Who Founded Morgan Stanley?

Henry S. Morgan co-founded Morgan Stanley in 1935 after the Glass-Steagall Act required J.P. Morgan & Co. to separate its securities business from commercial banking. He brought the Morgan name and client relationships to the new firm and remained a senior partner for decades.

Henry S. Morgan was born in 1900 in London. Education: Harvard University.

Morgan was born on October 24, 1900 and died on February 8, 1982. He was also president and chairman of the Morgan Library and Museum.

Harold Stanley (1885-1963) co-founded Morgan Stanley in 1935 alongside Henry S. Morgan. Following the passage of the Glass-Steagall Act, which forced banks to separate commercial and investment banking, Stanley left J.P. Morgan & Co. to establish the new firm purely as an investment bank. He served as the firm's president, rapidly securing massive corporate clients and establishing Morgan Stanley's initial dominance in Wall Street underwriting.

Education: Hotchkiss School.

Stanley was born on October 2, 1885 and died on May 14, 1963. He ran Morgan Stanley for 20 years and left the firm in 1955. Harold Stanley was born in 1885.