Merrill Edge Reviews

Updated August 26, 2014
Updated August 26, 2014
50 Reviews

3.1
50 Reviews
Rating Trends

Recommend to a friend
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David Darnell
21 Ratings

Employee Reviews

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  1.  

    Liked working there

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Edge full-time for less than a year

    Pros

    Helping people with their investment goals, benefits, time off policies, possibilities for advancement

    Cons

    shift work was not what i was looking for, but still made it work.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Huge Growth Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Center Team Manager  in  Jacksonville, FL
    Current Employee - Investment Center Team Manager in Jacksonville, FL

    I have been working at Merrill Edge full-time for more than 3 years

    Pros

    Great benefits, great people, mostly young and energetic with a few more wise and experienced to balance it out. Quarterly bonuses a big plus. Clearly defined metrics.

    Cons

    Constant change. Although there are many outlets, finding time to use them for better work-life balance is difficult.

    Advice to ManagementAdvice

    Office culture is too static. Reps need to feel empowered to do what the client is asking for; most responses are canned and non specific.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Ever changing Investing vs. Banking

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

    I have been working at Merrill Edge

    Pros

    Good Benefits, Decent Salary, Decent hours,

    Cons

    Too many things on your plate -- your goals are investment driven, however you are supposed to be a personal banker and product pop banking products to hit a number of sales interactions per customer seen.

    Advice to ManagementAdvice

    If relationship sales are truly what is important to drive business -- stop coaching Financial Advisors to product pop bank products if not appropriate for the customer

    Doesn't Recommend
    Negative Outlook
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  5.  

    Merrill Edge

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

    I have been working at Merrill Edge full-time

    Pros

    Good discount brokerage offered for customers

    Cons

    A lot of focus on personal banker tasks

    Approves of CEO
  6.  

    Great place to cut your teeth in the business

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Edge

    Pros

    Great training and the finacial sales experience is invaluable

    Cons

    Low salary, most of income will be incentive compensation

  7.  

    Growing pains, but has the right idea

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Specialist  in  Chandler, AZ
    Current Employee - Investment Specialist in Chandler, AZ

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

    Pros

    A lot of growth. Relatively small player in the space, but growing. Exciting to see all the progress being made, with total assets, expanding departments, essentially all things you'd expect to see with that's still in the early stages of the expansion curve

    Cons

    -Still a lot of improvements to be made with systems. Some old technology platforms, and platforms built for advisory accounts, not really a retail/brokerage/trading business.
    -Lacking some of the internal/back end support you'd expect or need to compete with competitors, needs to be addressed in expansion and development plans

    Advice to ManagementAdvice

    Overall, I think management has the right idea. But really there needs to be a better integration between the Merrill Lynch advisory and Merrill Edge business units. Keep investing in good people, not necessarily just the least expensive labor force. Would be a good idea to recruit some mid-level people, not focusing quite as much on the entry level.

    Recommends
    Positive Outlook
  8.  

    Financial Solutions Advisor

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Edge

    Pros

    I met a lot of great people while working here. Customer and coworkers.

    Cons

    Too much work for the pay. At least 2-4 hours additional each night. Compliance is extremely burdensome. No appreciation for hard work it takes to work in these branches and constantly defend the choices of mananagement at all levels. Basic maintenance not done. Rest rooms filthy. Air quality in most buldings is poor.

  9.  

    Exceptional place for a performance driven career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Solutions Advisor  in  Pennington, NJ
    Current Employee - Financial Solutions Advisor in Pennington, NJ

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

    Pros

    I will never find a better group of co-workers. "Unlimited" salary, as long as you can grind it out

    Cons

    Personal growth is limited to only within Edge- they say that you can move around the organization (advisors to analysts and vice versa), but it is very unlikely.

    Advice to ManagementAdvice

    Understand how employees want to grow and actually put the extra effort for the employee to excel instead of driving them away with warnings.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Good experience at Edge

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Customer Service Representative  in  Hopewell, NJ
    Former Employee - Senior Customer Service Representative in Hopewell, NJ

    I worked at Merrill Edge part-time for less than a year

    Pros

    Good people, decent wage.

    Cons

    Customer service is a lacking department.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    It could be better...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Analyst  in  Pennington, NJ
    Current Employee - Operations Analyst in Pennington, NJ

    I have been working at Merrill Edge full-time for more than 5 years

    Pros

    Meet great people, laid back office culture, lots of amenities on work campus (cafeterias, gyms, outdoor activites etc.), great work/life balance

    Cons

    not much room for advancement unless you are "in" with the right crowd, low pay

    Advice to ManagementAdvice

    my management is great!

    Recommends
    Positive Outlook
    No opinion of CEO

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