Merrill Lynch Reviews

Updated July 27, 2015
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3.6
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Recommend to a friend
Approve of CEO
Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
344 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

1,246 Employee Reviews

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  1. Senior Financial Analyst

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    Happy with my current position and firm

    Cons

    Local management can be frustrating at times.


  2. Wealth management intern

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

    I have been working at Merrill Lynch

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good pay for internship, great team

    Cons

    Mandatory classes that are often repetitive

    Advice to Management

    Keep up the great work


  3. financial advisor

    • 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 (More than 5 years)

    Pros

    Good benefits and good training programs available

    Cons

    Job advancement other than financial advisor


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


  5. Awesome company if you have the ability to keep up

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

    I have been working at Merrill Lynch part-time (Less than a year)

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

    Pros

    Good benefits, great energy, and you can make your own way if you are not afraid to work hard and put in the hours

    Cons

    There aren't many cons in my experience. The job is what you make of it. It requires a lot of hours


  6. Good Experience

    • 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
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Intelligent people, challenging work, new experiences

    Cons

    Limited learned on industry during internship


  7. Client Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Merrill Lynch part-time (Less than a year)

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

    Pros

    Professional, well-run office. Lots of great training and support. Company has clear values and provides employees with a strong sense of purpose. Traditional, yet able to keep with the times.

    Cons

    Computer system dated, tedious HR tasks (typical of a big corporation like Bank of America)- neither of which are terrible.

    Advice to Management

    Provide employees with healthy, complimentary drinks and snacks (that clients would enjoy too). Especially in an area like the Bay Area, only having a coffee maker with below average coffee seems lacking... At least provide local coffee!


  8. Senior Registered Client Associate

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

    I worked at Merrill Lynch

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

    Pros

    I worked there for almost 30 years and do not have any complaints. It is interesting work and there is always something to learn. Good benefits and co-workers!

    Cons

    I don't really have any cons.


  9. Financial Advisor intern

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Glen Rock, NJ
    Former Employee - Anonymous Employee in Glen Rock, NJ

    I worked at Merrill Lynch

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

    Pros

    Merrill Lynch's research is second to none.

    Cons

    Not much structure for the intern to develop.


  10. job

    • 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
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    good work long hours working

    Cons

    none that I can think of


  11. Financial Advisor

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

    I have been working at Merrill Lynch

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Provide everything needed to launch a career. There is a lot of material to use for marketing, learning and providing a full service practice.

    Cons

    No leads, you are on your own. Once you get clients the firm keeps 60% of revenue. The goals for a new hire are very hard and have become harder with the switch to fee-based platform where you are paid much less upfront to make goals.

    Advice to Management

    Do not trust anyone in the office if they offer to help. Each advisor has a strategy to use you. Be first in the office and last to leave. Buy a call list, find someone to support seminars.



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