On the Record · Morgan Stanley
Morgan Stanley acquisitions, on the record
The businesses Morgan Stanley bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Eaton Vance Corp.Word for word“The total average common equity and the allocation to the Investment Management business segment in 2021 reflect the Eaton Vance acquisition on March 1, 2021.” 10-K for 2023 | acquisition | March 1, 2021 | — |
E*TRADE Financial CorporationWord for word“Chief Executive Officer of E*TRADE Financial Corporation (from August 2019 to October 2020) prior to its acquisition by Morgan Stanley in 2020.” 10-K for 2024 | acquisition | 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2018-12-31 | — | $112 million |
| 2019-12-31 | — | $469 million |
| 2020-12-31 | — | $4.47 billion |
| 2021-12-31 | $2.65 billion | $5.27 billion |
| 2022-12-31 | $0 | — |
| 2023-12-31 | $0 | $56 million |
| 2024-12-31 | — | $23 million |
Deal filings since 2016
- 2020-10-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-02-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-07-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Morgan Stanley’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.