Morgan Stanley

Description

Morgan Stanley (NYSE: MS) is a leading multinational entity that provides investment and wealth management services across the globe.

Founders Harod Stanley and Henry Sturgis established the company in 1935 in New York.

It provides a wide range of financial services in over 170 countries.

Morgan Stanley provides global securities and investment management services and serves institutional investors, investment and banking clients, and individuals.

In addition, the company also deals in global asset management services.

The New-York based firm is considered as a leader in the financial services sector.

Morgan Stanley provides expertise in private wealth management, international wealth management, consultancy, institutional and cash investment solutions.

It operates as financial holding and banking holding company under an official act since 2008.

The wealth management services are provided through financial advisors who aids in access investing, the company claims.

The company reportedly charges an annual fee of 0.30 per cent for asset based advisory fees and has a minimum investment cap of $5000. The fees is related to the mutual funds and shares of exchange traded funds.

In addition, Morgan Stanley claims that its access investing helps customers reduce their current tax liability and maximize after-tax returns. The company also analyses the portfolio in order to balance the asset allocation.

The financial services company also provides various career opportunities for students and graduates through their internship and certificate courses. The area of study includes global capital markets, sales, trading, investment, etc.

The banking services provider operates through several subsidiaries, including Morgan Stanley & Co. LLC, Morgan Stanley Smith Barney LLC, Morgan Stanley India Primary Dealer Ltd, Bank Morgan Stanley AG, Graystone Consultancy, Eaton Vance, Cauca LLC, etc.

Morgan Stanley also engages in sustainability bonds focuses on a livable future. In addition, it provides sustainable investing options to reportedly help individuals buy affordable housing.

In October 2020, the company acquired E*TRADE Financial Corporation.