Morgan Stanley

  www.morganstanley.com
  www.morganstanley.com

Morgan Stanley Reviews

These reviews contributed towards 2011's Best Places to Work recognition. See ratings and reviews for all time.
80 Reviews
3.6
80 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
26 Ratings

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in (in 117 reviews)

  • Since it's difficult to get into Morgan Stanley, you'll work with very smart people (in 93 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them (in 109 reviews)

  • Long hours in the operation department when the market is bad (in 121 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 2 people found this helpful  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Morgan Stanley

    Pros

    Great colleagues, lots of flexibility.
    Good opportunities to develop skills.
    Very professional environment - I was always proud to be part of a team.

    Cons

    All Wall Street firms are stressful places to work, and Morgan
    Stanley is not an exception. Sometimes you have to work at
    times you prefer not to.

    Advice to ManagementAdvice

    During the credit crisis John Mack did a good job of communicating to employees what was happening in the economy and to Morgan Stanley. He also told employees he understood if they felt they needed to sell their shares of MS stock.

    Recommends
    No opinion of CEO
  2. 2 people found this helpful  

    Trading desk

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Morgan Stanley

    Pros

    Large company with many opportunities to move

    Cons

    I think there was poor middle management

    Advice to ManagementAdvice

    weak middle management

    No opinion of CEO
  3. 2 people found this helpful  

    Morgan Stanley is an excellent company to work for in IT

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior IT Project Manager in New York, NY
    Former Employee - Senior IT Project Manager in New York, NY

    I worked at Morgan Stanley

    Pros

    - In IT, I found most of the people to be high caliber: i.e. smart, proactive, very good work ethic, respectful.
    - IT management is open to ideas from all employees.
    - You work hard, sometimes long hours, but there is also emphasis on work-life balance.
    - Very good salary and benefits.
    - If company has a decent year, and if you did your work well, the bonus is very good.

    Cons

    - The process for getting promoted (e.g. from associate to VP, from VP to ED) is not good. I know employees who were outstanding for many years and still they were not promoted.

    Advice to ManagementAdvice

    - Find a better, more fair way to promote employees.
    - Encourage more frequent feedback between managers and employees.
    - Continue with efforts to improve annual review process.

    Recommends
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    company review

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

    I have been working at Morgan Stanley

    Pros

    MS is one of the great banks on the Wall street. atmosphere is splendid to work in. so are the prospects of rising

    Cons

    maybe the management is not that great in comparison to its peers still employee satisfaction is one of the best

    Advice to ManagementAdvice

    Employee's are the core strength at Morgan Stanley. I think management can provide greater growth potential to the deserving individuals which i feel is missing now to some extent

    Recommends
    Approves of CEO
  6.  

    Life of an intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Equity Research Associate in New York, NY
    Current Employee - Equity Research Associate in New York, NY

    I have been working at Morgan Stanley

    Pros

    Great crash course into the life of an associate
    Lots of senior speaker events, networking events, etc.
    Given lots of responsibility

    Cons

    Seniors are not incredibly approachable (usually have to book time with your Analyst)
    Greuling presentation/stock pitch at the end of internship ( be overprepard, very important)
    Training program is brief
    Not always clear what you're looking for in terms of the projects given to you

    Advice to ManagementAdvice

    More team to team integration/encouraging associates to move beyond their pod
    Mid-summer performance reviews should be more candid/direct about areas to improve

    Recommends
    Approves of CEO
  7.  

    eCommerce, Project Management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Associate - Retail Intermediary Distribution in New York, NY
    Former Employee - Senior Associate - Retail Intermediary Distribution in New York, NY

    I worked at Morgan Stanley

    Pros

    Morgan Stanley has a great infrastructure, abundant resources, and the tools to help someone flourish and thrive in their career. The people are also professional, knowledgeable, and open to helping you succeed. The culture rewards hard work and collaboration. You will definitely get back what you put into your work.

    Cons

    There are people who can be abrasive, rude, and overbearing. Also, senior management can be too quiet about upcoming firm changes or reorganizations. During times of market turmoil, the middle managers were conspicuously silent and did not emerge from their offices or cubes.

    Advice to ManagementAdvice

    Be more open to feedback and communication from the rank and file. Also, there is still a lot of work to be done in breaking down silos and facilitating communication and sharing across the different businesses and channels.

    Recommends
    Approves of CEO
  8. 4 people found this helpful  

    Revolving Door

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Miami, FL
    Former Employee - Anonymous Employee in Miami, FL

    I worked at Morgan Stanley

    Pros

    Great pedigree
    Great analytical market research
    Benefits were ok
    Some of the sales skill taught were useful but most were a waste of time

    Cons

    This place was churn city, they would take in new FA's and have them bring in all their friends and families money. Once there they would place unbelievably hard asset goals, knowing that just starting out it is nearly impossible to meet the minimum assets under management and then fire the new hire after 10 months, keeping the accounts and distributing them to te top brokers in the office.

    Pay was not adjusted to locality and was almost impossible to live on the salary given while trying to obtain critical mass in assets.

    Advice to ManagementAdvice

    If you want to keep new brokers in the business you need to help them more in the marketing skills department. Telling them to cold call out of the phone book is not a good strategy.

    Doesn't Recommend
    Disapproves of CEO
  9. 1 person found this helpful  

    Morgan Stanley

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

    I have been working at Morgan Stanley

    Pros

    Respected Institution that provides a difficult interview process to gain admittance to the analyst or associate programs. Worth the headache to get into the sales or trading seats.

    Cons

    Inability to effect change in the day to day of the desk and group you work in because of top-heavy setup.

    Advice to ManagementAdvice

    Look closely at the junior and midlevel talent at the firm and consider the quality of the development and training in place. They are the future of Wall Street and of Morgan Stanley.

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Old MS was ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Advisor in McLean, VA
    Former Employee - Financial Advisor in McLean, VA

    I worked at Morgan Stanley

    Pros

    As a FA you have tons of resources at your disposal and the older folks love the socks and stocks memories of Dean Witter.

    Cons

    Headline risk takes a daily toll on morale and with MSSB their are daily negative headlines. Some BM's are incompetent.

    Advice to ManagementAdvice

    Get your head out of your ... Stop catering to the traders and put your actions where your mouths are on the retail channel

    Doesn't Recommend
    No opinion of CEO
  11. 2 people found this helpful  

    Probably best on the street

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President - IT in New York, NY
    Current Employee - Vice President - IT in New York, NY

    I have been working at Morgan Stanley

    Pros

    Senior management is very technical. Some of them still quite hands on
    compensation is good in comparison to peers
    Working with top notch people because interviews are tough and can take upto 8/9 rounds. Hire from top schools.
    Excellent training program for entry level positions.
    Software infrastructure is best on street resulting in more time spent being productive

    Cons

    Long hours
    Working with brightest also means very competitive
    Large percentage of salary is in bonus so its all about results and so people tend to take shortcuts compromising quality

    Advice to ManagementAdvice

    Review compensation process

    Recommends
    Approves of CEO

Work at Morgan Stanley? Share Your Experiences

Morgan Stanley

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.