Morgan Stanley Smith Barney

www.morganstanleysmithbarney.com
Unclaimed Profile

Morgan Stanley Smith Barney Reviews

Updated August 19, 2015
468 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset

468 Employee Reviews

Sort: Popular Rating Date
  1. Financial Advisor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor Associate in San Diego, CA
    Current Employee - Financial Advisor Associate in San Diego, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Morgan Stanley Smith Barney (More than a year)

    Pros

    Flexibility in work day hours

    Cons

    Tough benchmarks to hit as a recent college grad


  2. Global Wealth Management Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Baltimore, MD
    Former Employee - Analyst in Baltimore, MD
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great opportunity to learn and a high volume of work allows one to be able to indulge in many different situations and learning experiences.

    Cons

    Work became a little difficult when overtime was cut


  3. Good Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Management in Mount Laurel, NJ
    Current Employee - Wealth Management in Mount Laurel, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley Smith Barney part-time (Less than a year)

    Pros

    You have the ability to learn a lot from strong teams

    Cons

    Lots of cold calls Little communication with other teams


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Call Center

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Customer Service Representative in Salt Lake City, UT
    Former Employee - Senior Customer Service Representative in Salt Lake City, UT
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley Smith Barney full-time (More than 5 years)

    Pros

    The office culture is great. People respect each other and help when needed. The senior management are fabulous, and even more so when you consider the tough job of managing a call center operation. The job was designed so that you were able to treat customers with the respect they deserve and still meet the qualifications of the job. So many call centers are only interested in numbers and profit. MSSB is also interested in those but realizes that their employees need to be treated well. The games to increase sales and productivity seemed a bit juvenile.

    Cons

    Call center... what more do I need to say.

    Advice to Management

    I wasn't happy with all the decisions managers made (who is), but overall I have no regrets about working there and the only comments would be, keep doing what you are doing because it obviously works. You understand that people are your greatest asset.


  6. Helpful (1)

    Everyone's experience is different depending on the team you're in. Find a team you like and can learn a lot from.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consulting Group Analyst
    Current Employee - Consulting Group Analyst
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Morgan Stanley Smith Barney full-time (More than 3 years)

    Pros

    Access to global resources: you can learn a lot, fast. For the best pay and happiness factor, strive to be a Financial Advisor. Everyone in the company is open to informational interviews or coffee to talk about their experiences. You can learn everything you need to know about personal finances if you dig deep enough.

    Cons

    For CG Analysts and CSA's, your work load and happiness factor is attributed 99% with your team, which can have 1 to 3 Financial Advisors. If they're happy, things are great. When they're not, it's up to you to speak up and set expectations and reasonable deadlines. Don't count on management to intervene. Morgan Stanley will give you a low salary, you're really depending on the FA to supplement it. See 'Advice to Management' below for pay conflicts.

    Advice to Management

    Support staff pay is highly discretionary to the financial advisors. There isn't a clear structure at all. I've seen overworked support staff have lower than others simply because they didn't negotiate with their Financial Advisors. There is a paradox in the business model for support staff: you will get the highest pay by negotiating your pay with your team's FA's (the highest leverage is a counter offer, aka another FA team), which means you should speak with other teams indicating your interest to switch, however, switching teams is frowned upon within the company. Management should provide more transparency to support staff showing their responsibilities and how much an FA is paying for that on average. This provides the support staff more evidence on how to price themselves fairly.


  7. Great Firm before the sale

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Smith Barney was a great firm to work for. Everything changed when Sandy Weill left the firm. pper management was not concerned with the rank & file employees.

    Cons

    Every year the firm would clip your total income package. The more you make, the more you pay for benefits you receive.

    Advice to Management

    don't push the envelope


  8. Analyst in Wealth Management

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

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

    Pros

    Prestigious brand; great culture; compensation is on par with industry norm

    Cons

    work-life balance, leader from time-to-time

    Advice to Management

    Be more open to hear what those being managed by you have to say


  9. Good place to start off at

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Some learning about capital markets and emerging markets. If you end up in a good team, they will feed you. There is always food from meetings.

    Cons

    Expect you to do all the grunt work. Only good for short term, because in the long term, the work does not change. Viewed as bottom of financial services.

    Advice to Management

    Can speak more with interns rather than just asking for demands.


  10. Great Brand name, Tough environment

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor Associate in San Francisco, CA
    Former Employee - Financial Advisor Associate in San Francisco, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley Smith Barney full-time (More than a year)

    Pros

    The company brand is excellent. Everyone knows who you are when you mention Morgan Stanley. Deep resources. Experts are available to collaborate on any technical or investing strategy issue

    Cons

    The first few years are challenging. The expectation is that you'll build your book of business quickly and you are on your own to do so. Balancing time spent in client acquisition and time spent on client service can be a challenge.

    Advice to Management

    Team up new advisers with experienced advisers so that they can learn the craft, learn best practices, and succeed more quickly.


  11. Sweet and Sour- Overall good first experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst-Operations
    Current Employee - Analyst-Operations
    Recommends
    Negative Outlook

    Pros

    The culture in my team was great. There was a lot of team building activities by my direct VP. Additionally, she showed a lot of interest in my career goals and taken the necessary steps to accomplish them.

    Cons

    Very disorganized. In less than three years I reported to three different managers, three different VP as well as three different ED. The organization does not invest in their employees causing them to leave and you so much money is wasted in granting access and training new members of the team.

    Advice to Management

    Invest in your employers and you will spend less money hiring and training.



Showing 468 of 524 reviews
Reset Filters
RSS Feed </> Embed

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