Merrill Lynch

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Merrill Lynch Reviews

Updated March 5, 2015
Updated March 5, 2015
1,295 Reviews
3.7
1,295 Reviews
Rating Trends

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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
368 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    Fantastic investment banking experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY

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

    Pros

    Entrepreneurial environment, staffed on interesting and high-profile transactions, Great Pay

    Cons

    Long hours and poor work/life balance

    Advice to ManagementAdvice

    Continue to work on improving the junior banking experience.

    Recommends
    Positive Outlook
  2.  

    Helpful for learning the operational side of the industry

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

    I worked at Merrill Lynch full-time (more than a year)

    Pros

    Endless knowledge at your fingertips, can easily get promoted, vacation time, medical benefits

    Cons

    Call center atmosphere, office culture, long hours

    Advice to ManagementAdvice

    Promote those who are showing loyalty and not just because they sat in the position long enough to move up.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Great opportunity to gain experience in Investment Management

    • 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 Lynch

    Pros

    Work with and learn from the best in the industry

    Cons

    There is no cons. Very satisfied with company

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Positive Work Enviroment

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

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

    Pros

    The Culture has changed from the old Merrill but it's been getting better. Management is encouraging employees to move with in the organization which is making it some what easier to progress. Work Life Balance is good. Getting time off is very easy. Bank Of America has really taken some of Merrill's Ideas in regards to continuing education.

    Cons

    As with most financial institutions the pay is lacking. Most raises are 2-4% no bonuses for the back office .You have to really fight and sell yourself for any pay increases. If you want to make money you need to get your 7 and sell sell sell.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Great experience working there.

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

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

    Pros

    Great company. Great benefits and work life balance.

    Cons

    Training could be better and the job can be a bit repetitive depending on the area you work.

    Advice to ManagementAdvice

    Listen to your employees.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Good Place to Work and Gain Experience

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    It is a great place to gain experience and grow within the company. There are a lot of different departments and lines of business to chose from so if you work hard enough you can get there.

    Cons

    Starting salary is not great. I have been with the company for just short of 6 years and I make 45K a year as of my last review less than a mont ago.

  8.  

    PMD

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    they have very good training programs

    Cons

    they have very long working hours

  9.  

    great job

    • 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 Lynch full-time (more than 8 years)

    Pros

    money you can make a lot of it

    Cons

    time, you do work alot

  10.  

    Summer Intern

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

    I have been working at Merrill Lynch as an intern (less than a year)

    Pros

    Very good working environment, people are friendly.

    Cons

    Do not have too much training.

  11.  

    Great Support and team around you

    Former Intern - Intern - Hourly in Minneapolis, MN
    Former Intern - Intern - Hourly in Minneapolis, MN

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

    Pros

    Great learning environment for entry level positions

    Cons

    Can be tough to get going, work seems slow at times.

    Advice to ManagementAdvice

    none

    Recommends
    Neutral Outlook

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