Paul Hatch Morgan Stanley Smith Barney Head of the Investment Strategy and Solutions Group

Rumors of the death of the wirehouse are greatly exaggerated. Their role in distributing mutual funds is changing as is shown by Morgan Stanley Smith Barney. Deals with Legg Mason and most recently with Invesco have shorn the broker-dealer of proprietary product, freeing it to focus on delivering other managers to its reps and their clients. Taking that quality-first message to heart Paul Hatch is overseeing a slimming of the products on its shelves (see article).

Hatch came to the joint venture from Smith Barney and started in the industry as a rep with E.F. Hutton after graduating from the Naval Academy. 

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