Morgan Stanley Smith Barney

www.morganstanleysmithbarney.com
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Worked in their Client Advisory Center

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Registered Client Service Associate in Tampa, FL
Former Employee - Registered Client Service Associate in Tampa, FL

I worked at Morgan Stanley Smith Barney full-time (more than a year)

Doesn't Recommend
Neutral Outlook
Doesn't Recommend
Neutral Outlook

Pros

I worked with some good people direct managers were helpful

Cons

no advancement, upper management not concerned about employees

Advice to Management

figure out away to pay/reward and advance talent

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  1. Helpful (1)

    Senior management is great at patting themselves on the back.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Purchase, NY
    Current Employee - Assistant Vice President in Purchase, NY

    I have been working at Morgan Stanley Smith Barney full-time (more than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Free coffee. Motivational posters in the elevators speaking about how great the company is doing.

    Cons

    No raises or bonuses in the three years I have been there, despite having the highest possible performance reviews.

    The CEO is an arrogant man full of himself. The level of disregard he shows to the employees is astounding but is rewarded by the board.

    Any kind of promotion within the firm is by title only. HR refuses to bump up salaries equal to the new title.

    Only way to get head from a salary stand point is to leave for another role.

    Advice to Management

    Pay your employees fairly. Cost of living has gone up, but pay has been stagnant for years. If you are raking in millions in bonuses, there needs to be some level of fair incremental raise for the rank and file employees as well.

  2. Helpful (1)

    The absolute worst, Purchase runs like a warehouse, no leadership, lots of know- it-alls

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President in Purchase, NY
    Current Employee - Assistant Vice President in Purchase, NY

    I have been working at Morgan Stanley Smith Barney full-time (more than 3 years)

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

    Pros

    Location and that's about it.

    Cons

    No transparency, HR isn't knowledgeable or strategic thinkers so you're off on bad footing from day 1. Sr mgmt. often micromanages, never any recognition or rewards. Negotiate salary upfront because that's all you're getting. The Purchase building is rundown. Needs a facelift along with archaic technology and programs. Hard to believe this is a financial institution. Operates more like a warehouse. Revolving door of know-it-alls.

    Advice to Management

    Leave and get a new job elsewhere. I hear McDonald's is hiring.

There are newer employer reviews for Morgan Stanley Smith Barney

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