Morgan Stanley Reports Over $1 Trillion Shift to Adviser-Led Wealth Management Strategy
Morgan Stanley reported that over $1 trillion in client money has shifted from E*TRADE and workplace accounts into its adviser-led wealth management strategy, as stated by CFO Sharon Yeshaya during the Q1 2026 earnings call. This migration is a key driver of growth for Morgan Stanley's Wealth Management segment, which now holds $7.34 trillion in client assets.
Topics: Adviser-led Strategy Earnings Call Morgan Stanley Wealth Management