Morgan Stanley Wealth Management has announced that EquityZen, a private shares platform it acquired in January 2026, has lowered transaction fees for both investors and shareholders on its marketplace. With Morgan Stanley’s expansive private markets ecosystem, EquityZen clients benefit from the scale gained from the acquisition.
The lower fees take effect immediately with buy- and sell-side fees reduced to 2.5 percent from 5 percent for most transactions — cutting in half current standard fees. The industry-lowest minimums of $5,000 will continue.
This fee reduction extends to EquityZen’s innovative “Express Deals,” where an investor who previously invested in certain EquityZen funds can sell their fund interest to another investor on the EquityZen platform.
