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Morgan Stanley

Global financial services; wealth management

Intern

Fall 2026Posted on 7/28/2026
No salary listed
Internship
Bachelor's
Kansas City, MO, USA
In Person
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • High school diploma required. In pursuit of college degree preferable.
  • At least 18 years of age.
  • Internships are intended to be positions that are for limited duration, with a maximum duration ten months.
  • Strong desire to gain further understanding of the global wealth management business.
  • Effective communication and interpersonal skills (both written and verbal)
  • Ability to work on a team.
  • Strong analytical skills and ability to interpret.
Responsibilities
  • Gain industry and organizational knowledge through daily business interactions and job assignments.
  • Develop business, financial and analytical skills needed for career in global wealth management and financial services.
  • Provide marketing and sales support to branches and their teams.
  • Perform market research.
  • Gain exposure to wealth management business, products, services and clients’ financial needs.

About the company

Morgan Stanley is a global financial services firm offering investment banking, securities, wealth management, and investment management services to individuals, families, institutions, and governments. It helps clients raise, manage, and distribute capital through advisory services, asset management, trading, and financing activities, with revenue from advisory fees, asset management fees, trading commissions, and interest income. The company differentiates itself through its large, worldwide platform that provides a full suite of services across markets and client segments, a focus on client needs and long-term relationships, and a strong emphasis on institutional expertise and capital markets capabilities. Its goal is to help clients achieve their financial objectives by delivering tailored financial solutions and maintaining enduring client partnerships.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1935

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Simplify's Take

What believers are saying

  • July 15, 2026 wealth management added $148 billion net new assets, boosting earnings.
  • Second-quarter 2026 investment banking revenue jumped 58%, showing renewed dealmaking momentum.
  • Dallas expansion announced October 2026 adds 3,800 jobs and strengthens Texas recruitment.

What critics are saying

  • March 4, 2026 layoffs cut 2,500 jobs, signaling continuing cost pressure and restructuring.
  • PMAX and crypto ETPs tie Morgan Stanley to volatile assets and regulatory scrutiny.
  • Wealth-management concentration creates existential dependence on market levels and IPO-driven stock-plan inflows.

What makes Morgan Stanley unique

  • Morgan Stanley hit $10 trillion client assets in Q2 2026, rare wealth-management scale.
  • June 26, 2026 PMAX expansion broadened private-markets access to non-accredited clients.
  • October 2, 2026 launches of Ethereum, Solana, and stablecoin funds deepen product breadth.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Mental Health Support

Wellness Program

Company News

Yahoo Finance
Oct 5th, 2026
Morgan Stanley upgrades Wells Fargo to buy, sees 27% upside as margins stabilise

Morgan Stanley upgraded Wells Fargo to buy from hold on Monday, setting a $102 price target that implies 27% upside. The bank is scheduled to report third-quarter earnings next Tuesday. Wells Fargo shares are down roughly 12% this year, lagging major peers. The underperformance stems partly from margin pressures after the Federal Reserve lifted a $1.95 trillion asset cap in June 2025. Wells Fargo expanded rapidly using pricier wholesale funding, which hurt profitability. Morgan Stanley expects margins to improve as balance-sheet growth moderates and the bank shifts toward cheaper deposit funding. Investment banking also presents upside: Wells Fargo has hired 150 senior bankers over four years and doubled fee revenue since 2022, yet still lags peers. The firm forecasts return on tangible common equity will reach 18% by 2028.

Kalkine Media
Oct 1st, 2026
Chesapeake Utilities launches $225M at-the-market equity offering program

Chesapeake Utilities Corporation announced on 1 October 2026 that it has launched an at-the-market equity offering programme valued at up to $225 million in common stock. The company executed an Equity Distribution Agreement on 30 September 2026. Six financial institutions have been appointed as managers for the offering, including Barclays Capital, Morgan Stanley, and RBC Capital Markets. The agreement also permits Chesapeake Utilities to enter forward sale agreements with five forward purchasers. Managers will earn commissions capped at 2% of the gross sales price per share. Net proceeds from the offering will be used for general corporate purposes, including capital expenditures, debt repayment, acquisitions, investments in subsidiaries, and working capital needs. The offering is registered under a shelf registration statement on Form S-3ASR.

Yahoo Finance
Sep 28th, 2026
Morgan Stanley to create 3,800 jobs in Dallas with $1.3B investment

Morgan Stanley plans to establish a major hub in Dallas, creating over 3,800 jobs and generating more than $1.3 billion in direct and indirect investment. The bank will anchor a new tower at 2401 McKinney Avenue, supported by an $18.5 million development grant from Dallas and a $44 million grant from a state programme. Eric Grossman, Morgan Stanley's chief legal officer, said the expansion reflects the firm's commitment to investing in markets offering exceptional growth opportunities. He cited Texas's thriving financial services industry as a key factor. The announcement comes amid debate about New York City's ability to retain major employers. Mayor Zohran Mamdani has proposed tax increases on wealthy property owners and high earners, including a levy on second homes worth over $5 million.

Kalkine Media
Sep 25th, 2026
Morgan Stanley launches $505K callable contingent-income securities offering

Morgan Stanley Finance LLC has priced a $505,000 offering of callable contingent-income securities maturing on 27 September 2029. Each security has a $1,000 public offering price but an estimated value of only $983.70 on the pricing date. The securities do not guarantee principal repayment or regular interest payments, with returns linked to the worst-performing of three designated indexes and exchange-traded funds. The principal is at risk. The issuance generated proceeds of $501,212.50 for the issuers. Agent commissions and fees totalled $3,787.50. Morgan Stanley plans to transfer acquired securities to an unaffiliated dealer at $992.50 each for resale at the $1,000 public price.

PR Newswire
Sep 24th, 2026
Viking Therapeutics prices upsized $500M offering of stock and convertible notes

Viking Therapeutics has priced an upsized $500 million concurrent public offering of common stock and convertible senior notes. The clinical-stage biopharmaceutical company will sell 7,857,143 shares at $35.00 per share and $225 million in 2% convertible senior notes due 2032. The offering size was increased from the previously announced $200 million for each component. The notes carry an initial conversion price of approximately $50.75 per share, representing a 45% premium over the public offering price. Viking estimates net proceeds of approximately $258.2 million from the common stock offering and $218 million from the note offering, after deducting underwriting discounts and expenses. The company intends to use proceeds for continued clinical development of its VK2735 and VK3019 programmes, as well as general research and development purposes. Morgan Stanley, JPMorgan, Jefferies, Leerink Partners, and William Blair are serving as joint book-running managers.

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