Morgan Stanley Wealth Management1 — Net revenues increased by 1.1% to $8.52B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.3%, from $7.33B to $8.52B. Over 4 years (FY 2021 to FY 2025), Wealth Management1 — Net revenues shows an upward trend with a 7.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Growth indicates a healthy and expanding wealth management business, while a decline suggests market challenges or loss of market share.
The total revenue generated by the wealth management segment after accounting for interest expense. It is the primary me...
Standard net revenue metric used to compare the scale of business segments across financial institutions.
ms_segment_wm_net_revenues| 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 | $6.10B | $5.94B | $6.25B | $5.94B | $5.74B | $6.12B | $6.63B | $6.56B | $6.66B | $6.40B | $6.65B | $6.88B | $6.79B | $7.27B | $7.48B | $7.33B | $7.76B | $8.23B | $8.43B | $8.52B |
| QoQ Change | — | -2.6% | +5.4% | -5.1% | -3.4% | +6.7% | +8.3% | -1.0% | +1.5% | -3.8% | +3.8% | +3.5% | -1.3% | +7.0% | +2.9% | -2.0% | +6.0% | +6.1% | +2.4% | +1.1% |
| YoY Change | — | — | — | — | -5.9% | +3.1% | +5.9% | +10.5% | +16.1% | +4.6% | +0.3% | +4.9% | +2.0% | +13.5% | +12.5% | +6.5% | +14.3% | +13.3% | +12.7% | +16.3% |