Morgan Stanley is partnering with 10 tech companies to improve the services offered in its wealth business. By Reuters Published: 14:34 EDT, 17 January 2017 | Updated: 14:34 EDT, 17 January 2017 The bank has signed deals with firms including digital payments network Zelle and Addepar, which offers investment tracking software. These tools will help financial advisors do their job better, Morgan Stanley CEO James Gorman said. “Financial advisers are increasingly being asked to provide more sophisticated solutions for clients who want a better understanding of how they can invest better,” he said at an event on Tuesday.
Morgan Stanley is partnering with 10 tech companies to improve the services offered in its wealth business. The bank has signed deals with firms including digital payments network Zelle and Addepar, which offers investment tracking software. These tools will help financial advisors do their job better, Morgan Stanley CEO James Gorman said. “Financial advisers are increasingly being asked to provide more sophisticated solutions for clients who want a better understanding of how they can invest better,” he said at an event on Tuesday.