Morgan Stanley Taps Finn to Run $4.8T Wealth Unit

Morgan Stanley New Wealth Management Head Jedd Finn

Finn has held several leadership roles in past 12 years. A dual citizen of Canada and the U.S., he majored in economics and computer science at McGill University in Montreal.

Finn, like Saperstein and CEO James Gorman, was previously an executive at McKinsey & Co. He was closely involved in helping integrate the Smith Barney brokerage business that Morgan Stanley purchased from Citigroup Inc.

More recently, Finn and Saperstein sealed a deal to buy Solium Capital, a software venture that manages employee stock options.

The acquisition, initially viewed with skepticism for its high price, is now seen inside the bank as a success, helping keep entrepreneurs in private companies and executives in public companies within Morgan Stanley’s wealth-management ecosystem.

(Photo of Jed Finn courtesy of Morgan Stanley)

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