Merrill Lynch Reviews

Updated April 24, 2015
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Employee Reviews

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  1. Good job out of college

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

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

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Easy way to learn a lot about finance in a short period of time.
    They will sponsor you for Series 7 and 66 for free.

    Cons

    Experience will vary widely depending on advisor(s) you work for.
    Dead end job if you want to move towards analytics or portfolio management. Most CAs are lifetime administrators with little mobility.
    Bank of America really changed the direction of the company.

    Advice to Management

    Hire more support staff. Most CAs are way overworked and dont seem to enjoy their job very much

  2. part time analyst

    • 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 part-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    great corp culture very helpful

    Cons

    unorganized a lot of the time

  3. Horrible PMD program

    Current Employee - PMD
    Current Employee - PMD

    I have been working at Merrill Lynch

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Benefits are pretty decent for employees

    Cons

    Stay away!! Set up for failure

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  5. Account Executive

    Former Employee - Account Executive in Los Angeles, CA
    Former Employee - Account Executive in Los Angeles, CA

    I worked at Merrill Lynch

    Pros

    Great benefits and great coworkers and culture. Really enjoyed working there.

    Cons

    Large company can get lost in the shuffle easy

  6. Great place to begin

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

    I have been working at Merrill Lynch full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Comp
    Learning opportunities
    People
    Resources
    Deal volume
    Learning opportunities
    Exit opps

    Cons

    Hours
    Best get rewarded with more hours

    Advice to Management

    Keep up the work life initiatives

  7. Old Merrill Lynch or New Bank of America?

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

    I worked at Merrill Lynch full-time (More than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Solid brand--universal and prestigious
    Solid reputation--training, culture, finance
    Significant opportunity for success

    Cons

    No longer Merrill Lynch culture
    Bank of America influence ("middle management") is incredibly significant
    Cut throat environment

  8. What a great employer!

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

    I worked at Merrill Lynch full-time (More than 8 years)

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

    Pros

    Great benefits, lots of perks, outstanding bonuses

    Cons

    They expect you to be dedicated

    Advice to Management

    Spend more time with associates

  9. Financial Advisor

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

    I worked at Merrill Lynch

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Give you the tools to exceed

    Cons

    Not as much oversight as I would've liked

  10. Wealth management

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

    I worked at Merrill Lynch as an intern

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    -> Friendly working environment
    -> Good working hours
    -> Steep learning curve for interns
    -> Good organizational culture
    -> Brand name in finance
    -> Flexible hours

    Cons

    -> Extremely strict operational control procedures
    -> Low pay
    -> Company seems fragmented across offices
    -> Interns are invisible to the office
    -> EXTREMELY client focused

    Advice to Management

    In order to make the environment more attractive to younger generations, the work places should be more active, vibrant, and challenging

  11. Good introductory job for better opportunities.

    • 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

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

    Pros

    Great Coworkers
    Excellent work hours
    Financial Advisors are cool and easy going

    Cons

    Doesn't have a high employee growth rate.

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