New York-headquartered investment banking giant Morgan Stanley is divided into three main businesses: institutional securities, investment management, and wealth management. Institutional securities includes M&A advisory, restructuring, real estate, project finance, capital raising, equity and fixed income sales and trading, and corporate lending. Investment management includes institutional investment products and mutual funds across a range of fixed income, equity, and alternative investments. Wealth management provides financial planning and wealth management services, annuities and insurance, and brokerage and investment advisory services that cover a wide range of investment alternatives.

The firm’s history can be traced to 1935, when J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan) and Harold Stanley left the firm to start their own company: Morgan Stanley. Today, 85 years later, Morgan Stanley is known as one of the leading investment banks in the world. It has one of the top financial advisor sales forces in the industry. And it regularly works on the most high-profile deals on Wall Street.

Underscoring Morgan Stanley’s consistent placing atop the most important league tables, for the first three quarters of 2020, the firm ranked No. 2 in global equity underwriting, No. 3 in U.S. equity underwriting, No. 4 in global IPO underwriting, No. 4 in U.S. IPO underwriting, No. 3 in worldwide announced M&A deal volume, and No. 2 in U.S. announced M&A deal volume.

The bank is led by James Gorman, its chairman and CEO. Morgan Stanley employs more than 60,000 employees globally.