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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

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About the job

POSITION SUMMARY

The Business Development Associate participates in the team’s overall business development and marketing as well as the design and updating of tailored reporting for new and existing clients. This role may accompany senior team members to meet with clients to evaluate current offerings, develop and implement new services, and strategize to find resolutions.

DUTIES and RESPONSIBILITIES:

Business Strategy & Development

Develops and applies strategies to execute the business plan to achieve desired results (i.e., to increase client base, gross production, Portfolio Management assets, performance tracking, etc.)

Identifies business opportunities

Supports Financial Advisor / Private Wealth Advisor practice management through book analysis and determination of appropriate strategies

Creates potential strategies to further enhance client relationships based on concerns and opportunities identified during client visits

Engages in strategic planning with other team members on client matters

Interacts regularly with the Complex Business Development Manager

Partners with the Financial Advisor / Private Wealth Advisor on investment recommendations and prepares reports and plans that align with client goals

Takes accountability for optimizing business practices while adhering to best business ethics and practices

Seeks opportunities to grow business by capitalizing on Firm initiatives

Focuses on building strong relationships with corporate departments and strategic partners

Evaluates, develops and implements new services in conjunction with the Financial Advisor / Private Wealth Advisor and other team members

Stays attuned to updates and enhancements to firm products and policies

Client Engagement

Actively engages clients and prospects to build relationships, identify needs and review investment goals

Leads team to establish and cultivate relationships with new and existing clients and proactively helps to resolve issues and concerns

May regularly accompany senior team members to engage with clients to educate about the firm’s services and products

Serves as a client contact for administrative problem resolution and fielding general client questions on a spectrum of topics

Proactively shares targeted communications with clients leveraging digital tools available (e.g., share account information, newsletters containing opportunities, new offerings and other events)

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:

Education and/or Experience

5+ years of work experience in a field relevant to the position required

Four-year college degree or professional certification preferred

Active Series 7 (GS), and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)

Additional product licenses may be required

Knowledge/Skills

Enjoys working with people and problem solving

Effective written and verbal communication skills

Strong understanding of applicable compliance rules, regulations and firm policies

Ability to interact and communicate effectively with colleagues and clients

Strong computer skills including knowledge of Microsoft Office (Word, Excel and PowerPoint)

Detail-oriented with superior organizational skills and ability to prioritize tasks

Ability and interest in working in a fast-paced, evolving environment

Reports to:

Business Service Officer

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Salary range for the position: $50k-$95k/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. The application window is expected to close 12/5/2026 but may be extended depending on whether a candidate has been selected.

To qualify, applicants must be legally authorized to work in the United States and must not require, now or in the future, sponsorship for employment visa status.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .