Morgan Stanley - Meritocracy? More like mediocracy | Glassdoor
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There are newer employer reviews for Morgan Stanley

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Helpful (3)

"Meritocracy? More like mediocracy"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Operations Associate in New York, NY
Current Employee - Operations Associate in New York, NY
Doesn't Recommend
Negative Outlook
No opinion of CEO

I have been working at Morgan Stanley full-time

Pros

The few high performers that you do come across are truly exceptionally

Cons

Meritocracy is not a concept that management is familiar with. Any employee, regardless of talent or performance, working on "pet" initiatives, is considered to be valuable asset. Promotion is next to impossible if you're not in the "right" roles. Internal mobility is a joke because you cannot apply for the next level up - how does that encourage professional growth within a firm? If you are looking to kill your ambitions, apply now.

Advice to Management

Think of ways to keep and develop your high performers, unless the long term plan is to end up with a bigger mediocre majority that talks more than works.

Other Employee Reviews for Morgan Stanley

  1. "Rookie advisor received great training, long lasting relationships."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor
    Former Employee - Financial Advisor
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Morgan Stanley full-time

    Pros

    As a rookie, great training and access to top planning software and other technology. The breadth of product and platform offerings is staggering. My office housed experienced top advisors and were accessible nearly to no end, without them I would have had nothing. Overall a great position assuming you join the right branch.

    Cons

    The back office without question, my particular office flipped the standard for serving the advisors. They believed the advisors existed to serve them. Morgan Stanley, at the time was transitioning to cutting low producing advisors and dealing with advisors leaving in mass with the purchase of Smith Barney, and maybe my experience was a timing thing.


  2. Helpful (1)

    "difficult environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Communications in New York, NY
    Current Employee - Marketing Communications in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I have been working at Morgan Stanley full-time (More than 8 years)

    Pros

    Great culture - good work life balance - nice people

    Cons

    There have been so many RIFs that a lot of historical knowledge has been lost. Morale is low.

    Advice to Management

There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

See Most Recent

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