Morgan Stanley Wealth Management1 — Commissions and fees decreased by 5.0% to $783.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.7%, from $695.00M to $783.00M. Over 4 years (FY 2021 to FY 2025), Wealth Management1 — Commissions and fees shows relatively stable performance with a -0.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher values indicate strong client engagement and transaction activity, whereas lower values suggest reduced client trading or competitive pricing pressure.
Represents transactional revenue earned from commissions on trades and various service fees charged to wealth management...
Standard brokerage and commission revenue found in most wealth management and retail banking firms.
ms_segment_wm_commissions_and_fees| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $714.00M | $704.00M | $750.00M | $723.00M | $603.00M | $543.00M | $598.00M | $590.00M | $552.00M | $562.00M | $575.00M | $605.00M | $556.00M | $609.00M | $708.00M | $695.00M | $688.00M | $766.00M | $824.00M | $783.00M |
| QoQ Change | — | -1.4% | +6.5% | -3.6% | -16.6% | -10.0% | +10.1% | -1.3% | -6.4% | +1.8% | +2.3% | +5.2% | -8.1% | +9.5% | +16.3% | -1.8% | -1.0% | +11.3% | +7.6% | -5.0% |
| YoY Change | — | — | — | — | -15.5% | -22.9% | -20.3% | -18.4% | -8.5% | +3.5% | -3.8% | +2.5% | +0.7% | +8.4% | +23.1% | +14.9% | +23.7% | +25.8% | +16.4% | +12.7% |