Merrill Lynch Reviews

Updated July 4, 2015
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3.6
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
332 Ratings

Pros
  • Good work life balance & no access to email or systems outside the office (in 50 reviews)

  • Learned a lot more about what being a FA really entails (in 43 reviews)

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

  • Long hours or very early hours can be exhausting specially when you are interning during school semester/quarter (in 37 reviews)

More Pros and Cons

1,220 Employee Reviews

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  1. Registered Client Associate

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

    I have been working at Merrill Lynch full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Awesome benefits. Good and inexpensive health insurance. 12 weeks paid maternity leave. Around 3 weeks paid vacation/sick days to start.

    Cons

    If you get in with a good adviser, life is golden. If you don't it can be hit or miss.

    Advice to Management

    I always had great luck with the management and think they have an excellent system


  2. investment banking analyst

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

    I worked at Merrill Lynch

    Pros

    big firm = lots of interesting people from different backgrounds

    Cons

    spend lots of time scheduling meetings/calls, as lots of people from different areas work together on projects


  3. Investment Associate

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

    I worked at Merrill Lynch full-time

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

    Pros

    Company benefits are great. The branch atmosphere was great. We felt like a family. The new mentor/advisor trainee is an improvement to previous FA program.

    Cons

    The company is great for seasoned advisors. For newbies, the performance hurdles are unreasonables and success rate is near zero.

    Advice to Management

    No advice.


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  5. Strong company to work for

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Salary in the wealth management division is great. Losts on entry level positions and you can't beat the benefits

    Cons

    Same as most other places, but if you know how to navigate around the office you will be just fine.


  6. Merrill Lynch, a very nice company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senor Broadcast Engineer in Los Angeles, CA
    Former Employee - Senor Broadcast Engineer in Los Angeles, CA

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

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

    Pros

    Had good employee education on the major business of the company, and excellent benefits. I enjoyed working with my talented group of co-workers, and had a very understanding and professional supervisor.

    Cons

    The company was a very orthodox fortune 1000 company and very traditional, with some what restrictive and standardize management procedure and technique.

    Advice to Management

    I enjoyed working with the company, but I had wish get a more formal orientation and education on the major business of the company and a better orientation as to promotion and career opportunity with the company.


  7. GWIM Sr Operations Rep

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

    I have been working at Merrill Lynch full-time

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

    Pros

    Great work.atmosphere, weekly office events like yoga and social gatherings, educational enhancement opportunities and room for growth. This company really invests in its people.

    Cons

    The first several months of the role the work shift is 10:00-6:30 but after that most teams allow for a switch to 8:30-5:00. There is no free parking. Like most jobs downtown you have to pay monthly parking.

    Advice to Management

    Continue to work towards the inclusion goals and offer the extra activities for employees. Also continue on working on communication between the sites.


  8. Great Company

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

    Unlimited growth potential, good benefits, career progression is a very high priority with this company, exposure to high level executives from time to time is available & they are constantly striving to make this the best company to work for, volunteering is strongly encouraged, there are a lot of extra activities constantly going on-- I could go on and on. This is a great company to work for.

    Cons

    Some management likes to try and micromanage you, but you will see that at any company.


  9. Decent company

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

    I have been working at Merrill Lynch

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good work and life balance

    Cons

    Lack of mobility within the company

    Advice to Management

    Listen to people doing the actual work


  10. Financial Advisor Intern

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

    I worked at Merrill Lynch

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Learned a lot about what it means to be a financial advisor
    Had direct access to financial advisors
    Learned a lot about the markets from all of the BofA resources

    Cons

    Some busy work, not always busy
    Not very fast paced


  11. Generally Good

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

    I worked at Merrill Lynch full-time

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Pros here include very good pay, typically interesting (though sometimes tedious) work, and great experience. Typical of investment banking jobs.

    Cons

    Like all investment banking jobs, very long hours and high stress levels are typical. Very hierarchical structures, though it claims to be relatively flat.

    Advice to Management

    Don't know that I was really in a position to give advice to management. I'd say that the hours aren't sustainable but it's supported the business model for years.



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