E*TRADE is now E*TRADE from Morgan Stanley | Morgan Stanley (2024)

FAQs

Is e-trade now Morgan Stanley? ›

E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by Morgan Stanley Smith Barney LLC, Member SIPC. Investment advisory services offered by Morgan Stanley Smith Barney LLC, a Registered Investment Adviser.

Recently, Morgan Stanley MS concluded the acquisition of E*TRADE Financial in an all-stock deal worth $13 billion and now holds $3.3 trillion in assets. Last week, the deal received regulatory approval from the Federal Reserve for completion.

E-Trade Financial Corporation (stylized as E*TRADE), a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets. The company receives revenue from interest income on margin balances, commissions for order execution, payment for order flow, and management services.

We'll automatically transfer your E*TRADE account(s) to Morgan Stanley on or around your transfer date. Your online experience and the way you access your account(s) will remain unchanged. However, if you do not want your E*TRADE account(s) transferred to Morgan Stanley, you have the right to object.

Morgan Stanley, the tony investment bank for rich Americans and corporations, is making a play for the masses. The bank is getting E-Trade's 5.2 million customer accounts with $360 billion in assets and a leading business that manages corporate stock plans.

Throughout 2023, E*TRADE Securities and E*TRADE Capital Management will be transitioning existing client accounts to Morgan Stanley Smith Barney, LLC (“MSSB”). You will be provided with advanced notice of your transition date along with detailed information regarding the transition. Learn more about this transition.

E*TRADE is now E*TRADE from Morgan Stanley. Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.

Both firms offer portfolio margining, but Schwab offers fractional shares while E*TRADE only offers fractional shares in its dividend reinvestment and robo-advisor offerings. Both fill their orders quickly, but Schwab gets the small edge over E*TRADE for trading technology.

E*TRADE is known as one of the world's largest online brokers, and for good reason. It offers an expansive range of investment choices and trading tools that are accessible through the website, desktop platform, and two mobile apps. While E*TRADE is strong across all platforms, it truly shines with its mobile apps.

Is E*TRADE safe? ›

Your account security is important to us. In addition to the ways your assets are protected, the E*TRADE from Morgan Stanley Complete Protection Guarantee means you're not liable for unauthorized use of your account, and we'll never sell your personal information.

E*TRADE offers two mobile apps, each designed with a different user experience in mind. The E*TRADE app makes investing and trading simple by providing basic tools in an uncomplicated way. Power E*TRADE provides users with in-depth information.

E*TRADE allows investors to trade stocks, mutual funds, ETFs, options and futures. Its bond offerings include core bonds, corporate bonds, ultra short-term bonds, municipal bonds and short-term municipal bonds. The company does not offer forex trading or cryptocurrency.

Only settled funds may be withdrawn

After signing in, navigate to My Money>Withdrawals, or for a shortcut click here. If you just closed a trade and see a $0.00 Available to Withdraw, then chances are your position has not settled yet. Depending on what you are trading, settlement times can vary.

Orders that execute over more than one trading day, or orders that are changed, may be subject to an additional commission. Standard commissions for stock and options trades are $0 (plus an additional $0.65 per options contract). For options orders, an options regulatory fee will apply.

E*TRADE is now E*TRADE from Morgan Stanley. Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values.

Morgan Stanley's largest shareholder is Mitsubishi UFJ Financial Group, or MUFG, which owns a stake of about 23.3% in the bank. MUFG is a Japanese financial services company that partnered with Morgan Stanley in 2008 during the financial crisis.

Morgan Stanley and Dean Witter merged in 1997, creating America's largest asset management company and securities firm in terms of equity capital. The resulting name, Morgan Stanley, Dean Witter, Discover & Company, was shortened to Morgan Stanley in March 2001.

In October 2020, the company completed its acquisition of E*Trade, a deal announced in February 2020 for $13 billion, the biggest acquisition by a U.S. bank since the global financial crisis. In March 2021, Morgan Stanley completed its acquisition of Eaton Vance, a deal announced in October 2020.