Morgan Stanley Inc.
Morgan Stanley Building, 1585 Broadway
New York, NY, United States
Web Site: www.morganstanley.com
Morgan Stanley is an American multinational financial services corporation headquartered in theMorgan Stanley Building, Midtown Manhattan, New York City. Morgan Stanley operates in 42 countries and has more than 1300 offices and 60,000 employees. According to the Scorpio Partnership Global Private Banking Benchmark, the company had $1.454 trillion of assets under management (AUM) in 2014, an increase of 17.5% over its 2013 figure.
The corporation, formed by J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan), Harold Stanleyand others, came into existence on September 16, 1935, in response to the Glass-Steagall Act that required the splitting of commercial and investment banking businesses. In its first year the company operated with a 24% market share (US$1.1 billion) in public offerings and private placements. The main areas of business for the firm today areGlobal Wealth Management, Institutional Securities, and Investment Management.
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