Wealth Management Daily Memo

JULY 16, 2020

INDUSTRY

Morgan Stanley Wealth Management Revenues Jump 16% in Q2

Erick Bergquist

While advisor headcount continues to fall, wealth management revenues were up, and the firm posted some strong growth overall in the second quarter.

INDUSTRY

Merrill Lynch Revenues Down 10% in Second Quarter

Erick Bergquist

Wells Fargo Securities senior bank analyst Mike Mayo called the performance “worst in class wealth management.”

SPONSORED CONTENT

Staying the Course

Sponsored by Hartford Funds

Get facts to show clients the benefits of long-term investing.

CLIENT RELATIONS

Repurposing the Traditional Client Review Meeting

Matt Oechsli

Change "client review" meetings into client checkups by letting them take more of the lead.

SPONSORED CONTENT

Discover the Difference Responsible Investing Makes

Sponsored by Calvert Research and Management

Impact should be material and measurable.