There are newer employer reviews for Merrill Lynch

 

good

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Financial Advisor  in  Short Hills, NJ
Current Employee - Financial Advisor in Short Hills, NJ

I have been working at Merrill Lynch

Pros

The company has a huge history. So when you are ready to make the jump to a new employer you can ask for a much higher salary

Cons

not much support. need to learn everthing on your own

Advice to ManagementAdvice

need to give more guidance. New people are just thrown into the wild

Recommends
No opinion of CEO

1157 Other Employee Reviews for Merrill Lynch (View Most Recent)

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  1.  

    Wealth Management business at Merrill Lynch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Assistant Vice President  in  New York, NY
    Former Employee - Assistant Vice President in New York, NY

    I worked at Merrill Lynch

    Pros

    The Wealth Management platform at Merrill Lynch is by far the best on the street. The resources given to the business unit are endless. Not only is the business a great platform, but financial advisors make it the great success it is.

    Cons

    The difficult aspect about working for the Wealth Management platform at Merrill Lynch is that it is not always viewed in the same light as the investment banking side of the business. Although the revenues and profitability is smoother, bonuses are not as high during the good times and still take a hit during the bad times for investment banking (even if the business is strong).

    Advice to ManagementAdvice

    Continue to provide training for analysts. In addition, management could provide better career management for junior professionals within Wealth Management. Too many good junion individuals are lost to competition and the investment banking business because of lack of guidance to the junior levels

    Recommends
    No opinion of CEO
  2.  

    Merriyll Lynch

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    I worked at Merrill Lynch

    Pros

    The pay is very good in comparison to other investment banks. The opportunity to climb the corporate ladder is there.

    Cons

    Since its acquisition by BA, ML has continued to be downsized as BA does not have a long term strategy.

    Advice to ManagementAdvice

    You should develop a long term strategy by which the employees of your firm can be lead. They are lost as of today.

    Doesn't Recommend
    No opinion of CEO
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