Morgan Stanley Smith Barney

www.morganstanleysmithbarney.com

Morgan Stanley Smith Barney Reviews in Purchase, NY

502 Reviews
3.3
502 Reviews
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Morgan Stanley Smith Barney President Greg Fleming
Greg Fleming
149 Ratings

Review Highlights

Pros
  • Good understanding middle management about work/life balance (in 15 reviews)

  • Good benefits/PTO, fast-paced learning environment, great advisors (in 22 reviews)


Cons
  • There is a disconnect between the companies desire for Financial Advisor Associates to succeed and their actions (in 20 reviews)

  • Invariably, unless you are part of a team you will not make it through the training program (in 13 reviews)

More Highlights

2 Employee Reviews Back to all reviews

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  1.  

    I spent close to 5 years with MS/MSSB, the Joint Venture ruined it all, it created conflicts...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Various Roles in Purchase, NY
    Former Employee - Various Roles in Purchase, NY

    I worked at Morgan Stanley Smith Barney

    Pros

    Career advancement opportunities, benefits are good, too bad they discontinued the ESPP (again, because of the JV)

    Cons

    Compensation is not as good as other companies on the street

    Recommends
    No opinion of CEO
  2.  

    Great FICC capital markets starting ground for first 3-5 yrs. Freedom to advance in sales or trading.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Sales Trader in Purchase, NY
    Former Employee - Sales Trader in Purchase, NY

    I worked at Morgan Stanley Smith Barney

    Pros

    Opportunity to take your career in any direction you want within capital markets. There's a seat for every product with real front office responsibility and experience.
    Great launching pad to land a more specialized role with higher pay once you figure out your career goals.
    Work life balance and great people to work with
    Take care of their people with comp and benefits

    Cons

    Retail focus... second in line to institutional business
    Paid 20% below street (but still paid well)
    Management turning desk into agency business and a lot of red tape

    Advice to ManagementAdvice

    Be more transparent with employees
    Better pay based on merit
    Don't roll over into an agency desk

    Recommends
    No opinion of CEO

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