Merrill Lynch Reviews

Updated September 14, 2014
Updated September 14, 2014
1,154 Reviews
3.6
1,154 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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.  

    ''Great organization"

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Human Resources  in  Singapore (Singapore)
    Former Employee - Human Resources in Singapore (Singapore)

    I worked at Merrill Lynch full-time for more than a year

    Pros

    Good location, great people, dynamic, opportunity for growth, good working environment, good benefits, opportunities for learning and development

    Cons

    Very process driven but that isn't necessarily a bad thing. Lot's of late night conference calls.

    Advice to ManagementAdvice

    Company values could be stronger

    Recommends
    Approves of CEO
  2.  

    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
  3.  

    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
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  5.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Specialist  in  Jersey City, NJ
    Former Employee - Senior Specialist in Jersey City, NJ

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

    Pros

    Good benefits, office culture is good, decent compensation but good work/life balance. ability to interface several domestic internal and overseas teams. Also work with outside brokers. Great ability to network

    Cons

    very uncertain due to all the layoffs. The overfocus on risk prevents the company from educating and encouraging their seasoned employees to do very well. Always seeking ways to cut costs through the use of workforce reductions then rehiring inexperienced workers at a lower salary.

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    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
  7.  

    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
  8.  

    Was better before the merger

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

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

    Pros

    Jobs are not hard
    The pay is competitive.
    Benefit package is ok

    Cons

    Taking career risks and moving to new departments will lead to being downsized.
    Horrible at requirements tracking
    Technology is definitely NOT quality driven, even though upper management likes to tout that it is
    Management plays politics and corporate bullies are defended

    Advice to ManagementAdvice

    Pay attention to the surveys, the employees are not happy. Technology is full of corporate bullies that lead out of fear.

    Recommends
    Negative Outlook
    Approves of CEO
  9.  

    Good Experience

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

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

    Pros

    Great place to get experience in I-banking and customer resolution, but lost alot of its soul with the BofA Acquisition.

    Cons

    Low pay, low bonuses, lots of issues, chronically understaffed and generally lacking direction after its acquisition by Bof A. Used to be a great place to work, but glad I got laid off to be honest. Everyone I know who still works there hates it with a passion.

  10.  

    EXPLOITATIVE TREATMENT OF EMPLOYEES

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

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

    Pros

    Great exposure to products and networking with industry insiders

    Cons

    No clear path or guidance for advancement

    Doesn't Recommend
    Approves of CEO
  11.  

    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

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