Morgan Stanley headquarters in New York. (Photo: AP) Morgan Stanley headquarters in New York. (Photo: AP)
MIAMI—Morgan Stanley has officially opened a third office in Miami to serve its Latin American clients. That is according to the latest news from GlobeSt.com’s sister publication, ALM’s ThinkAdvisor.com. The office includes 13 teams of International Client Advisors, who have close to $7 billion in assets under management, the article says. “Most of the advisors recently joined Morgan Stanley from Credit Suisse, which formerly occupied the office. The office employs 61 people in total, including 22 client advisors.” According to a company statement, James Jesse, head of international wealth management, said that “We are pleased to launch this latest office dedicated to meeting the offshore wealth management needs of Latin American clients. Our International Client Advisors specialize in serving this market, which presents a significant opportunity for growth. We look forward to further expansion in this office as well as the introduction of significant new resources to meet the needs of our non-resident clients.” Morgan Stanley says the new office is located on Brickell Avenue, just south of downtown Miami. The firm’s two other international offices are nearby on South Biscayne Boulevard. To read more on the new office, check out the full article at ThinkAdvisor.com.

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