Morgan Stanley Smith Barney

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Morgan Stanley Smith Barney Reviews

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2.0
23 Reviews
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Morgan Stanley Smith Barney President Greg Fleming
Greg Fleming
9 Ratings

23 Employee Reviews

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  1. No bonus for last 3 years for certain legacy Morgan Stanley employees in Operation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst in Purchase, NY
    Current Employee - Operations Analyst in Purchase, NY

    I have been working at Morgan Stanley Smith Barney full-time (More than 5 years)

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Brand Recognition of Morgan Stanley in Investment banking and wealth management.

    Cons

    No upward mobility for operation or support folks from legacy MS side.

    Advice to Management

    Please check the comp structure for Operation and support staffs

  2. Helpful (1)

    Not a pleasant place to work at. Backstabbing culture. Difficult to get people promoted,

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

    I have been working at Morgan Stanley Smith Barney full-time

    Neutral Outlook
    Approves of CEO
    Neutral Outlook
    Approves of CEO

    Pros

    Looks good on the resume.

    Cons

    Not a good place for a woman. On top of that corporate culture is to manage up. Not a collaborative atmosphere,

  3. very stressful

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

    I worked at Morgan Stanley Smith Barney full-time (More than 10 years)

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

    Pros

    flexible work arrangements where you can work remotely when necessary

    Cons

    very very stressful. employees are expected to always be available even when on vacation

    Advice to Management

    value the work contributions more than time spent on line

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  5. It use to be a great place to work

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

    I have been working at Morgan Stanley Smith Barney full-time (More than 10 years)

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

    Pros

    Friendly co-workers, nice location and very few good bosses.

    Cons

    Heavy favoritism to people who come in the door but not to the individuals who have been with the company for years. Its all about who you know in management to get you there.

    There use to be a lot of perks at Morgan Stanley but sadly all of them have went away over the years.

    Advice to Management

    Heavy turnover rate due to senior management overlooking long standing employees. They should start acknowledging the ones who have the most experience and do most of the work.

  6. Disinterested Staff + Managers

    Former Contractor - AML Analyst in New York, NY
    Former Contractor - AML Analyst in New York, NY

    I worked at Morgan Stanley Smith Barney as a contractor (Less than a year)

    Pros

    Good location for offices, amicable co-workers

    Cons

    No real drive for innovation in middle management, lacks clarity/determination to implement change.

  7. Financial Advisor

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

    I worked at Morgan Stanley Smith Barney full-time (More than 3 years)

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

    Pros

    Large suite of products to choose from

    Cons

    Poor support on buisness building, horrible technology,

  8. Disorganized

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

    I worked at Morgan Stanley Smith Barney 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

    Name brand
    Resources
    Legacy
    Employees some are great workers

    Cons

    Boys club
    Disorganized from merger
    Technology outdated

    Advice to Management

    Provide better guidance for those willing to put in the hard work

  9. My experience was medicore,and frustrating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Customer Service in Jersey City, NJ
    Former Employee - Customer Service in Jersey City, NJ

    I worked at Morgan Stanley Smith Barney full-time (More than 5 years)

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

    Pros

    Fortune 500 company with good benefits

    Cons

    The department I worked in had people who were not progressive thinking, promotions were based not on your acheivements and performance but on nepotism, any changes suggested for process improvement were always ignored.

  10. Pay getting worse, increasing outsourcing both on- and offshore.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in New York, NY
    Current Employee - Software Engineer in New York, NY

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

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Very flexible work arrangements, good technology stack (on the Morgan side, the SB side works with vacuum tubes)

    Cons

    Zero bonus for years now, LOTS of H1B- staff and India teams which depresses comp for everyone (local leaves->3 new India hires), really cool tasks (mobile, etc.) outsourced to contractors.

    Advice to Management

    Realize that Gorman is perceived as a jerk in the lower ranks, and it depresses morale. Paying millions to traders and for the others it's "if you're unhappy, just leave".

  11. High on talent and resources, low on loyalty.

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

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

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

    Pros

    Great resources, prestigious name, stable

    Cons

    Wealth management training program, low commissions

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