Morgan Stanley
Ranking in the 61st and 261st position of the Fortune 500 and Fortune Global 500 lists as one of the largest corporations in the United States and the world at large in terms of revenue generation and market size, Morgan Stanley has continued to be a top leading investment company in the financial market. The company’s apex headquarters is situated in the most populous city in the united states, at 1585 Broadway in Midtown Manhattan, NYC, New York. In its entirety, Morgan Stanley as a company is a financial investment firm that deals with capital investment and management, that is in other words, the company helps people – individuals, firms, including private and public companies, families, and government, – to raise, control, manage, and supply the money and resources need for them to become successful over a pursuit. Morgan Stanley’s business segments include wealth management, investment banking, capital markets, sales and trading, and investment management. Founded in the year, 1935, approximately, 87 years ago, Morgan Stanley has continued to evolve exponentially over the years undergoing significant changes all through its transition period during these long years. In this article, however, you will be shown a more detailed, comprehensive, and extensive review of Morgan Stanley. The kickoff will begin with the company’s key facts and it will flow to all aspects of its entire operations, and dealings. As such, all relevant information detailing its key facts, historical background, its divisions, its financial overview, as well as its pros and cons will be concisely covered to enable you to understand the significant and major elements of the global conglomerate corporation as quickly as possible.
Morgan Stanley Key Facts
Founding Year: Morgan Stanley was founded in the year1935, approximately 87 years ago.
Industrial Ranking: It is proud to be ranked #261 on the Fortune Global 500 list, indicating the company to be one of the largest in the world. Additionally, the corporation also ranks #61 on Fortune 500 list, indicating the company as one of the largest corporations with higher revenue in the United States.
Company Type: A Public Corporation Company (PLC)
Market Reach: It operates globally, and has its offices mounted strategically in several countries across the world.
Industry Type: Financial Services
Trading Type: It is traded on the New York Stock Exchange (NYSE) market under the ticker symbol, MS. The company’s stock is a component of the S&P 100 and S&P 500 respectively.
Workforce Strength: It has a total number of 75, 000 employees in its workforce globally as of the 2021 report.
Brands/Affiliate: Morgan Stanley Wealth Management, E-Trade, Eaton Vance, Solium
Morgan Stanley Historical Background
Morgan Stanley could trace its history to the year 1935 when it was founded on September 16 by Morgan Stanley at 2, Wall Street, New York City, New York United States with only one goal in mind – a strong commitment to the community and the nation at large. Since 1935 up to this present time, however, the company has accumulated a broad range of historical milestones and cutting-edge events, as well as some drawbacks which are inevitable to every business. In this section, however, for the sake of brevity, you would be shown only the notable history of this company.
In the year of its establishment, 1935, Morgan Stanley launched its first initial public offering (IPO) as well as a private placement, all amounting to a total sum of USD 1.1 Billion.
In the year 1940, the company’s co-founder with the name, Harold Stanley founded a social program that portrays the company’s commitment to the health of children. In that year, he raised a total sum of USD 1.5 Million for the U.S. Committee in charge of the care of European Children. The amount is the equivalent of USD 25 Million as of 2014.
In the year 1941, in a bid to expand the business into operating in a more broad and extensive scope, It undergoes a general restructuring in which technology changes the scope of the business into partnership business, and in the succeeding year, 1942, the firm entered into the New Your Stock Exchange Market (NYSE).
In the year 1952, after the World War II event, Europe witnessed a post-effect of the world war which shoved the country into the brink of struggle. However, during this year, It alongside the World Bank managed a $50 million offering bond to help reinstate and rebuild Europe.
In the year 1961, It founded its foundation, set to operate under the name, Morgan Stanley Foundation. The year 1962, the company’s founder Morgan Stanley, builds the world’s first computer model to be used by financial experts. And in the year 1967, as a result of the company’s need to pursue the evolving European securities market, Morgan Stanley expanded into Paris by founding Morgan & Cie International.
