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30+ days ago

Merrill Lynch Financial Advisor Program - Jamestown, NY

Merrill Lynch Jamestown, NY

PMD is a structured and disciplined program that demonstrates our ongoing commitment to the growth and progress of our Merrill Lynch Financial… Merrill Lynch


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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
359 Ratings
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    Client Associate: static position

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Associate (FP)
    Current Employee - Client Associate (FP)

    I have been working at Merrill Lynch full-time (more than 5 years)

    Pros

    Work-Life Balance is good since you're an hourly employee and do not have access to emails/phone, etc outside of work. Salaries are decent but you have the opportunity to make more depending on the FA(s) you work with since they can add supplemental pay. This is something that you'll need to negotiate directly with the FA.

    Cons

    Basically a glorified assistant position. There is no career growth opportunities unless you want to become a Financial Advisor. Very stressful job and it seems like every year CAs are expected to do much more without more pay. CA work moral is very low.

    Advice to ManagementAdvice

    Make CAs feel like valued employees. I know the FAs are important since they bring in revenue but without the CAs, ML would not be the prestigious firm it is today.

    Doesn't Recommend
    Disapproves of CEO

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