Morgan Stanley
name
Morgan Stanley
id
MS
summary
Morgan Stanley is an American multinational investment bank and financial services company headquartered in New York City. It operates in 41 countries with over 75,000 employees, serving corporations, governments, institutions, and individuals. The company was founded in 1935 by J.P. Morgan & Co. partners, including Henry Sturgis Morgan and Harold Stanley, in response to the Glass–Steagall Act. Morgan Stanley is involved in investment banking, sales and trading, commodities, prime brokerage, wealth management, and investment management. It reported a revenue of US$54.1 billion, operating income of US$11.8 billion, net income of US$9.1 billion, assets under management (AUM) of US$1.46 trillion, total assets of US$1.19 trillion, and total equity of US$100.0 billion for 2023. The firm is considered systemically important by the Financial Stability Board and has undergone significant mergers and acquisitions, including the merger with Dean Witter Discover & Co. in 1997 and the acquisitions of E*Trade and Eaton Vance in 2020 and 2021, respectively.
founded
1935
founders
Henry Sturgis Morgan, Harold Stanley, Dean G. Witter, Richard S. Reynolds, Jr.
headquarters
New York City, New York, U.S.
industry
Financial services
revenue
US$54.1 billion (2023)
operatingIncome
US$11.8 billion (2023)
netIncome
US$9.1 billion (2023)
aum
US$1.46 trillion (2023)
totalAssets
US$1.19 trillion (2023)
totalEquity
US$100.0 billion (2023)
employees
80,006 (2023)
website
www.morganstanley.com