Delaware Service Agreement between Morgan Stanley Dean Witter Advisors, Inc. and Morgan Stanley Dean Witter Services Company
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How to fill out Service Agreement Between Morgan Stanley Dean Witter Advisors, Inc. And Morgan Stanley Dean Witter Services Company?
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FAQ
'' Dean Witter, Discover, which traces its origins back to a brokerage firm founded by Dean Witter in San Francisco in 1924, was bought by Sears in 1981 for $661 million in cash and stock.
Effective , Morgan Stanley & Co. Incorporated changed its name to Morgan Stanley & Co. LLC. The General Partner, on behalf of the Partnership, has entered into a management agreement (the ?Management Agreement?) with the Trading Advisor.
In July, 1993 Sears completed its spin off of Dean Witter Discover. Sears had purchased Dean Witter in 1981 and had created Discover in 1985. In 1995, Sears spun off Allstate to focus on its retail business.
Dean Gooding Witter (August 2, 1887 ? ) was an American businessman, stockbroker, and investor. With his brother Guy Witter and cousin Jean Witter, Dean Witter co-founded Dean Witter & Company in 1924, which became the largest investment house on the West Coast.
Morgan Stanley and Dean Witter merged in 1997, creating America's largest asset management company and securities firm in terms of equity capital. The resulting name, Morgan Stanley, Dean Witter, Discover & Company, was shortened to Morgan Stanley in March 2001.
Why did Morgan Stanley underinvest in information technology? His main focus was on management and organization changes and not information technology, when trying to restore revenue. Also, when the two publicly held companies merged together, their operations were still running as if they were two different entities.
The merger with the Dean Witter was disruptive for the following reasons: Retail Brokerage group was never accepted as an equal partner by rest of the Morgan Stanley. Retail Brokerage was not well integrated with the rest of the company.
Morgan Stanley and Dean Witter merged in 1997, creating America's largest asset management company and securities firm in terms of equity capital. The resulting name, Morgan Stanley, Dean Witter, Discover & Company, was shortened to Morgan Stanley in March 2001.
Eventually, to foster brand recognition and marketing, the Dean Witter name was dropped from the retail services division in 2001, leaving the current name Morgan Stanley. In 2009, the Dean Witter retail operations were transferred to Morgan Stanley Smith Barney, a joint venture with Citigroup.
The company was acquired by Sears in 1981, and was renamed "Dean Witter, Discover & Co." in 1993 when Sears spun off the company. The company also owned Discover Card. In 1997, Dean Witter, Discover & Co. merged with investment banking house Morgan Stanley to form "Morgan Stanley Dean Witter & Discover Co.".