Merrill Lynch Reviews

Updated September 14, 2014
Updated September 14, 2014
1,154 Reviews
3.6
1,154 Reviews
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
317 Ratings

Review Highlights

Pros
  • Decent work/life balance(based on your work area) Good (not great) benefits (in 42 reviews)

  • learned a lot about client management in a high assets environment (in 36 reviews)


Cons
  • The work-life balance is definitely a con (in 22 reviews)

  • long hours work life balance leaves only work work can be boring sometimes and can be too overwhelming sometimes (in 32 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    GWIM Analyst Intern

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

    I worked at Merrill Lynch as an intern for less than a year

    Pros

    Awesome company culture and great people

    Cons

    Depending on the area the work can be a bit dry and repetitive

    Advice to ManagementAdvice

    A little more autonomy would be nice

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Service Call

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

    I worked at Merrill Lynch as an intern for less than a year

    Pros

    Fast referal, professional and really kind

    Cons

    Sometimes ask too many questions but I can see how it`s helpful for speeding up the process.

    Advice to ManagementAdvice

    Increase brochure informational data and security of the company

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Great resources for growth and improvement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern  in  The Woodlands, TX
    Former Employee - Intern in The Woodlands, TX

    I worked at Merrill Lynch as an intern for less than a year

    Pros

    Access to upper division management

    Cons

    Stagnant work and not much variance in day to day activity

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Great experience!

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

    I worked at Merrill Lynch full-time for more than 5 years

    Pros

    Lots of opportunity and room to develop yourself. Culture was professional yet felt like a second family...I'm still friends with my former colleagues. Compensation and benefits were above average.

    Cons

    Lots of change to the environment after the Bank of America acquisition but change is a good thing.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    AVP FSA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President FSA  in  Irvine, CA
    Current Employee - Assistant Vice President FSA in Irvine, CA

    I have been working at Merrill Lynch full-time for more than 3 years

    Pros

    Great Benefit and compensation, Great employer and manager

    Cons

    Hard working but there is no really cons about it

  7.  

    New TFA role

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President - Branch Administrative Manager
    Current Employee - Vice President - Branch Administrative Manager

    I have been working at Merrill Lynch full-time for more than 10 years

    Pros

    Interested in becoming a financial advisor? Check out the new Team Based FA role. Great way to enter the business.

    Cons

    Challenging interview process that requires a solid business development plan.

    Advice to ManagementAdvice

    Benefits and time off policy are great

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Excellent learning environment

    • 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

    Very professional atmosphere. A lot of learning opportunities and the team is very friendly.

    Cons

    It is just part time summer position.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Good Company.. Treats Employees well

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

    I worked at Merrill Lynch full-time for more than 5 years

    Pros

    Great company cares about the community- blend family and work easily. Good amount of time off. Good work environment

    Cons

    need better training set ups.. learning from employees who are currently doing the job - which means they may not train well or they may not do the job well enough to teach you everything nor do they have the skills as a train for adult learning techniques.. Most management is good and cares about your career development.

    Advice to ManagementAdvice

    Work on training issues. and make sure every employee is getting the same training, recognition and exposure to project to learn more. Just a few managers need to understand life events are sometimes extraordinary and should help those in those scenarios.. not special favors but just show you care.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Wealth Management Summer Intern

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

    I worked at Merrill Lynch as an intern for less than a year

    Pros

    Was able to learn so much about how the wealth management business is run. Very friendly senior level employees. All around an amazing experience.

    Cons

    The pay was minimum wage so it was hard to live off the money for the entire summer. There were also days when I would have literally nothing to do and as nice as it is to be paid to sit it does get boring and I really wanted to be working.

    Advice to ManagementAdvice

    Having a more intense mandatory curriculum for all interns to insure that all time spent in office is beneficial for both the firm and intern.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    This is one of the best company I have ever worked for in my 16 year career in the financial services industry.

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

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

    Pros

    Merrill Lynch is a great company to work for! Management is very proactive in providing the technology and tools needed for me to do my job. Merrill invests a substantial amount of capital in technology and infrastructure. Compensation and employee benefits are awesome. Quite a few employees have worked for ML from 5 to 15 years.

    Cons

    Because the company is so big, management can sometimes be located in a different state than the employee. Before working for Merrill, I was used to making eye contact with my manager Monday thru Friday. Now, I send emails and leave voicemails for him.

    Advice to ManagementAdvice

    Keep on doing the same awesome job!

    Recommends
    Positive Outlook
    Approves of CEO

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