Merrill Lynch Reviews

Updated September 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
356 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

1,293 Employee Reviews

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  1. BAML

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Merrill Lynch has a great environment catered towards clients, and employs competent experienced people. It also takes care of its employees b

    Cons

    The takeover by Bank of America has definitely changed the culture a bit, but in some ways this has been good.


  2. Good Company to work for if you put in the time

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Wealth Associate in San Francisco, CA
    Former Employee - Private Wealth Associate in San Francisco, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time (More than 5 years)

    Pros

    They work in small teams so if you get a great team you'll love the job. They want you to succeed and will do what's necessary to get you there. A lot of team building outside of company hours.

    Cons

    Not much room for growth. Even admins have to pass the series 7. Very competitive environment. Lower level employees have to stick around even after the stock market has closed.

    Advice to Management

    There should be better options to move up within the company,most employees had to leave the company and work elsewhere in order to get a position they were qualified for at Merill Lynch.


  3. Fast paced environment with tons of growth

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Team Lead in Jacksonville, FL
    Current Employee - Operations Team Lead in Jacksonville, FL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Merrill Lynch full-time (More than 3 years)

    Pros

    Consistently expanding. New departments or changed in management allow lots of opportunity for growth and promotions. Environment rewards hard work and initiative.

    Cons

    Constant changes in management, as well as, changes to policy and procedure. Can be hard to focus on an initiative when there is a management shift and the focus is changed.

    Advice to Management

    Try to maintain more consistency between different sites and shifts in management.


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


  5. Great

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great culture , great reputation, friendly people

    Cons

    no cons about my experience

    Advice to Management

    None


  6. Great place to work

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

    Pros

    Good salary, great benefits and fabulous coworkers.

    Cons

    Leaving work at 5 pm is frowned upon.


  7. Helpful (1)

    Quality Assurance Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    access to many resources to learn how to better do your job

    Cons

    no support for evolution in career and knowledge development

    Advice to Management

    don't leave your staff to their own devices, they need guidance like anyone else


  8. Equity Analyst

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

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

    Pros

    Excellent starting compensation. Office ammenities and after hours perks.

    Cons

    Strenuous and laborious work. Long/stressful hours. Lack of company culture. Cut throat environment with peer reviews.


  9. Competitive Salaries

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great competitive salaries and generous bonuses

    Cons

    Associated with Bank of America -

    Advice to Management

    n/a


  10. Intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great name and team, good location

    Cons

    long hours, little job mobility


  11. Great experience as a Financial Analyst on an advisory team

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time

    Pros

    I had some of the best exposure to portfolio managers (of all asset classes) around, many times having the opportunity to meet with them one-on-one.

    Cons

    Job environment can be stressful at times, almost always working under tight deadlines. It's important to remember that on an advisory team, there can be limited advancement potential.

    Advice to Management

    I had an excellent work/life balance that was encouraged by my direct superior and by the regional manager, who was in our office. This made me a better employee and increased my productivity.



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