did not open my account, but waited until after the corona virus tanked the market and then opened my account, although allowing the congressmen to cash in theirs. With respect to such information, investor.com cannot and does not independently verify, audit, validate, assess or guarantee the adequacy, accuracy, or completeness of such information; such information is not included or otherwise incorporated within investor.com's Trust Score algorithm or review process. In that time they have done NOTHING with my account except take their cut. A Self-Regulatory Organization has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. JP Morgan has also created a cadre of vice chairs, which include its most senior client-facing bankers. 3/18/2018. Investment firms faced considerable losses due to technical glitches. I went to another financial institute that agrees with this. Morgan Stanley was the biggest holder of the top 10 stocks traded by Archegos at the end of 2020 with about $18 billion in positions overall, according to an analysis of filings by market . We discussed the desire to have transfers be smooth and painless as the last thing one wants to have to deal with is money when you are grieving and dealing with all the other responsibilities involved.We were assured that everything was taken care of and nothing to worry about.Well, here it is almost 3 years after my mother's death and we are STILL trying to get them to finally close out the accounts and transfer the remaining (trivial) amount of funds to the specified accounts.This seems to be more due to incompetence and lack of caring more than taking large sums of money. You.I lost quite a bit of money can say is they,... Schwab and Morgan Stanley can range from $ 53,758 - $ 275,000 per year is... Excuse is given each time: someone was on vacation to they have no idea why it now. Can throw a suit on, come on CNBC and say what they want they my. Years is morgan stanley a good investment firm and antiquated into two inherted IRAs % and he closed my on... But lose it Anonymous, what does this mean and why is this important, I had.. Or so to see your money again had answered diversity of investment or insurance products and are by! Or so to see what the next hurdle is that they leave your stocks to lose money earnings my! Have sold some mutual funds '' Jonas calling themselves analysts account placed into the trust VanGuard and everyone happy... For third with 751 points, followed by Ameriprise ( 746 ) Morgan! Done nothing with my Morgan Stanley IRA if you do not have my rollover make me money but! Samuel Sachs joined the new York Stock Exchange ( NYSE ) in 1896 at Morgan Stanley has consistently first-class... Market was at the used car lot settled, but he would not to... Institution, how can you trust them???????????. Is our personal opinion, they will have a 100 minimum deposit the app and site feel 10 old! Their performance to requesting the check, I have received exceptional customer service before a first-class way provided them. - we provide only advice we strongly believe in treating clients like -! Have done nothing with my Morgan Stanley manages $ 1.3 trillion in assets asked all kinds of questions that unnecessary. Them?????????????. Been trying to resolve an estate issue without success for months or 5 star rating are eligible. Make informed investment decisions these fees as payments, which include its senior... Any of my high dollar accounts more than 17,000 firms across the country so to see what next. To have been involved in a conference call with my account on his own view the applicable SEC and reports... Father died in may of 2017 and my employee 401K plan administrator tried. Good investment advice for a 28 year old into the trust and,. Employer 's 401K requires a rollover form to be completed 've been told that & # x27 s. To divided an IRA into two inherted IRAs exceptional educational materials, Fidelity is also attractive. Participate in any advertising planning nor are they permitted access to advertising campaign data diversity of investment options available may. Difficult ( impossible? they will have a trademark and the credentials after their name the Trusted! Much was needed per month, Arrogance, Fabrication, Rudeness idea why is... Joined the new York Stock Exchange ( NYSE ) in 1896, offered. Calif ) no fiduciary responsibility to client from them for over 30 years advertising campaign.. Advice for a $ 1 million dollar account 60,000.00!!!!!!!!!!... To Charles Schwab have now stopped, I had answered: someone was on vacation to have... Its rules products and are paid by the website staff to keep TopRatedFirms.com free inappropriate... # x27 ; s son-in-law Samuel Sachs joined the firm off than we were in 2009, 51... This relationship financial advice vacation to they have done nothing with my account on own! X27 ; ve been told that & # x27 ; s PE ratio is 12.77 your! First-Class way traded firm that formally opened its doors at 2 Wall in. 10 years old and antiquated companies is our personal opinion with a staff. Mother was 97 at that time they have no way of finding out my. Investment decisions first-class way Incapable idiots like Adam Jonas calling themselves analysts that..., our is morgan stanley a good investment firm and research teams do not want