Morgan Stanley Smith Barney Llc (Purchase)
Morgan Stanley Smith Barney Llc Is a Large Advisory Firm Based in Purchase. It Manages $729.25 Billion of Regulatory Assets for 1,815,592 Client Accounts. It...
Morgan Stanley Smith Barney LLC is a large advisory firm based in Purchase. It manages $729.25 billion of regulatory assets for 1,815,592 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Morgan Stanley Smith Barney provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, educational seminars and workshops, and asset allocation advice. It prepares financial plans for approximately 115,500 clients. On top of advisory services, the firm also engages as introducing broker and swap firm.
Morgan Stanley Smith Barney: assets under management
The assets under management (AUM) of Morgan Stanley Smith Barney LLC is $729.25 billion. The firm's AUM has grown by 244% since the beginning of its operation, and $26 billion of the total AUM is attributable to clients outside of the United States.
The firm manages $477.51 billion in discretionary accounts and $251.74 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $401.71 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $401.57 thousand.
Morgan Stanley Smith Barney has custody of $767.74 billion in cash and securities for 2,015,788 clients in total and acts as a qualified custodian.
Investments
The firm invests in exchange traded securities the most. They account for 55% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.
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