Morgan Stanley launched a new initiative, Women Without Limits, which aims to empower women and girls through financial literacy and professional development.
There are three “pillars” of internal and external support to the venture, according to the firm. The first is to reach out to clients to help them develop financial security and independence.
Second, the firm will work with communities and organizations it already has partnerships with, such as Girl Scouts of the USA, and provide financial literacy resources.
Third, Morgan Stanley will showcase its current female leaders as well as develop initiatives to grow a pipeline of young female talent.
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“In a year when we celebrate the centennial of women’s right to vote, we can see both how far we have come, and how much more we still can do to support and empower our female employees, clients and women in our communities to help meet their financial and life goals,” according to Shelley O’Connor, chairman and CEO of Morgan Stanley Private Bank and Morgan Stanley Bank.