Morgan Stanley (MS) Q4 2024 Earnings Call Transcript

Call Start: 08:30 January 1, 0000 9:48 AM ET

Morgan Stanley (NYSE:MS)
Q4 2024 Earnings Conference Call
January 16, 2025 08:30 AM ET

Company Participants

Ted Pick - CEO
Sharon Yeshaya - CFO

Conference Call Participants

Glenn Schorr - Evercore
Ebrahim Poonawala - Bank of America
Brennan Hawken - UBS
Mike Mayo - Wells Fargo
Steven Chubak - Wolfe Research
Christian Bolu - Autonomous
Devin Ryan - Citizens JMP
Dan Fannon - Jefferies
Gerard Cassidy - RBC

Operator

Good morning. Welcome to Morgan Stanley's Fourth Quarter and Full Year 2024 Earnings Call. On behalf of Morgan Stanley, I will begin the call with the following disclaimer. This call is being recorded. During today's presentation, we will refer to our earnings release, financial supplement, and strategic update, copies of which are available at morganstanley.com.

Today's presentation may include forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements and non-GAAP measures that appear in the earnings release and strategic update. Within the strategic update, certain reported information has been adjusted as noted.

These adjustments were made to provide a transparent and comparative view of our operating performance. The reconciliations of these non-GAAP adjusted operating performance metrics are included in the notes to the presentation or the earnings release. This presentation may not be duplicated or reproduced without our consent.

I will now turn the call over to Chairman and Chief Executive Officer, Ted Pick.

Ted Pick

Good morning, and thank you for joining us. First, we would like to acknowledge our colleagues, clients, shareholders, friends, and family in Los Angeles. Our hearts go out to all those impacted and dealing with the horrific devastation from the wildfires. We're grateful to all the firefighters and first responders, we are thinking of you.