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

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Morgan Stanley will soon open a key wealth management funnel to artificial intelligence agents from thousands of corporations. It’s one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.

The move will allow clients’ autonomous agents to pull data and insights directly from the firm’s stock administration platforms, ShareWorks and Equity Edge, bypassing the traditional software interfaces built for human users, according to Mark Mitchell, chief product officer of Morgan Stanley at Work.

In April, Morgan Stanley executives attributed $1.2 trillion in assets gathered to its workplace strategy.

The bank has already granted a handful of clients early agentic access and plans to open it up to the firm’s 3,400 administration clients by next year, Mitchell said.

Read more from CNBC.

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