MS · News · 20260808N

Customer Dynamics

MORGAN STANLEY · 2026-08-08 · Importance 40 · Surprise 42

The Sexton Group, a Morgan Stanley wealth-management team led by Mary M. Sexton and Erik M. Knobl, moved to RBC Wealth Management in Tysons, Virginia. The team managed approximately $1 billion in client assets, making the departure material to Morgan Stanley’s wealth-management distribution platform. RBC has been recruiting other large advisory teams from UBS and Stifel, indicating continued competition for high-value advisor relationships.

Key facts

• Charter Communications priced $4.75 billion in aggregate principal amount of senior secured notes and expects the offering to close on August 18, 2026. source
• Microchip Technology's stock surged 13.91% after reporting fiscal Q1 EPS of $0.76 and revenue of $1.49 billion, both beating consensus estimates. source