Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Commission File Number 1-11758 Morgan Stanley (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------|--------------- ...

Morgan Stanley (NYSE:MS) Q3 2021 Earnings Conference Call October 14, 2021 8:30 AM ET Company Participants James Gorman – Chief Executive Officer Sharon Yeshaya – Chief Financial Officer Conference Call Participants Glenn Schorr – Evercore ISI Brennan Hawken – UBS Steven Chubak – Wolfe Research Bernard Von Gizycki – Deutsche Bank Gerard Cassidy – RBC Capital Mike Mayo – Wells Fargo Securities Dan Fannon – Jefferies Devin Ryan – JMP Securities Andrew Lim – SocGen Operator Good morning. On behalf of Morgan St ...

Morgan Stanley (NYSE:MS) Barclays 19th Annual Global Financial Services Conference September 14, 2021 2:45 PM ET Company Participants Jonathan Pruzan - Chief Operating Officer Conference Call Participants Jason Goldberg - Barclays Jason Goldberg This is Jason Goldberg, and I cover the U.S. large-cap bank stocks here at Barclays. And this is our 19th Annual Global Financial Services Conference. Next up, very pleased to have Morgan Stanley and from the company we have Jon Pruzan, their Chief Operating Officer ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 Commission File Number 1-11758 Morgan Stanley (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------|-------------------------- ...

Morgan Stanley (NYSE:MS) Q2 2021 Earnings Conference Call July 15, 2021 8:30 AM ET Company Participants James Gorman - Chairman and Chief Executive Officer Sharon Yeshaya - Chief Financial Officer Jon Pruzan - Chief Operating Officer Conference Call Participants Glenn Schorr - Evercore Brennan Hawken - UBS Steven Chubak - Wolfe Research Bernard Von Gizycki - Deutsche Bank Christian Bolu - Autonomous Mike Mayo - Wells Fargo Securities Ebrahim Poonawala - Bank of America Jeremy Sigee - BNP Paribas Dan Fannon ...

Morgan Stanley (NYSE:MS) Morgan Stanley U.S. Financials, Payments and Commercial Real Estate Conference Call June 14, 2021 8:45 AM ET Company Participants Andy Saperstein - Co-President, Head of Wealth Management Betsy Graseck - Analyst Conference Call Participants Betsy Graseck Thanks for joining us here. I am pleased to have with me Andy Saperstein, Co-President of Morgan Stanley and Head of Morgan Stanley Wealth Management. Andy will start with some slides and then we’re going to move to Q&A, but before ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Commission File Number 1-11758 Morgan Stanley (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------ ...

Financial Data and Key Metrics Changes - The company generated record revenues of $15.7 billion in Q1 2021, with a return on tangible common equity (ROTCE) of 21.4% and an efficiency ratio of 66% [3][10] - Pre-tax margin was reported at 27.9%, with expectations to exceed 30% as interest rates increase [4] - The provision for credit losses on held-for-investment loans and lending commitments is now presented as a separate line in the income statement [10][11] Business Line Data and Key Metrics Changes - Wealth Management generated approximately $6 billion in revenues, with net new assets of $105 billion, marking the best quarterly flows ever [3][18] - Institutional Securities revenues reached a record $8.6 billion, with fixed income and investment banking revenues also at record levels [5][12] - Investment Management reported pro forma assets under management (AUM) of $1.4 trillion, with pro forma net flows of $53 billion, indicating an annualized organic growth rate of 16% [6][25] Market Data and Key Metrics Changes - The first quarter of 2021 set new records in Asia and Europe for investment banking and fixed income performance, with strong client engagement across regions [12][13] - Equity revenues reached $2.9 billion, the strongest in a decade, driven by elevated global equity market volumes [14] - Fixed income revenues were reported at $3 billion, the highest for a first quarter in a decade, reflecting broad-based performance across products [15] Company Strategy and Development Direction - The company is focused on integrating the acquisitions of E*TRADE and Eaton Vance, which are expected to drive growth in client assets and enhance service offerings [9][23] - The workplace business is seen as a significant growth engine, with a strong pipeline and record participant additions [22] - The company aims to achieve $10 trillion in assets under management, leveraging multiple growth verticals from recent acquisitions [72] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the firm's ability to navigate complex situations, such as the Archegos collapse, and emphasized the importance of risk management [39][41] - The outlook for net interest income (NII) remains positive, driven by loan growth and funding synergies from the E*TRADE acquisition [20][36] - Management highlighted the strong client engagement and market conditions as supportive of continued performance [66] Other Important Information - The company incurred a net loss of $644 million related to the Archegos situation, with an additional loss of $267 million from derisking positions [7][8] - The integration of Eaton Vance is progressing well, with strong momentum in net flows and AUM growth [25][26] Q&A Session Summary Question: How much of the Wealth Management growth was attributable to E*TRADE? - Management indicated that while E*TRADE contributed to growth, the core business also showed significant organic growth, with a target of 4% to 6% annual growth [30][33] Question: What were the learnings from the Archegos situation? - Management noted the importance of transparency and risk management, particularly regarding family office relationships, and emphasized that the incident would not change their view of the prime brokerage business [38][40] Question: What is the outlook for retail trading volumes post-pandemic? - Management expressed optimism about sustaining elevated trading volumes due to strong client engagement, although they acknowledged that market conditions could change [58][60] Question: What initiatives are in place to drive growth from E*TRADE and Eaton Vance? - Management highlighted the focus on deliberate integration, enhancing client experiences, and leveraging data analytics to improve service delivery [69][70]