Morgan Stanley Shuffle Reveals Hints Of Bigger Retail Focus Ahead


Just a few key points:


* Paul Hatch, head of investment strategy, has formally added "retirement services, corporate equity solutions, and wealth advisory services" to his portfolio.


* Ben Huneke, who used to handle business development for Morgan's wealth management unit, will now run business development for the entire brokerage firm.


* Jeff Hack, formerly CFO at Smith Barney, is back as chief operating officer.


Taken together, the moves seem to tip a strategy of increased focus on wealth management and other broad-based advisory services.


And Hack's return could soothe friction between the old Morgan Stanley crowd and their new Smith Barney colleagues.

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