Morgan Stanley Reviews in New York City, NY | Glassdoor

Morgan Stanley New York City Reviews

Updated February 25, 2017
1,302 reviews

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New York City, NY Area

1,302 Employee Reviews

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Pros
  • Work-life balance is the best out of any job I have seen (in 289 reviews)

  • Challenging work environment that keeps you on your toes (in 253 reviews)

Cons
  • The work-life balance is similar to that of other banks (in 276 reviews)

  • Long hours to establish business; longer time to establish clientele would be helpful (in 322 reviews)

More Pros and Cons

  1. "Analyst"

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

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

    Pros

    Enjoyed working with very talented people.

    Cons

    Working late four times a month.

    Advice to Management

    Listen to the employees for new ideas.


  2. Helpful (1)

    "Great Manager"

    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
    Positive Outlook
    No opinion of CEO

    Pros

    With any company, its all about who you work for. I had a great manager. He pushed for you to succeed and created opportunities for you to grow within the firm whether you wanted them or not. He was flexible with vacations and work from home. The maternity leave policy is also one of the best and I was able to extend my time off without and issue.

    Cons

    Salary and bonus' are not great. Sometimes years salary increases are nil. The company is also very political, you have to network all the time and brown nose if you want to advance.


  3. Helpful (2)

    "Investment Banking Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in New York, NY
    Current Employee - Investment Banking Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Prestige, smart analysts, exit opportunities, free dinner (because you work all night), taxi rides home after 10pm

    Cons

    No work-life balance, long hours, grunt work, poor culture, firm doesn't care about its people

    Advice to Management

    Focus on making employees happy and more flexibility


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  5. "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operational Risk Management Associate in New York, NY
    Current Employee - Operational Risk Management Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good place to learn, perfect for graduates

    Cons

    Management & employee unstability and non-multicultural environment


  6. "Morgan diverged from Stanley"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - IT in New York, NY
    Current Employee - Vice President - IT in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time (More than 5 years)

    Pros

    CEO is visionary.
    Business is well connected with Policy makers so can survive any recession.
    Business can pretty much manage without IT.
    Very good in managing PR and branding.
    Excellent place to learn corporate politics.

    Cons

    There are 2 organization inside Morgan & Stanley both terrible however one is worse than other. Your experience depends on which part you belong. IT is more like a toilet in a mansion. There is profiling everywhere & no place to dissent. Management culture like my way or highway no discussion on critical issues. High velocity ZERO displacement workplace. Open culture is hollow & only exists on paper. Titles are just eyewash don't count on it it means NOTHING of course it comes for free from management point of view. Thousands and thousands of Executive/Managing Directors are there to just say YES BOSS with no voice of their own. Internal culture is SICK. Your have been warned join at your own risk.

    Advice to Management

    Fire the entire mid level management in IT. They have nothing to deliver. Learn quickly and move fast before things become unsalvageable.


  7. "compliance"

    Star Star Star Star Star
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    people, cooperation, attempts to portray a good image, experience completely depends on department and role

    Cons

    hierarchy, decrease in benefits, cost cutting, red tape, insecurity, lack of recognizing talent, promotions are political, merit doesn't mean much

    Advice to Management

    reward merit


  8. Helpful (3)

    "Associate"

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

    I worked at Morgan Stanley (More than a year)

    Pros

    Work-life superior, Military Supportive, Pay and benefits excellent. Many opportunities for growth and moving around business units. Ability to work independently as well as within teams.

    Cons

    High stress, evaluations not often delivered, lack of communication regarding career advancement opportunities.

    Advice to Management

    If an employee comes to you to discuss career growth be a manager and lead the employee to the path of advancement. Provide evaluations and do it in a timely fashion. Provide guidance and highlight contributions and areas of development. It is critical to an employers performance. Employees should never be in the dark in their performance and contributions.


  9. "Nothing Great"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President/Financial Consultant in Livingston, NJ
    Former Employee - Vice President/Financial Consultant in Livingston, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Morgan Stanley full-time (More than 8 years)

    Pros

    Terrific name to use as an entry in any door. U have everything u can possibly need ....from product to top Traders to Helplines.

    Cons

    Payout is low. Getting someone to help is tough sometimes. It is a big place. U can get lost.

    Advice to Management

    Put a little more care into the middle level brokers. U ignore them. Raise payout to Brokers. Remove some of the impediments to selling.


  10. "Client Onboarding"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    Current Contractor - Anonymous Contractor in New York, NY
    Current Contractor - Anonymous Contractor in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great environment to work.
    Very smart people

    Cons

    Bureaucracy
    Too big company to learn the business processes well


  11. Helpful (2)

    "What's the future of MS?"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Briarcliff Manor, NY
    Former Employee - Anonymous Employee in Briarcliff Manor, NY

    I worked at Morgan Stanley (More than 5 years)

    Pros

    Company still has vestiges of it's vaunted culture in place, but that is changing. Compensation is good upon entry.

    Cons

    Strategy very unclear, and once you are in the door, be prepared to be paid down for the rest of yoyr career.



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