Morgan Stanley Co-President Andy Saperstein is becoming head of wealth and investment management. Another candidate, Dan Simkowitz, will become co-president and the head of institutional securities.

Shalett will focus on leveraging Morgan Stanley’s research intellectual capital across wealth and investment management for all clients, according to the memo. She reports to Andy Saperstein ...

Andy Saperstein, Morgan Stanley's co-president and head of wealth management, then flew to California to discuss a partnership with OpenAI CEO Sam Altman and Boris Power, a technical staff member ...

When Morgan Stanley and OpenAI announced their ... Reporting their findings back to then-wealth management leaders Andy Saperstein and Jeff McMillan, "We were able to show them, 'Here's something ...