Our Insights
Our Insights
STAY UP TO DATE
- Sign Up For Our 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.
Featured

2024 Election Updates

Our Insights

Fall Planning for Your Finances

Our Insights

Could AI Robots Help Fill the Labor Gap?

Our Insights
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 Ventures Group
  
  From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success.
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 89 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.
Why Us
Why Us
- For 89 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals.
  
  Why Morgan Stanley
  
  At Morgan Stanley, we focus the expertise of the entire firm—our advice, data, strategies and insights—on creating solutions for our clients, large and small.
- For 89 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals.
  
  How We Can Help
  
  We have the experience and agility to partner with clients from individual investors to global CEOs. See how we can help you work toward your goals—even as they evolve over years or generations.
- For 89 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals.
  
  Building a Future We Believe In
  
  At Morgan Stanley, we put our beliefs to work. We lead with exceptional ideas, prioritize diversity and inclusion and find meaningful ways to give back—all to contribute to a future that benefits our clients and communities.
- For 89 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals.
  
  Get Started
  
  Meet one of our Financial Advisors and see how we can help you.
- For 89 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals.
  
  Stay in the Know
  
  Get the latest insights, analyses and market trends in our newsletter, podcasts and videos.
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

Online Security

Romance Scams

According to the Federal Trade Commission (FTC), Romance Scams are one of the top five scams targeting American seniors age 60 and above—and have increased significantly in recent years.

How Romance Scams Work

Sadly, these scenarios take place every day. Cybercriminals who adopt fake online identities to gain affection and trust steal millions each year. They use the illusion of a close romantic relationship to manipulate their victims, often using social media postings to better understand their targets. To avoid in-person meetings, the scam artist may make up a host of excuses, such as working in an industry that requires extensive overseas travel for long-term projects.

1

You begin using an online dating platform or social media channel to connect with a possible companion.

2

You develop a rapport with someone online and your relationship begins to deepen.

3

Your romantic interest asks you to pay for a medical emergency, legal fees or travel expenses.

4

You pay the requested amount via wire transfer for gift card. Once the money is received, the person discontinues contact.

1

Reach Out To a Trusted Expert

Reach out to a trusted individual for guidance, such as a friend, family member or your Morgan Stanley Financial Advisor.
2

Contact Your Financial Institution

If you shared any bank account information or sent money, contact your financial institution immediately to discuss cancelling any fraudulent transactions and possibly opening a new account.
3

Report Your Situation

Report the incident to the FTC and visit IdentityTheft.gov for more information and specific actions based on your situation.

Tips and Best Practices

Romance scams are getting more advance and tricky to distinguish. Here are some tips and best practices to help avoid these types of scams.

DO

Do take it slowly and ask a lot of questions. Always watch for inconsistencies that might reveal an imposter.

DON’T

Don't send money to someone whom you have never met in person and have only engaged with online.

DO

Do check the photo your correspondent is using by conducting an online reverse image search. If the same picture shows up elsewhere with a different name attached to it, that’s a sign a scammer may have stolen it.

DON’T

Don't share your bank account information or any information for a financial institution.

DO

Do be wary of overly flirtatious and complimentary emails. Paste the text into a search engine and see if the same words show up elsewhere.

DON'T

Don't share any intimate photos with a person whom you recently connected with online. A scammer may use these pictures for extortion.

DO

Do cut all communications with the perpetrator if you feel that something is amiss.

DON'T

Don't ignore red flags or dynamics that make you uncomfortable (e.g., your romantic prospect promises to meet in person, but then always comes up with an excuse for why they can’t).

Other Scams to Be Aware Of

Wealth Management Tech Support Scams Fraud artists are savvy and can be very convincing. The Tech Support Scam is a popular social engineering technique, with several twists.

Wealth Management Grandparent Scams Out of the blue you get an email from your granddaughter who is studying abroad. She mentions the country where she’s living and says she’s in distress — her credit cards, passport and phone have all been stolen and she needs you to wire money to her international bank account right away.

Wealth Management Advance Fees Scams If something sounds too good to be true, it usually is. Keeping that age-old adage in mind is the best way to spot and thwart Advance Fee Scams.

Wealth Management P2P Payment Scams More and more people are using mobile payment apps like Zelle®, Venmo® or CashApp®. P2P payments can make splitting the bill or paying for a service simple and convenient, but vigilance is key.

Wealth Management Tech Support Scams

Wealth Management Grandparent Scams

Wealth Management Advance Fees Scams

Wealth Management P2P Payment Scams

Security Center

At Morgan Stanley, safeguarding your assets and personal information is among our highest priorities. Learn about our security measures and use our resources and ideas to help protect yourself online.

Learn How to Protect Yourself

Sources:

“Among older adults, hardest hit were the 60-69 and 70-79 age groups, which reported $129 million of the 2020 reported losses, making romance scams the category of highest reported losses for both groups.” Source: Protecting Older Consumers 2020–2021, A Report of the Federal Trade Commission, 34, October 18, 2021. https://www.ftc.gov/system/files/documents/reports/protecting-older-consumers-2020-2021-report-federal-trade-commission/protecting-older consumers-report-508.pdf

https://www.fbi.gov/scams-and-safety/common-scams-and-crimes/romance-scams

https://www.ftc.gov/system/files/documents/reports/protecting-older-consumers-2020-2021-report-federal-trade-commission/protecting-older-consumers-report-508.pdf

https://www.bbb.org/article/news-releases/17057-online-romance-scams-a-bbb-study-on-how-scammers-use-impersonation-blackmail-and-trickery-to-steal-fromunsuspecting-daters?utm_term=romance%20scams&utm_source=adwords&utm_medium=ppc&utm_campaign=Romance%20Scam&hsa_cam=1059441484&hsa_

ver=3&hsa_src=g&hsa_acc=1954580365&hsa_ad=251173099865&hsa_net=adwords&hsa_tgt=kwd-351854428&hsa_grp=52185115095&hsa_mt=b&hsa_kw=romance%

20scams&gclid=EAIaIQobChMIrpn3kPDH8wIVGeR3Ch2JIQDBEAAYAyAAEgITtfD_BwE

https://www.aarp.org/money/scams-fraud/info-2019/romance.html?CMP=KNC-DSO-FRAUD-Ongoing-RomanceScams-3075-GOOG-ONGOING-RomanceScams-Exact-

NonBrand&ds_rl=1295568&gclid=EAIaIQobChMIrpn3kPDH8wIVGeR3Ch2JIQDBEAAYAiAAEgLAQfD_BwE&gclsrc=aw.ds

This material may provide the addresses of, or contain hyperlinks to, websites. Except to the extent to which the material refers to website material of Morgan Stanley Wealth Management, the firm has not reviewed the linked site. Equally, except to the extent to which the material refers to website material of Morgan Stanley Wealth Management, the firm takes no responsibility for, and makes no representations or warranties whatsoever as to, the data and information contained therein. Such address or hyperlink (including addresses or hyperlinks to website material of Morgan Stanley Wealth Management) is provided solely for your convenience and information and the content of the linked site does not in any way form part of this document. Accessing such website or following such link through the material or the website of the firm shall be at your own risk and we shall have no liability arising out of, or in connection with, any such referenced website.

Morgan Stanley Wealth Management is a business of Morgan Stanley Smith Barney LLC.

View Disclosures Close Disclosures

Romance Scams

How Romance Scams Work

1

2

3

4

Action Steps to Prevent Romance Scams

Tips and Best Practices

DO

DON’T

DO

DON’T

DO

DON'T

DO

DON'T

Other Scams to Be Aware Of

Security Center