Merrill Lynch

  www.baml.com
  www.baml.com

Merrill Lynch Reviews

Updated December 17, 2014
Updated December 17, 2014
1,237 Reviews
3.7
1,237 Reviews
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
347 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.  

    Great Experience

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Employee - Wealth Management Intern in Chicago, IL
    Former Employee - Wealth Management Intern in Chicago, IL

    I worked at Merrill Lynch

    Pros

    Great work environment and employees

    Cons

    A lot of videos to watch for Interns that seem unnecessary

    Recommends
    Positive Outlook
  2.  

    Wealth Management Intern

    • 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

    Great team to work with, great contacts. Very good professional training.

    Cons

    Mostly cold-calling and no other hands on experience with the investment banking side.

    Advice to ManagementAdvice

    Go over details relating to the status of the market in the morning with the intern to get a better understanding of what is going on.

  3.  

    Analyst at Bank of America Merrill Lynch

    • 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

    Pros

    Good mobility, many opportunities to network
    Overall a friendly culture
    Good work life balance

    Cons

    Lots of bureaucracy
    Slow to change
    Lower comp
    Benefits are so-so

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


  5.  

    Wealth management internship

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wealth Management in Ann Arbor, MI
    Current Employee - Wealth Management in Ann Arbor, MI

    I have been working at Merrill Lynch

    Pros

    Great people, fun to hang out with

    Cons

    A lot of clerical work. Not so interesting.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Merrill Lynch Financial Advisor VP

    • 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

    Best Technology
    Best Research
    Best Platform
    Best Products and solutions
    Best support

    Cons

    Difficult to get in
    First few years very tough, after that all gravy
    Must work hard in the first few years

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    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
  8.  

    The portfolio department at the company is interesting and has room for mobility.

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

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

    Pros

    The company teaches you how to track stocks and help in building portfolios. They expect you to learn quickly so the go getter attitude in you is found.

    Cons

    The company should market it's self more. This can help to acquire more clients and in turn increase profits. The supervisors should also get more involved.

    Advice to ManagementAdvice

    Adapt to the globalised work faster.

    Recommends
    Positive Outlook
  9.  

    A great experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor Trainee in Washington, DC
    Former Employee - Financial Advisor Trainee in Washington, DC

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    They provide a lot of resources to get you licensed as well as support from a mentor, and other PMDs in the program. It is definitely a team environment.

    Cons

    Once you are licensed, you are pretty much on your own. Unless you are able to team up with a senior advisor, or you have a lot of contacts with money it is extremely difficult to build a book. It is not impossible, but extremely difficult.

    Advice to ManagementAdvice

    It would have been great to have more help in attracting clients in addition to the licensing preparation.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Global Wealth Management Internship went well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Steve Davis Group in Westlake Village, CA
    Former Employee - Steve Davis Group in Westlake Village, CA

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

    Pros

    Solid work ethic among motivated and focused employees.

    Cons

    Limited analytical and practical research work.

    Advice to ManagementAdvice

    Provide more responsibility to interns.

    Recommends
    Positive Outlook
    No opinion of CEO
  11.  

    Good company

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

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

    Pros

    Good compamny to work for. Good Benefits, promotions opps.

    Cons

    work like balance could be improved.

    Recommends
    Positive Outlook
    No opinion of CEO

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