Morgan Stanley

Advisor Upside

Wealth and Asset Units for BlackRock, Goldman and More Shine in Q3

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Pretty much all of Wall Street reported another quarter of stellar earnings this week.

2 min read

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ETF Upside

Morgan Stanley Opens Up to Crypto ETFs. Who’s Next?

As regulators have warmed up to crypto and assets have poured into ETFs, advisors who ignore the trend risk losing clients, proponents said.

2 min read
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Advisor Upside

1 in 5 Wealth, Asset Firms Will Be Acquired by 2029

Mid-sized firms are being squeezed by shrinking profit margins and rising technology costs.

1 min read
Photo via Nicolas J Leclercq

Indicators

Dismal Jobs Numbers May Not Mean What You Think

Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.

2 min read

Advisor Upside

Sports Stars Turned Advisors Help Guide Next-Gen Athletes

Photo illustration by Connor Lin / The Daily Upside, Photos by AlbertoChagas and Amixstudio via iStock

Seeing first-hand the troubles even the most well-paid athletes can endure, many former pros feel a responsibility to advise today’s rookies.

4 min read

Photo via imageBROKER/Mojahid Mottakin/Newscom

Artificial Intelligence

Tech Stocks Slide as AI Reality Lags Behind Hype

Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.

2 min read
Photo via Spencer Jones/GHI//UCG/Universal Images Group/Newscom

Healthcare

Eli Lilly’s Miracle Weight Loss Pill May Not Be Miraculous Enough

Lilly’s second-quarter results reported Thursday were still more than fine: $15.5 billion in revenue beat Wall Street estimates.

2 min read
Photo via Rafael Henrique/ZUMAPRESS/Newscom

Advisor Upside

Vanguard Made a Single Acquisition. Now, It’s Getting Sued

The complaint alleges Vanguard acted in bad faith by thwarting certain business deals post-acquisition.

2 min read

Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

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The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read

Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read
Photo by Alex Proimos via CC BY 2.0

Advisor Upside

Morgan Stanley, American Funds Earn Top Rankings From Financial Advisors

Fees and returns are important to advisors, but so are branding and customer service.

1 min read
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Banking

Unshackled Wells Fargo Fights to Regain Momentum Lost in Penalty Box

Wells Fargo shares rose over 2% early Wednesday, hitting a three-month high, after the Federal Reserve lifted its asset cap on the bank.

2 min read

Advisor Upside

Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast

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The major Wall Street firms plan to lay off hundreds of workers in June.

2 min read

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