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Banks are trusted advisers and sources of insight; you keep your assets at Morgan Stanley because your salesperson gives you good ideas about what to buy.

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published May 30, 2018 9:33:25 AM, by Matt Levine (Bloomberg Opinion) — Morgan Stanley has some computers. One argument that you sometimes hear for flesh-and-blood human financial advisers is that, in times of market panic, when customers are desperate to sell, those human advisers can calm them down and keep

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