Merrill Lynch Reviews

Updated April 17, 2015
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3.7
1,344 Reviews
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
389 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Financial Advisor

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

    I worked at Merrill Lynch

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

    Pros

    Great company, fun people, good times

    Cons

    not any that I can think of

  2. Rec. Analyst

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

    I worked at Merrill Lynch

    Pros

    benefits and pay was great. They also have yearly bonuses

    Cons

    Management positions are not for everyone

  3. Financial Adviser

    • 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

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

    Pros

    Pay you to get your licenses, all the training you will need to be successful, multi year training program with production bonuses. Plan on joining a team as soon as possible

    Cons

    If you are not a family member of an existing advisor or have not identified at least $8 million to bring with you when you start their program, the cards are stacked against you.

    Advice to Management

    Continue to push new people to join teams, giving them better chance at success

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  5. Financial Advisor

    • 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

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

    Pros

    The company is very entrepreneurial. It allows each individual to succeed based on their level of ingenuity. It provides a great deal of flexibility in a professional atmosphere.

    Cons

    The playing field is tilted in favor of those that have proven their ability. That is fine when the economy is strong but in tougher times it make things more difficult. Manager shouldn't be allowed to compete against their own people.

  6. Interned in Private Wealth Management.

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

    I worked at Merrill Lynch as an intern

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Friendly working environment
    Bosses are flexible on hours

    Cons

    Tedious, repetitive tasks
    Not much exposure to learning about financial markets

  7. Pleasant Working Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - .NET Developer in Jersey City, NJ
    Former Employee - .NET Developer in Jersey City, NJ

    I worked at Merrill Lynch full-time (more than 10 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good facilities, nice people, friendly and diverse, close to the PATH train and Light Rail

    Cons

    Disorderly distribution of technical personnel, no focus on career development, lack of sense of "moving the business forward". Neighborhood is boring.

    Advice to Management

    Make people work harder.

  8. part time analyst

    • 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 part-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    great corp culture very helpful

    Cons

    unorganized a lot of the time

  9. Horrible PMD program

    Current Employee - PMD
    Current Employee - PMD

    I have been working at Merrill Lynch

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

    Pros

    Benefits are pretty decent for employees

    Cons

    Stay away!! Set up for failure

  10. Account Executive

    Former Employee - Account Executive in Los Angeles, CA
    Former Employee - Account Executive in Los Angeles, CA

    I worked at Merrill Lynch

    Pros

    Great benefits and great coworkers and culture. Really enjoyed working there.

    Cons

    Large company can get lost in the shuffle easy

  11. Great place to begin

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Comp
    Learning opportunities
    People
    Resources
    Deal volume
    Learning opportunities
    Exit opps

    Cons

    Hours
    Best get rewarded with more hours

    Advice to Management

    Keep up the work life initiatives

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