Morgan Stanley counting fresh assets in the trillions
After its spate of acquisitions, Morgan Stanley now has relationships with 16.5 million clients, Andy Saperstein, its head of wealth management, points out.
When it comes to reeling in net new client assets, Morgan Stanley, which has seen the number of client accounts under its roof explode with the firm's recent spate of acquisitions, expects to add $1 trillion or so every few years.
That's the thinking at the giant firm as outlined by Andy Saperst
Learn more about reprints and licensing for this article.