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Merrill Edge Reviews

Updated February 14, 2018
377 reviews

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3.0
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David Darnell
135 Ratings

377 Employee Reviews

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Pros
  • Good pay, good benefits, opportunity to get licensed (in 30 reviews)

  • company will sponsor you to take the series 7 and 66 (in 14 reviews)

Cons
  • Call center, adherence to schedule, clientele (in 40 reviews)

  • Don't build your own book of business (in 12 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great First Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very fun and friendly office culture. Paid time in classroom to study for licensing. Management is very helpful. Great benefits and straight forward expectations. Met many life long friends. Top producers are highly compensated.

    Cons

    The role is a sales position but you can very easily get stuck with customer service tasks. Your customer survey scores resulting from tasks outside of sales can greatly impact your commission payouts.


  2. "Company is great! You can move up as fast as you want if you work for it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Specialist in Rolling Meadows, IL
    Current Employee - Investment Specialist in Rolling Meadows, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Merrill Edge full-time (Less than a year)

    Pros

    Small company feel, with big company benefits. It is perfect because of the business that is brought in by Bank of America

    Cons

    Can get rough shifts, but it is only temporary, shift bids happen every few months and you typically move to more convenient hours

  3. "Merrill Edge Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Edge full-time

    Pros

    Rapidly growing affluent wealth management and self directed business. Competitive incentive and salary.

    Cons

    Operational inefficiencies due to rapid growth.


  4. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Specialist
    Current Employee - Investment Specialist

    I have been working at Merrill Edge full-time (More than a year)

    Pros

    Good opportunity for growth within company

    Cons

    Lack of teamwork across departments


  5. "Title"

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

    I have been working at Merrill Edge full-time (More than 3 years)

    Pros

    Really cares about the clients

    Cons

    Same with anywhere - some people avoid responsibility

    Advice to Management

    Keep trying


  6. "Financial advisor without investment decision making"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Solutions Advisor in Washington, DC
    Current Employee - Financial Solutions Advisor in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Merrill Edge full-time (More than a year)

    Pros

    Platform, logistics, research, products. Employee benefits are fantastic and many resources available. Discounts on everything financial and access to Bank of America products

    Cons

    Heavy focus on banking. You’re treated like a banking associate with licenses sometimes. Without an ability to build portfolios and outside sales, you’re beholden to your one area.

    Advice to Management

    Let FSAs do outside sales and focus on investment


  7. "Retirement Help Desk"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Consultant in Providence, RI
    Former Employee - Investment Consultant in Providence, RI
    Doesn't Recommend
    Negative Outlook

    I worked at Merrill Edge full-time (More than 10 years)

    Pros

    Benefits, sponsored to get licensed,

    Cons

    too many changes happen without enough review and associate training. no one seems to know what is going on half the time.

    Advice to Management

    better training

  8. "Good Overall Experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Edge full-time

    Pros

    Upward mobility. Resources and support available to improve performance.

    Cons

    Constantly changing sales goals makes consistent bonus payout challenging.


  9. Helpful (1)

    "I've worked at worse places"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Solutions Advisor in Hunt Valley, MD
    Current Employee - Financial Solutions Advisor in Hunt Valley, MD
    Recommends
    Neutral Outlook

    I have been working at Merrill Edge full-time (More than 3 years)

    Pros

    Work hard will be able to make solid amount of money
    Upward Mobility is easily shown throughout company
    Hard work is rewarded and recognized

    Cons

    Constantly changing and messing with our comp structure and then we have to spend time challenging for work we already did
    Poor Managers in Most Locations
    Executive Level Management completely blind to impacts on line managers

    Advice to Management

    Stop constantly trying to screw us


  10. Helpful (8)

    "great for getting licensing, horrible job environment!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Solutions Consultant
    Former Employee - Financial Solutions Consultant
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    insurance included
    competitive pay
    you get licensed (7+66)
    paid to study for licensing

    Cons

    -worse company training of received from any company i've worked for
    -my manager provided no assistance and was never available for client escalation

    Advice to Management

    PROPERLY train the employees and give them more attention to learn all solutions that the firm offers!


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