In the year 1970, It emerges as the first foreign investment bank to build a branch office in Tokyo, Japan. And throughout the 1970s, Morgan Stanley built and launched several departments under its management which include but are not limited to the research department, sales and trading, Investment Management department, as well as Private Wealth management.
In the 1980s, It built the world’s first automatic trade processing system in the year 1984, and in the year 1985, the company launched its Fixed Income segment. And in a bid to expand more and establish its international tentacles, Morgan Stanley rolled out a bond for fundraising tailored for growth. And during that period, Morgan Stanley extends to several countries in Europe and Asia respectively.
In the year 1997, Morgan Stanley merged with Dean. Witter, Discover & Co., creating the world’s largest security firm up to this present day. In the succeeding years after this event, the company expands further in Asia, especially in China, and also extended into the Latin American market.
In the years 2000 – 2007, Morgan Stanley pursued a significant social course alongside the effort of its workforce and raised a total sum of USD 60 Million to establish Morgan Stanley Children’s Hospital which is located in the heart of New York-Presbyterian Hospital.
In the year 2018, the company partnered with Mitsubishi UFJ Financial Group, making it become a bank holding company. And in the year 2013, Morgan Stanley became a complete owner of the leading wealth management franchises in the world after its complete purchase of its joint venture operating under the name, Morgan Stanley Wealth Management.
In the year 2014, in a bid to foster large-scale global sustainability and create a positive social impact, the firm made a significant history by launching a platform for investing, operating under the name, Impact platform and the Morgan Stanley Institute for Sustainable Investing.
In the year 2020, Morgan Stanley acquired E-Trade completely, making it become one of its major subsidiaries up to the present time. The acquisition costs a total sum of USD 13 Billion, making it become the largest acquisition by an American bank since the global financial crisis.
In the year 2021, March, the company also purchase Eaton Vance, making it control of a total sum of USD 5.4 Trillion in client assets under its Wealth Management and Investment Management division.
Morgan Stanley Business Segments and Divisions
Wealth Management
Investment Banking And Capital Markets
Sales And Trading
Investment Management
Morgan Stanley Financial Overview
Revenue: 61. 121 Billion USD (Fortune 2021)
Net Income: 15.034 Billion USD (Fortune 2021)
Operating Income: 19.7 Billion USD (2021)
Total Equity: 105. 441 Billion USD (Fortune 2021)
AUM: 6.495 Billion USD (2021)
Total Assets: I.188 Trillion USD (Fortune 2021)
Market Value: 142. 829 Billion USD
Morgan Stanley Brands and Subsidiaries
MORGAN STANLEY WEALTH MANAGEMENT
E-TRADE
EATON VANCE
SOLIUM
Pros and Cons of Morgan Stanley
This section will enlist the pros and cons of Morgan Stanley company according to employees’ reviews on Glassdoor as well as a deep study of the company.
Pros
Corporate Culture
Fast-paced Career Progression
Competitive Pay and Remunerations
Amazing Workplace with, Great Structure, Great People
Sufficient Industry Experience
Staff Welferism and Tons of Perks
Cons
Micro Management
Limited Space To Park
Relatively Low Support from the Management
No Work/Life Balance
Under Staffing
Conclusion
In a nutshell, Morgan Stanley is no doubt an amusing and intriguing case to study as a result of its long-shot years in the industry, its cutting-edge and innovative milestones as well as its commitment to sustainable growth, and social services, as well as its self-expansion. As seen in the above-detailed history that the company leverages its industrial insights and expertise to attain such a great feat and it’s still dedicated to doing the same in years to come. Finally, I hope your expectation highlighted in the introductory portion of this paper have been addressed extensively and that you can absorb all there is to know about this company. However, on the off chance that you are yet to completely absorb all that is drafted in this piece at once, I recommend that you review it over and over again until you are in sync with the entire information.
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