Merrill Lynch Reviews

Updated April 16, 2015
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54 Employee Reviews

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  1. Corporate Stale Environment that has great working employees.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Jacksonville, FL
    Former Intern - Intern in Jacksonville, FL

    I worked at Merrill Lynch as an intern (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -My manager was AMAZING! Always listened, never was a stickler about being late for anyone, and this person let me take a few days off.
    -Pay was great for an Intern!
    -Co-workers ALWAYS willing to help you.

    Cons

    -No one is DRIVEN!
    -The stale, do your job, clock in clock out mentality can be seen and felt in this environment. No one had great ambition to do more with their lives as far as career wise.

    Advice to Management

    For ALL Upper Management, PLEASE have a physical presence with all your employees by visiting the many departments and branches at least once a year. You all are just emails on a screen.

  2. It's a good stepping stone

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Gwim Operations Analyst H-7 in Jacksonville, FL
    Current Employee - Gwim Operations Analyst H-7 in Jacksonville, FL

    I have been working at Merrill Lynch full-time (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great people
    Great benefits
    Involved with the community
    Promote licensure
    Looks good on you're resume for your next Job

    Cons

    Boring office environment
    Low pay
    Not much from for advancement.

    Advice to Management

    Make the office more fun and not so boring. Spend more time having one on one's with your employees. Promote more team outings for building team morale. And when the weekly parking pass is handed out. Tell everyone why that person earned the parking pass because no one really knows how to earn it. Most people who get it have no idea why.

  3. Good place to work, good benefit and insurance package

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Phone Representative in Jacksonville, FL
    Current Employee - Phone Representative in Jacksonville, FL

    I have been working at Merrill Lynch full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Over time is readily available, easy to work there, not a lot of micro management

    Cons

    Stodgy management and old base infrastructure which needs updating. Fixing internal systems and updating Mobile apps that don't crash unexpectedly.

    Advice to Management

    Intelligent Business acquisition needs to be ramped up in other bank /brokerage demographics. buy competitors and add value

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  5. At least it's a job.

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

    I have been working at Merrill Lynch full-time (More than a year)

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

    Pros

    15 vacation days, can purchase another 5 and 10 sick days. Opportunity to learn the back office operations. Lots of extended education opportunities.

    Cons

    Department has to work until midnight on the end of each month and late on almost every night in December. Has 4 direct managers for 7 associates, and very difficult for advancement without playing the corporate game.

    Advice to Management

    You might want to reevaluate the industry standards because there is a lot of movement to competitors. Streamline the business, promote corporate efficiency, cut the dead-weights and retain the top talent.

  6. Not the same since Bank of America

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

    I have been working at Merrill Lynch full-time (More than 5 years)

    Pros

    Was an amazing place to work for. Very professional, great benefits, and talented people until the merger with Bank of America. Since the merger, they have been slowly taking away our benefits and bonuses. The atmosphere has become very laxed but micromanaged at the same time. Less of a professional atmosphere. Most of the talented people have left and have been replaced with less talented people with less ambition.

    Cons

    The VPs and AVPs like to derail important meetings to talk about reality TV shows, Babies, and food.

    Talented people are passed over for promotions in favor of friends and family members.

  7. Helpful (2)

    Overworked and Underpaid

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Solutions Advisor in Jacksonville, FL
    Current Employee - Financial Solutions Advisor in Jacksonville, FL

    I have been working at Merrill Lynch

    No opinion of CEO
    No opinion of CEO

    Pros

    The company benefits are excellent.

    Cons

    You are expected to work many hours after your shift and practically live there. This is not a good place for anyone who wants a life outside of work.

  8. Employment with Merrill Lynch was not what I thought it would be.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Jacksonville, FL
    Former Employee - Anonymous Employee in Jacksonville, FL

    I worked at Merrill Lynch

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    If you are lucky enough to get on a decent team with a decent manager you will be just fine.

    Cons

    With the recent changes bought over by Bank of America, a few of the managers were promoted internally. As a result, they have little to know knowledge of Bank of America procedures which could become a problem.

    Advice to Management

    Make sure that you know all policies and procedures BEFORE making a decision as opposed to during or after when it may or may not be too late.

  9. A job, nothing more.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Applications Developer in Jacksonville, FL
    Current Employee - Applications Developer in Jacksonville, FL

    I have been working at Merrill Lynch

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Nice campus. Reasonably clean bathrooms. Cramped office space in use, lots of unused space.

    Cons

    Antiquated equipment and software. Incessant bureaucracy and fence building (turf defense) causes normally easily solved problems to be practically unsolvable.

    Advice to Management

    Come out of your office at other than times of crisis.

  10. Helpful (1)

    Not bad for a first time...

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Solutions Advisor in Jacksonville, FL
    Current Employee - Financial Solutions Advisor in Jacksonville, FL

    I have been working at Merrill Lynch

    Approves of CEO
    Approves of CEO

    Pros

    -Room for advancement, great education

    Cons

    -lot's of pressure and stress. Changes very rapidly

    Advice to Management

    Focus more on ethics instead of revenue

  11. Helpful (1)

    Unless you are a FA, don't bother!

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Jacksonville, FL
    Former Employee - Anonymous Employee in Jacksonville, FL

    I worked at Merrill Lynch

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good company to get your foot in the door, bad for long term growth.

    Cons

    Way too much middle management!!
    3 of 3 positions at ML, I was more knowledgeable about my functions then my manager.

    Advice to Management

    Value hard workers

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