Morgan Stanely has been in business for 85 years with more than 40 years managing wealth. Their goal of helping people and businesses build, preserve and manage wealth to help them achieve their financial goals. Morgan Stanley is headquartered in mid-town Manhattan and covers areas of investment banking and financial services. These areas are broken down into three business segments, Institutional Securities, Wealth Management, and Investment Management. The Institutional Securities Group, which is very profitable, handles capital raising and M&A activity. The Global Wealth Management Group, provides stockbrokerage and investment advisory services, primarily to high-net-worth individuals and has approximately $1.24 trillion in assets under management. The Investment Management team provides asset management products and services covering equity, fixed income, alternative investments and real estate investment. Morgan Stanley employees over 60,000 employees catering to the needs of corporations, governments and individuals.