Morgan Stanley

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

1 person found this helpful  

Awful. Firm would not permit me to use my advanced financial skills trading billions per week in FX, or options/futures.

Former Employee - Financial Advisor
Former Employee - Financial Advisor

I worked at Morgan Stanley full-time (more than an year)

Pros

Salary while training for basic Series 7, 66 etc.

Cons

My advanced skills were effectively thrown in the garbage, even after transferring my CTA registration to the firm. The local office of the firm wanted me to sell mutual funds, not permitted to talk to corporate treasurers like I used to do, or do any sophisticated financial transactions in FX, futures or options, EVEN FOR MY OWN ACCOUNT. DO NOT WORK in retail brokerage if you are a former bank trader of billions per week. Local office of firm also refused to transfer me to a more appropriate venue in New York which could use this skill set.

Advice to ManagementAdvice

Get a clue.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1820 Other Employee Reviews for Morgan Stanley (View Most Recent)

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  1.  

    Great Company for Growth and Opportunity

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

    I worked at Morgan Stanley full-time (more than an year)

    Pros

    you are around very smart and talented people who want to help you succeed

    Cons

    Very grueling process with getting licensed while working at same time. Only get 1 chance to pass series 7 exam, 2 chances for the series 66.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Financial advisors are on their own....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Morgan Stanley full-time (more than 5 years)

    Pros

    Brand recognition adds credibility in a very competitive industry. The firm's reputation in the marketplace is a positive. The breadth of investment options is appealing to investors.

    Cons

    No real strategy to assist in making financial advisors successful.

    Advice to ManagementAdvice

    Formulate a plan to grow the wealth management organically, from the grassroots. The current population of financial advisors is demographically challenged. New advisors need more support, mentoring and training. I feel fortunate to have made it on my own....

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Morgan Stanley

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