Our Insights
Our Insights
STAY UP TO DATE
- Sign Up For the Five Ideas Newsletter
- Listen To Our Podcasts
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Personal Finance
  
  Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals.
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Market Trends
  
  From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets.
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Technology & Disruption
  
  Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments.
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Sustainability
  
  Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics.
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Diversity & Inclusion
  
  Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success.
- At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues.
  
  Morgan Stanley Institute
  
  Signal that moves capital. The Morgan Stanley Institute delivers integrated insights on the defining questions for financial decision makers.
Featured

2026 Outlooks

Insights

Hard Lessons

Insights

Energy Markets Race to Solve the AI Power Bottleneck

Morgan Stanley Institute
What We Do
What We Do
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Wealth Management
  
  We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Investment Banking & Capital Markets
  
  We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Sales & Trading
  
  Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Research
  
  We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Investment Management
  
  We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Morgan Stanley at Work
  
  We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Sustainable Investing
  
  We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues.
- Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals.
  
  Inclusive & Sustainable Ventures
  
  From our startup lab to our cutting-edge research, we broaden access to capital for entrepreneurs and spotlight their success.
Featured

Get Matched with a Financial Advisor

Wealth Management

Explore What We Offer

E*TRADE from Morgan Stanley

Watch Our Client Success Stories

The Morgan Stanley Blueprint
About Us
About Us
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Core Values
  
  Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Leadership
  
  Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  History
  
  From our origins as a small Wall Street partnership to becoming a global firm of more than 80,000 employees today, Morgan Stanley has been committed to clients and communities for 90 years.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Locations
  
  The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Diversity
  
  Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Sustainability
  
  Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Giving Back
  
  At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Technology
  
  As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses.
- Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.
  
  Sponsorships
  
  At Morgan Stanley, we believe creating a more equitable society begins with investing in access, knowledge and resources to foster potential for all. We are committed to supporting the next generation of leaders and ensuring that they reflect the diversity of the world they inherit.
Careers
Careers
- We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you.
  
  Students & Graduates
  
  A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley.
- We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you.
  
  Experienced Professionals
  
  At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. See how you can continue your career journey at Morgan Stanley.
- We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you.
  
  Experienced Financial Advisors
  
  At Morgan Stanley, our premier brand, robust resources and market leadership can offer you a new opportunity to grow your practice and continue to fulfill on your commitment to deliver tailored wealth management advice that helps your clients reach their financial goals.
Featured

Explore Our Culture

Careers

Yes, You Can Be a Tech Innovator at Morgan Stanley

Technology

UK Gender Pay Gap 2025

March 31, 2026

Memorandum from Clare Woodman to Morgan Stanley UK Employees

In accordance with UK Government regulations, today we published our UK Gender Pay Gap Report for 2025.

This year’s results reflect modest but consistent year-over-year progress in narrowing the pay gap since our first year of reporting. Our 2025 median pay gap figure represents an improvement on last year and from our first reporting year. We recognize there is more to do to achieve gender balance across the Firm and remain committed to long-term progress, particularly in our senior leadership levels.

As signatories to the UK Women in Finance Charter, we also measure our progress to commitments to increasing senior leadership, and we have seen positive momentum across our promotion classes and hiring, reinforcing the positive impact of our continued efforts.

The EMEA Operating Committee remains fully committed to partnering closely with the EMEA Diversity and Talent Action Council to advance our five-point action plan and ensure that Morgan Stanley is a firm where all can succeed. I look forward to partnering with you to continue all of our inclusion priorities.

I confirm the data in this report is accurate.

Clare Woodman

Head of Europe, the Middle East and Africa (EMEA), Latin America and Canada, and CEO of Morgan Stanley & Co. International

Executive Summary – Morgan Stanley UK Group

In this summary, we review the combined data of the three entities within the Morgan Stanley UK Group which provides a more balanced reflection of our total UK workforce and enables us to highlight trends.

Fairness in our pay practices is central to our compensation strategy. Underlying our results is a greater proportion of men than women in senior positions and in businesses with the highest market rates of pay. We persist in our commitment to reduce our Gender Pay Gap, and are confident that our focus on retention, advancement and succession planning will help us address this.

Median Hourly Pay and Bonus Pay

Our 2025 median hourly pay gap is 26.2%, a 9.0 percentage point decrease from our first report for 2017. Whilst this demonstrates that our efforts to narrow the pay gap are yielding results, we have considerable work remaining to achieve gender balance across all levels.

Our 2025 median bonus gap decreased to 48.2%, a 7.4 percentage point improvement from our first report in 2017. This improvement is mainly driven by our infrastructure entity, Morgan Stanley UK Ltd. We remain firmly committed to narrowing the overall gap and increasing the representation of women across entry and mid level roles. We also recognise that achieving sustained gender balance at senior management levels requires time, focus and consistent action, not only strengthening our hiring pipeline, but also with focused retention, career development and advancement initiatives.

Proportion Receiving a Bonus and Pay Quartiles

93.6% of women received a bonus in 2025, reflecting a YOY increase.

Representation of women in the top quartile improved by 1.3% in 2025, a 7.2 percentage point increase in our representation since our first report. The composition of our workforce is illustrated in the diagram above, showing the percentage of women in each pay quartile for the Morgan Stanley UK Group.

Statutory Figures – Morgan Stanley UK Group: Morgan Stanley UK Limited, Morgan Stanley Employment Services Limited and Morgan Stanley & Co. International Plc

Detailed below is a full summary of all statutory Gender Pay Gap data for the three Morgan Stanley UK entities that had 250 or more employees as of April 2025 and comprise the Morgan Stanley UK Group (MSUK Group).

Morgan Stanley UK Limited (MSUK – predominantly support functions)
Morgan Stanley Employment Services Limited (MSES – mixture of revenue and support divisions)
Morgan Stanley & Co International Plc – (MSIP – predominantly revenue generating divisions)

The Gender Pay Gap Explained

The Gender Pay Gap is the average pay difference between women and men across an organisation regardless of role or level. The Gender Pay Gap is different to equal pay. Equal pay ensures that women and men are being paid equally for the same or similar role, or for work of equal value. The Firm is committed to ensuring compensation and reward decisions are fair, equitable and consistent, and are made based on an individual’s role, performance, and experience regardless of gender, race, ethnicity or any other demographic.