Morgan Stanley
  • Wealth Management
  • Jun 15, 2018

Morgan Stanley Has a Strong Standing in the Barron’s Top 50 Financial Adviser List

Financial Advisers from Morgan Stanley Wealth Management have had a strong showing in the 2018 Barron’s Top 50 Financial Adviser List, with 9 named in the top 50, and 4 in the top 10.

The list, which is compiled by The Australian in conjunction with the US investment publication Barron’s, is now in its second year and is already considered an industry touchstone for top tier finance professionals. Among the factors the survey takes into consideration are assets under management, revenue produced for the Firm and the quality of service provided to clients. 

Morgan Stanley Australia’s Head of Wealth Management, Ian Chambers said Morgan Stanley’s strong showing on the list attested to the solidity of its presence in Australia, where it was first established more than 50 years ago on the back of a robust reputation as one of Wall Street’s most enduring blue ribbon firms. 

“Backed by the weight of a global financial stalwart, Morgan Stanley Australia has applied the Firm’s ethics and values to the endeavour of localising its character for Australian clients. Our talented and client-focussed advisers have propelled us to where we are today,” Mr Chambers said. 

“We have proven that local knowledge and personalised services can work hand in hand with global insight and connectivity. Access to everything the world’s financial markets have to offer does not dilute our presence or engagement on the domestic front, nor decrease our Australian based capabilities. But the combination of local and global prowess is a formidable one that others have yet to successfully emulate.” 

Morgan Stanley Australia’s Country Head and Chief Executive Officer, Richard Wagner said the list served as a vote of confidence for the Firm’s direction and achievements. 

“This inaugural list provides both clients and advisers with a unique guide to the leading financial practitioners in the sector,” Mr Wagner said. 

“It also highlights the need to recognise and encourage quality and high standards within the industry, especially during what has been a trying year for the industry generally in terms of how it is being perceived. When a Firm is doing things right, and serving their clients with integrity, we need to acknowledge that and hold it up as a benchmark for what should be achievable across the board.” 

Both Mr Wagner and Mr Chambers extend their congratulations to Patrick Regan, Matt Koch, Claire Dickinson, Craig Emanuel, David Leon, Andrew Foster, Garth Hu, Paul Lyons and Jeanette Brookes, who have all staked a claim for themselves on the 2018 list. As a group they provide representation across all of the Firm’s Australian offices. 

This year’s Top 50 Financial Advisers list included 31 new entries, with contenders hailing from across Australia. Seven women also made the cut — one more than last year - including one who claimed a spot in the top 10. 

The list is compiled after candidates responded to an exhaustive survey. The survey itself is designed and managed by Barron’s which also runs the US Top Financial Advisers list. 

The full list was published today, Friday, June 15, in The Australian's monthly magazine, The Deal.