Wirehouses ready for their ‘Empire Strikes Back’ moment on adviser fintech
Morgan Stanley revealed its fully armed and operational adviser fintech ecosystem at a recent media event in New York City.
After decades of independent advisers claiming technological superiority over outdated “legacy” brokerage platforms, the wirehouses may be poised to strike back.
Wall Street giants once controlled most of the software that brokers and financial advisers needed to trade, manage portfolios and
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