There are newer employer reviews for Morgan Stanley

 

Great company to work for

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Business Analyst  in  New York, NY
Former Employee - Business Analyst in New York, NY

I worked at Morgan Stanley

Pros

Great reputation and prestige around the industry. Incredible knowledge of colleagues and managers. The potential to grow and advance here is much greater than you might find in other firms. If you are a hard worker and willing to put the time in, you can move up the ranks. Positive environment, and also huge stress on work-life balance, which is great. Vacation time is great compared to some competitors.

Cons

Potentially long hours. Many people in application pool (particularly in New York), which makes it that much harder in landing new positions, promotions, etc. Make sure to do things to make yourself stand out if your interested in climbing the corporate ladder.

Advice to ManagementAdvice

Recognize top performers more often and more publicly (even if they are first or second year analysts. Positive reinforcement encourages continual top performance.

Recommends
Approves of CEO

1651 Other Employee Reviews for Morgan Stanley (View Most Recent)

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  1.  

    Good company, but future in doubt

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President
    Current Employee - Vice President

    I have been working at Morgan Stanley

    Pros

    Job satisfaction, good legacy, decent technology, at least not merged with Wachovia...thank goodness! I think John Mack is a good leader, good communicator, and very blunt (which is kind of nice).

    Cons

    Lack of control of what happens with the company and it being in the news. Right now their future as a Morgan Stanley brand is in question due to all the mergers. Tough to work in this industry when you don't know what is going on (although Mack has tried to keep us informed).

    Advice to ManagementAdvice

    Provide more support to financial advisors (assistants, etc...). Give retention packages and/or performance incentive compensation.

    Recommends
    Approves of CEO
  2. 2 people found this helpful  

    Don't start your career here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Advisor  in  Overland Park, KS
    Former Employee - Financial Advisor in Overland Park, KS

    I worked at Morgan Stanley

    Pros

    The best reason to work for Morgan Stanley is the name recognition. They give you a base salary while you study for all the required licensing and pay for your testing. The benefits are fantastic. There are many choices for medical. The dental coverage is very good. The 401(k) has some great selections. All of them start day one of employment. The other financial advisors are honest with you when asking questions. The CSA's are very helpful as well. They definitely know what they are doing. If you have a book of business coming in it may be a good place to work

    Cons

    The interview promised a team atmosphere, hands on coaching, mentoring, and support in marketing. Their technology is some of the worst in the business. There is absolutely no support for someone starting out. There is no communication from the Sales Manager and the Complex Manager which you are told how they are very involved in making you succesful. If you can track down a manager they might acknowledge you as they are walking away. Good luck getting approval to send out marketing letters. They may let you send them from the office but it will be out of your pocket. They tell you that you are evaluated quarterly but will let you go if your goal is not met within a month and a half.

    Advice to ManagementAdvice

    Get more involved. Show genuine interest in your employees.

    Doesn't Recommend
    Approves of CEO
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