What Does Morgan Stanley Offer?
Institutional Securities: It consists of five sub-divisions:
Equity Trading – makes market in and trades equities and equity-related products, structures & derivatives
FICC Trading – makes markets in and trades interest rate products, mortgage-related securities, loan products, currencies, commodities etc.
Equity Underwriting & Debt Origination – offers equity & debt underwriting services, which includes public offerings and private placements.
M&A Advisory – provides advisory services in Mergers & Acquisitions (M&A) and financial restructuring
Principal Investments & Other – includes returns and overrides on corporate & real estate investments made by bank-managed merchant banking funds
Wealth Management: It provides financial services (like brokerage, investment advisory, financial planning, insurance, securities-based loans etc.) to wealthy individuals as well as small- to medium-sized businesses and institutions.
Investment Management: This division provides retail investors with a full range of mutual fund and alternative investment products, and institutional clients with a fully-integrated asset management offering.
Who Are The Clients?
Morgan Stanley provides investment banking, sales & trading, investment management and wealth management services to
Corporates GovernmentsInstitutional Investors such as pension funds, mutual funds and hedge funds High Net-worth Individuals
What Are The Alternatives?
Morgan Stanley's business model faces stiff challenges and competition from offerings by its global competitors such as:
JPMorganGoldman SachsWells FargoCitigroupBank of America