Morgan Stanley adds record assets, buys retirement plan firm
The wirehouse made yet another acquisition in the wealth management space last month, this time a retirement plan company with $43 billion in assets.
Morgan Stanley's wealth management business continued over the summer to increase net new assets, adding $135 billion for the quarter ending in September and a new quarterly high, according to the company's third quarter earnings release.
Included in those assets was the acquisition of Hyas Grou
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