Merrill Lynch Reviews

Updated August 30, 2015
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
42 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

188 Employee Reviews

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  1. meh

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch full-time

    Pros

    Great name, huge firm so opportunities to move around.

    Cons

    Bank of America........The name of the game is compliance, as far as the company is concerned, if your not getting sued, your winning.


  2. Intern

    Current Employee - Summer Intern in New York, NY
    Current Employee - Summer Intern in New York, NY

    Pros

    Good resume builder, and expands your knwoledge of the finance industry.

    Cons

    Menial work at times, and long hours


  3. Registered Client Service Associate

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Leave work at work. 40hr work week

    Cons

    limited training. Meticulous workload


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


  5. Financial advisor trainee

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Phoenix, AZ
    Former Employee - Financial Advisor in Phoenix, AZ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Merrill Lynch (More than a year)

    Pros

    Higher initial pay vs competitors

    Cons

    Training program is overrated: most of it is online. High failure rate >90% due to unrealistic production goals

    Advice to Management

    Make goals more realistic to attain


  6. Internship at Merrill

    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Merrill Lynch as an intern

    Pros

    tons of proprietary tools to work with lots of knowledgeable people and long-standing employees vast network and ability to connect with other professionals

    Cons

    hugely different intern experiences throughout different groups disconnect between BoA and Merrill, no ability to explore other side of the business as an intern

    Advice to Management

    make the internship experience more fluid throughout the different groups of FA's give the opportunity to explore other areas of BAML's financial services reach


  7. An Average Internship

    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Merrill Lynch as an intern

    Pros

    Was in the office environment, learned profession etiquette, had responsibilities and deadlines just like employees.

    Cons

    Did not learn anything about finance, business, or banking. Moreover, the tasks assigned were trivial and menial (moving files, sealing envelopes, printing,etc).

    Advice to Management

    Take your interns seriously. Some of the individuals that come to Merrill Lynch are hoping to actually get educated and learn, not simply exchanging hard labor for a gold ribbon on the resume.


  8. TFA

    • Senior Management
    Current Employee - Team Financial Advisor in San Jose, CA
    Current Employee - Team Financial Advisor in San Jose, CA

    Pros

    Strong Research reports/Worklife Balance/ Supportive Branch

    Cons

    Highly dependent on the Team you are working for.


  9. Financial Advisor

    Current Employee - Financial Advisor in West Chester, PA
    Current Employee - Financial Advisor in West Chester, PA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good opportunities to grow as an expert in the field working here at m l and great way to grow and expand and learn

    Cons

    Lots of long hours and work life balance can suffer because of that but still not that bad depending on your situation

    Advice to Management

    I would advise upper management to pay more attention to the advisors over here and more fair focus rather than just banking arm


  10. PMD Program

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time

    Pros

    Good pay, flexible work schedule, alot of freedom to create your business

    Cons

    No guidance for younger trainees, you are on your own from the start.

    Advice to Management

    Pair trainees up with larger teams in office to give them insight into the business. This will allow them a better change to join a successful team or so what methods work to grow their own.


  11. BOA / ML

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    Pros

    Worked with a lot of good people.

    Cons

    Directors manage based on fear of losing their own jobs and don't take care of people that work for them and rarely provide any training, which for technical people shows they don't care.

    Advice to Management

    Stop worrying only about your job only and take care of your employees.



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