Advisor: Market volatility warrants vigilance as commission reviews returns
Morgan Stanley advised the commission Feb. 10 that markets show volatility and that the portfolio has returned about 3.30% year-to-date and 12.02% for the prior year; the advisor urged diversification and attention to fees.
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Timothy Brice of Morgan Stanley/Graystone Consulting presented a market briefing titled "On the Markets – New Year, New Tune" and reviewed fourth-quarter and multi-year manager performance with the commission.
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