There are newer employer reviews for Merrill Lynch

Great company and great perks

Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Merrill Lynch

Pros

Great people, great company, great perks.

Cons

Massive oversight and compliance due to perceptions following 2008

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  1. Solid internship experience (private wealth management)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Merrill Lynch Wealth Management Program Intern in Beverly Hills, CA
    Former Intern - Merrill Lynch Wealth Management Program Intern in Beverly Hills, CA

    I worked at Merrill Lynch as an intern (less than a year)

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

    Pros

    - *Very* dependent on the wealth management adviser you work under and how much responsibility he/she is interested in giving you, as it is a very personal/non-standardized structure with much flexibility
    - For me, this was a pro as I was given a solid amount of responsibility doing equity research for investment opportunities and learning the Bloomberg Terminal (very valuable as a rising sophomore), but YMMV
    - Very flexible hours with only 20 hours per week/3 days per week, but again YMMV based on your manager
    - Although minimum wage, still make money

    Cons

    - Still a not insignificant amount of grunt work, specifically filing and updating binders and Excel spreadsheets
    - Only paid minimum wage
    - Work was often sporadic and somewhat random, but YMMV as always
    - Didn't get to sit in on very many client/firm meetings

  2. Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in San Francisco, CA
    Former Intern - Intern in San Francisco, CA

    I worked at Merrill Lynch as an intern (less than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    - Great work environment
    - Strong position in market
    - Global firm
    - One of the top research departments in the industry

    Cons

    Training program can be difficult to get through for new hires, especially those without prior wealth management experience

    Advice to Management

    Improve on training program

There are newer employer reviews for Merrill Lynch

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