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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  • Senior Management
         
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Wins and losses

Technical Specialist (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney full-time for more than 5 years

ProsThere are great team members here
Good understanding middle management about work/life balance

ConsSenior managers care only about the bottom line
Spin: Town Hall meetings are all spin, tell us the company is doing brilliantly yet when it comes to raises/bonuses they conveniently forget all that - anyone coming in negotiate a high salary because your raises (if you get one) will be minimal

Advice to Senior ManagementRemember, associates and VPs need bonuses too

Yes, I would recommend this company to a friend

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Not a pleasant place to work at. Backstabbing culture. Difficult to get people promoted,

Anonymous Employee (Current Employee)
New York, NY

I have been working at Morgan Stanley Smith Barney full-time

ProsLooks good on the resume.

ConsNot a good place for a woman. On top of that corporate culture is to manage up. Not a collaborative atmosphere,

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very stressful

Senior Systems Analyst (Former Employee)
New York, NY

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

Prosflexible work arrangements where you can work remotely when necessary

Consvery very stressful. employees are expected to always be available even when on vacation

Advice to Senior Managementvalue the work contributions more than time spent on line

No, I would not recommend this company to a friend

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Internship

Wealth Management Intern (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney as an intern for less than a year

ProsRelatively easy-going, good chance to observe work environment, opportunity to network to an IB job.

ConsNot many responsibilities, somewhat boring and monotonous. But what can they really make an undergrad intern do?

Advice to Senior ManagementMore hands-on training would have been nice.

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

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Summer Intern- general office operations/ excel work etc

Intern (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney as an intern for more than a year

ProsThe people! Flexible hours/ good hourly wage

Consnone- lots of great things to say about working here

Advice to Senior Managementkeep up the great work

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Mixed bag working for IT at MS

IT Associate (Current Employee)
New York, NY

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

ProsThere are some very talented and brilliant people at Morgan Stanley... it is a great place to learn and grow. Like any large corporation, it can be a great place to work, if you work for/with great people. They do foster an environment where mobility is encouraged; I know of several people who have been there for 15+ years in various roles over time.

ConsTheir HR pamphlet speaks of a "work/life balance" that the company supposedly promotes. In reality, in IT I have not seen that balance, particularly among infrastructure teams. I have seen people work 20+ hour weekend shifts with no sleep breaks. Also, it is very common in IT (more often than not) that people get promoted but do not get the salary bump to match it. Also, year-end bonuses in IT have been few and far between, and not very generous. I have seen many talented people leave for greener pastures at other companies.

Advice to Senior ManagementCompensate your talented people.

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FAA Training Program

FAA (Former Employee)
New York, NY

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

ProsDecent Training program for FAA program. Management was supportive in early months

ConsFAA hurdles can be aggressive in the first few months unless you have one or two decent prospects lined up from the beginning

No, I would not recommend this company to a friend

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Fantastic learning experience in how persistence and patience pays off.

Wealth Management (Former Employee)
New York, NY

I worked at Morgan Stanley Smith Barney as an intern for less than a year

ProsGreat connections that will help you out if you put your heart and soul into what you do. People pick up quickly on how hard of a worker you are and will reward you for it.

ConsLarge and relatively rigid corporate structure with conventional-type offices. Very quiet working conditions where everyone is expected to be doing nothing but their work 100% of the time.

Advice to Senior ManagementI would try to have more positive perks instead of parties. Instead of softball parties where not everyone is included, try a gym membership included in benefits or healthy cooking classes.

No, I would not recommend this company to a friend

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FAA program has very lofty goals

Financial Advisor Associate (Former Employee)
Ridgewood, NJ

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

ProsThe starting salary is not bad for a training program. Your benefits start on day one. Offices are nice.

ConsRevenue and asset goals are very high. training is a bit lacking to properly prepare FA's to succeed. Very high turnover in the program.

Advice to Senior Managementcome up with a more reasonable and effective training program and you may have a more successful FAA program leading to a higher success rate.

Yes, I would recommend this company to a friend

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Business today has lost the apprenticeship aspect that built America to what it is today

Client Service Associate (Current Employee)
New York, NY

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

ProsMorgan Stanley is one of the top firms to work for in the country

ConsIn order to grow business, there has to be ability for young growth. That's hard to find here.

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.