"I had people telling me, ‘You’re wrong.’ I said to one of them, ‘Okay, if I’m wrong, I’ll fail, and I won’t need to be kicked out; I’ll walk out. Until then, we’re doing it my way."
Gorman became Morgan Stanley CEO
Year He Made Bloomberg Markets’ 50 Most Influential
Pay as Top-Paid Banking Exec in the US in 2021
accurate as of 05/15/2023
James Gorman is chairman and CEO of Morgan Stanley. Gorman joined Morgan Stanley in 2006 as president and chief operating officer of wealth management. He became CEO in 2010 and chairman in 2012.
He previously was director of the Federal Reserve Bank of New York, president of the Federal Advisory Council to the U.S. Federal Reserve Board and chairman of the board of the Securities Industry and Financial Markets Association, among other positions.
Why He’s a Top Money Expert:
James Gorman has been at the top of Morgan Stanley for over a decade. Throughout his career, he has worked in different roles including chief marketing officer and the head of strategy and research.
Money Advice From Experts
Barbara Corcoran is the founder of the real estate brokerage The Corcoran Group and a Shark and executive producer on ABC’s “Shark Tank.” She is the author of “Shark Tales: How I Turned $1,000 into a…
The world changes quickly, and technology has made everything more accessible — including finding answers to your finance questions and your relationship with money. While there are a ton of new…
Mark Cuban is an American businessman known for his work as a shark on “Shark Tank” and for his ever-growing portfolio of businesses. He is the owner of the NBA’s Dallas Mavericks and the founder of…
Most of us know the thrill of payday, when the money lands in your account, or the check in your hands, and your bank account temporarily feels flush. Having a pile of money in hand, even a small one,…