Bank of America Securities - Bank of America Securities LLC/Merrill Lynch | Glassdoor
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"Bank of America Securities LLC/Merrill Lynch"

Star Star Star Star Star
Former Employee - Trader in New York, NY
Former Employee - Trader in New York, NY
Doesn't Recommend
Neutral Outlook

I worked at Bank of America Securities full-time (More than 3 years)

Pros

Excellent derivatives platform and brokerage arm.

Cons

Purchase and consolidation with Merrill Lynch.

Other Employee Reviews for Bank of America Securities

  1. "Consumer Banking - Sales and Service Specialist"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at Bank of America Securities full-time (More than 3 years)

    Pros

    -Broader exposure to entire Bank of America organization through affinity, volunteer groups. This is probably the most valuable - the chance to meet others within the organization truly opens doors so please don't discount it.
    -Park Avenue location provided interaction with ultra high end clients with unique needs.
    -Standard benefits are great in the corporate space - medical, dental, vision, 401K matching, matching gifts, paid volunteer days.

    Cons

    -Completely inept management on almost every level of the consumer, retail banking level - from the branches to those that run the local markets, and then some.
    -Fundmental disconnect in the sales area - past habits reek of the current Wells Fargo debacle. i.e. - pushing a savings account on someone who cannot afford it, but hey, 'Keep the Change' will help, right?

    Advice to Management

    Purge, but its too late for that... You're tired and sorely disconnected.


  2. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Bank of America Securities (More than 3 years)

    Pros

    Bulge bracket bank with access to mainstream blue chip corporate clients

    Cons

    Bureaucratic organization with a lot of politics and strategic positioning

There are newer employer reviews for Bank of America Securities
There are newer employer reviews for Bank of America Securities

See Most Recent

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