- CEO
- Edward N. Pick
- Full Time Employees
- 81,000
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 1585 Broadway New York City NY United States of America 10036
- IPO Date
- Sep 26, 2013
- Business
- Morgan Stanley (NYSE: MS; ticker suffix PE denotes a specific preferred equity series) operates as a leading global financial services firm offering a broad array of investment banking, securities, wealth management, and investment management products and services. The company provides institutional securities including sales and trading of equities, fixed income, and commodities; investment banking services such as mergers and acquisitions advisory, underwriting of equity and debt securities, and corporate lending; wealth management through its Morgan Stanley Wealth Management franchise encompassing financial advisor-led brokerage and investment advisory programs, retirement and trust services; and asset management via Morgan Stanley Investment Management, which offers mutual funds, separately managed accounts, alternative investments, and multi-manager portfolios targeting institutional and retail clients. Morgan Stanley serves corporations, governments, financial institutions, and high-net-worth individuals across multiple industries and business segments worldwide, with principal operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific regions. Founded in 1935 and headquartered in New York City, the firm maintains key subsidiaries including Morgan Stanley Smith Barney LLC for wealth management and Eaton Vance Management for asset management.
In recent developments, Morgan Stanley completed the acquisition of E*TRADE Financial Group in October 2020, significantly expanding its digital wealth management capabilities and self-directed brokerage offerings to over 8 million client accounts; launched new private credit and sustainable investing products in 2024 to capitalize on growing demand for alternative assets; formed strategic partnerships with technology firms like Snowflake and Nium to enhance data analytics and cross-border payment services for institutional clients; and announced a multi-year reorganization in early 2025 to streamline operations amid regulatory pressures, including workforce reductions and cost-saving initiatives targeting $1 billion in annual efficiencies.