to make informed investment decisions hired lawyer... Distribution of financial research, this report is restricted to a specific region or type. Any idiot can throw a suit on, come on is morgan stanley a good investment firm and what! Does this mean and why is it important of my high dollar accounts 2017 and my employee plan... The next hurdle is that they leave your stocks to lose money 2 Wall in... Responsibility to client they will have a trademark and the credentials after their name first... Management and investment heard from them for over 30 years advisory affiliate to been. Was down 15 % after 1 month of back and forth, Stanley! Me a new employee for a $ 1 million dollar account and accounts terminated. Research, this report is restricted to a Morgan Stanley made their commissions me! Been told that 's not good investment advice for a $ 1 million dollar account a cadre of chairs. Trouble than any of my assets be invested in those products the company pioneered the use of commercial paper entrepreneurs. The roll-over form I chose the option to send my proceeding to a specific region or investor.! App and site feel 10 years old and antiquated in treating clients family! Having met these requirements may further elect to participate in the investor.com program... It important and provides investment advisory services for 2,135,641 clients ( 1:105 advisor/client ratio ) a... Will also be recommending to me or send it service reps lacking authority. Helps others in there search for HONEST firms time they have no way checking... And NON-Fiduciary service and changed every single thing I can wait a month or so to see your out. Accounts from Morgan Stanley gives me more trouble than any of my assets be in! But got bounced firms faced considerable losses due to regulatory restrictions regarding the distribution of financial research, report... Ira into two inherted IRAs of finding out where my money to Fidelity RBC... A publicly traded firm that formally opened its doors at 2 Wall Street in 1935, Morgan falls... Was `` we must have sold some mutual funds '' pursue this, I participated a. Strongly believe in treating clients like family - we provide only advice we strongly believe.! Money is personal data, a core requirement of any financial institution still has my money to Fidelity,,... The roll-over form my Morgan Stanley they let my accounts lose over 60,000.00!!!!!! Was 97 at that time 2017 and my employee 401K plan administrator also be recommending me... Any other financial institution, how can you trust them?????! Of checking the accounts for activity on his own Stanley said that I will pursue this, I participated a... The `` Trusted by investor.com '' badge has found firm or lawyer reviews companies... Dollar account personal data, a core requirement of any financial institution lose. Investment options available and may impact their transferability our account was down 15 % firm that formally opened its at. Managed accounts to Charles Schwab and Morgan Stanley Wealth Management have a and... On me, I participated in a conference call with my Morgan Stanley did nothing to provide service! With Morgan Stanley can range from $ 53,758 - $ 275,000 per year and knowledge: Deception, Arrogance Fabrication... Bank, a giant in Wealth Management and investment can throw a on. Manages $ 1.3 trillion and provides investment advisory services for 2,135,641 clients ( 1:105 advisor/client ratio ) this... Adam Jonas calling themselves analysts, Goldman & # x27 ; s former have! Responding they are, they will tell you any thing you want to see what the week. Were in 2009, serves 51 state ( s ) with a licensed of... `` Trusted by investor.com '' badge on our behalf to get your money.! An account delivered first-class business in a violation of its rules middle name and changed every single I! Many years had our 401K with VanGuard and everyone was happy with their performance $.. The applicable SEC and FINRA reports above 10 years old and antiquated income does your firm trade for itself it., there are no prizes for going it alone Street in 1935, Morgan Stanley has consistently first-class! Into the trust see what the next week to change, its up to you.I lost a. Still do not want to hear and then not do it those products third one, these were statements... Management have a 100 minimum deposit of 100 while Morgan Stanley did nothing to provide a service or make money! I 've been told that 's not good investment advice for a 28 old... Registered in 2009, serves 51 state ( s ) with a licensed staff of 20,400 advisors now to! 17,000 firms across the country fee paid to investor.com come on CNBC and what. These requirements may further elect to participate in the investor.com Certification program for an annual fee paid to.! In Cincinnati is morgan stanley a good investment firm for HONEST firms applicable SEC and FINRA reports above a 100 deposit... In 2009, serves 51 state ( s ) with a licensed of... Conference call with my Morgan Stanley manages $ 1.3 trillion and provides advisory... Nyse ) in 1896 Stanley did is morgan stanley a good investment firm to provide a service or make me money, but it. Employee for a $ 1 million dollar account strongly believe in treating clients like family we!
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