Wealth Management Summer Analyst Program (Jun 2024)

About Morgan Stanley

Morgan Stanley is an American multinational investment management and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City. With offices in more than 41 countries and more than 75,000 employees, the firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. 

Your Role

Responsibilities vary according to the Home Office group you are placed in. You will collaborate with your team and larger division to create tailored, custom solutions for our clients. Potential Wealth Management Home Office roles cover a wide range of disciplines and may include but are not limited to:

• Product development and management
• Investment research and due diligence
• Analytics & Data
• Field services
• Financial Wellness
• Marketing
• Business Development
• Strategy
• Portfolio Construction
• Sales Engagement
• Digital Strategy

Training & development

The Wealth Management training program consists of a curriculum designed to equip Summer Analysts with the fundamental skills they need in order to be successful in Wealth Management. The Program is one week long and includes a Firmwide orientation, business overviews, professional development, technical training and networking events. Senior and peer speaker series are also a part of the overall training and are run throughout the duration of the Program.

Compensation & Benefits

Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. The salary range for this position is between US$30 - US$36 per hour. As an employee, you'll also receive the following benefits:

• Career development programs.
• Physical, mental, and emotional well-being.
• 401(k) retirement savings.
• Paid leave.

Career progression

Summer Analysts will join us for a competitive, 10-week program and are placed into a specific team within the Wealth Management Home Office. These teams are designed to offer a real-world, project-based experience of what it’s like to be a Wealth Management professional. Morgan Stanley Wealth Management is broken up into the Field and the Home Office.

Work-life balance

The Work-Life Balance at Morgan Stanley is rated a D+ putting it in the Bottom 25% of similar size companies on Comparably. 56% of Morgan Stanley employees are satisfied with their work-life balance while 55% feel they are burnt out. A well-proportioned work-life balance is necessary to keep employees happy and productive.

Company culture

Everything at Morgan Stanley is guided by five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back.

About you

Morgan Stanley prides itself on fostering an environment that promotes diverse talents and perspectives. One way we demonstrate our commitment to diversity is through the Sophomore Summer Program. This program is an integral part of our diversity recruiting efforts helping to attract historically underrepresented groups in the financial services industry.

• You are pursuing an undergraduate degree with an expected graduation date between December 2025 and June 2026.
• Minimum 3.5 GPA.
• You have basic knowledge and a keen interest in finance.
• You are analytical, results-driven, able to multi-task, and a team player with a positive attitude.
• You possess strong oral and written communication skills.

How to apply

To apply for this role, simply click the "Apply on employer site" button on this page.

Sources

• morganstanley.com
• comparably.com
• youtube.com