Merrill Lynch - Financial Advisor | Glassdoor
There are newer employer reviews for Merrill Lynch
There are newer employer reviews for Merrill Lynch

See Most Recent

Helpful (1)

"Financial Advisor"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Financial Advisor in Memphis, TN
Former Employee - Financial Advisor in Memphis, TN
Recommends
Positive Outlook
Approves of CEO

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

Pros

Excellent investment company offering broad range of investment services. The training program at Merrill Lynch is excellent for new advisors studying for their licensing to become a broker. Merrill offers investment products as good or better than anyone in the financial services industry.

Cons

The investment market is very challenging and it takes quite some time build a large book of business cacapable of generating substantial income.

Advice to Management

I would suggest additional support for new advisors in setting up speaker programs for potential clients. It is a great tool that is underutilized by new advisors.

Other Employee Reviews for Merrill Lynch

  1. "Private Wealth Management Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Wealth Management Intern in Brea, CA
    Current Intern - Wealth Management Intern in Brea, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Merrill Lynch as an intern (Less than a year)

    Pros

    It was great to have it on my resume, but don't expect much because there are a lot of cold calling and paper pushing. Not the best to stay at if you are not expecting to be in this field

    Cons

    It really depends on your supervisor. I was lucky to have a good supervisor who really took the time to explain everything to me.

    Advice to Management

    Have a more structured training program for the interns instead of just using them to push papers and cold call.


  2. "Solid internship experience (private wealth management)"

    StarStarStarStarStar
    • 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

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

See Most Recent

Work at Merrill Lynch? Share Your Experiences

Merrill Lynch
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or