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Wirehouse recruiting loans measure in the billions – InvestmentNews

Aug 19th, 2014 Loans.



Wirehouse recruiting loans measure in the billions
InvestmentNews
Morgan Stanley Wealth Management, the largest advisory firm by head count, reported it is holding more than $5.2 billion in outstanding loans to its 16,300 financial advisers. That equates to nearly $321,402 per Morgan Stanley adviser at the end of the ...

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