Profile: Morgan Stanley (MS.N)
21 Oct 2016
Morgan Stanley, incorporated on October 1, 1981, is a financial holding company. The Company is a global financial services firm that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for governments, institutions and individuals. The Company's segments include Institutional Securities, Wealth Management and Investment Management. Through its subsidiaries and affiliates, the Company provides a range of products and services to a group of clients and customers, including corporations, governments, financial institutions and individuals.
The Company's Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients. Investment banking services comprise capital raising and financial advisory services, including services relating to the underwriting of debt, equity and other securities, as well as advice on mergers and acquisitions, restructurings, real estate and project finance. Sales and trading services include sales, financing and market-making activities in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services. Other services include corporate lending activities and credit products, investments and research. In connection with the commodities activities in its Institutional Securities business segment, the Company engages in the production, storage, transportation, marketing and execution of transactions in several commodities, including metals, natural gas, electric power, emission credits and other commodity products.
In addition, the Company is an electricity power marketer in the United States and owns electricity generating facilities in the United States. The Company's prime brokerage services to clients include consolidated clearance, settlement, custody, financing and portfolio reporting. The Company trades, invests and makes markets in listed futures, over-the-counter (OTC) swaps, forwards, options and other derivatives referencing, interest rates, currencies, investment grade and non-investment grade corporate credits, loans, bonds, the United States and other sovereign securities, market bonds and loans, credit indices, asset-backed security indices, property indices, mortgage-related and other asset-backed securities, and real estate loan products. The Company uses these instruments for market-making, foreign currency exposure management, and asset and liability management.
The Company's Wealth Management business segment provides an array of financial services and solutions to individual investors and small-to-medium sized businesses and institutions covering brokerage and investment advisory services, market-making activities in fixed income securities, financial and wealth planning services, annuity and insurance products, credit and other lending products, banking and retirement plan services. The principal Wealth Management lending activities include securities-based lending and residential real estate loans. Securities-based lending provided to the Company's retail clients is primarily conducted through its Portfolio Loan Account (PLA) and Liquidity Access Line (LAL) platforms. The Wealth Management business segment also provides margin lending to clients.
The Company's Investment Management business segment provides a range of investment strategies and products that span geographies, asset classes, and public and private markets, to a group of clients across institutional and intermediary channels. Institutional clients include defined benefit/defined contribution pensions, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors and corporations. Individual clients are serviced through intermediaries, including affiliated and non-affiliated distributors. Strategies and products comprise traditional asset management, including equity, fixed income, liquidity, alternatives and managed futures products, as well as merchant banking and real estate investing. The Investment Management business segment generates investment banking revenues primarily from the acquisition of investments in mature real estate and merchant banking funds. Investments revenue primarily consists of real estate and private equity investments that generally are held for long-term appreciation and generally subject to sales restrictions.
NEW YORK NY 10036-8200