Q4 2021 Morgan Stanley Earnings Call Transcript
Good morning. On behalf of Morgan Stanley, I will begin the call with the following disclaimer. During today's presentation, we will refer to our earnings release and financial supplements, 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 against our strategic objectives. The reconciliations of these non-GAAP adjusted operating performance metrics are included in the notes to the presentation of the earnings release.
Morgan Stanley closed its acquisition of E*TRADE on October 2, 2020, impacting annual comparisons for the firm and Wealth Management; and closed its acquisition of Eaton Vance on March 1,
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