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Great Company to work for

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - NNA in Columbus, OH
Former Employee - NNA in Columbus, OH

I worked at Morgan Stanley full-time (More than a year)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

No nights or weekends in the NNA dept

Cons

The only thing I did not love was seating all day, But it was my 1st phone job and I was used to working in food.

Advice to Management

Yes.

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  1. Helpful (2)

    Lack of Opportunities in MS Wealth Management Capital Markets

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Management Capital Markets in Purchase, NY
    Current Employee - Wealth Management Capital Markets in Purchase, NY

    I have been working at Morgan Stanley full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    + There's been some great people I've met after starting my career on Wall Street over two years ago.
    + Learn a variety of capital market products within a year.
    + If you live in CT or Westchester, the commute is ideal.
    + Nice gym for $15/month

    Cons

    - The managers of this 300 person operation recruit smart Top 20 College seniors to positions promising an opportunity in "Sales and Trading" at Morgan. This could not be further from the truth:
    - No client interface. You are told that your clients are Financial Advisors, who actually 'own' the client relationship. They block your ability to pitch ideas directly to clients.
    - You often become a help desk/support for these Advisors. Need to know how to set up a printer? Call MSWM Capital Markets. Often you may have various trade ideas ready and waiting, but get too bogged down in the help desk function of the job to even get a chance.
    -Pay is awful for the work. Despite having to work 12 hours/day and deal with 2.5hr commute. Associate pay is 30% below street average. VP pay is at same level as analysts at other firms.

    Advice to Management

    Increase transparency for job openings on the trading floor.
    Increase communication/ie, stop lying to employees about compensation, layoffs, etc.
    Provide expectations for what sales and traders performance metrics.
    Allow people to transfer to other areas of the firm. Don't trap them there.


  2. Vice President Institutional Securites

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

    I worked at Morgan Stanley full-time (More than 10 years)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    people, working enviorment, benefits, tele-commuting, townhalls, mentoring program

    Cons

    New Senior Management, 360 review process is only for show. Senior Management needs to give supervisors more say in compensation, no work life balance.

    Advice to Management

    practice what you preach


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

See Most Recent

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