Who is the major shareholder of Morgan Stanley?

Morgan Stanley's largest shareholder is Mitsubishi UFJ Financial Group, or MUFG, which owns a stake of about 23.9% in the bank. MUFG is a Japanese financial services company that partnered with Morgan Stanley in 2008 during the financial crisis. The firms have a couple of successful joint ventures, and the companies have both recently committed to strengthening their alliance even more in the future.

Is Morgan Stanley owned by JPMorgan Chase?

JPMorgan Chase does not own Morgan Stanley, although its origins have a lot to do with that firm. After the Glass-Steagall Act, which required the separation of commercial and investment banking, a couple of partners from J.P. Morgan (including J.P. Morgan's grandson) founded Morgan Stanley in 1935.

Is Morgan Stanley privately owned?

No, Morgan Stanley is a publicly traded company. Its shares trade on the New York Stock Exchange under ticker symbol MS. Japanese financial services firm MUFG owns about 23% of the company, making it the largest shareholder by a wide margin.

Who acquired Morgan Stanley?

Morgan Stanley has never been acquired by another company. In a high-profile deal, it merged with Dean Witter Discover in the 1990s, which essentially led to the company’s current form. Morgan Stanley has been a publicly traded company for almost 40 years, and it is listed on the New York Stock Exchange under the ticker symbol MS.

Who Owns Morgan Stanley (MS)?

Who Owns Morgan Stanley?

By Matthew Frankel, CFP – Updated Jul 23, 2026 at 6:03 PM EST | Fact-checked by Parker Hicks

Key Points

Morgan Stanley is publicly traded, with MUFG as its major shareholder holding 23.9%.
To invest, buy shares via a U.S. brokerage by placing either a market or limit order.
Morgan Stanley offers extensive services beyond investment banking, including wealth management.

Before we get into who owns Morgan Stanley (MS -0.33%), let's start with a little background information.

Morgan Stanley is one of the largest financial institutions in the United States. It is best known for its massive investment banking business. It advises on mergers and acquisitions (M&A) and initial public offerings (IPOs), and it underwrites debt and equity offerings. It facilitates trades for clients and its own capital accounts. It has the largest wealth management business in the world.

However, Morgan Stanley isn't just an investment bank. Along with fellow investment banking giant Goldman Sachs (GS -1.25%), it became a bank holding company during the 2008 financial crisis.

In addition to its investment banking activities, Morgan Stanley has a large consumer-facing business thanks to its 2020 acquisition of investment platform E*TRADE from Morgan Stanley.

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NYSE: MS

Morgan Stanley

Today's Change

(-0.33%) $-0.70

Current Price

$214.48

Key Data Points

Market Cap

$338B

Day's Range

$211.21 - $216.40

52wk Range

$136.17 - $232.25

Volume

4.1M

Avg Vol

5.9M

Dividend Yield

1.86%

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Who is the owner of Morgan Stanley?

Like most large financial institutions, Morgan Stanley's current form is the result of several business combinations over a long period of time.

The original Morgan Stanley was founded in 1935 by two J.P. Morgan partners to split the investment banking business as a result of the Glass-Steagall Act. Over the years, it has made some big acquisitions, particularly a 1997 merger with Dean Witter Discover. Other notable acquisitions include E*TRADE in 2020 and Eaton Vance in 2021.

Morgan Stanley remained a private company until 1986, when its management decided it was the right time to go public. It has been a publicly traded company ever since, and trades on the New York Stock Exchange under the ticker symbol MS.

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Who are the largest shareholders?

Like most publicly traded companies, Morgan Stanley is owned primarily by institutional investors and others who are required to file a Form 13-F with the Securities and Exchange Commission (SEC). There are course, company insiders who own large amounts of stocks but this article will focus on the industry and institutional investors.

Largest institutional investors in Morgan Stanley

Morgan Stanley is a large company and is a member of some major stock indexes (including the S&P 500). Because of this, index funds own a significant stake, and many of the largest index fund companies are top institutional investors. Here's a rundown of the five largest institutional investors in Morgan Stanley.

