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Morgan Stanley Services Group Plans Dallas, Texas, Operations

09/29/2026
Financial services company Morgan Stanley Services Group, Inc. plans to expand its operations in Dallas, Texas. The $684 million project is expected to create more than 3,800 jobs.

The company’s new U.S. hub will be located at 2401 McKinney Ave.

“Morgan Stanley's expansion in Dallas reflects our commitment to investing in markets that offer exceptional opportunities for growth, innovation, and talent. With a thriving financial services industry in Texas, we are excited to establish Dallas as a strategic hub for our firm to serve clients and attract top talent in the years ahead,” said Morgan Stanley Executive Vice President, Chief Legal Officer, and Chief Administrative Officer Eric Grossman. “We greatly appreciate the support of the State of Texas, the City of Dallas, and Dallas County and look forward to deepening our roots and contributing to economic growth in the state.”

To support the project, Morgan Stanley was extended a $43,849,500 Texas Enterprise Fund grant and a $40,000 Veteran Created Job Bonus.

“Texas is the financial capital of America,” noted Governor Greg Abbott. “We welcome Morgan Stanley’s expanded investment in Texas, where the depth of talent and access to America’s rapidly expanding financial center attracts the world’s leading brands across industries. Opportunity’s address is now Y’all Street.”

Morgan Stanley Services Group is an affiliate of Morgan Stanley supporting the financial services company’s business and corporate operations.

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