Morgan Stanley Expands Presence in Charlotte, Recruiting from Richmond
1 report, 1 independent
Updated Mon 00:00
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What happened
Morgan Stanley is actively hiring wealth partners in Charlotte to bolster its operations. The firm has successfully recruited Lewis Wealth Partners from Richmond, Virginia. The expansion comes as Morgan Stanley reportedly loses advisor teams to competitors like Rockefeller and Truist.
From wsoctv.com
Why it matters
The hiring activity is taking place in Charlotte, a city described as one of the fastest-growing in the country with a strong business community. The firm stated that the market remains compelling due to the growing population of high- and ultra-high-net-worth individuals and families.
From wsoctv.com
Who's involved
- Morgan StanleyU.S. investment bank expanding its presence in Charlotte
- CharlotteCity market viewed as a high-growth center for wealth management
- RichmondCity from which wealth partners are being recruited
Keep exploring
The entities involved
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Charlotte
city in and county seat of Mecklenburg County, North Carolina, United States
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Morgan Stanley
U.S. investment bank
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Richmond
capital city of Virginia, United States of America