Mitsubishi UFJ Financial Group (MUFG +1.19%) is by far the largest shareholder of Morgan Stanley. According to the latest information, MUFG owns 377.1 million shares, a stake of about 23.9% in the bank. MUFJ is a Japanese financial services company, which formed a partnership with Morgan Stanley in 2008 during the financial crisis, and the two firms operate several successful joint ventures together.
State Street Corp. (STT +0.65%) has 101.3 million shares of Morgan Stanley, or about 6.4% of the total company.
BlackRock (BLK +1.78%) owns 96.4 million shares of Morgan Stanley, a 6.1% stake in the business.
Vanguard is the second-largest institutional investor, with its funds owning about 77.72 million shares, accounting for a 4.9% stake.
JPMorgan Chase (JPM +0.95%) has roughly 43.6 million shares and a 2.8% ownership stake.

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Who is on the board of directors for Morgan Stanley?

Morgan Stanley has a rather large board of directors, with 15 members.

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Source: Morgan Stanley
NAME	ROLE	TENURE
Ted Pick	CEO and Chairman	Since 2025
Megan Butler	Director	Since 2024
Thomas Glocer	Director	Since 2013
Lynn Good	Director	Since 2025
Robert Herz	Director	Since 2012
Erika James	Director	Since 2022
Hironori Kamezawa	Director	Since 2021
Shelley Leibowitz	Director	Since 2020
Jami Miscik	Director	Since 2014
Masato Miyachi	Director	Since 2022
Dennis Nally	Director	Since 2016
Douglas Peterson	Director	Since 2025
Mary Schapiro	Director	Since 2018
Perry Traquina	Director	Since 2015
Rayford Wilkins, Jr.	Director	Since 2013

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How to invest in Morgan Stanley

Morgan Stanley is a publicly traded company with its shares listed on the New York Stock Exchange under the ticker symbol MS. To invest in the company, you can buy shares through any U.S. brokerage account.

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Brokerage Account

An account that holds and trades investment assets such as stocks, mutual funds, exchange-traded funds, bonds, and certificates of deposit.

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If you don't have a brokerage account yet, you'll need to open one before you can buy shares of Morgan Stanley (or any other stock). Here are the basic steps to start buying stocks and invest in Morgan Stanley:

Open your brokerage account: Log in to your brokerage account where you handle your investments.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

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Who owns Morgan Stanley: FAQ

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About the Author

Matt Frankel, CFP®, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.

TMFMattFrankel

@MattFrankelUSC

JPMorgan Chase is an advertising partner of Motley Fool Money. Matt Frankel, CFP® has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends BlackRock, Goldman Sachs Group, and JPMorgan Chase. The Motley Fool has a disclosure policy.

Who Owns Morgan Stanley?

Key Points

NYSE: MS

Key Data Points

Who is the owner of Morgan Stanley?

Who are the largest shareholders?

Largest institutional investors in Morgan Stanley

Who is on the board of directors for Morgan Stanley?

How to invest in Morgan Stanley

Brokerage Account

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Who owns Morgan Stanley: FAQ

Who is the major shareholder of Morgan Stanley?

Who is the major shareholder of Morgan Stanley?

Is Morgan Stanley owned by JPMorgan Chase?

Is Morgan Stanley owned by JPMorgan Chase?

Is Morgan Stanley privately owned?

Is Morgan Stanley privately owned?

Who acquired Morgan Stanley?

Who acquired Morgan Stanley?

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NYSE: MS

Key Data Points

Who is the owner of Morgan Stanley?

Who is on the board of directors for Morgan Stanley?

How to invest in Morgan Stanley

Brokerage Account

How to Calculate Total Stock Returns

How to Buy Bank of America Stock (BAC)

How to Invest in Real Estate Investment Trusts (REITs) in 2026

Best ETFs for Beginners and How to Invest

Who owns Morgan Stanley: FAQ

Who is the major shareholder of Morgan Stanley?

Who is the major shareholder of Morgan Stanley?

Is Morgan Stanley owned by JPMorgan Chase?

Is Morgan Stanley owned by JPMorgan Chase?

Is Morgan Stanley privately owned?

Is Morgan Stanley privately owned?

Who acquired Morgan Stanley?

Who acquired Morgan Stanley?

Who are the largest shareholders?

Largest institutional investors in Morgan Stanley