Summary written by USA Jobs 24 from Morgan Stanley's advert and our data on 17,030 current US jobs. How we check every job
At a glance
Morgan Stanley is hiring a Business Development Manager in Los Angeles, CA; Beverly Hills, CA. It is a full-time role in Sales & Business Development, asking for at least 5 years of experience, first listed on November 1. The advertised pay is $115,000–$190,000 a year. Morgan Stanley has 99 other openings in the US, 1 of them in Los Angeles, CA. Across all employers on USA Jobs 24 there are 49 Sales & BD openings in Los Angeles, CA today; the typical one asks for 5 years and advertises about $168,000 a year at the midpoint.
How the pay compares
Morgan Stanley advertises $115,000 to $190,000 a year, a midpoint of $152,500 a year. Where an offer lands in a range usually depends on experience and on the exact location. That is lower than about 74% of the 360 sales & BD jobs in California that publish a yearly rate on USA Jobs 24, where the typical midpoint is $190,000 a year. To see roughly what this leaves after federal and California tax, try our take-home pay calculator.
Before you apply
- Check it is still open. We found this job on Morgan Stanley's Workday site on November 1 and checked it again November 4, 5:17 AM ET. When an employer takes a job down, we remove it at our next daily update.
- Check the location works for you. This role is based in Los Angeles, CA (or one of 1 other locations). If you would need to move, ask whether relocation help is offered.
- Match the experience. The advert asks for at least 5 years of experience. If you are a little short, a close match on the skills in the advert can still win an interview.
- Know your number. Decide the lowest offer you would accept before the first call. Our salary negotiation guide explains how to ask for more.
- Apply only through Morgan Stanley's own site. Our Apply button goes straight to Morgan Stanley's Workday page. If anyone contacts you about this job and asks for money, gift cards or bank details, stop and check it with our scam checker. Read how to spot a fake job offer.
About hiring at Morgan Stanley
Morgan Stanley has 100 openings on USA Jobs 24 today across 20 states. Most are in finance & banking (28), customer service (16) and risk & legal (8). The biggest locations are New York, NY (33), Dallas, TX (18) and Purchase, NY (10). None of them is fully remote, 3% are open to entry-level candidates and 72% show pay. We collect Morgan Stanley's jobs every day straight from its own careers system (Workday), never from job boards or agencies.
The employer's advert
This is Morgan Stanley's own description of the job, copied word for word from its careers site. We have not edited it.
Show the full advert from Morgan StanleyHide the advert853 words
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
The Wealth Management National Sales organization supports the Firm’s Financial Advisors by managing the field sales support of non-banking products and the business development functions for our branch network.
As part of the Regional Sales Team, the Business Development Manager (BDM) is responsible for driving revenue and asset growth in their respective markets, executing strategic and tactical initiatives, providing ongoing practice management coaching and proactive ideas to Financial Advisors, and coordinating efforts around local, regional, and national initiatives.
Key Responsibilities:
- Serves as a trusted consultant to Financial Advisors, aligning firm solutions with client and business needs.
- Maintains deep knowledge of the Firm’s full suite of products and tools and clearly positions their capabilities.
- Drives adoption of national initiatives and regional priorities through strategic execution and advisor engagement.
- Develops and implements targeted business plans that support advisor growth, engagement, and drive business results.
- Conducts book reviews and segmentation analyses to identify growth opportunities.
- Delivers coaching, training, and practice management guidance to Financial Advisors.
- Partners with product specialists, market management, and business leaders to enhance advisor knowledge and solution adoption.
- Leads rollout of firm initiatives through presentations, workshops, and one-on-one coaching.
- Serves as a subject matter expert on key platforms, tools, and strategic initiatives.
- Facilitates training events and educational programs that support practice growth.
- Coordinates external resources and industry partners to deliver value-added advisor support.
- Collaborates across business units to execute strategic priorities and drive measurable outcomes.
Knowledge and Skills Required:
- A minimum of 5 years of experience in Wealth Management, as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience.
- Bachelor’s Degree required
- Active Series 7, and 66 (or 63 and 65) required upon hire or within 120 days of hire date
- Strong oral and written communication skills
- Outstanding interpersonal skills and demonstratable ability to establish alignment between the expectations and strategies of different stakeholders
- Strong and creative problem-solving skills
- Confident, flexible, and resilient team player
- Adapts style to build relationships across all levels
- Ability to autonomously develop, deliver, and execute on strategic plans
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: $115,000 and $190,000 per year. 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 X 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.
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.
USA Jobs 24 copied this listing from Morgan Stanley's official careers site on November 1, 2026 and checked it again November 4, 5:17 AM ET. Morgan Stanley will never ask you to pay to apply or to buy equipment with a check they send you. If anyone does, it is a scam.
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