Morgan Stanley

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Morgan Stanley Reviews

Updated Jul 10, 2014
All Employees Current Employees Only

3.4 1,544 reviews

78% Approve of the CEO

Morgan Stanley CEO James P. Gorman

James P. Gorman

(716 ratings)

72% of employees recommend this company to a friend

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in(in 95 reviews)

  • There are lots of smart people there who you can learn a lot from(in 82 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them(in 90 reviews)

  • Long hours in the operation department when the market is bad(in 105 reviews)

180 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Ego-town

    Anonymous Employee (Former Employee)

    ProsYou get banking holidays off?

    ConsNobody cares about you or your path

    Advice to Senior ManagementPay people more

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Lack of leadership

    Operations Associate (Current Employee) South Jordan, UT

    ProsThe flexible work schedule and my salary compared to other companies is better than any where else in my area.

    ConsI have noticed management does not even know their own department's day to day work. Management cannot even perform any of the day to day work on their own. I am one that believes in leading by example and this seems to be something MS leadership is seriously lacking on.

    Advice to Senior ManagementPromote a model of skipping tiers in management one-on-ones with employees less than Directors. If you really want to know what your management is up to, you should start asking questions to those that are not in leadership roles. Give actual feedback from upper management to staff.

    Yes, I would recommend this company to a friend

    • Approves of CEO

     

    great

    Intern (Current Employee) Philadelphia, PA

    ProsI like that you can talk to other people while at the firm.

    ConsSometimes they block the best websites.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    FA experience

    Financial Advisor (Current Employee) Pittsburgh, PA

    ProsObtained all my credentials on their dime

    ConsWhat they don't tell you is not only is this extremely competitive, but stranded accounts from terminate FA's go to "preferred FA", which is not always objective to production levels.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Disappointing and Unsupportive

    Financial Advisor Associate (Current Employee) New York, NY

    ProsThe salary. The research available.

    ConsUnsupportive structure from the top down. Management has a "open door" policy which is really a get out of my office policy when you have a question. Disconnect among management and all other employees. No accountability.

    Advice to Senior ManagementMS training program consists of them licensing you and ends there. All other training is done on your own.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Morgan Stanley does not compensate fairly.

    Anonymous Employee (Former Employee)

    ProsThe benefit package while employed there is competitive.

    ConsManagers are not concerned with the amount of overtime that employees have to work for a relatively small amount of pay. They lay off people and give those remaining the extra work without extra compensation.

    Advice to Senior ManagementPay attention to the hours your employees are working.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Stale Culture

    Analyst (Former Employee) New York, NY

    ProsAs a big firm, there are the obvious benefits - potential to move around, access to different areas of the industry, big name, etc.

    ConsCulture is lacking. People do not communicate. Worked in marketing and went days with little contact with other individuals.

    Advice to Senior ManagementBetter perks, culture, etc.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Compensation not in line with years of consistent promotions

    Senior Manager - Finance (Current Employee) New York, NY

    Pros-Gained a lot of valuable business knowledge and experience
    -Provides a good work life balance (though this wouldn't be as important if compensation was more in line with expectations)

    Cons-Poor compensation compared to market
    -Lots of office politics
    -Too many levels of middle management

    Advice to Senior Management-Pay more attention to your people. Retaining talent should be a higher priority

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    2 people found this helpful  

    Electronic trading IT areas are a sweatshop, they will promise you bonuses, but will not deliver.

    Vice President- ISGT (Former Employee) New York, NY

    ProsCulture as a company is fairly good, Senior management as a whole is competent and does mostly the right thing. This was the best Investment Bank I have worked for (and I have worked for several). There are a lot of good individuals that work there. Management pushed people way too hard, but was at least not malicious. The business is clean- I never felt pushed to do the wrong thing for clients.

    ConsExtremely long hours (~12 hour days on average), no consideration for personal life. Technology division is now 70% consultants, if you are a full-timer, you will be stuck with a lot of weekend work, as they won't pay
    consultants on the weekend. It was just exhausting keeping up, I usually went home because I was spent, rarely did I go home because I felt everything was done. If you are full time, don't expect a bonus in technology. Before leaving, I talked to over 10 people who worked in my area, and the best bonus I heard going back to 2006 was $8000. My jaw was on the floor.

    The culture was extremely competitive to "hit the date" on projects, and since bonuses (at least the idea of a bonus) were based on how many projects had your name next to them, teammates would not help each other out. Management has the joke on everyone- no one is getting paid, and it doesn't matter how much you killed yourself the past year!

    Its a large company, and it was exhausting to get things done sometimes. Pushing on the right teams to get their work done (when you have no carrot to offer them), following all the procedures to get changes out (You see, we are putting new cover sheets on the TCMs this week, did you get that memo?), etc, just sucked the life right out of me.

    Advice to Senior ManagementPay your people, respect their time, and stop spending so much time making yourself look good to your boss that you have no idea what is going on day to day in your group. Do not create a culture of "delivery" when you only have one thing to deliver to your employees- a decent bonus, and fail to do so year after year.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

    • No Opinion of CEO

     

    Morgan Stanley had managers that had no concept of how to manage relationships

    Financial Advisor Associate (Former Employee) Indianapolis, IN

    ProsTop tier analysts

    Flexible schedule

    Sexy private banker

    ConsManagement was clueless about anything going on

    Advice to Senior ManagementLet advisors advise and stop having so many meetings during the day

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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