Merrill Lynch

  www.baml.com
  www.baml.com

Merrill Lynch Reviews

Updated December 4, 2014
Updated December 4, 2014
1,234 Reviews
3.6
1,234 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
347 Ratings

Review Highlights

Pros
  • Decent work/life balance(based on your work area) Good (not great) benefits (in 50 reviews)

  • Learned a lot about wealth management, especially through the online courses (in 43 reviews)


Cons
  • The work-life balance is definitely a con (in 23 reviews)

  • You are expected to work long hours with no overtime pay or additional compensation (in 37 reviews)

More Highlights

363 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Wealth Management Division - Client associate intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Associate (FP) in Washington, DC
    Former Employee - Client Associate (FP) in Washington, DC

    I worked at Merrill Lynch as an intern (less than an year)

    Pros

    Learnt a tremendous amount, payed

    Cons

    Very masculine environment, women not always respected. Somewhat bored some days, training takes a long time and does not always apply to specific position.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    PMD Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - PMD Financial Advisor in Los Angeles, CA
    Former Employee - PMD Financial Advisor in Los Angeles, CA

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    Great exposure to numerous high-net-worth individuals

    Cons

    Hurdle rates are too high for most people to be able to pass the program

    Advice to ManagementAdvice

    lowering hurdle rates

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    good place, very corporate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Lynch

    Pros

    lots of room to move up

    Cons

    pay is low, work keeps increasing

    Advice to ManagementAdvice

    needs work life balance

    Recommends
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Just be good at sales.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - PMD Financial Advisor
    Former Employee - PMD Financial Advisor

    I worked at Merrill Lynch full-time (more than an year)

    Pros

    Some good training, and a decent salary.

    Cons

    Its a full on sales position-if you can't influence people, its not the job for you.

  6.  

    Very competitive environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Representative in Seattle, WA
    Former Employee - Account Representative in Seattle, WA

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    A lot of smart people and best in the industry. These guys know their business and are as knowledgeable as anyone.

    Cons

    Training program will leave you questioning if they care about your success in the long term. Should give more guidence to help new employees.

    Advice to ManagementAdvice

    Have more meetings to keep your new employees in the loop. Dont just make them sit around and try to figure out things on their own

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Brief experience as an intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Houston, TX
    Former Employee - Intern in Houston, TX

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    - good learning experience
    - flexible schedule
    - paid internship

    Cons

    - not a lot to do
    - felt like I wasn't very involved.

    Advice to ManagementAdvice

    Get interns more involved.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Cubical Farm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Chandler, AZ
    Former Employee - Financial Advisor in Chandler, AZ

    I worked at Merrill Lynch full-time (more than an year)

    Pros

    fast paced and teamwork culture

    Cons

    cubical farm, put your head down and answer calls

    Advice to ManagementAdvice

    streamline learning

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    Great place to start your career as a Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - PMD Financial Advisor
    Former Employee - PMD Financial Advisor

    I worked at Merrill Lynch full-time (more than 3 years)

    Pros

    They are one of the few broker dealers who pay FA trainees while they complete their licensing requirements. Depending on the complex you are located in you will either have very hands-on training or be left to fend or yourself.

    Cons

    It is very difficult to become a successful advisor and many times management focuses on the wrong activities to produce results.

    Advice to ManagementAdvice

    Trainees should be interviewed by and matched to specific teams that should be incentive-ized to help ensure the success of the trainee.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    ok

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Lynch

    Pros

    overall a good and reputable bank to work for

    Cons

    it can be a cut throat culture

  11. 1 person found this helpful  

    Not the same company it used to be.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Complex Manager in Charlotte, NC
    Former Employee - Complex Manager in Charlotte, NC

    I worked at Merrill Lynch full-time

    Pros

    Great people, very good training.

    Cons

    Culture has changed. Doesn't value it's people like it did before Bank of America acquired it.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

Work at Merrill Lynch? Share Your Experiences

Merrill Lynch

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.