James Gorman | Chairman & CEO |
Jonathan Pruzan | CFO |
Glenn Schorr | Evercore ISI |
Steven Chubak | Wolfe Research |
Brennan Hawken | UBS Investment Bank |
Michael Carrier | Bank of America Merrill Lynch |
Michael Mayo | Wells Fargo Securities |
James Mitchell | Seaport Global Securities |
Devin Ryan | JMP Securities |
Gerard Cassidy | RBC Capital Markets |
Andrew Lim | Societe Generale |
Good morning. I will be reading a statement on behalf of Morgan Stanley. Today's presentation will refer to Morgan Stanley's earnings release and financial supplement, copies of which are available at morganstanley.com. Today's presentation may include forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements and non-GAAP measures that appear in the earnings release.