Merrill Lynch - Great people | Glassdoor
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There are newer employer reviews for Merrill Lynch

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"Great people"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee
Recommends
Neutral Outlook
No opinion of CEO

I have been working at Merrill Lynch full-time

Pros

Good benefits, nice environment, professional people

Cons

shorter than stated performance evaluations

Other Employee Reviews for Merrill Lynch

  1. "Me"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I have not worked recently

    Cons

    Tranferrabilty, vacatime time. benefits, snacks


  2. Helpful (4)

    "Terrible PMD program"

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

    I worked at Merrill Lynch full-time (Less than a year)

    Pros

    They paid for my Series 7 and 66, decent salary while you are studying, great coworkers, not much outside of that

    Cons

    Unless you love cold calling out of a phone book, this is not the job for you. You are expected to bring in $30 Million in assets in 3 years, with basically no help at all. I suppose if you have a lot of rich friends and family who trust you, you could do alright.

     As a recent college graduate, I had basically no chance. They just hire a bunch of PMDs, have them bring in a few clients, and then fire them. Its all a part of their business model. Unless you can get on a team, your chances of success are about 1%.

    "Training" consists of nothing more than watching outdated video from the 90's. Absolutely terrible.

    Out of the 7 guys who started at the same time as me, I think there is only 1 still working there, and he is very close to getting the ax. Most PMDs are actively interviewing at other places during their employment with ML.

    Advice to Management

    Lower sales goals. Put more people on teams.

There are newer employer reviews for Merrill Lynch
There are newer employer reviews for Merrill Lynch

See Most Recent

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