The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.

A new partnership with private-company stock tracker Carta will deliver newly wealthy clients to its advisory business, says wealth management head Jed Finn.

A new partnership with the tech firm Carta will position Morgan Stanley at Work to manage stock-compensation plans for more than 2,000 private companies that are moving toward IPOs.

Morgan Stanley is looking to add employees of startup companies as wealth management clients as U.S. investment banks prepare for a revival of initial public offerings. Last week, the bank signed an agreement with Carta,