Morgan Stanley Reviews

Updated August 28, 2015
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Morgan Stanley CEO James P. Gorman
James P. Gorman
448 Ratings

Pros
  • Good work-life balance depending on your role (in 117 reviews)

  • Smart people from diverse culture & background (in 93 reviews)

Cons
  • Work life balance is really bad (in 109 reviews)

  • Long hours leading to potential burnout (in 121 reviews)

More Pros and Cons

923 Employee Reviews

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  1. For a huge company, Morgan Stanley is pretty good

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

    I have been working at Morgan Stanley full-time (More than 3 years)

    Pros

    Environment is encouraging and open, management is easy to access/talk to. Easy to foster relationships in various back-office specialties, even across the country, which makes solving problems and getting questions answered more efficient. Benefits are excellent.

    Cons

    It is almost impossible to get a meaningful raise here if you are support staff. They will promise you one, then end up freezing payroll, then give you a couple thousand bucks the next year. Not a ton of opportunities to move up to other positions. They seem to transfer in Morgan Stanley people in the same position from other offices when something opens, and employees don't find out that the position was open in the first place until it is filled. Management often does not seem to have the power to fix things or get something done.

    Advice to Management

    Salary should be more performance-based. Whether you are awful at your job, or excellent at your job is less relevant than the amount of time you have been at the company.


  2. Operations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Diverse group of people willing to help you. If you have the right attitude and network, doors will open.

    Cons

    Long hours would be it.


  3. Trade Support

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trading Assistant in New York, NY
    Former Employee - Trading Assistant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley (Less than a year)

    Pros

    The employees were very willing to share their knowledge and experience with me. We all worked as a team for the most part.

    Cons

    As a consultant with the firm, I was not told that the assignment was ending in time to find something else especially since they asked me to stay on permanently.

    Advice to Management

    Treat the temps and consultants a little better. Give a little more notice so someone doesn't end up out of work as I did. I haven't been working in the industry since 2008.


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  5. K

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Finance Manager in New York, NY
    Current Employee - Finance Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Lots of smart people that are willing to help you.

    Cons

    iT is terrible they basically run the show. The work can be extremely repetitive. bonuses and raises are hard to come by and when you do receive them they are very poor

    Advice to Management

    Focus more on developing your workers


  6. Great company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great mobility, good management team

    Cons

    Turnover of leadership at higher levels


  7. Good firm, tough job

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Morgan Stanley (More than a year)

    Pros

    Good comp, smart people to work with

    Cons

    Long hours, work can be dull

    Advice to Management

    More people development


  8. customer service representative

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Customer Service Representative in South Jordan, UT
    Current Employee - Customer Service Representative in South Jordan, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time (More than a year)

    Pros

    Good amount of financial knowledge gained, lots of opportunity to grow in financial industry

    Cons

    My position was a call center, I was responsible for a large amount of information and guidance on various issues from retirement, new accounts, banking, and web support. This created a very stressful environment at times due to the complexities of each of these large lines of business

    Advice to Management

    more thorough training, not just in a quick few days of training but when reps are on the phones as well by experienced peers.


  9. working on wall street as IT

    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I worked at Morgan Stanley (More than 10 years)

    Pros

    open and direct communication, good comp, nice environment, sophisticated Unix environment ( state of art), talented people to work with

    Cons

    demanding job, need to work about 10 hrs per day (average), compensation is not as good as before, can have a lot of pressure

    Advice to Management

    do not do too much management, stay "open and at direct", that's very important. find good people and keep them.


  10. Resume Builder

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Morgan Stanley full-time

    Pros

    Well respected firm from outside and will look good on a resume. Things have changed dramatically since the 2008 crisis. The pay is relatively high though the hours can be long.

    Cons

    Regulations kill upside since 2008


  11. Pretty Good Salary

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

    Pros

    The salary is pretty good and the people in this department are vey nice and willing help you in your career.

    Cons

    No cons to really point out.



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