Merrill Lynch - Solid internship experience (private wealth management) | Glassdoor
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There are newer employer reviews for Merrill Lynch

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"Solid internship experience (private wealth management)"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Intern - Merrill Lynch Wealth Management Program Intern in Beverly Hills, CA
Former Intern - Merrill Lynch Wealth Management Program Intern in Beverly Hills, CA
Recommends
Positive Outlook
No opinion of CEO

I worked at Merrill Lynch as an intern (Less than a year)

Pros

- *Very* dependent on the wealth management adviser you work under and how much responsibility he/she is interested in giving you, as it is a very personal/non-standardized structure with much flexibility
- For me, this was a pro as I was given a solid amount of responsibility doing equity research for investment opportunities and learning the Bloomberg Terminal (very valuable as a rising sophomore), but YMMV
- Very flexible hours with only 20 hours per week/3 days per week, but again YMMV based on your manager
- Although minimum wage, still make money

Cons

- Still a not insignificant amount of grunt work, specifically filing and updating binders and Excel spreadsheets
- Only paid minimum wage
- Work was often sporadic and somewhat random, but YMMV as always
- Didn't get to sit in on very many client/firm meetings

Other Employee Reviews for Merrill Lynch

  1. "Depends on your view of what a management team should be comprised ."

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

    Pros

    Best Professional Training and great resources to build business

    Cons

    Management at times can be non existent

    Advice to Management

    None


  2. Helpful (2)

    "Think Twice before entering PMD program"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - PMD FA in Charlotte, NC
    Former Employee - PMD FA in Charlotte, NC
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    Lots of time away from Home

    Cons

    Lots of Time away from Home

    Advice to Management

    Cold Calling is not the only way to find business


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

See Most Recent

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