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Friday, December 14, 2012

MOVES-Raymond James, Morgan Stanley, BNY Mellon, Groupama, (NYSE: MS)

The following financial services industry appointments were announced on Friday. To inform us of other job changes, email to JAMES FINANCIAL INCThe company said it hired a veteran team from Morgan Stanley that manages more than $204 million in client assets. The three-person team, known as the Sunset Financial Group, is led by Scott Cutliff. He, along with Donald Horras and Patricia Polster, joined a Raymond James office in Fort Lauderdale, Florida.

Morgan Stanley is a global financial services company that, through its subsidiaries and affiliates, provides its products and services to a range of clients and customers, including corporations, governments, financial institutions and individuals. Shares of MS traded higher by 1.4% or $0.25/share to $18.05. In the past year, the shares have traded as low as $12.26 and as high as $21.19. On average, 20187100 shares of MS exchange hands on a given day and today's volume is recorded at 16187767.