Merrill Lynch Reviews | Glassdoor

Merrill Lynch Reviews

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Found 2561 reviews

3.7
StarStarStarStarStar
Rating TrendsRating Trends
64%
Recommend to a Friend
90%
Approve of CEO
Merrill Lynch CEO Brian T. Moynihan
Brian T. Moynihan
810 Ratings
Pros
  • "Extraordinary pay considering good work-life balance (at least for interns)(in 122 reviews)

  • "Learned a lot from the Wealth Management Advisor's during my time there(in 81 reviews)

Cons
More Pros and Cons
  1. Featured Review
    Helpful (1)

    "Great place to learn"

    StarStarStarStarStar
    • Overall
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Wealth Management Intern in Washington, DC
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Merrill Lynch for more than a year

    Pros

    Intern to a large group of FAs & CAs. Pros: Plenty of mentors available and willing to help. Good school/work balance. A variety of experiences. Friendly culture.

    Cons

    A good deal of assignments are admin--filing, scanning, mailing, etc.

  2. "Good place"

    StarStarStarStarStar
      Current Employee - Anonymous Employee 

      I have been working at Merrill Lynch full-time

      Pros

      Nice vacation days and good coworkers

      Cons

      Sometimes guidelines are not clear

    • "Client Associate"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Anonymous Employee 
      Approves of CEO

      I have been working at Merrill Lynch part-time for more than 2 years

      Pros

      Really good resources to help further development

      Cons

      Confusion between line of businesses

    • "Good pay"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Registered Senior Client Associate 
      Recommends
      Positive Outlook
      Approves of CEO

      I worked at Merrill Lynch full-time for more than 20 years

      Pros

      Good pay and health insurance

      Cons

      Poor management. Managers who only care about meeting goals

      Advice to Management

      Hire better managers who care about their employees

    • "Registered Client Associate Review"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Registered Client Associate in Chicago, IL

      I have been working at Merrill Lynch full-time for more than 2 years

      Pros

      It's hard to truly review this role as it is a different role for everyone. Everything COMPLETELY depends on who you work with. Some client associates support multiple FAs who are not on a team. Others work on a team in varying sizes with or without other client associates working with them, which can drastically change what your role is for the team. I personally work on a team of 4 FAs and 2 CAs. I do more of the client...

      Show More

      Cons

      See the "pros" description.

    • "Great Company Overall"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Registered Client Associate 
      Recommends

      I worked at Merrill Lynch full-time for more than 6 years

      Pros

      -Professional atmosphere. -Great benefits. -Company pays for your licenses.

      Cons

      -Low pay, unless you get supplemental compensation from the financial advisors you support. -Overly bureaucratic and complex procedures, hard to do business this way but not impossible.

    • "Great place to work- good work life balance"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Registered Senior Client Associate 
      Recommends
      Positive Outlook

      I have been working at Merrill Lynch full-time for more than 6 years

      Pros

      Great compensation and benefits, the ability to leave work at work. Friendly co-workers and clients

      Cons

      The compliance portion of the job is tedious and can get bring you down.

    • "Financial Services Professional"

      StarStarStarStarStar
      • Overall
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Financial Advisor in Bedford, NY
      Recommends
      Positive Outlook
      Approves of CEO

      I worked at Merrill Lynch full-time for more than 2 years

      Pros

      Great Company and tops in the Industry

      Cons

      With Banc of America a Very Large Company

    • "Better than most"

      StarStarStarStarStar
        Current Employee - Anonymous Employee 

        I have been working at Merrill Lynch full-time

        Pros

        Income was pretty good relative to other firms I've worked at. Benefits pretty solid.

        Cons

        Comp was always changing, and there were several gotcha's in the comp plan.

      • "Good Company"

        StarStarStarStarStar
        • Overall
        • Culture & Values
        • Career Opportunities
        • Compensation and Benefits
        • Senior Management
        Current Employee - Anonymous Employee 
        Doesn't Recommend
        Negative Outlook
        Approves of CEO

        I have been working at Merrill Lynch full-time for more than 4 years

        Pros

        Great platform and specialists to help with the fine details of investing.

        Cons

        Not an inclusive culture for minorities.

      Found 2561 reviews