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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.".
Active Assets Accounts (AAA): The AAA is Morgan Stanley's primary brokerage investment account available for individuals, trusts, businesses and government entities/municipalities. The AAA provides clients the ability to invest in available securities and a full range of financial products. Important Account Information for Full Service Accounts Morgan Stanley ? wealth ? pdfs Morgan Stanley ? wealth ? pdfs PDF
Purcell was named chairman and chief executive of what became Morgan Stanley, Dean Witter, Discover & Company, later shortened to Morgan Stanley in March 2001. Mack stayed on as president until 2001. Our History ? Morgan Stanley morganstanley.com ? surviving-the-crisis morganstanley.com ? surviving-the-crisis
MSDW is a combination of Dean Witter, Discover & Co. (''Dean Witter Discover'') and Morgan Stanley Group Inc. (''Morgan Stanley'') and was formed pursuant to a merger of equals that was effected on (the ''Merger'').
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.
1935 (the original Morgan Stanley) 1924 (Dean Witter & Co.) 1931 (Reynolds Securities)