Finance
Morgan Stanley to Hire More Asia Wealth Relationship Managers
- Vincent Chui speaks in Bloomberg TV interview in Hong Kong
- Firms is looking to grow its 140 RMs to 200 in coming years
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Morgan Stanley’s Asia wealth chief is looking to boost the number of staff dealing with its richest customers as the US lender pushes ahead with its regional expansion.
The firm’s 140 relationship managers in the region could grow to 200 over the next few years, said Vincent Chui, head of wealth management for Asia Pacific. Morgan Stanley’s scale and priority on the super wealthy can help customers diversify away from Asia to other parts of the world, including sectors such as AI and healthcare in the US, he said in a Bloomberg Television interview in Hong Kong.