Morgan Stanley Presents a Rare Conjunction Overview: Morgan Stanley provides investment banking products and services to its clients including corporations, governments, financial institutions and individuals. It operates though the following business segments: Institutional Securities, Wealth Management and Investment Management. The Institutional Services segments provides financial advisory, capital-raising services and related financing services on behalf of institutional investors. The Wealth Management segment offers brokerage and investment advisory services covering various types of investments, including equities, options, futures, foreign currencies, precious metals, managed futures, separately managed accounts and mutual fund asset allocation programs. The Investment Management segment provides equity, fixed income, alternative investments, real estate and merchant banking strategies. The company was founded by Harold Stanley and Henry S. Morgan. Founded: 1935