Estimated reading time: 0 minutes, 20 seconds

Morgan Stanley Selling Off Eaton Vance RIA Biz Assets

Morgan Stanley is selling parts of its Eaton Vance WaterOak Advisors business to CI Financial and Pathstone. So reports Wealth Management.

handshake 220233 1280CI Financial will acquire about $11.4 billion in assets, while Pathstone will grab about $3 billion.

Eaton Vance WaterOak Advisors had been known as the Eaton Vance Investment Counsel. In 2020 it acquired WaterOak and then was purchased by Morgan Stanley the following year.

Read the full article from Wealth Management.

Read 413 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.