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Updated by user Jul 13, 2016

terrible company.

Original review posted by user Jul 12, 2016

I transferred all of my stocks and bonds from Legg Mason to Vanguard in '08. They unfortunately left one small losing account in the transfer and it went to Smith Barney and then to Morgan stanley through acquisitions.

I called them and asked them to send me the stock certificates which they were going to charge about $85 or so to do. The stock was almost worthless as it had a reverse split of 4-1 during these acquisitions but it still had some upside. I ignored it for almost 8 years. Now I see that they have cashed out the stock and I owe them $333 in management fees.

They never called and I never understood that they could do this. Now they have me in collection and I have to deal with the credit issue. I ask all of you that might be investors with this company.....Is this any way to treat a client? Yes, I was a client.

How does this company stay in business? Vanguard, Chas. Schwab, is the answer people.

Self manage and put these wall st. thieves out of business!

Reason of review: Bad quality.

Monetary Loss: $333.

Morgan Stanley Pros: Very frustrating.

Morgan Stanley Cons: Disgusting service, Being taken advantage of, Unethical behavior.

Location: Greensboro, North Carolina

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