Merrill Lynch Reviews | Glassdoor

Merrill Lynch Reviews

Updated January 15, 2019
2,494 reviews

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3.6
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Merrill Lynch President & CEO of Bank of America Brian T. Moynihan
Brian T. Moynihan
769 Ratings

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More Pros and Cons

  1. Featured Review

    "Great place to learn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Wealth Management Intern in Washington, DC
    Former Employee - Wealth Management Intern in Washington, DC
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Merrill Lynch (Less 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. "Review Title"

    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 part-time (Less than a year)

    Pros

    great team work. have eliminated red tape to the best of their ability

    Cons

    open communication is sometimes hard depending on your team

    Advice to Management

    create more opportunities for open communication and put some pressure on higher ups to take the points of clarification into consideration

  3. Helpful (1)

    "FADP"

    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

    Ability to get licensed. Extensive training process and good coaching. Access to abundance of resources.

    Cons

    Sales culture and approaches can be uncomfortable for some people. They want you to work a lot of hours.


  4. "Good experience"

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

    I have been working at Merrill Lynch full-time (More than 5 years)

    Pros

    Good brand name, lots of opportunity, experience different areas of the business

    Cons

    Bank culture, penny-wise pound foolish


  5. "Trade"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Current Employee - Anonymous Employee in Phoenix, AZ
    Current Employee - Anonymous Employee in Phoenix, AZ
    Recommends
    Positive Outlook

    I have been working at Merrill Lynch full-time

    Pros

    Good benefits, Low stress, Good managnent overall enjoyed working for the company

    Cons

    Outdated systems, Slow career growth. Hard to move up in the company unless you have been there for a long time

    Advice to Management

    Focus on expanding job opportunity for all levels


  6. "Salary Plus Commissions"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    The firm is great. Hefty goals.

    Cons

    If you can't meet the goals, you are out of the job.


  7. "Registered Client Associate Full time"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time

    Pros

    Great workplace culture, 2018 year end firm wide bonus

    Cons

    Management seems a little out of touch

  8. Helpful (1)

    "Financial Advisor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch full-time

    Pros

    Flexible schedule and unlimited earning potential

    Cons

    Very high turnover rate for new advisors


  9. "Still great company to work with"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Positive Outlook
    Approves of CEO

    I have been working at Merrill Lynch full-time

    Pros

    Competitive salaries and great benenfits

    Cons

    Still part of a bank


  10. "Financial Adviser Training Program"

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

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

    Pros

    great company benefits, unlimited resources available, you just need to know where/how to find them

    Cons

    very little guidance and training

    Advice to Management

    invest more time and effort into young advisers.