Morgan Stanley

[Ronstar]

Morgan Stanley gets wind of DW's megacorp prospective retirees and targets them, so we were approached and we put some $ with them at the 1% rate. They're doing ok, beating one of my self managed accounts by 3%, but lagging another by 5%. I like the diversification - I didn't want to put all of my eggs in one basket, (and I was pressured by DW to put some $ with them because she's impressed by our advisor).

If you're a good fan of Vanguard and impressed by the MS advisor, then diversify into both and compare results. Then re-allocate funds into the funds that give you the best results

[JakeBrake]

As a Morgan Stanley (MS) shareholder, I think everyone should use Morgan Stanley.

[enjoyinglife102]

Having worked in the industry, they are completely focused on sales and "financial advisors" are assessed on one metric - what they produce for the firm. No manager ever evaluated what an advisor did for a client but they were definitely on top of their production numbers with lots of pressure to generate big dollars. The industry is one big scam.