Morgan Stanley 2000 Annual Report Download

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           MORGANSTANLEYDEANWITTER2000SUMMARYANNUALREPORT
1STchOIcE—>AchIEvINGcLIENTASPIRATIONS

MSDW—> 1STchOIcE
INTELLECTUAL CAPITAL
INNOVATIVE IDEAS
CLIENT FOCUS
COMMUNITY ENRICHMENT
LETTERTOShAREhOLDERS

Table of contents

  • Page 1
    MORGAN STANLEY DEAN WITTER 2000 SUMMARY ANNUAL REPORT 1 S T c h O I c E -> A c h I E v I N G c L I E N T A S P I R A T I O N S LETTER TO ShAREhOLDERS MSDW -> 1ST chOIcE INTELLECTUAL CAPITAL INNOVATIVE IDEAS CLIENT FOCUS COMMUNIT Y ENRICHMENT www.msdw.com/ar2000 >

  • Page 2
    ...client accounts, with assets of more than $600 billion. asset ManageMent MSDW is one of the largest asset managers in the world, with globally recognized brand names MSDW฀Advisors,฀the฀exclusive฀sponsor฀ of the Morgan Stanley Dean Witter Family of Funds, offers a diverse range of funds...

  • Page 3
    ..., we work every day around the world to forge closer relationships with our clients ...to develop innovative products, services and platforms ...to shape new markets ...to foster teamwork ...to reward initiative and ideas ...and to build new business models in a rapidly changing global economy. It...

  • Page 4
    ...'s Annual Report on Form 10-K for the year ended November 30, 2000, copies of which are available at www.msdw.com/ar2000 or upon request. (2) Fiscal 1996 represents the combination of Morgan Stanley Group Inc.'s financial statements for the fiscal year ended November 30 with Dean Witter, Discover...

  • Page 5
    Dear shareholDers Philip J. Purcell Chairman & Chief Executive Officer John J. Mack President & Chief Operating Officer 2000 was a very good year for Morgan Stanley Dean Witter. We once again had outstanding financial results, even though financial markets became more difficult in the...

  • Page 6
    ... key categories such as equity and equity-related underwriting. In equity research, Morgan Stanley Dean Witter ranked first in Institutional Investor's Year 2000 Global Research Poll for the fourth straight year. It also was an excellent year for our asset management business, with net income up...

  • Page 7
    ... billion merger of Time Warner and America Online or the $14.6 billion Deutsche Telekom multi-currency global bond offering. 2000 1999 1998 1997 58 56 71 90 DISCOVER FINANCIAL SERVICES TRANSACTION VOLUME (in billions of dollars) 2000 1999 1998 1997 43 47 51 65 NUMBER OF FUNDS RANKED FOUR OR FIVE...

  • Page 8
    ... bankers, research analysts or traders, is a value-added resource that cannot be built overnight. The most powerful and far-reaching trend in financial services in our time is globalization, which is now being accelerated by the Internet. The spread of more open political systems and market...

  • Page 9
    ... a Web-based multi-dealer foreign exchange service; BondBook, an electronic bond trading system; and TheMarkets.com, an industry-wide portal for institutional investors that gives clients access to real-time new issue information, global equity research, and news and market data-all at a single site...

  • Page 10
    ...has placed us in the top three of all asset management firms worldwide in terms of pre-tax profitability. NEW ACCOUNTS OPENED IN INDIVIDUAL INVESTOR GROUP (in thousands) 2000 1999 1998 1997 338 412 502 472 •฀ ฀ In฀credit฀services,฀our฀goal฀is฀to฀make฀Discover฀Card฀the...

  • Page 11
    ... Morgan Stanley Dean Witter the world's leading financial services firm. John has also done much to enrich the lives of those beyond our firm and our industry. Recently, he led MSDW employees to raise more than $55 million to build the Morgan Stanley Dean Witter Children's Hospital of New York...

  • Page 12
    ...continues to expand, clients need far more than simple access to information. They need access to the analysis, insight and ideas of people with a great depth of experience and knowledge of markets, companies and industries. This experience and knowledge is part of our intellectual capital and is re...

  • Page 13
    ...research analysts. MSDW also led all banks in Euromoney's 2000 e-Awards, taking top honors for online equity and fixed income and best site for foreign exchange market research and analytics. > client linK SM Through this online portal, institutional and investment banking clients gain access...

  • Page 14
    ... to clients WorlDWiDe? sUperior proDUcts anD services, New business models and emerging technologies offer unique opportunities to apply our knowledge, global perspective and talent for innovation. We are determined to embrace and promote innovative ideas, from e-exchanges that are changing the...

  • Page 15
    ... worldwide. MSDW advised on several innovative B2B supplier exchanges, notably Covisint, the automotive industry's business-to-business supplier exchange. In addition the firm participated in creating online exchanges for the financial services industry, including TheMarkets.com (for equity news...

  • Page 16
    ...share? With entrepreneUrial thinKing, Client relationships on all levels are moving swiftly beyond the transactional, with ...clients and understand not just their needs but their aspirations. It will require not only giving them better access to intelligence and insight but also providing platforms...

  • Page 17
    ... management services. These include SmartCheckSM, for online bill payment; various loan and insurance products; and fast, easy electronic filing and payment of income taxes. > online traDing With Morgan Stanley Dean Witter Online, independent investors have access to their account to place...

  • Page 18
    ... by the rewards we achieve for ourselves and for our clients but by contributions we make to enhancing society at large. Whether through financial support or volunteered time, we strive to make a difference in people's lives, from children discovering the wonders of the world beyond their doorstep...

  • Page 19
    ... 2000, employees worldwide helped children strive to reach their potential, serving as reading partners in London; English tutors in Hong Kong; and one-on-one mentors, via e-mail, with kids across the United States. > sUpporting the arts In 2000, we continued our proud support of cultural events...

  • Page 20
    .... LAURA D'ANDRE A TYS O N Dean, Walter A. Haas School of Business University of California, Berkeley other oFFicers DO NA L D G . K E MP F, JR . Chief Legal Officer & Secretary S TEPH E N S . C R AW F O R D Chief Strategic & Administrative Officer RO BERT G . S C O T T Chief Financial Officer AL...

  • Page 21
    ... or assistance with address changes, lost stock certificates and share ownership, contact: Morgan Stanley Dean Witter Trust FSB Harborside Financial Center, Plaza Two Jersey City, NJ 07311-3977 800 622-2393 cUstoMer service phone nUMBers INDIVIDUAL INVESTOR GROUP Branch Office Locator MSDW Online...

  • Page 22
    ... locations WorlDWiDe hong Kong heaDQUarters-neW YorK 30th Floor 1585 Broadway New York, NY 10036 Telephone (212) 761-4000 Fax (212) 761-0086 Three Exchange Square Central, Hong Kong Telephone (852) 2848-5200 Fax (852) 2845-1012 Montreal Tour McGill 1501 McGill College Avenue Suite 2310 Montreal...

  • Page 23

  • Page 24
    MORGAN STANLEY DEAN WITTER 1585 Broadway, New York, NY 10036 www.msdw.com/ar2000