Morgan Stanley Wealth Management announced that it has crossed the $1 trillion threshold for Individual Retirement Account (IRA) assets under management, a milestone that reflects a 15.8% compound annual growth rate in IRA assets since 2022, well above the 13.6% industry average.
The growth is driven by the firm’s integrated platform that spans financial‑advisor‑led, workplace, and self‑directed channels. The platform’s breadth has attracted fee‑based clients and expanded the firm’s reach across the retirement‑savings spectrum. “Surpassing $1 trillion in IRA assets is a testament to the value we provide clients and the trust they place in us,” said Chad Turner, Head of Morgan Stanley Wealth Management Platforms.
The achievement supports Morgan Stanley’s broader goal of reaching $10 trillion in total client assets across its wealth and investment‑management divisions. It also strengthens the firm’s competitive position in the retirement‑asset market, where the industry average growth rate is 13.6% and the firm’s 15.8% CAGR demonstrates a clear advantage in client acquisition and retention.
Matt Jones, Head of ETRADE, added, “Through the ETRADE platform, our focus is simple: We meet clients where they are. As investors grow and evolve, we arm them with professional‑grade tools and expert insights that match their needs and guide them through a comprehensive investing experience.”
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