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firm Awards

These Diversity & Inclusion Awards focus on highlighting initiatives from companies that aim to boost the advice industrys diversity and create a more inclusive environment for all.

Outstanding Practices have built businesses that foster diversity internally and recognize the importance of embracing a diverse clientele. Diversity Champions are companies that support advisory firms and have formal initiatives aimed at promoting diversity and inclusion.

Diversity Champion

Morgan Stanley Wealth Management

Wirehouse Employees:15,600 AUM:$2.4 trillion

Morgan Stanley supports women and minorities at every stage in their careers. Over 50% of its financial adviser trainees last year were either female or ethnically diverse.

The firm recently gathered 300 top female financial advisers for its third biennial Women's Leadership Summit, where workshops also explored social media, work-life balance, resilience and multicultural marketing. A similar annual event, the biennial Multicultural Leadership Summit, features ethnically diverse entrepreneurs, thought leaders, C-suite executives and industry experts.

Makers@ Morgan Stanley, another annual event, celebrates tales of groundbreaking women who are innovators and advocates at the firm and in their communities. Most recently, the firm has launched a disability Network, focused on supporting those with physical, as well as invisible, disabilities.

"The success of our business depends on looking like the clients and communities we serve," said Shelley O'Connor, Co-Head of Morgan Stanley Wealth Management. "Advancing a diverse workforce is both good business and the right thing to do."

Morgan Stanley develops junior talent through its multicultural professional development series that aims to engage black and Hispanic employees through professional development and interaction with firm leaders, to help participants build networks for career success.

Contact Miguel Mendez, vice president and senior program manager, at Miguel.Mendez@morganstanley.com to learn more about its diversity and inclusion initiatives.

Vanessa Drucker

Lifetime Achievement

Rising Stars

See it, Be it Role Models

Outstanding Practices

Diversity Champions

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