Merrill Lynch Reviews

Updated August 27, 2014
Updated August 27, 2014
1,155 Reviews
3.6
1,155 Reviews
Rating Trends

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

Review Highlights

Pros
  • Decent work/life balance(based on your work area) Good (not great) benefits (in 42 reviews)

  • learned a lot about client management in a high assets environment (in 36 reviews)


Cons
  • The work-life balance is definitely a con (in 22 reviews)

  • long hours work life balance leaves only work work can be boring sometimes and can be too overwhelming sometimes (in 32 reviews)

More Highlights

178 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Great place to start off a career in financial services.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Participant Representative  in  Jacksonville, FL
    Former Employee - Registered Participant Representative in Jacksonville, FL

    I worked at Merrill Lynch full-time for more than a year

    Pros

    Somewhat flexible schedule, decent pay, great benefits (vacation time, insurance, 401k.) Merrill pays for all of your training to get Series 7 and Series 66 licenses.

    Cons

    Everyday is the same. You talk to people about their 401ks, pensions, or stock options. I felt like a robot after time having the same conversation with different people over and over. You're on the phone all day too which was ok some days and dreaded others.

    Advice to ManagementAdvice

    Nothing management could really do to make the experience better. The cons are just the nature of the position. Management was very accomodating if I needed to be out or wanted time off.

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Great Company!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    Provided on the job training. Very flexible hours for students who are working part time

    Cons

    They no longer provide students with tuition reimbursement,

  3.  

    Great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor  in  Berkeley, CA
    Current Employee - Financial Advisor in Berkeley, CA

    I have been working at Merrill Lynch full-time for more than a year

    Pros

    Great Training Program. Supportive Staff. Assigned Mentors.

    Cons

    You have all the tools to access but you just have to take the time to learn it all and it really is the type of field where you get what you put into it

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Fantastic work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Paraplanner  in  Pasadena, CA
    Current Employee - Paraplanner in Pasadena, CA

    I have been working at Merrill Lynch full-time for more than a year

    Pros

    Projects are interesting and there are always new ones available (keeps it interesting.) Colleagues are friendly and the environment is supportive. Working alongside experienced financial advisers provide a good look into the career as a financial planner. Client confidentiality and trustworthiness is a number one for the company.

    Cons

    Not much to say here, I really enjoy my time at the company so far. Maybe just that at times the environment is too familial and a few employees may take advantage of the friendliness from upper management.

    Recommends
    Positive Outlook
  6.  

    It was a very fufilling experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Solutions Associate  in  Hopewell, NJ
    Former Employee - Client Solutions Associate in Hopewell, NJ

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

    Pros

    A lot of progression and growth opportunities. I studied for the series 7 while I was there and then got my 66 after I left

    Cons

    It's a large workplace so it's easy to get caught in the mix

    Advice to ManagementAdvice

    Place a better emphasis on communication between departments. These delays affect client service profoundly.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    Work Hard = Get Paid!

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

    I have been working at Merrill Lynch full-time

    Pros

    The financial platform is stellar, with almost unlimited investment options to help service your clients plus lending capabilities.

    Cons

    You run your own practice, so you must know what tasks will make you money and which will not.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    A great opportinity for a self motivated person

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

    I worked at Merrill Lynch full-time for less than a year

    Pros

    Pay, perks, education, networking, support staff

    Cons

    Long hours, lack of managers who have actually sold something

    Advice to ManagementAdvice

    People with sales experience in management

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great employer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate  in  Jacksonville, FL
    Current Employee - Sales Associate in Jacksonville, FL

    I have been working at Merrill Lynch full-time for more than a year

    Pros

    Fast promotions, leadership is mostly hired within, great pay, great work environment, I have enjoyed the fact that right out of college I was encouraged to learn as much as I could and given alot of opportunities that I otherwise would never have had

    Cons

    beurocracy, hard to get vacation, training, relationship with bank of america causes alot of issues and frustration

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    I love it here.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Associate(FP)  in  West Palm Beach, FL
    Current Employee - Client Associate(FP) in West Palm Beach, FL

    I have been working at Merrill Lynch full-time for less than a year

    Pros

    Great people to work with

    Cons

    Compliance is a pain in the ...

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Professional

    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    Good Entry Level positions and Internships

    Cons

    Nothing worth mentioning. Great Company

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