Morgan Stanley deal beefs up workplace offering

Morgan Stanley deal beefs up workplace offering
Privately held companies using law firm Wilson Sonsini's capitalization software will migrate to Morgan Stanley's Shareworks.
FEB 23, 2021

Morgan Stanley has entered into an agreement with Wilson Sonsini Goodrich & Rosati that enables privately held companies currently using the law firm’s capitalization management software to migrate to Morgan Stanley’s Shareworks capitalization and stock plan platform.

In 2019, Morgan Stanley acquired the Canadian stock plan business Solium Capital and rebranded it as Shareworks. With its acquisition of ETrade in 2020, Morgan Stanley now serves more than 4.9 million stock plan participants.

Morgan Stanley Shareworks offers software and services that help private and public companies simplify share plan management, provide disclosures and support tax and legal compliance.

”Morgan Stanley intends to be the leader in capitalization management for private companies and early stage startups, helping them to manage the complexities of their equity and employee stock plans,” Jed Finn, head of corporate and institutional solutions at Morgan Stanley Wealth Management, said in a release.

2020 brought human capital management practices into focus

Latest News

Risk appetite fades, stocks snap seven-day winning streak
Risk appetite fades, stocks snap seven-day winning streak

Oil is also lower Thursday as investors take a breath.

No need for rate cuts now, says Fed’s Daly
No need for rate cuts now, says Fed’s Daly

Policymakers can afford to be patient says Fed San Francisco president.

Gold drops again as haven demand eases
Gold drops again as haven demand eases

More positive trade talks prompts bullion pullback.

Can Americans even afford RFK Jr.'s drive for healthier diets?
Can Americans even afford RFK Jr.'s drive for healthier diets?

Reduced reliance on ultra-high-processed food will be costly.

What should RIAs have on their regulatory radar right now?
What should RIAs have on their regulatory radar right now?

With a new regime at the SEC, Savvy Wealth's Lisandra Wilmott speaks out on ongoing and unfolding risks around off-channel communications, AI, and private market investments.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.