Morgan Stanley is the global financial services corporation that, through its subsidiaries and affiliates, advises, and originates, trades, manages and distributes capital for, governments, institutions, and individuals. The Company operates in three business segments: Institutional Securities, Wealth Management, and Investment Management. Institutional Securities business segment provides institutions with services such as capital raising and financial advisory services including mergers and acquisitions advisory, restructurings, real estate and project finance, and corporate lending. The segment also encompasses the Equities and the Fixed Income divisions of the firm; trading is anticipated to maintain its position as the "engine room" of the company. Wealth Management provides brokerage and investment advisory services. This segment provides financial and wealth planning services to its clients who are primarily high-net-worth individuals. Investment Management provides asset management products and services in equity, fixed income, alternative investments, real estate investment, and private equity to institutional and retail clients through third-party retail distribution channels, intermediaries, and Morgan Stanley's institutional distribution channel.