Morgan Stanley
Morgan Stanley (NYSE: MS) is a global financial services firm that advises, originates, trades, manages and distributes capital for governments, institutions and individuals worldwide. The company operates through three primary business segments: Institutional Securities, Wealth Management, and Investment Management. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Morgan Stanley does
In the company’s own words
Morgan Stanley (NYSE: MS) is a global financial services firm that advises, originates, trades, manages and distributes capital for governments, institutions and individuals worldwide. The company operates through three primary business segments: Institutional Securities, Wealth Management, and Investment Management.
The Institutional Securities segment provides capital markets services including underwriting, sales, trading and market-making activities across equities, fixed income, currencies and commodities. Wealth Management serves high-net-worth and ultra-high-net-worth clients through a combination of advisor-led, workplace and digital direct channels, primarily in the United States. Investment Management offers a broad range of investment products and services including alternative investments, mutual funds and other asset management solutions to institutional and individual clients globally.
As of December 31, 2025, Morgan Stanley employed approximately 83,000 people across 42 countries. The firm maintains principal offices in New York City, London, Frankfurt, Tokyo, Hong Kong and other major financial centers worldwide. The company operates as a financial holding company regulated by the Federal Reserve and is classified as a U.S. global systemically important bank.
Morgan Stanley's predecessor companies date back to 1924, with the current entity incorporated in Delaware in 1981. The firm has grown through strategic acquisitions and organic expansion, including the integration of E*TRADE Financial Corporation in 2020, which strengthened its digital wealth management capabilities.
The company's business model centers on leveraging its integrated platform to serve diverse client bases across multiple asset classes and geographies. Morgan Stanley maintains significant competitive advantages through its established market positions, brand reputation, technology infrastructure, and access to capital markets. The firm is subject to extensive regulation by U.S. federal and state agencies and international regulators in jurisdictions where it operates.
More information is available at www.morganstanley.com.
Company details
- Sector
- Financials
- Industry (SIC)
- Banks & Brokers
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 895421
- SIC
- 6211
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Morgan Stanley — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Morgan Stanley’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Morgan Stanley’s bonds, as funds hold them
Funds report holding 234 issues of Morgan Stanley’s debt. Weighted-average coupon 4.80%.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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