Record Earnings and Revenue Growth
Morgan Stanley reported fourth quarter revenues of $16.2 billion and full-year revenues of $61.8 billion. The fourth quarter earnings per share reached $2.22, the highest in over 15 years, contributing to a full-year EPS of $7.95.
Strong Performance in Institutional Securities
Institutional Securities delivered annual revenues of $28.1 billion, with growth across regions and products. The segment achieved its highest reported equity revenues and combined equity and fixed income markets results.
Wealth Management Growth
Wealth Management reported record revenues of $28.4 billion for the year, with pretax profit of $7.7 billion. The segment saw net new assets of $252 billion, representing approximately 5% annual growth.
Investment Management Achievements
The Investment Management business reported annual revenues of $5.9 billion and reached a new AUM peak of $1.7 trillion, supported by market gains and net inflows.
Expansion of Fee-Based Flows
Fee-based flows in Wealth Management reached an exceptional $123 billion in 2024, indicating strong momentum and client engagement.