Morgan Stanley

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The Wirehouse Conundrum

Financial Advisor (Current Employee) Los Angeles, CA

Pros* It's rewarding to work with and help clients.
* You can literally build your own business within a business.
* There is a lot to learn to enhance your own peronal wealth building.
* You meet some pretty interesting people with dynamic and varied backgrounds.

Cons* Success in this business is very difficult.
* The ability to build a business to a level of high compensation takes a lot of time and perserverance..
* The interests of the firm, the client, the shareholder, and the employee are rarely aligned.

Advice to Senior Management* Pay the new hires well, and for a longer period of time. Give people a chance to buld a business.
* Senior Management should not have executive roles until they have actually been a wealth advisor
  and have built a book of business.
* Conduct and maintain a formal level of training for new hires, in all positions.

No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Don't Bother With MS

    Executive Director (Former Employee) New York, NY

    I worked at Morgan Stanley full-time for less than a year


    Pros: Large big name bank with International exposure. Good place for… Cons: This company is all about the bottom line regardless of… Advice to Senior Management: A great company needs great people, cost cutting has it's limits when you… No, I would not recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    PWM intern HK

    Anonymous Employee (Former Employee)

    I worked at Morgan Stanley as an intern


    Pros: good brand name, an opportunity to meeet other people Cons: the intern is very structured, basically a summer of networking No, I would not recommend this company to a friend More
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