Morgan Stanley Stock Price, News & Analysis
Company Description
Morgan Stanley (NYSE: MS) is a global financial services firm in the finance and insurance sector, classified in investment banking and securities dealing. According to the company’s public disclosures, Morgan Stanley provides investment banking, securities, wealth management and investment management services. The firm’s employees serve clients worldwide, including corporations, governments, institutions and individuals, and it has offices in 42 countries.
Morgan Stanley’s common stock trades on the New York Stock Exchange under the symbol MS. The company also has multiple series of preferred stock listed as depositary shares, as well as global medium-term notes. These securities are registered on the New York Stock Exchange, as shown in the firm’s current reports on Form 8-K. Morgan Stanley is incorporated in Delaware.
Core business activities
Across its disclosed activities, Morgan Stanley highlights four broad areas of service: investment banking, securities, wealth management and investment management. Investment banking and securities activities include advisory and capital markets services described in the firm’s general "About Morgan Stanley" statements in multiple news releases. Wealth management and investment management activities are carried out through platforms such as Morgan Stanley Investment Management, Morgan Stanley Capital Partners and Morgan Stanley Real Estate Investing, which are described in detail in recent announcements.
Morgan Stanley Investment Management (MSIM), together with its investment advisory affiliates, reports that it has more than 1,300–1,400 investment professionals around the world and approximately $1.8 trillion in assets under management or supervision as of specified dates in 2024 and 2025. MSIM states that it seeks to provide long-term investment performance, service and a suite of investment management solutions to a diverse client base that includes governments, institutions, corporations and individuals worldwide.
Investment management platforms
Within investment management, Morgan Stanley discloses several specialized platforms:
- Morgan Stanley Investment Management ETF platform – The firm announced that its exchange-traded fund platform surpassed $10 billion in assets under management. The ETF platform includes active and systematic ETFs and reflects what MSIM describes as global investment capabilities.
- Morgan Stanley Capital Partners (MSCP) – Described as the middle-market focused private equity team within Morgan Stanley Investment Management, MSCP focuses on privately negotiated equity and equity-related investments primarily in North America. It targets subsectors in business services, consumer, healthcare, education and industrials markets, with an emphasis on organic and acquisition growth through an operationally focused approach.
- Morgan Stanley Real Estate Investing (MSREI) – Identified as the global private real estate investment management business of Morgan Stanley, MSREI pursues global value-add/opportunistic and regional core/core-plus real estate investment strategies. It reports having offices in the U.S., Europe and Asia and managing tens of billions of dollars of gross real estate assets on behalf of clients.
These platforms are referenced in transactions such as the acquisition of a last‑mile delivery facility near Los Angeles International Airport by MSREI-managed funds, the acquisition of a senior housing portfolio near Denver, and private equity investments and exits by MSCP, including a majority investment in Olsson, Inc. and the sale of Alliance Technical Group.
Wealth and asset management focus
The Polygon description notes that Morgan Stanley generates a substantial portion of its income from wealth and asset management franchises and that it has a large base of client assets. It also indicates that, after reincorporation as a bank holding company, Morgan Stanley has a significant banking franchise by deposits, with deposits largely attributable to cash sweeps from its wealth management and brokerage businesses. These details underscore the importance of wealth and asset management within the firm’s overall business mix.
Capital markets and funding
Morgan Stanley’s SEC filings show that, in addition to common stock, the firm has multiple series of non‑cumulative preferred stock and related depositary shares listed on the New York Stock Exchange. The filings also reference Global Medium‑Term Notes, Series A and Global Medium‑Term Notes, Series I issued by Morgan Stanley or Morgan Stanley Finance LLC, with Morgan Stanley acting as guarantor for certain securities. The firm uses these instruments as part of its funding activities, as indicated by the approval of forms of master notes for global medium‑term notes disclosed in a Form 8‑K.
The Federal Reserve’s stress testing framework is also relevant to Morgan Stanley. A Form 8‑K describes the firm’s Stress Capital Buffer (SCB) under U.S. Basel III standardized approach capital rules and notes that the Federal Reserve reduced Morgan Stanley’s SCB effective on a specified date. Another Form 8‑K discusses expectations regarding the SCB following supervisory stress tests and mentions a proposed rulemaking that could change how SCBs are calculated.
Dividends and capital actions
Morgan Stanley’s public filings and press releases show regular capital actions, including dividends and share repurchases. One announcement describes an increase in the quarterly common stock dividend per share and the reauthorization of a multi‑year common equity share repurchase program of up to a specified dollar amount, to be exercised at the company’s discretion subject to considerations such as market conditions, capital position and outlook.
