This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Auerbach Grayson Announces Minority Equity Investment From Morgan Stanley

NEW YORK, March 14, 2013 /PRNewswire/ --  Auerbach Grayson & Company, LLC, a New York based brokerage firm specializing in global trade execution and exclusive in-depth research for U.S. institutional investors, announced today that it has sold a minority stake to Morgan Stanley (NYSE: MS). Financial terms of the transaction were not disclosed.

Following the transaction, Auerbach Grayson will become a Morgan Stanley executing broker in certain emerging and frontier markets, particularly in markets where Morgan Stanley has no local presence.  

"We are excited to be providing Morgan Stanley with access to our network of   local brokers and view this as a critical step in putting more emerging and frontier markets on the investment map," said David Grayson, Managing Director and co-founder at Auerbach Grayson.

Auerbach Grayson built its global coverage network by establishing partnerships with local and regional brokers and banks in 130 markets worldwide with on-the-ground analysts in every region.  The firm provides U.S. institutional investors with trade execution and in-depth local equity research from its local partners. Upon request, Morgan Stanley will direct interested clients to Auerbach Grayson.

"We are delighted to have made this investment and look forward to working with Auerbach Grayson to address opportunities in emerging and frontier markets," said Gary Offner, a Managing Director in Morgan Stanley's Institutional Equity division.

Lazard Middle Market served as financial advisor to Auerbach Grayson.

Auerbach Grayson will continue to remain an independent entity following Morgan Stanley's investment.

About Auerbach Grayson ( in 1993 in New York City by Jonathan Auerbach and David Grayson, Auerbach Grayson offers a full range of global in-depth research, trade execution and settlement services in equities, derivatives and fixed-income instruments to U.S. institutional clients through its network of local broking partners in 130 countries. The firm also provides and implements hedging and arbitrage strategies. Auerbach Grayson is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

About Morgan StanleyMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries. For further information about Morgan Stanley, please visit

For further information, please contact: Beth LeriProsek Partners212-279-3115 x 227

Mark LakeMorgan Stanley212 761-8493

SOURCE Auerbach Grayson & Company, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs