Wealth Management — Compensation and benefits

Business Segments · Compensation and benefits

Morgan Stanley Wealth Management — Compensation and benefits increased by 0.6% to $4.42B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $3.95B to $4.42B. Over 4 years (FY 2021 to FY 2025), Wealth Management — Compensation and benefits shows an upward trend with a 6.7% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025

How to read this metric

An increase often correlates with higher revenue production or headcount growth, but may compress margins if not offset by revenue gains.

Detailed definition

This includes all salaries, bonuses, stock-based compensation, and benefits paid to employees within the Wealth Manageme...

Peer comparison

Commonly reported as 'Personnel Expense' or 'Compensation and Benefits' across all financial institutions.

Metric ID: ms_segment_wm_compensation_and_benefits

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$3.28B$3.16B$3.49B$3.13B$2.90B$3.17B$3.34B$3.48B$3.50B$3.35B$3.64B$3.79B$3.60B$3.87B$3.95B$4.00B$4.15B$4.39B$4.42B
QoQ Change-3.5%+10.4%-10.4%-7.4%+9.5%+5.4%+4.0%+0.7%-4.3%+8.6%+4.1%-4.9%+7.4%+2.1%+1.2%+3.7%+5.8%+0.6%
YoY Change-11.6%+0.4%-4.1%+11.3%+21.0%+5.7%+8.9%+8.9%+2.8%+15.4%+8.5%+5.6%+15.2%+13.4%+11.8%
Range$2.90B$4.42B
CAGR+6.9%
Avg YoY Growth+7.5%
Median YoY Growth+8.9%
Current Streak6 quarters growth

Frequently Asked Questions

What is Morgan Stanley's wealth management — compensation and benefits?
Morgan Stanley (MS) reported wealth management — compensation and benefits of $4.42B in Q4 2025.
How has Morgan Stanley's wealth management — compensation and benefits changed year-over-year?
Morgan Stanley's wealth management — compensation and benefits increased by 11.8% year-over-year, from $3.95B to $4.42B.
What is the long-term trend for Morgan Stanley's wealth management — compensation and benefits?
Over 4 years (2021 to 2025), Morgan Stanley's wealth management — compensation and benefits has grown at a 6.7% compound annual growth rate (CAGR), from $13.09B to $16.95B.
What does wealth management — compensation and benefits mean?
The total cost of employee salaries, bonuses, and benefits for the segment.

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