Morgan Stanley is a publicly traded global financial services firm headquartered in New York City. Founded in 1935 by Henry Sturgis Morgan and Harold Stanley, the company was established following the Glass-Steagall Act to provide investment banking services. Today, Morgan Stanley operates in more than 42 countries and offers services across institutional securities, wealth management, and investment management. The firm serves corporations, governments, institutions, and individuals, providing solutions such as capital raising, mergers and acquisitions advisory, trading, and asset management. Morgan Stanley converted to a bank holding company during the 2008 financial crisis and has since expanded its retail and digital capabilities through acquisitions, including E*TRADE in 2020 and Eaton Vance in 2021. The company trades on the New York Stock Exchange under the ticker symbol MS and is considered systemically important by global regulators.