Bloomberg - Sallie Krawcheck sparks Morgan Stanley debate

Sallie Krawcheck, who runs an investing platform focused on women, sparked a debate among hundreds of readers on LinkedIn with an observation that Morgan Stanley’s newly appointed managing directors were almost all male.

Krawcheck posted a photo showing 46 names of financial advisers in the firm’s wealth management division with the comment, “Feels like something is missing from this list of new Managing Directors ... what could it be?”

Only three of the people were women.

Bloomberg News reports that readers have posted about 500 comments reflecting a wide range of opinions. Some expressed disappointment with how few women were promoted to a higher rank, despite their ability to pull in millions of assets as financial advisers; others said Krawcheck’s post was paranoid or her analysis was incomplete. One reader pointed out that the list of managing directors across the bank had more women listed than the wealth management list implied.

Hit the link below to access the complete Bloomberg News article:

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