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The History of Morgan Stanley
Morgan Stanley was founded in 1935, following the separation of commercial and investment banking in the United States. It started with just 13 employees but quickly became one of Wall Street's leading investment banks.
Over the decades, Morgan Stanley played a major role in corporate finance, major IPOs, and the development of global financial markets.
In 1997, Morgan Stanley merged with Dean Witter, significantly expanding its business. After the 2008 financial crisis, the company placed greater emphasis on wealth management.
In 2020, Morgan Stanley acquired E*TRADE, strengthening its position in digital investing.
Today, Morgan Stanley combines investment banking, wealth management, asset management, technology, and AI.
From 13 employees in 1935 to a global financial powerhouse โ nearly 90 years of evolution driven by finance, technology, and constant adaptation.