Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.

Morgan Stanley paid Co-President, Head of Investment Management and Head of Wealth Management Andy Saperstein $27 million for his work in 2024.

Pick, who earned $34 million for his first year as CEO, added the chairman role at the start of 2025. Gorman will serve as a non-employee advisor to Morgan Stanley this year and next for a fee of $400 ...

Glass Lewis changed its recommendation on Citi after the bank issued an updated disclosure explaining $52.25 million in pay ...

That bet paid off – Morgan Stanley’s wealth unit, led by Andy Saperstein, brought in record revenue last year. And CEO James Gorman has set an ambitious goal of reaching $10 trillion in client ...

In a memo to Morgan Stanley staff, co-president Andy Saperstein said the AI assistant would “revolutionize client interactions, bring new efficiencies to advisor practices, and ultimately help free up ...