Morgan Stanley Smith Barney

www.morganstanleysmithbarney.com
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There are newer employer reviews for Morgan Stanley Smith Barney

2 people found this helpful  

Associate review

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Associate in Purchase, NY
Current Employee - Associate in Purchase, NY

I have been working at Morgan Stanley Smith Barney

Pros

MSSB is not a very demanding place to work and offers good pay, hours, and relaxed environment relative to industry peers.

Cons

MSSB does not offer good opportunities for motivated people to have a challenging experience. There is very little management feedback on performance or job satisfaction.

Advice to ManagementAdvice

Stay in touch with your employees. Communicate your strategies and goals for the firm, their individual businesses, and their careers clearly. Offer them attainable benchmarks and reward them when they meet them.

Recommends

505 Other Employee Reviews for Morgan Stanley Smith Barney (View Most Recent)

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  1. 2 people found this helpful  

    Could be better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor in Dallas, TX
    Current Employee - Financial Advisor in Dallas, TX

    I have been working at Morgan Stanley Smith Barney

    Pros

    Flexible environment in terms of work hours
    Potential to make more money based on your sales efforts
    Great communication from management
    Great internal resources, business building ideas and training

    Cons

    Typical big wirehouse environment
    Too much overhead leads to lower payout for smaller producers
    The use of penalties and minimums to force conformation to corporate rules for account sizes/production levels (see con #2)

    Advice to ManagementAdvice

    Get rid of the corporate bureaucracy and all of the rules to let Advisors create the kind of business they want to. Get rid of some of the NY overhead to help with this issue.

    Doesn't Recommend
  2.  

    Financial Advispry position

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

    I worked at Morgan Stanley Smith Barney

    Pros

    Terrific products and services. Oferrs comprehensive training to employees. Provides tools needed to succeed.

    Cons

    Must assume cost for business promotion activities.

    Advice to ManagementAdvice

    Provide support to entry level advisors to foster business development by funding materials needed to succeed.

    Recommends
There are newer employer reviews for Morgan Stanley Smith Barney

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