JM Morgan Stanley opens three branches in Gujarat

JM Morgan Stanley financial services firm, the investment advisory arm of JM Morgan Stanley is opening branches "� one each in Rajkot, Surat and Vadodara.

At present, it has a branch in Ahmedabad.

Speaking on the opening of the new branches in Gujarat, Rajeev Chitrabhanu, CEO, JM Morgan Stanley Financial Services said, "Gujarat is a state where we have one of our largest client base.

"We have been present in Ahmedabad, offering services since the last 21 years, and we continue our commitment by expanding our services to Rajkot , Surat, and Vadodara as well," he added.

Further, he said the firm will focus on equity products.

"Our focus is on equity products such as equity brokerage, IPOs, portfolio management services, mutual funds, etc. We can add value through our experience and research in equities".

JM Morgan Stanley is a joint venture between JM Financial, a leading domestic investment banking firm in India and Morgan Stanley, one of the largest global securities firm.

JM Morgan Stanley Financial Services has presence in the country through a network of 14 offices and 6000 independent financial advisors.