Bank of America Associate broker Reviews | Glassdoor

Bank of America associate broker Reviews

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4.0
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Bank of America President & CEO Brian T. Moynihan
Brian T. Moynihan
1 Rating

Employee Reviews

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Pros
Cons
  • "Work/Life balance can be overwhelming" (in 503 reviews)

  • "Communication with upper management can be difficult" (in 439 reviews)

More Pros and Cons

  1. "Good large business, professional organization, committed to customers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Broker in Houston, TX
    Former Employee - Associate Broker in Houston, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Large, industry leader helps everyone downstream within the organization. I worked at Merrill, which was absorbed by BofA, and to my surprise the two had very similar mindsets from two completely different retail strategies. Training was the best, most robust and detailed in the industry. Opportunities for advancement (within Merrill especially) were everywhere.

    Cons

    Regulations... regulations... regulations. Smaller firms have more flexibility (or less to lose?)
    Mostly post housing debacle have made doing anything creative a no-go. Regulations become increasingly difficult for smaller/single brokers to survive, especially due to social media and other restrictions (which may have changed since my time there, hopefully for my former colleagues sake..)

    Advice to Management

    Try to get ahead of regulators/regulation and free up some of the creative talent that made the firm what it is... a successful and robust large financial services leader.