News, Vision & Voice for the Advisory Community


Morgan Stanley mega-producer's fate in Oregon may become #MeToo movement litmus test on Wall Street after New York Times report

The charges against Douglas Greenberg of egregious and unlawful behavior aren't compliance- or even MS-employee related, making them 'gray area' infractions, says a source

Author Keith Girard April 2, 2018 at 6:30 PM
no description available
Bill Willis: The code of conduct at Morgan Stanley is embedded in compliance manual. I’m sure it could find a page, a paragraph, a sentence that would justify his termination.

Women of Wealth Management



April 2, 2018 — 8:56 PM
Why all the pandering to women? "We don't have enough women advisors." Who says? The industry is going to collapse because there aren't an equal number of women advisors? BS. If women want to apply and get licensed, no one is stopping them. Get over it. Some industries attract and are better suited for women and some are better suited for men. I'm not saying financial services is one of them, but no one is standing with a machine gun at the door of these firms preventing women from working there. Stop with the pandering already.
Luke S Walker

Luke S Walker

April 3, 2018 — 12:28 PM
Intrepid - in full agreement - RIABiz leans pretty far left, which makes for a lot of useless articles from time to time.
Wendy J. Cook

Wendy J. Cook

April 3, 2018 — 4:36 PM
Wow. Guess I'll need to speak up as a women in the financial industry. I agree that it's everyone’s personal responsibility to develop their own skills, seize the career opportunities that come their way, and create the ones that don't. Personally, I suspect we women end up needing to "create" more than we get to "seize" in a culture with so many ingrained habits. BUT, for the sake of debate, let’s assume the playing field is Even-Steven (Even-Stephanie?). Fair enough, anyway, in the absence of militia guarding the entryways. Even then, the fact is that women are more than half the general population, but far less than half the financial profession. The same could be said for many other demographics. Fill in your preferred, underrepresented blank. In that context, let’s skip the defensive postures on why this is so, whose fault it may be, whether or not it annoys you … and so on. A far more constructive (less myopic) perspective is that our profession would undoubtedly be a finer one if it were considerably more diverse. Think of all the fresh, new “out of the box” ideas just waiting to contribute to our communal well-being! For our own sake and for the sake of those we serve, let’s move past the mire of past prejudices and focus instead on how to continue learning and growing as professionals and human beings. Or is that pandering?

Related Moves

March 9, 2023 at 1:23 AM

UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture

Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.

July 16, 2022 at 1:35 AM

Breen Blitz: Mercer seals Vanguard OCIO buy • Goldman[Sachs] & Cohen split • PIMCO joins ETF shift • AdvisorEngine-Schwab bond grows • Ellevest milestone • Lonsdale nets new chief • Fidelity leaks data & staff move • Collation wins RIAs • Justin Wisz returns as investor • LPL nets CMO & Tifin a CEO

OCIO sale to Mercer may be Buckley's last act • Goldman's retail lead departs • PIMCO latest to convert mutual funds • Software firm upgrades Schwab data • Krawcheck preaches wisdom of naps • Fidelity hit by data snafu, but D&I on track • New Lonsdale tech shop imminent • Vestorly founder now funding start-ups • Eight month wait for CMO ends at LPL.

March 21, 2024 at 4:41 AM

Mentioned in this article:

MarketCounsel | HamburgerLaw
Compliance Expert, RIA Set-up Firm, Regulatory Consultant
Top Executive: Brian Hamburger

Willis Consulting
Top Executive: Robert Stanton

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings

Common Tags

Recent Articles

Popular Writers

RIABiz logo


About Us




RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.