Morgan Stanley Smith Barney
3.1 of 5 438 reviews
www.morganstanleysmithbarney.com Purchase, NY

Morgan Stanley Smith Barney Reviews in New York City, NY

Updated Mar 21, 2014
All Employees Current Employees Only

2.9 99 reviews

                             

56% Approve of the CEO

Morgan Stanley Smith Barney President Greg Fleming

Greg Fleming

(36 ratings)

50% of employees recommend this company to a friend
99 Employee Reviews Back to all reviews
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Pay getting worse, increasing outsourcing both on- and offshore.

Software Engineer (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney full-time for more than 3 years

ProsVery flexible work arrangements, good technology stack (on the Morgan side, the SB side works with vacuum tubes)

ConsZero bonus for years now, LOTS of H1B- staff and India teams which depresses comp for everyone (local leaves->3 new India hires), really cool tasks (mobile, etc.) outsourced to contractors.

Advice to Senior ManagementRealize that Gorman is perceived as a jerk in the lower ranks, and it depresses morale. Paying millions to traders and for the others it's "if you're unhappy, just leave".

No, I would not recommend this company to a friend

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High on talent and resources, low on loyalty.

Financial Advisor Associate (Current Employee)
Wayne, NJ

I have been working at Morgan Stanley Smith Barney full-time for more than a year

ProsGreat resources, prestigious name, stable

ConsWealth management training program, low commissions

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Morgan Stanley was a great stepping stone toward a promising career in the Financial Services Industry.

Wealth Management (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney as an intern for more than a year

ProsGreat Experience. Gave me the knowledge necessary to understand how to become a successful Financial Advisor.

ConsStressful work environment, lack of guidance.

Advice to Senior ManagementUpper Management was great and were helpful

Yes, I would recommend this company to a friend

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Very strange

User Experience Designer (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney full-time for less than a year

ProsYou get a relevantly flexible schedule and not a bad pay. Executives are doing not a bad job as a cheer-leaders. But that would be all...

ConsNo guidlines, no certainty. No really advanced feedback or meaningfull planning.

Advice to Senior ManagementTreat people as humans

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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You get out what you put in

Executive Director (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney full-time for more than 5 years

ProsVery good firm. You will work hard but it will be professionally rewarding.

ConsWork/life balance at times can be difficult to maintain.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Morgan Stanley Smith Barney

Associate Vice President Operations (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney full-time for more than 10 years

ProsSuccessful retail business,,,stronger now since the joint venture with Smith Barney.

ConsOverall culture has changed. People are not happy. Low morale. Non-competitive salaries, no raises or bonuses. No work life balance.

Advice to Senior ManagementTreat your employees with more respect and appreciate their hard work and dedication.

No, I would not recommend this company to a friend

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They're killing themselves

Vice President (Former Employee)
Purchase, NY

I worked at Morgan Stanley Smith Barney full-time for more than 3 years

ProsGood people. Most people trying to make the right things happen

ConsVery beaurocratic. Don't listen to front line managers. Will fire staff in a second to make financials better. Short term focus for managers.

Advice to Senior ManagementLook at the long term. Ride through the lows and be ready for the upswing.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Treats employees like commodoties

Analyst (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney as a contractor for more than 3 years

Pros- Good infrastructure.
- Good hardware to get the work done but bad support structure.

Cons- very bad focus on the process management
- opaque access to management
- manager knows to play politics - sides the subordinates and then flips coin to his manager,

Advice to Senior Management- learn to treat people as humans not commodites

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Analyst

Analyst (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney as a contractor for less than a year

ProsGreat company, good benefits, great people

ConsManagement can be annoying and distracting

Advice to Senior ManagementLet people go there work and bother someone else

Yes, I would recommend this company to a friend

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Great place to learm and develop, excellent people.

Vice President (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney full-time for more than 3 years

ProsCollaborative workplace, people very respectful of each other, work extra hours to fix problems. Enjoy the freedom to analyze and solve problems; not micromanaged by my boss.

ConsRuthless when it comes to firing people; departed colleagues are forgotten overnight. Compensation is poor. Very little interaction with senior managers. Stingy with money: company wont pay to celebrate a team success when rolling out a new solution.

Advice to Senior ManagementToo much bureaucracy; no sense of urgency when it comes to rolling out products and services. Inward focused organization; decision making is slow.

Yes, I would recommend this company to a friend

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Glassdoor is your free inside look at Morgan Stanley Smith Barney reviews and ratings in New York City, NY — including employee satisfaction and approval rating for Morgan Stanley Smith Barney CEO Greg Fleming. All 99 reviews posted anonymously by Morgan Stanley Smith Barney employees.