Morgan Stanley - Awful. Firm would not permit me to use my advanced financial skills trading billions per week in FX, or options/futures. | Glassdoor
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Helpful (3)

"Awful. Firm would not permit me to use my advanced financial skills trading billions per week in FX, or options/futures."

StarStarStarStarStar
Former Employee - Financial Advisor
Former Employee - Financial Advisor
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

Salary while training for basic Series 7, 66 etc.

Cons

My advanced skills were effectively thrown in the garbage, even after transferring my CTA registration to the firm. The local office of the firm wanted me to sell mutual funds, not permitted to talk to corporate treasurers like I used to do, or do any sophisticated financial transactions in FX, futures or options, EVEN FOR MY OWN ACCOUNT. DO NOT WORK in retail brokerage if you are a former bank trader of billions per week. Local office of firm also refused to transfer me to a more appropriate venue in New York which could use this skill set.

Advice to Management

Get a clue.

Other Employee Reviews for Morgan Stanley

  1. "great"

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

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

    Pros

    hard work, political work enviroment

    Cons

    hard work, low pay, bust my butt for management

    Advice to Management

    pay more


  2. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor Associate in West Palm Beach, FL
    Current Employee - Financial Advisor Associate in West Palm Beach, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great support and team culture fostered. Company provides growth opportunities and great benefits. Plenty of resources available to become successful. Flexible work life balance. I would recommend this company if you are truly serious about starting a career a financial advisor. 401k and insurance benefits are great.

    Cons

    The computer systems are a little bit dated. Software could be upgraded that would allow for more efficient time management. Recent improvements have been made but more is necessary.

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

See Most Recent

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