Finance

Morgan Stanley Taps Finn to Run $4.8 Trillion Wealth Business

  • Chappuis, Huneke named co-heads of investment management
  • Saperstein given oversight of two units in executive revamp
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Morgan Stanley named Jed Finn head of the company’s $4.8 trillion wealth-management business, giving him oversight of the biggest revenue generator at the firm.

The move is part of co-President Andy Saperstein’s revamp of his leadership team for the investment bank’s money-management divisions. Finn, 45, has been a close lieutenant of Saperstein’s since joining the firm in 2011.