Merrill Lynch Reviews

Updated April 24, 2015
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386 Employee Reviews

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  1. Good start for financial learning, but not interested in your goals.

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    They are a great firm to learn about the financial business.

    Cons

    after merging with Bank of America, employees became more like numbers and they didn't truly care about our reviews.

  2. Great place to work. Highly professional

    Former Employee - Client Associate in Phila, PA
    Former Employee - Client Associate in Phila, PA

    I worked at Merrill Lynch part-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I worked in a Merrill Lynch office about 20 minutes from my house. It was an easy commute. Everyone in the office was very friendly and willing to answer any questions I had.

    Cons

    Unfortunately, my position responsibilities changed over the course of my 2 years that I was employed. The position evolved into one more administrative.

    Advice to Management

    Be more clear with position descriptions. I understand positions will evolve over time but it took a 180.

  3. Intern

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

    I worked at Merrill Lynch

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Provided support, helpful, nice, growth opportunity, learning curve, good hours, decent pay, easy interview

    Cons

    Said they were going to give me all these projects to work on but never ended up doing that. Got bored a lot. Had to find things to do often.

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  5. Helpful (1)

    World-class financial services firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant in New York, NY
    Former Employee - Financial Consultant in New York, NY

    I worked at Merrill Lynch full-time (More than 10 years)

    Positive Outlook
    No opinion of CEO
    Positive Outlook
    No opinion of CEO

    Pros

    Reputation. Encouraged advanced education.

    Cons

    Limited by the very same emphasis on assets/revenues per financial consultant that makes it successful by those metrics.

    Advice to Management

    Review value proposition for affluent investors.

  6. Helpful (1)

    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 a year)

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

    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 Management

    lowering hurdle rates

  7. Helpful (1)

    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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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.

  8. 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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    lots of room to move up

    Cons

    pay is low, work keeps increasing

    Advice to Management

    needs work life balance

  9. 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.

  10. 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)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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 Management

    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

  11. 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)

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

    Pros

    fast paced and teamwork culture

    Cons

    cubical farm, put your head down and answer calls

    Advice to Management

    streamline learning

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