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CLAIM #44131 · Morgan Stanley (MS) · 2025Q4 earnings call · Jan 15, 2026 · due Dec 31, 2026

And then as you can see, we are continuing to gain share from some of the lesser firms, that have incomplete offerings.

Ted Pick · CEO

PENDING
graded after results covering Dec 31, 2026 are reported

How to check this claim

Look at: Morgan Stanley's market share in wealth management/workplace and related businesses relative to smaller competitors

It came true if: Company-reported market share or wallet share metrics show sequential gains over the next several quarters

Where: Management commentary on quarterly earnings calls (market share/wallet share discussion)

In context

cquisition financing, prime brokerage, fixed income secured lending, and other durable businesses that accrete to the broader integrated firm. And then my last comment would be the beauty of this, and you heard it woven into my slides, and Sharon's commentary, is that a whole bunch of what we're talking about has application above both the across both the institutional and wealth client set. Stock administration side of workplace has appeal both for the CEO and then for the the their that firm for their wealth management business. So we're quite excited about it. The the old rule of thumb is two times GDP. I would think two times GDP. Not a bad way to go. Nominal GDP even. So you could see the wallet in this business, continue to grow by anywhere between five and maybe even 10% per annum. And then as you can see, we are continuing to gain share from Sharon Yeshaya: some of the lesser firms, that have incomplete offerings. Which should auger well for the largest established firms Ted Pick: frankly, ones that reported this week being the ones to thoughtfully gain share here over the next number of quarters. Operator: We'll move to our next question. Sorry. Go ahead. We'll take our next question from Mike Mayo with Wells Fargo Securities. Ted Pick: Hey, Mike. Well, it's going to ask. Mike Mayo: I was going to ask you what inning you're in, but I think you just I know. I know. Ted Pick: I know. I know. Sorry about that. Mike Mayo: Well, it's the it's the wrong season too, so maybe I can Devin Ryan: in football games. I don't know. But Why don't how about this? Ted Pick: Maybe just ask the question again, and then they're like, I gave pick a softball. Sharon Yeshaya: Look. As it relates to tradi

Verify independently

SEC filings for MS · Claim quote is verbatim from the 2025Q4 earnings call.