Morgan Stanley Sees Wealth-Management Boom -- WSJ
Dow Jones2026/10/14 11:51By Jasmine Li
Morgan Stanley's wealth management business posted record-high revenue of $9.07 billion in the third quarter, thanks to IPOs and advisory fees.
-- Net new assets were $232 billion, with just over half associated with IPO-related flows, the bank said.
-- Fee-based flows were $80 billion. The bank cited strength in its advisor-led channel and a new corporate retirement mandate.
-- Total client assets across wealth and investment management grew to $10.5 trillion.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 14, 2026 07:51 ET (11:51 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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