Morgan Stanley has earned a worldwide reputation for excellence in financial advice and market execution. Today, Morgan Stanley is employing over 51,000 members in about 27 countries connect people, ideas and capital to help their clients reach their financial needs and future goals. (http://www.morganstanley.com). Ever since the year 1997, Morgan Stanley has joined forces with two respected organizations. Morgan Stanley, which was established in New York in 1935 combined with Dean Witter, which was as big and well-known as Morgan Stanley. Dean Witter was established in 1924 in San Francisco. Due to the fact that they have become more powerful by combining each other's advantages in the financial world, they have made many historic records. Some of these include in "national and international expansion, in the use of technology, and in the development of new financial tools and techniques that have redefined the meaning of financial services for individual, institutional and investment banking clients" (http://www.morganstanley.com/about/inside/history.html?page=about). According to the Morgan Stanley's website, it states that "Morgan Stanley is one of the world's largest diversified financial services companies, with a reputation for excellence in advice and execution on a global scale. Our Firm enjoys leading franchises in three attractive businesses: Global Securities, where Morgan Stanley serves individual and institutional investors and investment banking clients; Global Asset Management, with our highly rated Morgan Stanley and Van Kampen funds; and Global Credit Card Services, with our Discover Card, held by 40% of U.S. households, as well as a growing Morgan Stanley card business in the United Kingdom" (http://www.morganstanley.com/about/ir/index.html?page=inv). Because Morgan Stanley is business partners with one of the top credit card companies, more people are exposed to what Morgan Stanley has to offer to their clients. Dean Witter first office opened in 1924 in San Francisco. In 1935, Henry S Morgan, Harold Stanley and others leave J.P Morgan & Co. and Drexel & Co to form investment banking firm of Morgan Stanley & Co, Inc. The year of 1972 was when Morgan Stanley went public. Their Mission Statement is "Whether serving private individuals or Fortune 500 companies, Morgan Stanley Investment Management's vision is the same: to consistently help meet and exceed our clients' expectations. To do so, we have assembled what we believe to be one of the most formidable investment management organizations in the world, one designed to deliver upon the promise of Morgan Stanley to be our clients' first choice for achieving their financial aspirations" (catalog). The mission statement gives them credibility that if the client trusts the employees of Morgan Stanley, they will try even harder than what the clients will expect from them. This also shows that this company has good work ethics. The work ethics section of the web site states that "At Morgan Stanley, our vision is to be the world's first choice for achieving financial aspirations. Realizing this vision requires that we draw upon our strengths connecting people, ideas, and capital to help our clients meet their goals. Its success depends on fostering a culture where our five core values of integrity, excellence, respect for individuals and cultures, entrepreneurial spirit and teamwork are encouraged and rewarded" (http://www.morganstanley.com/about/inside/governance/msg_ethics.html?page=about). The workers will have to be proud of the company that they represent for and satisfied to work to their full potential to exceed their clients' expectations The organizational chart of Morgan Stanley is quiet simple and straight forward. The person with the most authority is the CEO. The President is under the CEO and the Vice President is under the President. Next are the Financial advisors and their secretaries. Most of the workers at Morgan Stanley including the...
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Morgan Stanley Investment Management (2004). Exceeding Expectations.
Corporate Governance. (n.d.). Retrieved November 9, 2004, from
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