Morgan Stanley is a financial holding company that provides financial products and services to corporations, governments, financial institutions, and individuals across the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. Its offerings include capital raising and financial advisory services such as underwriting debt and equity securities, advising on mergers and acquisitions, restructurings, and project finance, as well as sales, financing, prime brokerage, and market-making in equity and fixed income products. The company also provides brokerage, investment advisory, custody, cash management, lending, banking, and retirement plan services. Founded in 1924, Morgan Stanley is headquartered in New York, New York.