Morgan Stanley

Global investment bank, wealth manager, and asset manager

What Morgan Stanley does

Morgan Stanley helps companies and governments raise money, advises on mergers and acquisitions, and trades stocks and bonds for big investors. It also manages money for individuals through financial advisors and online brokerage, and runs investment funds for institutions such as pension plans and endowments.

How Morgan Stanley makes money

It earns advisory and underwriting fees on deals, trading and financing income from institutional clients, and asset-based advisory fees, commissions, and net interest income from wealth management clients and lending. Investment Management adds fees charged on assets managed for institutions and individuals.

Products & services

• M&A and restructuring advisory
• Debt and equity underwriting
• Equity and fixed income sales, trading and prime brokerage
• Financial advisor-led wealth management
• Self-directed brokerage and stock plan administration
• Institutional investment management (equity, fixed income, alternatives)