Merrill Lynch

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Merrill Lynch Reviews in New Jersey

Updated February 18, 2015
Updated February 18, 2015
127 Reviews
3.6
127 Reviews
Rating Trends

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Approve of CEO
Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
127 Ratings

Review Highlights

Pros
  • Decent work/life balance(based on your work area) Good (not great) benefits (in 50 reviews)

  • Learned a lot about wealth management, especially through the online courses (in 43 reviews)


Cons
  • The work-life balance is definitely a con (in 23 reviews)

  • You are expected to work long hours with no overtime pay or additional compensation (in 37 reviews)

More Highlights

127 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Registered Client Associate in Marlton, NJ
    Current Employee - Registered Client Associate in Marlton, NJ

    I have been working at Merrill Lynch

    Pros

    its a large international firm

    Cons

    Bank of America compliance and presence of the bank

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great people & brand, boring work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Wealth Management Intenr in Newark, NJ
    Former Intern - Wealth Management Intenr in Newark, NJ

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

    Pros

    Great people & brand
    Great prestige

    Cons

    Boring work
    tough to get to top
    Male dominated

    Advice to ManagementAdvice

    Hire more women, even the field

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Good company to work for!

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

    I have been working at Merrill Lynch

    Pros

    Good company, focused on employee growth and development. Salary is consistent with industry averages for similar positions.

    Cons

    Lack of financial planning advice for employees.

    Advice to ManagementAdvice

    None

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  5.  

    Friendly and supportive coworkers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Associate in Paramus, NJ
    Former Employee - Client Associate in Paramus, NJ

    I worked at Merrill Lynch

    Pros

    The company provided profession development opportunities so that the employees can branch out to other fields; ppt presentations on professionalism

    Cons

    It could be due to the nature of my position but I wish I had a more stable, consistent schedule rather than one that differed from week to week

    Recommends
  6.  

    Not bad, not good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Retirement Benefits Contact Center in Pennington, NJ
    Former Employee - Retirement Benefits Contact Center in Pennington, NJ

    I worked at Merrill Lynch

    Pros

    Good benefits, lots of opportunity

    Cons

    Not enough training to be expected to succeed at the job

    Advice to ManagementAdvice

    More preparation

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7. 2 people found this helpful  

    An good Company to work for!

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

    I worked at Merrill Lynch full-time (more than 3 years)

    Pros

    This company is a great place to start a career. There is plenty of opportunity for growth and management will give you all the tools and outlets you need to strive

    Cons

    Compared to other fraud positions with other companies, compensation could have definitely been a lot better. I know companies that are paying their employees almost double of what we make at Merrill, doing the same exact job.

    Advice to ManagementAdvice

    You should look into what other companies are paying their Fraud Analyst, and compensate your employees fairly.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Great Company to be part of

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Support Manager in Hopewell, NJ
    Current Employee - Business Support Manager in Hopewell, NJ

    I have been working at Merrill Lynch full-time (more than 8 years)

    Pros

    Huge organization with endless opportunities

    Cons

    Very political, but it is to be expected with a corporation this size.

    Advice to ManagementAdvice

    Practice what you preach. Everything is about health and wellness but then we get stuck with disgusting cafateries and have the campus gym closed. Really bad...

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Business Analyst

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

    I have been working at Merrill Lynch full-time (more than 10 years)

    Pros

    You learn a lot from all the business partners you work with.

    Cons

    The workforce have been reduced over the years but the workload has tripled. There are no plans to add resources but the teams are drowning with work. Merit increases were frozen 7 years ago and every year we are told there is still a freeze.

    Recommends
    Neutral Outlook
  10.  

    Merrill Lynch has some smart people...some not so smart people in it's Technology Division in Hopewell, NJ.

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

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

    Pros

    Smart/experienced people (for the most part)
    good work/life balance
    good pay (but lower than industry standards)

    Cons

    poor benefits (in terms of employer contributions)
    chance for growth as an IT professional in Financial Services
    boring and mundane work(honestly)

    Advice to ManagementAdvice

    Change is slow here, as it is at most big banks, put an emphasis on moving people up with actual talent/brains instead of people who belong to the "club" as I would put it (and anyone outside of the club will know what I'm talking out).

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Lot to learn in technology at cost of less reward

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

    I worked at Merrill Lynch full-time (more than 8 years)

    Pros

    Technology and Leadership are good here as carried from legacy

    Cons

    Work hours and Compensation are not great in my opinion

    Advice to ManagementAdvice

    We know that Mgm like to care about Clients, Projects, etc, but please don't forget to take care of people as they make it happen for you.

    Recommends
    Neutral Outlook
    Approves of CEO

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