Established in 1935, Morgan Stanley is a financial services firm that provides a wide range of investment banking, securities, credit and investment and wealth management services. The firm offers its services to corporations, governments, institutions and individuals from more than 600 offices in 31 countries. It offers a wide range of investment products, including stocks, bonds, mutual funds and annuities. The firm has expertise in the areas of estate and retirement planning. It also undertakes research projects for clients. The firm participates in community-based projects and has a charitable division. It offers various institutional services, such as prime brokerage and trading.