Morgan Stanley Tightens Terms for Advisors Using Dual-Contract Platform

Morgan Stanley advisors who bring in new clients clinging to old products have 24 months to either change allocations or take a compensation cut. “It’s a gentle nudge into the single-contract, higher level due-diligence platform without scaring off advisors,” said Pat Newcomb, relationship manager at industry consultancy FUSE Research Network.

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Article published on November 2, 2022