Through acquisitions, my stocks from three different accounts ended up with MorganStanley. For several years, I was unable to get the address changed for one of these accounts, despite filing paperwork and phoning. The impact of this was the tax deductions from the...
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2.3
I didn't like
  • Poor quality service
  • Lack of communication
  • Customer service
#846561
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they have churned the heck out of me and I need an attorney to file suit. they think its there money, they buy and sell and get a commish each time, total scam, make America great and get these idiots out of business they are destroying wealth not creating it. I feel...
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I didn't like
  • Unethical behavior
  • Fraud
#803863
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Jon Usitalo sent this letter. "As a part of Morgan Stanley's review process, I periodically look at the activity in our client accounts. I noted that your above referenced account has been quite active...", "The cost-to-equity ratio is 6% for twelve months." This is...
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Anonymous
Anonymous

churning

1.0
#766765
Reply to reviews
Wayne Ward managed $86K of my parents money. He traded stocks often weekly accruing $6K in commissions in less that 20 months with over 22 trades including risky stocks such as Alibaba. All this for people averaging 90 years old. They refused many times to close the...
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1.0
I didn't like
  • Unethical behavior
#760132
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