Morgan Stanley presents at its own conference

|About: Morgan Stanley (MS)|By:, SA News Editor

We are now in a stage of "performance and growth," says Morgan Stanley (MS +0.3%) CEO James Gorman, presenting at the Morgan Financials conference. While 2008-09 was "crisis," 2010-11 "fragility," and 2012-13 "healing," 2014 and beyond is about about growing the business.

Webcast and presentation slides

Noting the headwinds in fixed income and commodities and the right-sizing of those businesses to be more inline with the new economic and regulatory environment, Gorman says Wealth Management - with $382B in AUM (up 50% since 2010) is on its way to being a legitimate 3rd leg of the firm.