Stupid Question, but want to know

This is a stupid question, I know, however did Morgan Stanley drop the name Smith Barney?

MS's PWM firms used to be called "Smith Barney", but I remember reading awhile back that they planned on dropping the Smith Barney portion and changing it to Morgan Stanley Wealth Management. Did they undergo this change?

Thanks,
xxkdjxx

7 Comments
 
Best Response
xxkdjxxOh, thank you.

While we're discussing MS, I was wondering which internship would look better on a resume for a freshman, a PWM internship from ML or from MS?

Thanks in advance!

xxkdjxx

MS for sure. GS is the best in PWM though.
 
BTbanker
xxkdjxxOh, thank you.

While we're discussing MS, I was wondering which internship would look better on a resume for a freshman, a PWM internship from ML or from MS?

Thanks in advance!

xxkdjxx

MS for sure. GS is the best in PWM though.

Why MS for sure? Merrill is more well known for his Wealth Management than Morgan Stanley, though Goldman has better cache with the ultra wealthy... Also, Merrill will likely poach a lot of MS's advisors...

http://live.wsj.com/video/merrill-lynch-plots-raids-on-a-vulnerable-riv…

http://www.reuters.com/article/2012/10/22/merrill-hire-idUSL1E8LM910201…

 

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