Morgan Stanley hits profits goal, marches toward $10T in assets

Morgan Stanley Hits Profits Goal

Morgan Stanley reported a record quarter for wealth management revenues, driven by strong asset inflows in the third quarter, and made progress toward its goal of managing $10 trillion in assets.

The wirehouse's pretax margin for its wealth management business reached 30.3% in the third quarter, exceeding its long-standing goal of 30% and up from 28% in the previous quarter.

Ebrahim Poonawala of Bank of America Securities asked if the pretax margin could be held above 30% in the medium term.

The company is marching toward its ambition of managing $10 trillion in wealth and investment assets.

Author's summary: Morgan Stanley achieves 30.3% pretax margin goal.

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Financial Planning Financial Planning — 2025-10-16

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