Morgan Stanley appoints E*Trade leaders to top wealth division jobs

Reuters

Published Jun 09, 2021 02:05PM ET

Updated Jun 09, 2021 02:46PM ET

NEW YORK (Reuters) -Morgan Stanley appointed several executives from E*Trade to senior roles on Wednesday in a leadership shuffle that brings leaders from the online broker into the top ranks of the firm's wealth management division, according to a memo seen by Reuters.

The moves make a unified leadership team, Andy Saperstein, head of the wealth business, wrote in the memo. Morgan Stanley (NYSE:MS) bought E*Trade last year for $13 billion.

E*Trade's former chief financial officer, Chad Turner, will lead digital direct business within wealth management, and Erik Jepson, head of digital client experience and platforms, will report to him.

Mike Curcio, previously E*Trade's head of self-directed brokerage, will serve as the head of strategic transformation.

Andrea Zaretsky, previously chief marketing officer at E*Trade, will be the chief marketing officer for all of wealth management. Zaretsky, Turner and Curcio will all report to Saperstein, who is also the co-president of the bank.