Morgan Stanley hiring hundreds into wealth unit to train technophobe advisers

March 13, 2017 By Olivia Oran (Reuters) – Morgan Stanley is hiring hundreds of tech-savvy specialists at its wealth management branches to train advisers on the firm’s new digital tools, the bank’s co-head of wealth management Andy Saperstein said in an interview. The digital adviser associates will help advisers get up to speed on new products, such as software that recommends customized investment ideas and apps that let advisers text or video chat with clients. They will also help advisers promote their presence through social media, Saperstein added. The effort…

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