Other
Fee waivers
Morgan Stanley Fee waivers increased by 6.3% to $34.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $30.00M to $34.00M. Over 4 years (FY 2021 to FY 2025), Fee waivers shows a downward trend with a -30.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase may signal competitive pressure or a need to support fund performance, while a decrease suggests stronger pricing power or improved market conditions.
Detailed definition
Fee waivers represent the amount of management or administrative fees that the firm voluntarily or contractually chooses...
Peer comparison
Reported by asset and wealth managers to disclose the impact of fee concessions on net revenue.
Metric ID:
other_investment_company_regulatory_fee_waivedHistorical Data
20 periods
| 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 | $131.00M | $139.00M | $152.00M | $124.00M | $41.00M | $28.00M | $18.00M | $18.00M | $28.00M | $27.00M | $20.00M | $24.00M | $25.00M | $25.00M | $29.00M | $30.00M | $30.00M | $29.00M | $32.00M | $34.00M |
| QoQ Change | — | +6.1% | +9.4% | -18.4% | -66.9% | -31.7% | -35.7% | +0.0% | +55.6% | -3.6% | -25.9% | +20.0% | +4.2% | +0.0% | +16.0% | +3.4% | +0.0% | -3.3% | +10.3% | +6.3% |
| YoY Change | — | — | — | — | -68.7% | -79.9% | -88.2% | -85.5% | -31.7% | -3.6% | +11.1% | +33.3% | -10.7% | -7.4% | +45.0% | +25.0% | +20.0% | +16.0% | +10.3% | +13.3% |
Range$18.00M – $152.00M
CAGR-24.7%
Avg YoY Growth-12.6%
Median YoY Growth+3.4%
Current Streak2 quarters growth
Fee waivers at Other Companies
Frequently Asked Questions
- What is Morgan Stanley's fee waivers?
- Morgan Stanley (MS) reported fee waivers of $34.00M in Q1 2026.
- How has Morgan Stanley's fee waivers changed year-over-year?
- Morgan Stanley's fee waivers increased by 13.3% year-over-year, from $30.00M to $34.00M.
- What is the long-term trend for Morgan Stanley's fee waivers?
- Over 4 years (2021 to 2025), Morgan Stanley's fee waivers has grown at a -30.4% compound annual growth rate (CAGR), from $516.00M to $121.00M.
- What does fee waivers mean?
- The total value of management or service fees the firm chose not to charge clients.