Morgan Stanley - Great first job out of school, lots to learn | Glassdoor
There are newer employer reviews for Morgan Stanley
There are newer employer reviews for Morgan Stanley

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"Great first job out of school, lots to learn"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Research Associate in New York, NY
Former Employee - Research Associate in New York, NY
Recommends
Neutral Outlook
No opinion of CEO

I worked at Morgan Stanley full-time (More than 3 years)

Pros

Great training platform on financial analysis, company analysis, valuation, industry dynamics
Can have immediate impact on quality / differentiation of product (research opinion)
Lots of smart people around
Good pay

Cons

Some bureaucracy
Little work-life balance (for the first few years out of school)
After a few years, kinda learned most about an industry and work start to become routine / maintenance.

Other Employee Reviews for Morgan Stanley

  1. Helpful (2)

    "Horrible place to work, unless you like ripping off your clients."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Client Service Associate in Tampa, FL
    Former Employee - Registered Client Service Associate in Tampa, FL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The pay was good, office hours were good and the management was nice to work for.

    Cons

    I worked at their Client Advisory Center which was a big title for a call center. Morgan Stanley is a horrible company to their smaller net worth clients. If you had less than $100,000 invested with them, their local financial advisors no longer got paid anything for them so they were encouraged to send them to the call center. The smaller customers get ripped off completely with very high low balance fees and terrible customer service. The training was horrible, and the ethics of Morgan Stanley are non-existent. Many of the smaller net worth clients were not very financially educated and Morgan Stanley took advantage of this. We were not allowed to tell them about the fees they were getting charged, only if they happened to look at their statement and notice the rip off. If we brought the fee structure up to the customer we could get fired. They charged these outrageous fees and hoped the customers would ignore their statements or just not savvy enough to figure it out. Horrible horrible company to work for and worse for their unwitting clients.


  2. Helpful (1)

    "Wealth Management -- Financial Adviser Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Chicago, IL
    Former Employee - Financial Advisor in Chicago, IL
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training, unlimited resources, free reign to build your book

    Cons

    Name recognition a detriment with accounts under $1M, you must build your book fast and you must have a huge pipeline ready to drop before your production date.

    If you fail out it's because you underestimated client acquisition and the sales cycle.

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

See Most Recent

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