Morgan Stanley (MS) Offers AI Agents Access to Wealth Management Tools

Published on · Source: cnbc.com

Morgan Stanley (MS) Offers AI Agents Access to Wealth Management Tools

AI Summary

Summarized by AI from the source below

Morgan Stanley (MS) will soon enable AI agents from various corporations to access its wealth management platforms, ShareWorks and Equity Edge. This shift could enhance operational efficiency and client service, allowing the firm to leverage $1.2 trillion in assets attributed to its workplace strategy. By 2025, Morgan Stanley aims to provide access to its 3,400 administration clients, positioning itself as a pioneer in the integration of AI in wealth management. The firm currently manages the largest wealth management division globally, with $7.35 trillion in client assets.

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About Morgan Stanley (MS)

Morgan Stanley is a leading global investment bank and wealth manager.

The Financials sector covers banks, insurers and capital-markets firms at the center of the economy.

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