Morgan Stanley Reviews in New York City, NY | Glassdoor

Morgan Stanley New York City Reviews

Updated May 24, 2017
1,348 reviews

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New York City, NY Area

1,348 Employee Reviews

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Pros
  • Work-life balance is the best out of any job I have seen (in 301 reviews)

  • Great work environment and people (in 269 reviews)

Cons
  • work life balance is not very good (in 293 reviews)

  • Long hours to establish business; longer time to establish clientele would be helpful (in 333 reviews)

More Pros and Cons

  1. "Worked relentlessly to ensure customer satisfaction and speedy processes every day."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Finance Analyst in Brick, NJ
    Former Intern - Summer Finance Analyst in Brick, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Morgan Stanley as an intern (Less than a year)

    Pros

    To gain knowledge about financial analysis to better aid investment decisions in the future. Research is key to smart investments, higher profits, and returning investors.

    Cons

    Trying to analyze all information coming in from various sources to make a decision. Also, it is tough to filter out valid information and find which news will actually impact financial decisions for the short-term or the long term.

    Advice to Management

    The more research, the better.


  2. Helpful (3)

    "Annoyingly Corporate environment, would be more enjoyable if everyone would take it for what it was. A dead end job."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time (More than 5 years)

    Pros

    Nice people at heart. Some actually care about you personally. Decent vacation policy and they are compassionate when you are sick.

    Cons

    Passive Aggressive management style. Daycare environment. Managers who do wrong but point fingers at others to distract from them doing the exact same things.

    Advice to Management

    Treat employees like adults and not children. Could do without the silly "Awards" ceremonies and "Pizza Parties".

    If people finish their work and it's 4PM with the likelihood of anything else of substance materializing before 5pm being practically zero, then allow people to use their judgement to go home you know they can always remote in.

    When the firm's strategy is openly..."no you will not make more money and if you don't like it then leave" the least they could do is not treat grown men and women like children.

    Also, as a matter of principal. No first year starting Analyst should ever make more money than their Manager. The team will obviously find out and lose complete and utter confidence in the business and everyone around them. Kids coming into their first year working out of school should never make more money than someone who has been on the same team and is 2-3 promotions ahead of them. I know recruiting for the Analyst program is important...but not as important as the people already established and bringing action to the table. People are not supposed to discuss salary but when you aren't paying employees and they are disgruntled they will talk.

    Cutting costs is important and obviously it's done for the shareholders, but you it will come back to bite you if you cut all the knowledgeable guys.

    If people are not good at their job, show no signs of improvement and seemingly don't care if they improve or not...fire them. Is this not how it is supposed to go?

    Just like any Finance job, you will deal with great people and you will deal with nightmares. All in all, if you want to work somewhere that has no opportunity for advancement, enjoys passive aggressive methods of conflict resolution, prefers those that are really good at being "yes men", and want you to firmly bury your head in the sand...by all means, go work here. If you have a personality...go work anywhere else.


  3. Helpful (2)

    "Investment Performance Analys"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Morgan Stanley full-time (More than 3 years)

    Pros

    Exposure to the front office.

    Cons

    A lot of management issues, no one seems to know what they are doing. Extremely low morale within the teams - almost 100% turnover rates within a year. Low pay in comparison to the industry average.

    Advice to Management

    Start paying competitive wages to attract and retain talented individuals.


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  5. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in New York, NY
    Former Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook

    I worked at Morgan Stanley full-time (More than a year)

    Pros

    Big company. Have opportunities to work with different teams and people

    Cons

    Too much politics. The different teams work for similar projects


  6. "One of the better corporate sites to work in"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Computer Nerd in New York, NY
    Current Contractor - Computer Nerd in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Morgan Stanley as a contractor (More than a year)

    Pros

    Good managers, better coworkers. These are the type of people you keep in contact with after your contract is up. You are judged on the quality of your work as opposed to politics. Best of all, you are not looked down upon for asking question

    The cafeterias are pretty awesome, but pretty much cycle through the same stuff after a while.

    Cons

    Kind of wish the contracts last longer. On the plus side if you do good work, you are welcomed back for upcoming contracts because you will be remembered. Not much of a bad thing is it?

    Advice to Management

    Not much advice since they already treat people well


  7. "Integration Engineer"

    Star Star Star Star Star
    Current Employee - Integration Engineer in New York, NY
    Current Employee - Integration Engineer in New York, NY

    I have been working at Morgan Stanley full-time (More than 3 years)

    Pros

    Lost of smart people. Good management.

    Cons

    Stressful. Office politics. Hard to achieve career development.


  8. "Great place, full of smart people"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Morgan Stanley full-time (More than 10 years)

    Pros

    People are generally very smart and good at what they do
    More client-focused and collaborative than some other Wall St. firms
    For the most part it's a meritocracy - the best people are recognized, rewarded

    Cons

    Compensation isn't what it used to be, many people haven't seen a raise since 2007
    Like any big company, the culture can be uneven from group to group


  9. "Morgan Stanley"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Project Manager in New York, NY
    Former Employee - Senior Project Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Morgan Stanley (More than a year)

    Pros

    This is a great workplace where you can find a great mix of people with different culture and background. A lot of smart people working on ambitious projects.

    Cons

    The compensation at Morgan Stanley are not always competitive with the market and the big corporation in the same sector.


  10. "Associate, Wealth Management Operations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate, Wealth Management Operations in New York, NY
    Current Employee - Associate, Wealth Management Operations in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Morgan Stanley full-time (Less than a year)

    Pros

    competitive salary package, vocation package is good

    Cons

    Should have better computers, or should consider given employees laptops

    Advice to Management

    Should have better communication between departments.


  11. "Loved the firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends

    I have been working at Morgan Stanley full-time (More than a year)

    Pros

    Great company and people are passionate about their jobs.

    Cons

    Can be long hours, need to be prepared for high demanding environment


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