The Worldwide Reputation of Morgan Stanley
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 Manag...
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...ing of myself and open my eyes to an environment where I may be in just couple of year. Ultimately, this experience has shown me which direction I should take after I graduate in June. I know for sure that even though this kind of filed has lot of room to move up and also make tons of money, this is not something that I would be satisfied with as my career. I would like to go into the automotive industry and search what they have to offer me.
References
Morgan Stanley homepage. (n.d.). Retrieved November 25, 2004, from
http://www.morganstanley.com/
History of Morgan Stanley. (n.d.). Retrieved November 28, 2004, from
http://www.morganstanley.com/about/inside/history.html?page=about
Investor Relations. (n.d.). Retrieved November 15, 2004, from
http://www.morganstanley.com/about/ir/index.html?page=inv
Morgan Stanley Investment Management (2004). Exceeding Expectations.
[Brochure].
Corporate Governance. (n.d.). Retrieved November 9, 2004, from
http://www.morganstanley.com/about/inside/governance/msg_ethics.ht
ml?page=about
Company Organization. (n.d.). Retrieved November 8, 2004, from
http://www.morganstanley.com/about/inside/orgchart.html?page=about
Therefore, I learned at the end of the interview that this career that I chose to pursue is very diverse. Meaning, there are endless routes, that branches out from this one field of study. The possibilities are endless; however, hard work is still expected. This interview did not reshape my objectives and goals. It has rather made me realize to stick to my goals and objectives. It has reminded me, to continue to be the best; by learning from the best and surrounding myself with the best.
The company faces intense competition for the clients that it serves and the products and services it offers. There has been significant consolidation as financial institutions with which the company competes have been acquired by or merged into or acquired other firms. For instance, in November 2010, The Charles Schwab Corporation acquired Windward Investment Management, Inc. for $150 million in cash and stock. In June 2009, TD Ameritrade completed the acquisition of thinkorswim Group Inc. thinkorswim is among the fastest growing online brokerage firms and has unique trading and investor education capabilities, particularly for the fastest growing segment of the industry-options trading. So, this acquisition underscores TD AMERITRADE's position as a successful industry consolidator. Consolidation in discount brokerage industry is creating larger rivals to compete with.
... J. P. Morgan and Company to reflect his power. Morgan also got a stranglehold on several other industries by buying out Carnegie Steel, oil companies, and railroads. Morgan soon went back to his roots and started acquiring more banks, financial firms, and insurance providers. (Moritz 35-39) Today, J. P. Morgan and Company is known as JPMorgan Chase, easily the world's largest global financial services firm.
For Chase bank the mission and vision should always be clear to their customers. "At JPMorgan Ch...
The decision to enroll in graduate school came after considerable time and soul searching. While contemplating the decision to return to school I thought about life, school and work. I realized that my experience in these areas have prepared me for the challenge and I am going to succeed.
The company had to be the second largest retailer shop in the US; it has many advantages that come along. The customers well acknowledge the company and its brand have been well established.
JPMorgan Chase & Co. is one of the world’s largest and well-known financial institutions. The firm was founded in New York in 1799. JPMorgan Chase & Co. was built on the foundation of past institutions that have come together throughout the years to form the firm that JPMorgan Chase & Co. is today. JPMorgan Chase & Co. is a global financial service firm with operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity. JPMorgan Chase & Co. serves millions of consumers in the United States and many corporate institutions.
The mission statement of JPMorgan Chase & Co is “to be the best financial services company in the world” ("JPMorgan," 2013). According to its website it states, “At JPMorgan Chase & Co, we want to be the best financial services company in the world. Because of our great heritage and excellent platform, we believe this is within our reach” is the company’s vision statement ("JPMorgan," 2013).
Bank of America is the company I elected to discuss their unique benefits package. Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 58 million consumer and small business relationships with more than 5,900 retail banking offices, more than 18,000 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.
JPMorgan Chase is an American multinational banking and financial services holding company. With total assets of over $2.4 trillion, it is the largest bank in th...
I made several amazing friendships, took a few incredibly difficult classes and met some of the best educators during my time at Ada High School. My Sophomore year was certainly the least stressful of the three years. My classes were easy, I had a lot of friends and it was the year I joined the Distributive Education Club of America (DECA). My fashion merchandising teacher Mrs. Wright convinced me to do a 30 page written business plan for a fictional tanning salon that offered a revolutionary new color matching technology. I placed fourth in the state that year. Not placing in the top three only gave me more dedication to placing first the next year. I competed again my Junior year of high school, this time developing a business that combined daycare for children with proper diets and kitchen safely. Once again I placed fourth in the state. Not giving up after missing the second time of not placing in the top three was very difficult for me. I had made the decision to devote my high school career to this activity that didn 't seem to be taking me anywhere and I regretted not being active in Student Council or picking up a sport instead. Thankfully my advisor convinced me to give DECA one last try and that is when I developed my love of business, particularly in finance. My senior year I decided to do a role-play instead of a written event like I had done the previous two years. Role-plays can be more
The mission statement of the company was “As we grow as a company, it has become more and more important to explicitly define the core values from which we develop our culture, our bran...
William Sharpe, Gordon J. Alexander, Jeffrey W Bailey. Investments. Prentice Hall; 6 edition, October 20, 1998
They say “Our deep roots in local cultures and markets around the world give us our strong relationship with consumers and are the foundation for our future growth. We will bring our wealth of knowledge and international expertise to the service of local consumers - a truly multi-local multinational.
... the hood and have an idea of how everything looks. In the future this experience will save me money. I stead of having my car fixed I can fix it my self and save money by not paying a mechanic. This year I have decided to get involved further with my school by being the school mascot and dance team manager. This position requires a lot of time and commitment. Athough this has taught me that no matter how hard things get you most stick it out because of your commitment.