Morgan Stanley Shares Soar Most in 4 Years on Q3 Profit Surge

What You Need To Know

• The firm now oversees $7.6 trillion in assets across its investment management and wealth unit.
• The wealth unit generated revenue of $7.27 billion, with $64 billion in net new assets.
• Investors would do well to look at the bank's ability to attract fee-based assets, the CFO says.