Morgan Stanley - The Wirehouse Conundrum | Glassdoor
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There are newer employer reviews for Morgan Stanley

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Helpful (3)

"The Wirehouse Conundrum"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Advisor in Los Angeles, CA
Current Employee - Financial Advisor in Los Angeles, CA
Doesn't Recommend
Neutral Outlook
Disapproves of CEO

I have been working at Morgan Stanley full-time (More than 5 years)

Pros

* It's rewarding to work with and help clients.
* You can literally build your own business within a business.
* There is a lot to learn to enhance your own peronal wealth building.
* You meet some pretty interesting people with dynamic and varied backgrounds.

Cons

* Success in this business is very difficult.
* The ability to build a business to a level of high compensation takes a lot of time and perserverance..
* The interests of the firm, the client, the shareholder, and the employee are rarely aligned.

Advice to Management

* Pay the new hires well, and for a longer period of time. Give people a chance to buld a business.
* Senior Management should not have executive roles until they have actually been a wealth advisor
  and have built a book of business.
* Conduct and maintain a formal level of training for new hires, in all positions.

Other Employee Reviews for Morgan Stanley

  1. "Amazing Culture, Amazing Growth Potential"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time (Less than a year)

    Pros

    The culture is great. People feed off each other and provides for great opportunities to learn and grow your career

    Cons

    Sometimes the corporate culture can be a bit overwhelming for someone with no prior corporate experience


  2. "Don't Bother With MS"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Executive Director in New York, NY
    Former Employee - Executive Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Morgan Stanley full-time (Less than a year)

    Pros

    Large big name bank with International exposure. Good place for grads.

    Cons

    This company is all about the bottom line regardless of the quality of their product. No concern for their employees.

    Advice to Management

    A great company needs great people, cost cutting has it's limits when you give up all your experience for lower expenses. Reinstitute 360 degree interviews.

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

See Most Recent

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