Merrill Lynch Reviews | Glassdoor

Merrill Lynch Reviews

Updated September 19, 2017
2,072 reviews

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2,072 Employee Reviews

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Pros
  • They promote and encourage work life balance (in 97 reviews)

  • Friendly colleagues; Dynamic environment; Was offered rotational program so I learned a lot of stuffs (in 73 reviews)

Cons
  • Aggressive work life balance, highly dependent on team structure (in 52 reviews)

  • Long hours; work itself is not very interesting (in 84 reviews)

More Pros and Cons

  1. "PMD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Merrill Lynch full-time

    Pros

    Decent Pay, Good Team, Tons of Work Benefits

    Cons

    No help with studying when needed. Higher ups are worried more about the bottom line than training you to get better.

    Advice to Management

    Teach and train new hires better.


  2. "Easy Environment to work in"

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

    Pros

    From my experience, help isn't hard to find when needed. The atmosphere was very relaxed and I gained an incredible experience within their Financial Advisory team.

    Cons

    Sometimes it can be too 'corporate' for my taste as many obstacles stand between your work and progress.

  3. "Great place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Senior Client Associate in Atlanta, GA
    Former Employee - Registered Senior Client Associate in Atlanta, GA
    Recommends
    No opinion of CEO

    I worked at Merrill Lynch full-time (More than 8 years)

    Pros

    Great pay, great benefits, great training.

    Cons

    There is some backstabbing and cliqueness from the female staff.


  4. "Financial Advisor Intern"

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

    Pros

    Good first experience in the office life
    Good mentors around the office, people willing to help
    Access to ML research & data
    Lots of down time to self-learn

    Cons

    BofA structured program was a waster of time
    Wasn't very busy at times, so had to do grunt work around the office

    Advice to Management

    Make it relevant to people who don't want to become FAs


  5. "PMD Program"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Training, resources, entrepreneurial, team, flexible hours

    Cons

    There are none as of now


  6. "Registered Representative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Registered Representative in Atlanta, GA
    Current Employee - Registered Representative in Atlanta, GA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Merrill Lynch full-time (More than 10 years)

    Pros

    It is the number one broker on Wall Street

    Cons

    None that I have discovered.

    Advice to Management

    I will out preform all other brokers from the start!


  7. "AVP Operations"

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

    I worked at Merrill Lynch full-time

    Pros

    Very flexible managers and coworkers, so long as the work gets done

    Cons

    Some individuals adopt the "not my duty, not my problem" attitude. Different business units can sometimes be at odds

  8. "Financial Advisor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The training is top of the line and they provide great support for getting licensed.
    The people are great.
    The resources for clients are some of the best in be industry.

    Cons

    Production goals are relatively aggressive, especially in smaller markets.
    Banking products offered by Bank of America are difficult to get people To by into if you are "out of market" or don't have a banking center near


  9. "Retirement Benefits CSR"

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

    I worked at Merrill Lynch full-time

    Pros

    Benefits, team environment, ability to grow with the company

    Cons

    sometimes there is micromanagement within the dept.


  10. "A slow bleed."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Oklahoma City, OK
    Former Employee - Financial Advisor in Oklahoma City, OK
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Potential for very good income. Offices usually are nice. Most of the folks working there are good people. Food brought in all the time.

    Cons

    Not what it used to be. This applies to. The entire industry but Merrill is still feeling the effects of being owned by a bank. Was good until regulatory environment got out of hand. This company tends to go way overboard when developing ways to comply with regulations.

    Advice to Management

    Advisors have no time to visit with clients.


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