Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents

Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents. Morgan Stanley will soon open a key wealth management funnel to artificial intelligence agents from thousands of corporations, CNBC has learned exclusively. Morgan Stanley has taken the staid business of managing stock compensation plans for corporations and turned it into a crucial funnel for the firm's wealth management division, which is the world's largest at $7.35 trillion in client assets. Internally, there's a similar logic: Morgan Stanley sees agentic AI allowing it to scale its own services — customer support, plan administration, the wealth management funnel — without adding "thousands and thousands" of employees, Mitchell said.