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Business Development Associate

Morgan Stanley

Newport, RI · Posted November 6, 2026

Just laid off? Start here: a plan for the first weeks

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Pay compared with the market

This listing does not state pay. Across 94 open business development associate listings that state pay, the middle half runs $62,500 to $96,000 and the median is $78,000.

Listed pay is what employers advertise, not what people are paid.

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How AI is used in this kind of work

Among market research analysts and marketing specialists, AI is already used for a large share of the tasks. Measured exposure for market research analysts and marketing specialists: 65% (high).

Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.

Check how this applies to your own job

Morgan Stanley has filed 6 layoff notices in the last twelve months, covering 273 workers, most recently March 2026. These are public filings with state labor departments, and an open role can sit alongside them. See the filings

About the job

... Business Development Associate Business Development Associates provide exceptional service to our clients and support Financial Advisor(s) (FAs)/ Private Wealth Advisor(s) (PWAs)/ teams on a daily basis. As key members of the service team, through regular interactions...