A COMPARABLE PAY SNAPSHOT

BlackRock vs. Morgan Stanley & Co., LLC
Associate pay compared.

Compare Associate pay at BlackRock and Morgan Stanley & Co., LLC using the same pay measurement, currency, reported geography scope and disclosed period. Each employer keeps its own sample size and compensation breakdown.

PAY MEASUREMENTOffered base wage

USD · Annual median

PUBLISHED MEDIAN GAP$40,300

Absolute difference between the two selected employer medians

MEASUREMENT PERIODFY 2026 filings

Reported geography scope is matched; work locations and levels can differ

Matched offered annual base wages

These visa-program wage filings describe offers, not realized total compensation or the entire workforce. Both benchmarks use one matched evidence definition. Each row keeps its sample denominator and available component breakdown. Unknown components stay undisclosed.

How Wages.fyi compares compensation →

BENCHMARK EVIDENCE

Pay figures you can check.

Selected supported source cohorts for BlackRock vs Morgan Stanley & Co., LLC: Associate pay comparison. These are individual benchmarks, not an average across employers or levels.

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Associate · BlackRock · All reported locations

For Associate at BlackRock in All reported locations, the median offered annual base wage is USD $134,700. The sample denominator is 152 offered-wage filings. Measurement period: FY 2026 filings. Benchmark year: 2026.

Wages.fyi calculates this median from available regulatory wage filings. Filings describe offered base wages, not realized employee earnings or total compensation. Bonus and equity are not inferred.

Coverage refreshed . Refresh dates can differ from when compensation was earned or wages were offered.

Associate · Morgan Stanley & Co., LLC · All reported locations

For Associate at Morgan Stanley & Co., LLC in All reported locations, the median offered annual base wage is USD $175,000. The sample denominator is 139 offered-wage filings. Measurement period: FY 2026 filings. Benchmark year: 2026.

Wages.fyi calculates this median from available regulatory wage filings. Filings describe offered base wages, not realized employee earnings or total compensation. Bonus and equity are not inferred.

Coverage refreshed . Refresh dates can differ from when compensation was earned or wages were offered.

Only public source benchmarks with at least five samples and a disclosed median appear here. Samples can overlap and are never added into an employee total. Source sampling methods apply; published sample counts are not guaranteed to represent unique employees. Missing pay components stay undisclosed. Methodology.

THE EMPLOYER BREAKDOWN

Two employers. The same measurement.

2 selected cohorts shown. Open a row for the full pay definition and components.

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EMPLOYER / ROLETOTAL COMPBASE SALARYSTOCK / YEARCASH BONUSCONTEXT
B
BlackRockAssociateAll reported locations
Not disclosedUSD · Median$134,700——Offered base wage · filing cohort152 filingsFY 2026 filings · Oct 18, 2026
MS
Morgan Stanley & Co., LLCAssociateAll reported locations
Not disclosedUSD · Median$175,000——Offered base wage · filing cohort139 filingsFY 2026 filings · Oct 18, 2026

Questions about this pay market.

Which employer has the higher published base wage median?

BlackRock reports $134,700 and Morgan Stanley & Co., LLC reports $175,000 for this matched Associate snapshot. The absolute published median gap is $40,300. Different sample populations can produce different results; these group medians do not predict an individual offer.

What makes this a fair comparison?

Both selected anchors share the career, pay measurement, currency, public evidence class, reported geography scope and period. The period is FY 2026 filings. We do not map company-specific levels onto one another or combine sample counts.

How should I compare an actual offer?

For an offer from BlackRock or Morgan Stanley & Co., LLC, compare guaranteed annual base, expected or guaranteed bonus, annual equity and signing pay separately. Keep the level, work location and vesting terms alongside the amounts. A target bonus is not guaranteed pay.

Does a missing component mean zero?

An undisclosed bonus, equity award or benefit remains unknown. Disclosed component medians can describe different parts of a source cohort and may not add to the headline total. Your written offer determines your package.

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Base wages, total compensation, source estimates, and employer ranges are measured separately. Sample counts and reporting periods travel with every benchmark.

Our methodology