New York, New York, United States
Morgan Stanley is a global financial services firm that advises clients and raises, trades and manages capital for governments, institutions and individuals, with about 83,000 employees in 42 countries at December 31, 2025. Its global headquarters is at 1585 Broadway in New York.
The 10-K for the year ended December 31, 2025 reports three segments. Institutional Securities holds Investment Banking, which handles capital raising, underwriting and advice on mergers and acquisitions. It also holds Markets, split into Equity and Fixed Income. Wealth Management reaches clients through three channels it calls Advisor-Led, Self-Directed and Workplace. Workplace services include stock plan administration. Investment Management runs equity, fixed income, alternatives and solutions, and liquidity and overlay strategies for institutional and individual clients.
The firm's H-1B labor condition applications (LCAs) are filed under two employers. In calendar 2025, Morgan Stanley Services Group Inc submitted 787 filings and Morgan Stanley & Co LLC submitted 199, for 986 in all. Three cities had 25 or more filings across the two:
Every Alpharetta filing that year came from the Services Group entity. New York accounted for 177 of the 199 & Co LLC filings.
London, Frankfurt, Hong Kong and Tokyo are the principal offices abroad named in the 10-K for 2025. The company's Return to Work cohort running January 18, 2027 to May 10, 2027 lists 16 cities. Five of them are abroad: Bengaluru, Mumbai, Budapest, Glasgow and London.
Three titles cover 881 of the 986 LCA filings in calendar 2025: Vice President with 376, Director with 276 and Associate with 229. Executive Director had 50 filings, Analyst 49 and Managing Director 4. The two entities lean differently. Services Group Inc listed Director on 275 of its 787 filings in 2025. At & Co LLC, Associate led with 90 of 199.
The 10-K for 2025 counts Managing Directors, Executive Directors and Vice Presidents as officers. Employee profiles on the careers site pair rank with division, as in "Vice President, Technology" or "Director, Operations, London." No numbered levels appear there.
As of October 13, 2026, the students and graduates careers site sorts roles into seven areas. They are Wealth Management, Investment Banking & Capital Markets, Sales and Trading, Research, Investment Management, Operations and Company, and Technology. Operations and Company groups Finance, Internal Audit, Risk Management, Legal & Compliance, Human Capital Management & Corporate Services, and Corporate Administration. The firm's technology page listed more than 23,000 technologists worldwide on October 13, 2026. Their work runs from low latency and algorithmic trading to risk calculations, cyber defense and global infrastructure.
At December 31, 2025, the Americas held about 54,000 employees, Asia about 19,000 and EMEA about 10,000. Voluntary attrition was 9% globally in 2025, and average length of service across all employees was 7 years at year end. LCA filings across the two entities rose from 890 in calendar 2024 to 986 in calendar 2025, up about 11%. Alpharetta drove much of that rise, climbing from 173 filings in 2024 to 242 in 2025. Entry routes listed on the careers site on October 13, 2026 run from apprenticeships and internships to full-time graduate roles.