Morgan Keegan Reviews

Updated March 5, 2015
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Employee Reviews

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  1. Was a great place to work at one time...

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Memphis, TN
    Former Employee - Anonymous Employee in Memphis, TN

    I worked at Morgan Keegan

    Approves of CEO
    Approves of CEO

    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 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.

  2. Limited growth potential

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations in Memphis, TN
    Current Employee - Operations in Memphis, TN

    I have been working at Morgan Keegan

    No opinion of CEO
    No opinion of CEO

    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 Management

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

  3. Helpful (1)

    Fantastic

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Rockville, MD
    Current Employee - Financial Advisor in Rockville, MD

    I have been working at Morgan Keegan

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

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

    Cons

    Health ebenfits can be better.

    Advice to Management

    Improve perks and benefits.

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  5. Very satisfactory

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New Orleans, LA
    Current Employee - Anonymous Employee in New Orleans, LA

    I have been working at Morgan Keegan

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    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 Management

    Keep it up

  6. Great place to work!

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Accountant in Memphis, TN
    Current Employee - Portfolio Accountant in Memphis, TN

    I have been working at Morgan Keegan

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    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.

  7. great work environment for regional firm

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Orlando, FL
    Current Employee - Anonymous Employee in Orlando, FL

    I have been working at Morgan Keegan

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    great resources; ethical advisors; great entry level job to the financial world

    Cons

    limited advancement unless your looking to become and advisor

    Advice to Management

    better benefits

  8. Educational

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in San Francisco, CA
    Current Employee - Intern in San Francisco, CA

    I have been working at Morgan Keegan

    Approves of CEO
    Approves of CEO

    Pros

    Great Experience. Have a lot of exposure to senior employees of the firm because it is a very small firm.

    Cons

    Low compensation, struggling to balance the costs of living in a town like San Francisco on a low intern salary.

    Advice to Management

    Try to expand your M&A focus to include larger deals, maybe not just middle market. Morgan Keegan has a large balance sheet.

  9. Decent

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Trader in Memphis, TN
    Former Employee - Trader in Memphis, TN

    I worked at Morgan Keegan

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    If you make it to the top they compensate will. Friendly and fun work environment. Not a fan of memphis though..

    Cons

    You have to know someone to get a good position...hard work will only go so far. The good sales jobs go to the guys who born into it.

    Advice to Management

    Some poorly performing divisions should be cut loose. I think to compete competitively with the other banks you will have to improve your equity division

  10. Okay

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales in Memphis, TN
    Current Employee - Sales in Memphis, TN

    I have been working at Morgan Keegan

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Good operations managment, flexible manager, good hours

    Cons

    poor salaries, no advancement or growth, stagnant atmosphere

    Advice to Management

    Get better leaders, stop cronyism and nepotism

  11. I guess I should not be surprised.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Developer in Memphis, TN
    Current Employee - Developer in Memphis, TN

    I have been working at Morgan Keegan

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    A chance to work with a market mover and one of the most stable financial organizations. Hoping to learn from others and be involved with the major market movers and decision makers.

    Cons

    Management is very hierarchical and rigid in organization. Managers worship their superiors, respect their peers and look down upon their underlings. Software is looked down upon as a necessary evil and not in their interest. Southern good old boys network.

    Advice to Management

    As with many employers in the South, one's religions beliefs make a big difference in how you areviewed. If you don't tow the party line, you are osratisized.

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