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Segment, Geographic and Revenue Information - Selected Financial Information by Business Segment (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Segment Reporting Information        
Investment banking $ 2,266 $ 1,590 $ 5,621 $ 4,914
Trading 5,020 4,002 14,876 12,985
Investments 374 315 1,131 609
Commissions and fees 1,473 1,294 4,379 3,704
Asset management 6,441 5,747 18,357 16,440
Other 159 239 1,200 827
Total non-interest revenues 15,733 13,187 45,564 39,479
Interest income 15,456 14,185 44,109 40,644
Interest expense 12,965 11,989 36,918 34,585
Net interest 2,491 2,196 7,191 6,059
Net revenues 18,224 15,383 52,755 45,538
Provision for credit losses 0 79 331 149
Compensation and benefits 7,442 6,733 22,153 19,889
Non-compensation expenses 4,754 4,350 14,077 12,810
Total non-interest expenses 12,196 11,083 36,230 32,699
Income before provision for income taxes 6,028 4,221 16,194 12,690
Provision for income taxes 1,373 995 3,593 2,885
Net income 4,655 3,226 12,601 9,805
Net income applicable to noncontrolling interests 45 38 137 129
Net income applicable to Morgan Stanley $ 4,610 $ 3,188 $ 12,464 $ 9,676
Pre-tax margin 33.00% 27.00% 31.00% 28.00%
I/E        
Segment Reporting Information        
Investment banking $ (46) $ (40) $ (123) $ (98)
Trading 16 18 51 43
Investments 0 0 0 0
Commissions and fees (89) (75) (249) (201)
Asset management (74) (70) (224) (200)
Other (2) (4) (11) (9)
Total non-interest revenues (195) (171) (556) (465)
Interest income (213) (419) (765) (1,231)
Interest expense (224) (433) (797) (1,261)
Net interest 11 14 32 30
Net revenues (184) (157) (524) (435)
Provision for credit losses 0 0 0 0
Compensation and benefits 0 0 0 0
Non-compensation expenses (167) (147) (484) (407)
Total non-interest expenses (167) (147) (484) (407)
Income before provision for income taxes (17) (10) (40) (28)
Provision for income taxes (4) (2) (9) (6)
Net income (13) (8) (31) (22)
Net income applicable to noncontrolling interests 0 0 0 0
Net income applicable to Morgan Stanley (13) (8) (31) (22)
IS | Operating Segments        
Segment Reporting Information        
Investment banking 2,108 1,463 5,207 4,529
Trading 4,681 3,708 14,144 12,338
Investments 176 179 481 282
Commissions and fees 796 760 2,479 2,135
Asset management 192 167 566 484
Other 53 99 821 343
Total non-interest revenues 8,006 6,376 23,698 20,111
Interest income 11,506 10,423 32,719 29,642
Interest expense 10,989 9,984 31,268 28,940
Net interest 517 439 1,451 702
Net revenues 8,523 6,815 25,149 20,813
Provision for credit losses 1 68 260 124
Compensation and benefits 2,422 2,271 7,706 6,905
Non-compensation expenses 2,918 2,565 8,609 7,476
Total non-interest expenses 5,340 4,836 16,315 14,381
Income before provision for income taxes 3,182 1,911 8,574 6,308
Provision for income taxes 672 438 1,840 1,406
Net income 2,510 1,473 6,734 4,902
Net income applicable to noncontrolling interests 42 37 133 127
Net income applicable to Morgan Stanley $ 2,468 $ 1,436 $ 6,601 $ 4,775
Pre-tax margin 37.00% 28.00% 34.00% 30.00%
WM | Operating Segments        
Segment Reporting Information        
Investment banking $ 204 $ 167 $ 537 $ 483
Trading 338 300 759 638
Investments 41 13 99 56
Commissions and fees 766 609 2,149 1,770
Asset management 4,789 4,266 13,596 12,084
Other 105 141 382 483
Total non-interest revenues 6,243 5,496 17,522 15,514
Interest income 4,151 4,148 12,110 12,147
Interest expense 2,160 2,374 6,307 6,719
Net interest 1,991 1,774 5,803 5,428
Net revenues 8,234 7,270 23,325 20,942
Provision for credit losses (1) 11 71 25
Compensation and benefits 4,388 3,868 12,534 11,257
Non-compensation expenses 1,348 1,331 4,070 3,973
Total non-interest expenses 5,736 5,199 16,604 15,230
Income before provision for income taxes 2,499 2,060 6,650 5,687
Provision for income taxes 610 492 1,529 1,313
Net income 1,889 1,568 5,121 4,374
Net income applicable to noncontrolling interests 0 0 0 0
Net income applicable to Morgan Stanley $ 1,889 $ 1,568 $ 5,121 $ 4,374
Pre-tax margin 30.00% 28.00% 29.00% 27.00%
IM | Operating Segments        
Segment Reporting Information        
Investment banking $ 0 $ 0 $ 0 $ 0
Trading (15) (24) (78) (34)
Investments 157 123 551 271
Commissions and fees 0 0 0 0
Asset management 1,534 1,384 4,419 4,072
Other 3 3 8 10
Total non-interest revenues 1,679 1,486 4,900 4,319
Interest income 12 33 45 86
Interest expense 40 64 140 187
Net interest (28) (31) (95) (101)
Net revenues 1,651 1,455 4,805 4,218
Provision for credit losses 0 0 0 0
Compensation and benefits 632 594 1,913 1,727
Non-compensation expenses 655 601 1,882 1,768
Total non-interest expenses 1,287 1,195 3,795 3,495
Income before provision for income taxes 364 260 1,010 723
Provision for income taxes 95 67 233 172
Net income 269 193 777 551
Net income applicable to noncontrolling interests 3 1 4 2
Net income applicable to Morgan Stanley $ 266 $ 192 $ 773 $ 549
Pre-tax margin 22.00% 18.00% 21.00% 17.00%