There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

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Helpful (1)

Lots of Money (Maybe), but with Trade-offs

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Research Associate in New York, NY
Current Employee - Research Associate in New York, NY
Doesn't Recommend
No opinion of CEO

Pros

Historically, employees at Morgan Stanley have been paid very well.

Cons

However, there is no guarantee that things will get better for the financial services industry and many of the legacy business models will not work in the future. Unfortunately, management has not given any indication that the firm is planning on adapting. There is high employee turnover, and as employees gain seniority they are at increasing risk of being laid off. There is terrible work-life balance, especially at the junior level, when employees are expected to be available 2/47. There is a lack of information sharing across the firm, and it is very difficult to change roles within the organization.

Advice to Management

Reward collaboration and give employees incentives to move around within the organization.

Other Employee Reviews for Morgan Stanley

  1. Helpful (1)

    Great opportunities for hard workers

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst in New York, NY
    Former Employee - Summer Analyst in New York, NY
    Recommends
    Approves of CEO

    Pros

    Morgan Stanley is a reputable, world-renowned firm. When I first became aware of the job opportunity, it almost seemed too good to be true. Morgan Stanley offers very competitive salary and bonus packages, benefits, and truly stresses "work-life" balance. Many of the Morgan Stanley offices throughout the Metropolitan New York City area have gyms available on-site or have easy access to NYSC or Gold's Gym (which Morgan Stanley subsidizes). Working at Morgan Stanley is an incredible learning experience, and one is reminded everyday of the bright, critical-thinking, problem-solving colleagues that surround them. The opportunities for advancement and career development at Morgan Stanley are among the best in the industry. Many online development courses are offered, in addition to workshops and graduate studies tuition reimbursement.

    Cons

    In the industry of finance, there are obvious downsides regardless of the company. Many divisions at Morgan Stanley work long hours - easily 12-15 hour days. This is not exclusive to Morgan Stanley, however. The general nature of the finance industry is quite unstable these days, so if you're looking for definite job security over the long-run, a company such as Morgan Stanley may not be for you. The only true "downside" to working at Morgan Stanley would be if you are a slacker or too dependent on others. This behavior would not be tolerated for long at Morgan Stanley, so you would be bound to have a short career here.

    Advice to Management

    Senior Management should take a more active interest in the talent development process at Morgan Stanley. Given, Senior Management executives have incredibly busy days, but any time set aside to interact with "lower down" employees would be beneficial. These workers would gain the benefit of exposure to their Senior Managers, thus resulting in a likely increasingly positive working relationship, and motivation for success.


  2. Superior working environment.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Portsmouth, NH
    Current Employee - Financial Advisor in Portsmouth, NH
    Recommends
    Approves of CEO

    Pros

    Stupendous, excellent, superior working environment.

    Cons

    Performance expectations are very tough.

    Advice to Management

    Extend salary time for new FAs and adjust performance expectations for current market conditions.


There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

See Most Recent

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