Morgan Stanley (NYSE:MS)’s top executive exuded confidence for its wealth management unit at the recent Credit Suisse Group AG (NYSE:CS) 2014 Financial Conference. Gregory J. Fleming, President of Morgan Stanley Wealth Management and Morgan Stanley Investment Management struck a confident note on the growth potential for Morgan Stanley (NYSE:MS) in the wealth management space. Substantial AUM growth projected During his presentation at the Credit Suisse 2014 Financial Conference, Gregory J. Fleming anticipates AUM to grow to about $500 billion by the end of 2016 from $373 billion clocked at the end of 2013. Exuding confidence, he terms the target is ‘very achievable’….
Morgan Stanley Sees Big Opportunity In Wealth Management
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports