MFS Reviews

Updated September 27, 2014
Updated September 27, 2014
85 Reviews
3.8
85 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
MFS President, CEO, and Chief Investment Officer Rob Manning
Rob Manning
42 Ratings

Review Highlights

Pros
  • Hard working culture but they put a great emphasis on work/life balance and mean it (in 14 reviews)

  • Good benefits - lots of opportunity to advance - training program is solid (in 9 reviews)


Cons
  • Low pay and not enough opportunities for interns (in 4 reviews)

  • No career growth opportunities in technology (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Overall, I had a really positive experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Production Intern  in  Boston, MA
    Former Employee - Production Intern in Boston, MA

    I worked at MFS as an intern for less than a year

    Pros

    I was a part of the summer internship program. It was great because upper management strived to make it as much as a learning experience as possible. We had weekly lunches with some of the key members of the company who gave us inspirational talks. The whole community was very welcoming.

    Cons

    I worked at MFS right before the company moved from Boylston to Huntington Street. I found it strange that they were "growing" as a company but were moving to a smaller office in which people's hours had to be cut.

    Advice to ManagementAdvice

    My experience with upper management was great, but I don't think the CEO is taking the company in the right direction.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  2.  

    Good company!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MFS

    Pros

    People were very friendly here, and much more laidback than similar firms.

    Cons

    The pay could be better.

  3.  

    So far so good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at MFS full-time for less than a year

    Pros

    Team environment and nice people. People are willing to help you through the learning curve.

    Cons

    The learning curve is daunting. There are a lot of products and systems to get familiar with.

    Recommends
    Positive Outlook
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  5.  

    Distribution in need of a revamp

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Distribution  in  Boston, MA
    Current Employee - Distribution in Boston, MA

    I have been working at MFS full-time for more than a year

    Pros

    Friendly culture, with a good work-life balance, great offices in Back Bay, has grown on the back of good performance and has the concomitant revenues to fund new initiatives, there are opportunities in select areas in the wake of this growth, global orientation.

    Cons

    Insufficient momentum; conservative; Distribution organization has a long way to go to be "world class"; senior people rooted in the past; nepotism and "jobs for the boys"

    Advice to ManagementAdvice

    Realize the world is moving much quicker these days than in the past - and the firm needs leaders with the skills and orientation to lead in this fast and uncertain environment.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    MFS

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at MFS

    Pros

    Great people and office culture

    Cons

    little professional development and training

  7.  

    Customer Service Representative

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Service Representative  in  Quincy, MA
    Current Employee - Client Service Representative in Quincy, MA

    I have been working at MFS full-time for more than a year

    Pros

    Good benefits - lots of opportunity to advance - training program is solid. If you are able to stick it out for the two years, it is worth it.

    Cons

    Time off is tough, the compensation is a bit low, and the job gets fairly monotonous. However, it is all worth it to move up in the company.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    co-op

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at MFS

    Pros

    place people location pay all good

    Cons

    boring and repetitive made it not good

  9.  

    Service job is oppressive

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service Representative  in  Phoenix, AZ
    Former Employee - Client Service Representative in Phoenix, AZ

    I worked at MFS full-time for more than a year

    Pros

    Manager was empathetic. Team members were enjoyable. Focused on educating advisors and clients.

    Cons

    Performance based on mistakes not accomplishments. Negative reinforcement. Overall low morale. My understanding is that non service departments enjoy employer.

    Advice to ManagementAdvice

    Focus on rewarding accomplishments.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Overall, MFS is a Very Good Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Boston, MA
    Former Employee - Vice President in Boston, MA

    I worked at MFS full-time for more than 10 years

    Pros

    Overall good place to work. The firm has a lot of smart people on the investment side which makes for a stimulating work environment. Definitely a more competitive work environment than the past. Work/Life balance is good with good schedule flexibility. Management has a good vision of where they are going in the future.

    Cons

    No big negative comments. The culture can get political at times in a negative way.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    GOOD COMPANY

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst  in  Boston, MA
    Current Employee - Financial Analyst in Boston, MA

    I have been working at MFS full-time for more than 10 years

    Pros

    amazing culture, nice people, open door policy.

    Cons

    slow growth, people stick around for life, hence people who want to grow leave.

    Advice to ManagementAdvice

    create motivation by faster growth of employees

    Recommends
    Positive Outlook
    Approves of CEO

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