Merrill Lynch

  www.baml.com
  www.baml.com

Merrill Lynch Reviews

Updated November 26, 2014
Updated November 26, 2014
1,219 Reviews
3.6
1,219 Reviews
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
341 Ratings

Review Highlights

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 Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Very competitive environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Representative in Seattle, WA
    Former Employee - Account Representative in Seattle, WA

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    A lot of smart people and best in the industry. These guys know their business and are as knowledgeable as anyone.

    Cons

    Training program will leave you questioning if they care about your success in the long term. Should give more guidence to help new employees.

    Advice to ManagementAdvice

    Have more meetings to keep your new employees in the loop. Dont just make them sit around and try to figure out things on their own

    Recommends
    Positive Outlook
    No opinion of CEO
  2.  

    Cubical Farm

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

    I worked at Merrill Lynch full-time (more than an year)

    Pros

    fast paced and teamwork culture

    Cons

    cubical farm, put your head down and answer calls

    Advice to ManagementAdvice

    streamline learning

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Top Bank on the way up

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

    I have been working at Merrill Lynch full-time

    Pros

    Smart colleagues
    Positive & inclusive environment
    flat hierarchy
    above average salary
    Good position in the Citi of London
    Hr work very hard to create a good community. Bonding occasions every week for analysts.

    Cons

    As in every other american bank, especially in S&T, job security is not great due to volatility of team's results.
    Brand could be stronger, but will definitely improve as BAML is doing great!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    BAML Spring Week Global Markets Interview

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - BAML Spring Week Interview in London, England (UK)
    Current Employee - BAML Spring Week Interview in London, England (UK)

    I have been working at Merrill Lynch full-time (less than an year)

    Pros

    Fantastic place, fantastic people, amazing, amazing. Very simple, does not require much idea about the markets, just have one interesting thing to say.

    Cons

    Can't really think of a con, the summer application stage is much harder, you also do not get to spend much time with the Sales and Traders if you get accepted

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Brief experience as an intern

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

    I worked at Merrill Lynch full-time (less than an year)

    Pros

    - good learning experience
    - flexible schedule
    - paid internship

    Cons

    - not a lot to do
    - felt like I wasn't very involved.

    Advice to ManagementAdvice

    Get interns more involved.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Company is great, management is so-so.

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

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

    Pros

    The company has great benefits, many different types of positions available.

    Cons

    Compensation isn't great, there seems to be clear favoritism with management in regards to potential career progression.

    Advice to ManagementAdvice

    Share the wealth around, don't always go to the same people with upcoming opportunities. Also, keep outside/preexisting friendships away from the office environment.

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Great place to start your career as a Financial Advisor

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

    I worked at Merrill Lynch full-time (more than 3 years)

    Pros

    They are one of the few broker dealers who pay FA trainees while they complete their licensing requirements. Depending on the complex you are located in you will either have very hands-on training or be left to fend or yourself.

    Cons

    It is very difficult to become a successful advisor and many times management focuses on the wrong activities to produce results.

    Advice to ManagementAdvice

    Trainees should be interviewed by and matched to specific teams that should be incentive-ized to help ensure the success of the trainee.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Complex Management in Pittsburgh, PA
    Former Employee - Complex Management in Pittsburgh, PA

    I worked at Merrill Lynch as an intern (less than an year)

    Pros

    Great learning environment, great team. Training was also a major highlight.

    Cons

    Not many company perks.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    ok

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Lynch

    Pros

    overall a good and reputable bank to work for

    Cons

    it can be a cut throat culture

  11.  

    Long and Hard work

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch

    Pros

    Can make a lot of money

    Cons

    Feel like a car salesman

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