Merrill Lynch

www.baml.com
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There are newer employer reviews for Merrill Lynch

 

Good addition to Bank of America

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

I worked at Merrill Lynch full-time (more than 5 years)

Pros

Large network and deep pockets, good development opportunities

Cons

Unclear strategy, inconsistent feedback from managers

Advice to ManagementAdvice

confused culture with little consistency across managers and groups

Recommends
Neutral Outlook
No opinion of CEO

1296 Other Employee Reviews for Merrill Lynch (View Most Recent)

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  1. 2 people found this helpful  

    very hard to make it as a pmd

    Current Employee - PMD Financial Advisor
    Current Employee - PMD Financial Advisor

    I have been working at Merrill Lynch full-time (more than a year)

    Pros

    great resources. great research. not tied to desk.

    Cons

    production hurdles are tough to hit. only 1 percent make it thru pmd program. not given office but a cubicle.

    Advice to ManagementAdvice

    lower the pmd hurdles. its not right only 1 percent of pmds make it thru the program.

  2. 1 person found this helpful  

    very disappointing

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

    I worked at Merrill Lynch full-time (more than a year)

    Pros

    They license you with everything you need. they pay you a salary during your training. Lunch and Learns and lots of learning. Great training!

    Cons

    Numbers are almost impossible to achieve without resources such as family and friends who are willing to give you their money. After training, their minimum household amount on opening an account is $250k So, if you open a new account for $249k you will not get paid until they give you another $1000 for a total of $250k. You can take a smaller amount however you will not get any commission. It really is as hard as they say on this site.

    Advice to ManagementAdvice

    Why bother.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Merrill Lynch

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