Morgan Keegan Reviews

Pros

Great work life balance
Plenty of advancement opportunities
Excellent pay

Cons

OK benefits
Paying for Parking? (it's downtown)

Advice to Senior Management

Better benefits would be appreciated, but that will be up to Raymond James. Communication about the sale was well done.

Pros

co-workers, learing skills, ability to grow

Cons

just bought out by Raymond James

Pros

Very well rounded from the receptionist to HR, there were really no 'bad eggs'. Moral was good too, even during a tough time in banking.

Cons

Some of the management and employees were not in the best positions for their skills to be allocated in the best way.

Advice to Senior Management

Instead of going to the top or just HR for management positions, I would suggest that their peers be involved in the hiring process.

Pros

*Flexible work schedule
*Easy-going work environment
*Management is understanding when you need time off
*You're allowed to solve problems the best way you see fit

Cons

*There's very little opportunity for growth unless you know the right people
*The company is willing to pay a fair-market salary to those they're hiring outside the firm, but they're not willing to bump salaries to fair-market value for those within the firm. The adage "you've gotta move out to move up" holds true here.

Advice to Senior Management

Do a better job of evaluating the specific abilities and talents of the individuals within the company, and give everybody a fair shot. Define clear objectives on how growth within the company can be achieved.

Pros

Pay is better than most corporate jobs in Memphis. There is a very friendly, family atmosphere at the company and general sense of camaraderie among employees. Most managers are very understanding regarding time-off and family emergencies.

Cons

Better pay comes at a heavy price...There are very few opportunities for professional development and career advancement if you are not a financial adviser. Those in administrative positions are often treated like dogs by advisers and management. Current leadership is woefully indecisive and behind the times. Direction of projects is either non-existent or changes at the whim of who has the most clout at the time. There is a general lack of direction and leadership from the top to the bottom of this company.

Advice to Senior Management

Please hire or promote clear-thinking division heads who understand the business AND the day to day operational challenges that the firm faces. The details of issues are often as important as the direction you wish to move.

Pros

They allow you to be your own advisor, no pushy tactics.

Cons

Health ebenfits can be better.

Advice to Senior Management

Improve perks and benefits.

Pros

Location is great and employees are pretty friendly. Management is competent. There is always someone who is willing to help out.

Cons

Must pay for parking downtown. Not much room for growth and the salaries provided are well below average in the industry.

Advice to Senior Management

Take time out to mentor the new guys. Also provide feedback based on how employees are doing within the company .

Pros

Opportunity for exposure for all aspects of the financial market.

Cons

Small scale bank sometimes unable to compete with the big dogs.

Advice to Senior Management

Keep it up

Pros

Family-like environment. The senior management makes a special effort to relate, and interact with employees on every level. I can see myself working here my entire career.

Cons

The only downside is the compensation for an entry level salary is slightly lower than similar firms. Semi-annual bonuses compensate for the lower salary.

Pros

great work environment. great to learn industry. ethical advisors

Cons

technology is way behind......advancement opportunity limited.

Advice to Senior Management

bonus for non-salary employees