Morgan Stanley Reviews in Purchase, NY | Glassdoor

Morgan Stanley Purchase Reviews

Updated July 21, 2017
30 reviews

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Purchase, NY

2.7
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Morgan Stanley CEO James P. Gorman
James P. Gorman
11 Ratings

30 Employee Reviews

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Pros
  • This division specifically offers great work-life balance (in 337 reviews)

  • Work environment with other industry veterans (in 302 reviews)

Cons
More Pros and Cons

  1. "Challenging and stimulating work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Private Wealth Management Analyst in Purchase, NY
    Current Employee - Private Wealth Management Analyst in Purchase, NY
    Recommends
    Approves of CEO

    Pros

    Intellectual capital, ideaflow, level of expertise among colleagues

    Cons

    voltility in the markets carried into job

    Advice to Management

    they are very receptive to young ideas and perspectives, commendable


  2. "An excellent company to work for. Opportunities abound for quality people who know how to get things done."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in Purchase, NY
    Current Employee - Executive Director in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time (More than 10 years)

    Pros

    Great people. Excellent Medical/dental etc.

    Cons

    Financial Services Industry is not well received by main street at the moment.

  3. "I have spent 10+ years at Morgan Stanley (and I am a woman), climbing the the ladder from an entry level position."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Exeve Director in Purchase, NY
    Current Employee - Exeve Director in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Morgan Stanley full-time (More than 10 years)

    Pros

    This is a meritocracy where talent and harwork are rewarded. There are scores of mobility opportiunities and career development offerings. Diversity is sinceerely embraced here. Nothing feels forced. I especially appreciate their commitment to women and the developement of their careers.

    Cons

    Compensation is fair, but certainly not on a par with Goldman Sachs. But on the plus side, you may actually have a life while working here.

    Advice to Management

    Keep up the good work.


  4. "Great company. Meritocracy. Diverse culture of excellence."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in Purchase, NY
    Current Employee - Executive Director in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Morgan Stanley is committed to diversity. They are very supportive of developing new careers. Access to senior management. Will help and encourage you to get involved in locally to "give back." An outstanding brand. A company you are proud to work for.

    Cons

    Not a Con- But setting expectations: New employees (especially those out of college) need to be prepared to work their way up the ladder. If you expect to come in and be treated like a Managing Director with direct access to the CEO, you will be dissapointed (And you are maybe a bit dillusional).

    Advice to Management

    Keep up the good work.


  5. "Rewards Good Talent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Purchase, NY
    Current Employee - Vice President in Purchase, NY
    Recommends
    Positive Outlook

    I have been working at Morgan Stanley full-time (More than 8 years)

    Pros

    - Networking Opportunities
    - Promotion Opportunities
    - Talented Staff

    Cons

    - None to report at this time


  6. "Great FICC capital markets starting ground for first 3-5 yrs. Freedom to advance in sales or trading."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Trader in Purchase, NY
    Former Employee - Sales Trader in Purchase, NY
    Recommends
    No opinion of CEO

    Pros

    Opportunity to take your career in any direction you want within capital markets. There's a seat for every product with real front office responsibility and experience.
    Great launching pad to land a more specialized role with higher pay once you figure out your career goals.
    Work life balance and great people to work with
    Take care of their people with comp and benefits

    Cons

    Retail focus... second in line to institutional business
    Paid 20% below street (but still paid well)
    Management turning desk into agency business and a lot of red tape

    Advice to Management

    Be more transparent with employees
    Better pay based on merit
    Don't roll over into an agency desk


  7. "I spent close to 5 years with MS/MSSB, the Joint Venture ruined it all, it created conflicts..."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Various Roles in Purchase, NY
    Former Employee - Various Roles in Purchase, NY
    Recommends
    No opinion of CEO

    Pros

    Career advancement opportunities, benefits are good, too bad they discontinued the ESPP (again, because of the JV)

    Cons

    Compensation is not as good as other companies on the street

  8. "Great culture with opportunity’s everywhere"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Purchase, NY
    Current Employee - Sales Associate in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Morgan Stanley went through some tough times during the financial crisis, as did the rest of the industry. With the joint venture behind them it really feels like the company is gaining momentum and heading in a positive direction. The work environment is positive and the people are great.

    Cons

    Morgan Stanley might pay on the lower end (not really sure because I am just relying on hearsay). People always tell me I would be making more money if I left the firm but in my experience the grass is always greener on the other side.


  9. Helpful (1)

    "Many opportunities if you work hard."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President, Product Management in Purchase, NY
    Current Employee - Vice President, Product Management in Purchase, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Senior management team is excellent. There is alot of mobility if you work hard and go after it.

    Cons

    Compensation is not very competitive.

    Advice to Management

    It's not 2009 anymore, you need to provide better financial incentive.


  10. "Great culture and employees"

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

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

    Pros

    Good culture and people
    Good work-life balance
    Good senior management leadership

    Cons

    Should provide specialized training courses available to all employees
    Reverse commute to Purchase, NY
    Minimal pay raise and bonuses


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