Morgan Stanley Stock Price, News & Analysis

Morgan Stanley Wealth Management announced the integration of its robo-advisor, Access Investing, with E*TRADE's Core Portfolios, enhancing digital investment offerings. A new 'Balanced' portfolio featuring 50% equities and 50% fixed-income was introduced to meet diverse investor needs. Upcoming features include tax-loss harvesting for tax management. Core Portfolios require a minimum investment of $500 with a 0.30% annual fee, exempting new accounts from advisory fees for the first three months. Access Investing will soft close to new clients in December.

Morgan Stanley Private Bank has received an 'Outstanding' rating from the Office of the Comptroller of the Currency for the seventh consecutive time, highlighting its success in community reinvestment efforts. The OCC's evaluation cited a remarkable $2.2 billion in community development loans and investments, focusing on affordable housing and economic growth. Notable projects include a $45 million loan for a New York City Housing Authority redevelopment and a $10.1 million tax credit investment in Yonkers. The bank's initiatives support diverse developers and demonstrate a commitment to long-term community solutions.

Morgan Stanley at Work has launched a new Corporate Retirement Portal, enhancing retirement plan management for Plan Advisors. This integrated tool, part of the Modern Wealth Platform, provides a consolidated view of workplace retirement accounts, improving experiences for recordkeepers, plan sponsors, and participants. In alignment with Department of Labor cybersecurity guidelines, the portal ensures secure data transfer and employee training. The initiative follows recent strategic acquisitions aimed at bolstering retirement solutions and reflects Morgan Stanley's commitment to innovative financial services.

Fairway Lawns, backed by Morgan Stanley Capital Partners (MSCP), has acquired two regional lawncare companies, Luv-A-Lawn and Plant It Earth, to enhance its presence in Florida. Luv-A-Lawn, operating since 2009, leads in Orlando, while Plant It Earth, established in 2003, dominates Tampa. CEO Kyle DeMilt emphasized the importance of these acquisitions in expanding service offerings and improving customer experience. MSCP's Adam Shaw highlighted the strategic alignment of these partnerships to foster growth and service enhancement.

Morgan Stanley has announced its eighth cohort of the Multicultural Innovation Lab (MCIL), featuring startups from sectors like education and healthcare. This cohort marks the program's first global expansion, with participants from the US and EMEA. Selected from over 2,500 applications, the startups will receive support for growth and investment opportunities. Notable past successes include startups that raised over $150M following program participation. The cohort aims to enhance access to capital for diverse entrepreneurs and includes 10 innovative companies.

Morgan Stanley at Work has introduced three key enhancements to its stock plan platforms, Equity Edge Online® and Shareworks. These innovations aim to boost efficiency for corporate clients and their participants. Notable upgrades include expanded fractional share transaction capabilities, an automated Leave of Absence administration process, and a new automation framework called Workflows. These upgrades are designed to streamline operations, reduce manual errors, and improve participant engagement, thereby saving companies time and costs.

Morgan Stanley has announced its regular dividend payments on several preferred stock issues. Notably, the dividends include: $261.11 for Series A, $25.00 for Series C, $445.31 for Series E, and $429.69 for Series F, among others. The payment dates for Series M and N are set for September 15, 2022, with a record date of August 31, 2022. For the remaining series, dividends will be paid on October 17, 2022, with a record date of September 30, 2022. This announcement underscores Morgan Stanley's commitment to returning value to its shareholders.

Morgan Stanley (NYSE: MS) will release its third quarter 2022 financial results on October 14, 2022, at approximately 7:30 a.m. (ET). A conference call for discussion will follow at 9:30 a.m. (ET) on the same day. Interested parties can access the call and webcast on www.morganstanley.com in the Investor Relations section. Morgan Stanley is a global financial services firm offering a range of services including investment banking and wealth management, serving clients worldwide.