Morgan Stanley

www.morganstanley.com
Employer Engaged
There are newer employer reviews for Morgan Stanley

2 people found this helpful  

Lack of Opportunities in MS Wealth Management Capital Markets

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
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)

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 ManagementAdvice

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.

Doesn't Recommend
Negative Outlook
Approves of CEO

1986 Other Employee Reviews for Morgan Stanley (View Most Recent)

Sort: Rating Date
  1.  

    Vice President Institutional Securites

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    practice what you preach

    Recommends
    Negative Outlook
    Approves of CEO
  2.  

    Nice place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 8 years)

    Pros

    Excellent technical environment to work in. IT know their stuff and are on the cuting edge

    Cons

    Too much focus on cost reduction and not on the longer term picture

    Recommends
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Morgan Stanley

Work at Morgan Stanley? Share Your Experiences

Morgan Stanley

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.