Morgan Stanley Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

Morgan Stanley Bank account or service department,

Other bank product/service Account opening, closing, or management Illinois

On - -, - I transferred - shares of - ( - ) out of my Morgan Stanley account into my - brokerage account. All the shares were deposited, however the cost basis was never updated via -. I have called and contacted both - and Morgan Stanley since then multiple times, but I still do not have the cost basis. Currently I have a ticket open with Morgan Stanley ( # -, opened on - -, - ) but no one has followed up or resolved my issue. I ca n't sell these shares without proper cost basis as it will have tax implications. Please help resolve this issue!

Morgan Stanley customer in Illinois
May 03, 2016

* Source: CFPB Complaint Database

Morgan Stanley response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Morgan StanleyComplaint HistoryComplaints3/20136/20138/20131/20143/20144/20145/20148/201410/20142/20154/20155/20151/20162/20165/201612/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Morgan StanleyAccount opening, closing, or management11.1%88.9%ClosedClosed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAccount opening, closing, or management3.7%66.2%15.8%8.6%1.8%3.3%0.6%0.1%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints