Merrill Lynch Reviews

Updated March 24, 2015
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382 Employee Reviews

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  1. 1 person found this helpful

    Wealth Management Division - Client associate intern

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

    I worked at Merrill Lynch as an intern (less than a 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. 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
  3. 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 a 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.

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  5. 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 a 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
  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 a 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 a 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. 1 person found this helpful

    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
  9. 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

  10. 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
  11. Financial Advisor

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

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

    Pros

    Excellent place to work with an opportunity to world class training. The company has history of producing very high caliber of investment advisor.

    Cons

    Merrill Lynch is company for people who steel nerves and determination. Company places too much emphases on production rather than developing an adisor.

    Advice to ManagementAdvice

    New advisor should be supported by every means available. Senior wealth manager should assist junior advisors to obtain the confidence in order to be successful in this business.

    Recommends
    Positive Outlook
    Approves of CEO

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