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.

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.

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.

Expected base pay rates for the role will be $20 - $20 per hour at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.

About the company

Morgan Stanley advises companies and governments on financing and manages investments for institutions, individuals, and families. Its business combines investment banking and securities trading with wealth management and an asset-management division that invests across public and private markets. Bankers arrange stock and bond sales and advise on mergers, while advisors build client portfolios and fund managers invest money under agreed strategies. The firm earns advisory and management fees, trading revenue, commissions, and interest from lending and deposits. Morgan Stanley was founded as a partnership in 1935 and is headquartered in New York City.

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

Business activity supports expansion: Morgan Stanley reported $21.3 billion quarterly revenue in July 2026, versus $16.8 billion a year earlier.
Dallas careers have a future pipeline: Morgan Stanley announced plans for 3,800 jobs by 2035 in September 2026.
Recurring fees anchor wealth management: asset-management fees supplied 59% of Morgan Stanley Wealth Management's 2025 revenue.

What critics are saying

Staff stability is uneven: Reuters reported Morgan Stanley cut 2,500 jobs across divisions in March 2026, excluding financial advisors.
Falling markets squeeze fees: Morgan Stanley bases wealth and asset-management fees on client portfolio values.
Asset-manager inflows weakened: Morgan Stanley reported $7.5 billion long-term net flows in July 2026, versus $12.2 billion a year earlier.

What makes Morgan Stanley unique

Retail clients choose their service level: Morgan Stanley combines E*TRADE trading with virtual and dedicated financial advisors.
Workplace investing has dedicated infrastructure: Morgan Stanley runs Shareworks and E*TRADE stock-plan platforms for customer employees.
Specialist investing extends its reach: Morgan Stanley owns portfolio-customization firm Parametric and responsible-investing firm Calvert.

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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

Company News

Yahoo Finance

Nov 3rd, 2026

Morgan Stanley's Wilson sees S&P 500 at 8,500 by 2027, with $10.5T in client assets set to gain

Morgan Stanley's top stock strategist, Mike Wilson, says the market correction is in its "final innings" and expects conditions to improve within weeks. He told CNBC that investors have already priced in most bad news since June, including AI spending fears, wars, and the upcoming US elections. Wilson sees the S&P 500 reaching 8,500 by mid-2027, about 11.5% above its October 23 close and above the bank's official 8,300 target. A rally would help Morgan Stanley, which earns fees on client assets. Clients hold a record $10.5 trillion with the firm, and its wealth business brought in a record $9.1 billion last quarter. Third-quarter revenue was $20.34 billion, and earnings per share were $3.03, beating the $2.94 consensus.

Kalkine

Nov 2nd, 2026

GATX prices $300M of 5.950% senior notes due 2036 at 110 bps over Treasuries

GATX Corporation priced a $300 million offering of 5.950% senior notes due November 15, 2036, according to a free writing prospectus filed on November 2, 2026. Settlement is expected on November 6, 2026. The notes were sold at 99.789% of par, a yield of 5.978%. That is 110 basis points over the benchmark US Treasury 4.625% due August 15, 2036. Interest is paid every May 15 and November 15, starting May 15, 2027. GATX can redeem the notes at par from August 15, 2036. Expected ratings are Baa1 from Moody's, BBB from S&P, and BBB+ from Fitch, all with stable outlooks. BofA Securities, Citigroup Global Markets, Morgan Stanley, and PNC Capital Markets led the offering.

Yahoo Finance

Nov 2nd, 2026

Morgan Stanley backs Sandisk at $1,750 target after 18% drop wipes $36B

Sandisk shares fell about 18% over two sessions on October 29 and 30, 2026, erasing roughly $36 billion in market value. The drop followed a record fiscal first quarter, with revenue of $11 billion, up 378% from a year earlier. Chief financial officer Luis Visoso said premium and mainstream devices held up, "partially offset by contraction at the lower end." Sales volume in its Edge unit, which sells flash memory to phone and PC makers, fell 20% from a year earlier. Morgan Stanley kept its Overweight rating and $1,750 price target, betting data center demand will offset weaker consumer sales. Consumer and client products fell to 56% of revenue from 90% a year earlier. Sandisk's 8-for-1 stock split takes effect November 20.

Kalkine

Oct 29th, 2026

Public Storage unit prices $500M of 5.600% senior notes due 2036

Public Storage Operating Company priced a $500 million offering of 5.600% senior notes due November 15, 2036, according to a filing dated October 29, 2026. The notes are guaranteed by Public Storage (NYSE: PSA). The notes were priced at 98.293% of principal, for a yield of 5.827%. That is 83 basis points over the 4.625% Treasury due August 15, 2036. The underwriting discount is 0.450%. Interest is payable twice a year, starting May 15, 2027. The company can redeem the notes at par on or after August 15, 2036, or earlier under a make-whole provision. BofA Securities, BNP Paribas Securities, and Morgan Stanley led the deal. Settlement is set for November 6, 2026.

Yahoo Finance

Oct 28th, 2026

Morgan Stanley at $187.26: 36% EPS growth and 17.1% revenue growth vs 1.6% share loss

Morgan Stanley (NYSE:MS) shares trade at $187.26, down 1.6% over the past six months. The S&P 500 gained 7.5% in that period. The bank's annualized revenue grew 17.1% over the last two years, above its five-year trend. Earnings per share rose at a 36% compound annual rate over the same time, which shows the firm became more profitable per share as it grew. Tangible book value per share grew 5.6% a year over five years, but accelerated to 10.2% a year over the past two, from $43.76 to $53.18. The stock trades at 13.7 times forward earnings.

Morgan Stanley

Intern

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About the company

Get referred to Morgan Stanley

Simplify's Take

What believers are saying

What critics are saying

What makes Morgan Stanley unique

Benefits

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