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Morgan Stanley develops TAPS, the first automated trade-processing system, in 1984, with the Fixed Income Division launching the following year.
In 1986, the firm goes public to raise capital for further growth.
In 1995, Morgan Stanley enters China as a cornerstone investor in China International Capital Corporation and establishes the Morgan Stanley International Foundation.
The 1997 merger of Morgan Stanley Group Inc. and Dean, Witter, Discover & Co. creates the world’s largest securities firm to date.
In 2003, Morgan acquired an off-the-market, 10-story high-rise office building in the retail heavy Sunrise Blvd./Federal Highway corridor.
He joined the company in 2006 as the President and Chief Operating Officer of the Wealth Management Group.
In September 2008, Morgan Stanley received $9 billion from Mitsubishi UFJ Financial Group, Japan’s largest bank.
In 2009, Morgan Stanley and Citigroup agreed to combine their wealth management business segments and renamed the new unit Morgan Stanley Smith Barney.
Morgan Stanley and Van Kampen brands provided these services until 2009 when the latter was sold to Invesco for $1.5 billion.
Legacy Lives on in MORGAN In March 2011, Mike purchased Ronnie's stock in Morgan, Inc. and rebranded the company Morgan.
The company was renamed to Morgan Stanley Wealth Management in 2012 after purchasing an additional 14% stake in the unit.
Later in 2013, Morgan Stanley received approval from the regulatory authorities to acquire the remaining 35% owned by Citigroup.
Founding partner Harold Stanley establishes the firm’s commitment to children’s health by raising $1.5 million (equal to nearly $25 million in 2014) for the United States Committee for the Care of European Children.
He received a salary of $22.5 million in 2016.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Barkan Companies | 1964 | $130.0M | 500 | 54 |
| The Morgan Group, Inc. | 1959 | - | 376 | 29 |
| Pennrose | - | $81.4M | 200 | 70 |
| Pace Realty | 1980 | $14.0M | 200 | - |
| HILLS Properties | 1958 | $50.0M | 75 | 17 |
| Lakeshore Apartments, LLC | - | $3.0M | 125 | - |
| Drucker + Falk | 1938 | $92.0M | 100 | 76 |
| Edward Rose Building Ent | - | $60.1M | 75 | - |
| Equity Residential | 1969 | $3.0B | 2,600 | 123 |
| Advenir | 1996 | $4.5M | 75 | 12 |
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Morgan Communities may also be known as or be related to Morgan Communities, Morgan Management, Morgan Management LLC and Morgan Management, LLC.