People Moves
Morgan Stanley Beefs Up Australian Wealth Unit With New Hires
Morgan Stanley Smith Barney has named three senior financial
advisors to its Australian wealth management division.
Mark O'Sullivan,
James Gosnell, and
Chris Watson have joined the company's Sydney office as
advisors. The three previously worked for Macquarie Private
Wealth, specialising in international markets.
MSSB has been beefing up its Australian wealth business over the
past months to take advantage of the country's rising affluent
numbers, currently touted to be worth $900 billion. The group
presently has over 180 advisors under its employ.
Morgan Stanley Smith Barney is the product of the merger between
the brokerage units of Morgan Stanley and Citigroup in 2009.