Another press release details regular dividends on several series of non‑cumulative preferred stock, including floating rate and fixed‑to‑floating rate series, as well as series with stated dividend rates. The dividends are payable on specified dates to stockholders of record as of record dates described in the release.
Regulatory reporting and disclosures
Morgan Stanley files current reports on Form 8‑K to disclose material events such as quarterly and annual financial results, changes in capital requirements, capital actions and securities offerings. Several Form 8‑K filings reference the release of financial information for quarters and for the full year ended on specific dates, with accompanying press releases and financial data supplements filed as exhibits.
Other Form 8‑K filings describe matters such as the approval of forms of master notes for global medium‑term notes and the impact of Federal Reserve decisions on the firm’s regulatory capital requirements. These filings also confirm that Morgan Stanley’s common stock and various preferred stock depositary shares and notes are registered and traded on the New York Stock Exchange.
Client base and geographic reach
In repeated "About Morgan Stanley" sections across multiple news releases, the firm states that its employees serve clients worldwide, including corporations, governments, institutions and individuals. The firm also notes that it has offices in 42 countries, indicating a broad international footprint. Morgan Stanley Investment Management similarly describes a diverse client base that includes governments, institutions, corporations and individuals worldwide.
Related investment vehicles
Morgan Stanley is also associated with specific investment vehicles such as the Morgan Stanley China A Share Fund, Inc. (NYSE: CAF). This fund is described as a non‑diversified, closed‑end management investment company that seeks capital growth by investing, under normal circumstances, at least 80% of its assets in A‑shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. The fund’s board has approved tender offer policies and share repurchase programs, as described in detail in its own press releases.
Use of exchange‑traded products
In addition to ETFs, Morgan Stanley Investment Management has filed initial registration statements with the SEC for proposed exchange‑traded products named Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust. According to the firm’s announcement, these would be passive investment vehicles that seek to track the performance of the price of the relevant cryptocurrency, subject to regulatory approval. The release emphasizes that the registration statements have been filed but are not yet effective and that no offers or sales may occur until effectiveness.
FAQs about Morgan Stanley (MS)
- What does Morgan Stanley do?
Morgan Stanley describes itself as a global financial services firm providing investment banking, securities, wealth management and investment management services. Its employees serve corporations, governments, institutions and individuals worldwide. - Where is Morgan Stanley’s stock listed?
Morgan Stanley’s common stock, with a par value of $0.01 per share, is listed on the New York Stock Exchange under the trading symbol MS, as shown in the company’s Form 8‑K filings. - What types of clients does Morgan Stanley serve?
Across its public statements, Morgan Stanley notes that it serves corporations, governments, institutions and individuals. Morgan Stanley Investment Management also cites a client base that includes governments, institutions, corporations and individuals worldwide. - What is Morgan Stanley Investment Management?
Morgan Stanley Investment Management, together with its investment advisory affiliates, is the firm’s investment management business. It reports more than 1,300–1,400 investment professionals globally and approximately $1.8 trillion in assets under management or supervision as of specified dates, and it offers investment management solutions to a diverse client base. - What is Morgan Stanley Capital Partners?
Morgan Stanley Capital Partners is described as the middle‑market focused private equity team within Morgan Stanley Investment Management. It focuses on privately negotiated equity and equity‑related investments primarily in North America across subsectors in business services, consumer, healthcare, education and industrials markets. - What is Morgan Stanley Real Estate Investing?
Morgan Stanley Real Estate Investing is the global private real estate investment management business of Morgan Stanley. It pursues global value‑add/opportunistic and regional core/core‑plus real estate investment strategies and manages a large portfolio of real estate assets on behalf of clients. - How does Morgan Stanley communicate its financial results?
Morgan Stanley uses current reports on Form 8‑K to release quarterly and annual financial information. These filings typically include a press release and a financial data supplement as exhibits, and the firm may also hold investor conference calls accompanied by presentations. - What types of securities, besides common stock, has Morgan Stanley issued?
According to its Form 8‑K filings, Morgan Stanley has issued several series of non‑cumulative preferred stock represented by depositary shares, as well as global medium‑term notes. These securities, along with the common stock, are listed on the New York Stock Exchange under various trading symbols. - What is the Morgan Stanley China A Share Fund?
The Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) is a non‑diversified, closed‑end management investment company that seeks capital growth by investing, under normal circumstances, at least 80% of its assets in A‑shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. - Has Morgan Stanley discussed its regulatory capital requirements?
Yes. In a Form 8‑K, Morgan Stanley reported that the Federal Reserve reduced its Stress Capital Buffer to a specified percentage effective on a particular date, and it provided information on its U.S. Basel III Standardized Approach Common Equity Tier 1 ratio. Another filing discussed expectations for the SCB following supervisory stress tests and noted a proposed rulemaking that could change SCB calculations.