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Segment, Geographic and Revenue Information (Tables)
 3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Selected Financial Information by Business Segment
Selected Financial Information by Business Segment
 Three Months Ended March 31, 2024
$ in millionsISWMIMI/ETotal
Investment banking$1,447 $166 $— $(24)$1,589 
Trading4,583 262 (7)14 4,852 
Investments49 19 69 — 137 
Commissions and fees1
691 605 — (69)1,227 
Asset management1,2
157 3,829 1,346 (63)5,269 
Other124 143 3 (4)266 
Total non-interest revenues7,051 5,024 1,411 (146)13,340 
Interest income9,308 3,973 26 (377)12,930 
Interest expense9,343 2,117 60 (386)11,134 
Net interest(35)1,856 (34)9 1,796 
Net revenues$7,016 $6,880 $1,377 $(137)$15,136 
Provision for credit losses$2 $(8)$— $— $(6)
Compensation and benefits2,343 3,788 565 — 6,696 
Non-compensation expenses2,320 1,294 571 (134)4,051 
Total non-interest expenses$4,663 $5,082 $1,136 $(134)$10,747 
Income before provision for income taxes$2,351 $1,806 $241 $(3)$4,395 
Provision for income taxes482 403 49 (1)933 
Net income1,869 1,403 192 (2)3,462 
Net income applicable to noncontrolling interests50 — — — 50 
Net income applicable to Morgan Stanley$1,819 $1,403 $192 $(2)$3,412 
 Three Months Ended March 31, 2023
$ in millionsISWMIMI/ETotal
Investment banking$1,247 $104 $— $(21)$1,330 
Trading4,257 227 (16)9 4,477 
Investments28 16 101 — 145 
Commissions and fees1
714 590 — (65)1,239 
Asset management1,2
148 3,382 1,248 (50)4,728 
Other180 82 (6)(4)252 
Total non-interest revenues6,574 4,401 1,327 (131)12,171 
Interest income3
6,868 3,627 29 (544)9,980 
Interest expense3
6,645 1,469 67 (547)7,634 
Net interest223 2,158 (38)3 2,346 
Net revenues$6,797 $6,559 $1,289 $(128)$14,517 
Provision for credit losses$189 $45 $— $— $234 
Compensation and benefits2,365 3,477 568 — 6,410 
Non-compensation expenses2,351 1,325 555 (118)4,113 
Total non-interest expenses$4,716 $4,802 $1,123 $(118)$10,523 
Income before provision for income taxes$1,892 $1,712 $166 $(10)$3,760 
Provision for income taxes363 336 30 (2)727 
Net income1,529 1,376 136 (8)3,033 
Net income applicable to noncontrolling interests51 — 2 — 53 
Net income applicable to Morgan Stanley$1,478 $1,376 $134 $(8)$2,980 
1.Substantially all revenues are from contracts with customers.
2.Includes certain fees that may relate to services performed in prior periods.
3.Certain prior period amounts have been adjusted to conform with the current period presentation. This adjustment resulted in a decrease to both interest income and interest expense of $890 million and no change to net interest income for the first quarter of 2023 for the Institutional Securities segment. See Note 2 for additional information.
Schedule of Investment Banking Revenues
Detail of Investment Banking Revenues
 Three Months Ended
March 31,
$ in millions20242023
Institutional Securities Advisory$461 $638 
Institutional Securities Underwriting986 609 
Firm Investment banking revenues from contracts with customers90 %89 %
Schedule of Trading Revenues by Product Type
Trading Revenues by Product Type
 Three Months Ended
March 31,
$ in millions20242023
Interest rate$1,826 $1,368 
Foreign exchange272 262 
Equity1
2,304 2,212 
Commodity and other595 539 
Credit(145)96 
Total$4,852 $4,477 
1.Dividend income is included within equity contracts.
Schedule of Net Unrealized Carried Interest and Reduction of Fees due to Fee Waivers
Investment Management Investments Revenues—Net Cumulative Unrealized Carried Interest
$ in millionsAt
March 31,
2024 		At
December 31,
2023
Net cumulative unrealized performance-based fees at risk of reversing$770 $787 
Investment Management Asset Management Revenues—Reduction of Fees Due to Fee Waivers
 Three Months Ended
March 31,
$ in millions20242023
Fee waivers$24 $18 
Schedule of Other Expenses - Transaction Taxes
Other Expenses—Transaction Taxes
Three Months Ended
March 31,
$ in millions20242023
Transaction taxes$206 $214 
Schedule of Net Revenues by Region
Net Revenues by Region
 Three Months Ended
March 31,
$ in millions20242023
Americas$11,567 $10,791 
EMEA1,826 1,737 
Asia1,743 1,989 
Total$15,136 $14,517 
Schedule of Revenue Recognized from Prior Services
Revenues Recognized from Prior Services
 Three Months Ended
March 31,
$ in millions20242023
Non-interest revenues$476 $704 
Schedule of Receivables from Contracts with Customers
Receivables from Contracts with Customers
$ in millionsAt
March 31,
2024 		At
December 31,
2023
Customer and other receivables$2,570 $2,339 
Schedule of Assets by Business Segment
Assets by Business Segment
$ in millionsAt
March 31,
2024 		At
December 31,
2023
Institutional Securities$832,693 $810,506 
Wealth Management377,924 365,168 
Investment Management17,886 18,019 
Total1
$1,228,503 $1,193,693 
1. Parent assets have been fully allocated to the business segments.