Morgan Stanley Adds Managing Director in Dallas

The firm appoints Waseem Amer to its Dallas office as it continues to expand its local workforce.

Updated on Oct. 26, 2026 in Financial Services

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Morgan Stanley has appointed Waseem Amer as a managing director in Dallas, marking the latest step in the firm's North Texas expansion strategy. AI Illustration. Upload story photo >

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In October 2026, Waseem Amer joined Morgan Stanley as a managing director based in Dallas. Amer brings experience from previous roles at Goldman Sachs, Citi, Barclays, and Alcon.

Why it matters

The appointment aligns with the firm's ongoing efforts to scale its presence and personnel within the North Texas financial sector.

Morgan Stanley has invested $684 million in its Dallas operations. The firm maintains a stated objective of reaching 3,800 roles in the city by the end of 2035.

The players

Waseem Amer

He is a financial executive who previously served as a senior vice president at Goldman Sachs for three years.

Morgan Stanley

It is a global financial services firm that has invested $684 million into its operations within Dallas.

The details

Amer joins the firm following a three-year tenure as a senior vice president at Goldman Sachs. His appointment follows the company's broader infrastructure investment in the Dallas market.

Timeline

  1. October 2026: Waseem Amer joined Morgan Stanley.

  2. 2023: Morgan Stanley established a partnership with OpenAI.

  3. End of 2035: Target date for Morgan Stanley to reach 3,800 roles in Dallas.

Market Landscape

The hiring of Waseem Amer follows the pattern set by the firm's strategic commitment to expanding its headcount and operational presence in Texas. This move underscores a broader corporate trend of establishing significant regional hubs to diversify talent acquisition beyond traditional financial centers.

The firm's ongoing investment in the Dallas market may impact local professional recruitment and the availability of specialized financial services in the area. Clients and local partners can expect sustained activity as the firm works toward its 2035 employment goals.

The takeaway

The addition of senior leadership in regional offices often signals a long-term investment in local market capabilities. Professionals looking for industry shifts may note that major financial institutions continue to prioritize geographic diversification in their hiring strategies.

Further reading

For more information on the regional growth of investment firms, visit the Financial Services section.

Source note: This article includes information reported by EFinancialCareers.

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