Merrill Lynch Reviews | Glassdoor

Merrill Lynch Reviews

Updated September 22, 2017
2,076 reviews

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2,076 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. "Review of Job"

    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

    Pros

    Great Culture, and great people

    Cons

    Not many cons to the job.

  3. "Good Management, bad work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Chief Technology Officer in Bengaluru (India)
    Current Employee - Chief Technology Officer in Bengaluru (India)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Very supportive management and bosses

    Cons

    Work is repetitive and can get boring after a few months


  4. "Former Part-Time Employee / Student"

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

    I worked at Merrill Lynch part-time

    Pros

    Hard working culture that promotes education and provides numerous opportunities to do so.

    Cons

    Aggressive work life balance, highly dependent on team structure.


  5. "Global Wealth Management Intern"

    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

    Great people, established company, great management team

    Cons

    Slightly disorganized, did not have work for me to do


  6. "Senior Vice President"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Merrill Lynch full-time

    Pros

    Unparalleled Breadth of Services is the key. One of the best research and resources. Always ahead of the curve.

    Cons

    I do not see any if you want to be in financial services


  7. Helpful (1)

    "I'm more impressed with each passing year"

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

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

    Pros

    The number one pro is that I actually feel valued by my employer beyond my salary. Management has consistently gone way above and beyond for support staff. They will let you adjust your schedule within reason for daycare, they never give you a hard time about calling in sick, and they will even walk you through how to take advantage of your benefits to the maximum degree. I value my co-workers and managers as an integral part of my life.

    Tangible benefits:
    -Daycare reimbursement (240 per month)
    -Lots of PTO (10 holidays, 10 sick/personal days, 15 vacation days starting out) and half days before most holidays.
    -Competent Management
    -Tuition Reimbursement
    -37.5 hour work week
    -Good clients

    Cons

    -If you start in a support staff role the next tier of advancement is a big leap.
    -FAs don't understand what you do and can tend toward unreasonable expectations
    -It is very stressful even in a support role.
    -You won't want to take your PTO. Management will never give you a hard time, but you will realize that when you leave the work will pile up while you're gone, and fast. It can make it hard to enjoy a vacation unless you have a solid backup.

    Advice to Management

    Keep up the high standards for those who join your ranks. The Seattle market has good people across the board in management.

  8. "AVP"

    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

    Good Approach - Do it yourself, no unnecessary meetings.

    Cons

    Working Hours are to long.


  9. "positif"

    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

    experience dynamisme leadership ouverture connaissance

    Cons

    a fermé n'existe plus bien qu'employeur de choix

    Advice to Management

    bonne chance et continuez


  10. Helpful (1)

    "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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