Morgan Stanley Smith Barney

  www.morganstanleysmithbarney.com
  www.morganstanleysmithbarney.com

Morgan Stanley Smith Barney Reviews

Updated October 26, 2014
Updated October 26, 2014
488 Reviews
3.2
488 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley Smith Barney President Greg Fleming
Greg Fleming
144 Ratings

Review Highlights

Pros
  • Good understanding middle management about work/life balance (in 15 reviews)

  • Good benefits/PTO, fast-paced learning environment, great advisors (in 22 reviews)


Cons
  • There is a disconnect between the companies desire for Financial Advisor Associates to succeed and their actions (in 20 reviews)

  • Invariably, unless you are part of a team you will not make it through the training program (in 13 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good Experience, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wealth Management Intern in Los Angeles, CA
    Former Employee - Wealth Management Intern in Los Angeles, CA

    I worked at Morgan Stanley Smith Barney part-time (less than an year)

    Pros

    I enjoyed working with my Financial Advisor and picking his brains on the topics of the day. I also liked getting to speak to the clients and hearing about their lives.

    Cons

    You end up doing a ton of not so glamorous work - copies, printing, stapling, paperwork etc. Just keep your head down and look forward to having the name on the resume.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    MS Intern- BRANCH

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Morgan Stanley Smith Barney

    Pros

    Office Culture, benefits, atmosphere, company values

    Cons

    Time consuming, compensation, personal growth, boring

  3.  

    Good Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in San Francisco, CA
    Former Employee - Intern in San Francisco, CA

    I worked at Morgan Stanley Smith Barney as an intern (less than an year)

    Pros

    Stable career and good work/life balance. My experience as an intern was fairly enjoyable. Got to work on some cool projects and upper management lets you work on whatever you want as long as you finish your other work.

    Cons

    Not enough work--had to search projects out. Small teams and not much collaboration. Fairly quiet office with an older crowd.

    Recommends
    Neutral Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    I was a cold caller at Morgan Stanley

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Austin, TX
    Current Employee - Intern in Austin, TX

    I have been working at Morgan Stanley Smith Barney as an intern (more than an year)

    Pros

    My boss was extremely flexible with me. He truly understood that I was a working student and allowed me to act that way. I appreciated the experience.

    Cons

    I really wasn't allowed to do anything important as an intern. I began working there during the school year when I was a freshman, so that could be a reason as well.

  6.  

    Numbers Game

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morgan Stanley Smith Barney

    Pros

    Great entry level salary!
    Paid 2 month student.

    If you make it past 2 years, great life ahead of you.

    Cons

    You are only a number until you make it over a year.

    You are a statistic of a numbers game of customers acquired, just like dials, events, people and the business plan.

    You should know the rules here:
    1) You do not pass test... You are fired
    2) You do not get enough assets... You are fired
    3) it is a sprint, not a marathon

    Advice to ManagementAdvice

    Be honest to new hires and tell them it is a 60hrs/wk job, maybe 80 to increase success rate.

  7.  

    Luck will shape your experience here

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

    I have been working at Morgan Stanley Smith Barney full-time (more than an year)

    Pros

    If you happen to pick the right group to join, then your experience can be awesome...at a discounted salary compared to other banks.

    There are a lot of fun projects to migrate archaic platforms to a new technology stack.

    If you're interested in learning something new or stretching your knowledge, make sure to pick the right group and right boss. You'll know it's the right group when people in that group are smiling and happy even when they are crazy busy.

    Cons

    Salary is relatively low compared to other banks. However, if you're in the right group, you have the flexibility to learn and do new things that you wouldn't be able to do in other banks.

    There's a big chasm between employees who are working on legacy applications versus the employees building the new applications. It's sad because I like the people here.

    Advice to ManagementAdvice

    Pay your top talents at the very least what they are worth in the market. At some point, we all get tired of getting less money and we will eventually move on.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    VP

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

    I worked at Morgan Stanley Smith Barney full-time (more than an year)

    Pros

    Smart people, friendly, learn a lot, eager to teach

    Cons

    Long hours, a lot to do

    Advice to ManagementAdvice

    More leadership

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Great introduction to wealth managemnt

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

    I worked at Morgan Stanley Smith Barney as an intern (more than an year)

    Pros

    Friendly and helpful staff. HR is very helpful through the onboarding process. Coworkers were professional and pleasant. MSSB gives access to 'corporate perks' via an online platform. Office communicates additional opportunities, events, etc via email.

    Cons

    Hard to get accustomed to all MSSB's resources in a short amount of time. Compliance tests are long and annoying, but a necessary process.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    Degrading

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Morgan Stanley Smith Barney

    Pros

    Friday's were a good day to worki

    Cons

    Advisors would run to management about any litte thing and complain about earned me off. They would hold any "icentive" pay over your head instead of offering for going above and beyond your job. Old Operations Manager would constantly want to know your personal life and thought he could give medical advice in order to "fix" someone so they would come into work. He would keep going through people's work trying to ifnd whatever he could find wrong. You never knew what you were going to be met with each and every day going into work. Very degrading when several acnowledgements and awards had been won.

    Advice to ManagementAdvice

    Stop the "Old Boy's Club"

    Doesn't Recommend
    Disapproves of CEO
  11.  

    The grass is greener...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Morgan Stanley Financial Advisor in Morristown, NJ
    Current Employee - Morgan Stanley Financial Advisor in Morristown, NJ

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

    Pros

    Professional atmosphere, great colleagues, old ML guard leading co.

    Cons

    little further distance to travel

    Advice to ManagementAdvice

    don't cut our comp or support staff...look to the higher apid execs for cost savings

    Recommends
    Positive Outlook
    No opinion of CEO

Morgan Stanley Smith Barney Photos

Work at Morgan Stanley Smith Barney? Share Your Experiences

Morgan Stanley Smith Barney

 
Click to Rate
or

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