Merrill Lynch Reviews | Glassdoor

Merrill Lynch Reviews

Updated July 16, 2018
2,320 reviews

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3.7
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
705 Ratings

2,320 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Financial Advisor"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Lynch full-time

    Pros

    Competitive salary, training, and name recognition that is hardly rivaled by any in the industry.

    Cons

    Training program has a 20% graduation rate. They will not hesitate to fire you for not meeting specific goals.


  2. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time

    Pros

    Excellent training, well-managed portfolios with sufficient oversight and review, excellent Financial Planning tool (Envision).

    Cons

    Too many required "all hands" meetings.

    Advice to Management

    Fewer meetings, more personal career path instruction.

  3. "Financial Advisor Development Program"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Research and Products are great

    Cons

    The Turnover rate is high


  4. Helpful (1)

    "Registered Client Associate"

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

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

    Pros

    Great place to improve and refine your organization and people skills. As a CA, you wear multiple hats, learning to juggle many tasks at the same time and how to prioritize what gets done first.

    Cons

    Turn around time can be slow when it comes to feedback from management.


  5. "Client Associate"

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

    I have been working at Merrill Lynch full-time

    Pros

    Great training resources for new hires

    Cons

    None as of right now


  6. "Great experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Merrill Lynch full-time

    Pros

    Great culture and experience. Excellent skill set taught for future positions in private equity, VC, corporate roles.

    Cons

    Long hours; highly competitive; can be repetitive work


  7. "Client associate"

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

    I have been working at Merrill Lynch full-time

    Pros

    Very good company to work for

    Cons

    None at this time. Very consistent.

  8. "Registered Senior Client Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Senior Client Associate in Westlake Village, Los Angeles, CA
    Former Employee - Registered Senior Client Associate in Westlake Village, Los Angeles, CA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Merrill Lynch is the premier financial services firm for over 100 years.

    Cons

    Bank of America is the parent company.

    Advice to Management

    Every management team I worked under was fantastic.


  9. "Great entry level experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch full-time

    Pros

    Pretty good entry level experience big name to work for

    Cons

    no work cons as of yet


  10. "TFA Program"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Merrill Lynch full-time

    Pros

    - great learning oppotunity
    - good benefits
    - prestigious firm
    - good educational opportunities

    Cons

    - training program was often unorganized in our region


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