Morgan Stanley Reviews in United States | Glassdoor

Morgan Stanley US Reviews

115 reviews

Filter

Filter

United States

115 Employee Reviews

Sort: PopularRatingDate

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. Helpful (1)

    "intern position"

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

    Pros

    very flexible broker, great hours

    Cons

    sometimes there wasn't enough work to do

    Advice to Management

    perhaps provide more feedback to interns


  2. Helpful (1)

    "MSSB Employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Detroit, MI
    Current Employee - Anonymous Employee in Detroit, MI
    No opinion of CEO

    Pros

    Great brand value and large presence in the investment world

    Cons

    Terrible work culture which needs to change

    Advice to Management

    Better transition of morgan stanley + smith barney joint venture

  3. Helpful (4)

    "Revolving Door"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Miami, FL
    Former Employee - Anonymous Employee in Miami, FL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great pedigree
    Great analytical market research
    Benefits were ok
    Some of the sales skill taught were useful but most were a waste of time

    Cons

    This place was churn city, they would take in new FA's and have them bring in all their friends and families money. Once there they would place unbelievably hard asset goals, knowing that just starting out it is nearly impossible to meet the minimum assets under management and then fire the new hire after 10 months, keeping the accounts and distributing them to te top brokers in the office.

    Pay was not adjusted to locality and was almost impossible to live on the salary given while trying to obtain critical mass in assets.

    Advice to Management

    If you want to keep new brokers in the business you need to help them more in the marketing skills department. Telling them to cold call out of the phone book is not a good strategy.


  4. "eCommerce, Project Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate - Retail Intermediary Distribution in New York, NY
    Former Employee - Senior Associate - Retail Intermediary Distribution in New York, NY
    Recommends
    Approves of CEO

    Pros

    Morgan Stanley has a great infrastructure, abundant resources, and the tools to help someone flourish and thrive in their career. The people are also professional, knowledgeable, and open to helping you succeed. The culture rewards hard work and collaboration. You will definitely get back what you put into your work.

    Cons

    There are people who can be abrasive, rude, and overbearing. Also, senior management can be too quiet about upcoming firm changes or reorganizations. During times of market turmoil, the middle managers were conspicuously silent and did not emerge from their offices or cubes.

    Advice to Management

    Be more open to feedback and communication from the rank and file. Also, there is still a lot of work to be done in breaking down silos and facilitating communication and sharing across the different businesses and channels.


  5. Helpful (1)

    "Morgan Stanley"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    Pros

    Respected Institution that provides a difficult interview process to gain admittance to the analyst or associate programs. Worth the headache to get into the sales or trading seats.

    Cons

    Inability to effect change in the day to day of the desk and group you work in because of top-heavy setup.

    Advice to Management

    Look closely at the junior and midlevel talent at the firm and consider the quality of the development and training in place. They are the future of Wall Street and of Morgan Stanley.


  6. Helpful (1)

    "Old MS was ok"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in McLean, VA
    Former Employee - Financial Advisor in McLean, VA
    Doesn't Recommend
    No opinion of CEO

    Pros

    As a FA you have tons of resources at your disposal and the older folks love the socks and stocks memories of Dean Witter.

    Cons

    Headline risk takes a daily toll on morale and with MSSB their are daily negative headlines. Some BM's are incompetent.

    Advice to Management

    Get your head out of your ... Stop catering to the traders and put your actions where your mouths are on the retail channel


  7. Helpful (1)

    "People"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Birmingham, AL
    Current Employee - Financial Advisor in Birmingham, AL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Financially they make a lot of money

    Cons

    Have no regard for employees are treated like a commodity.

    Advice to Management

    focus on clients then employees then company, not the othere way around.

  8. Helpful (1)

    "Internship at Smith Barney Private Wealth Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Chicago, IL
    Former Employee - Intern in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    good name to place on your resume, conveniently located near the train station, leaving for personal appointments is no problem

    Cons

    very old school in terms of management and culture, no ethnic diversity, corporate ladder at its finest, treat you like a robot

    Advice to Management

    no


  9. "Good place to work but long hours required"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst in New York, NY
    Former Employee - Investment Banking Analyst in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Compensation is among the best on Wall Street and the firm has an incredible global platform. Just working for the firm, you can get into a lot of meetings that you wouldn't necessarily otherwise. I have a great financial toolkit after 3 years there, which is saying a lot considering I was a science major in college.

    Cons

    The downsides listed here are not unique to Morgan Stanley - they are applicable to any investment banking analyst position; the hours are long and a lot of it might be "face time", where you are simply sitting at your desk with nothing to do. The work-life balance is really tough to manage....so don't expect to do much outside of the office.

    Advice to Management

    If there was a way to make projects more efficient, that would be ideal. But it's nearly impossible given the competitive nature of the business. Hard to give any real feedback here.


  10. Helpful (1)

    "Open-ended internship for a vice president senior financial advisor within the private wealth management division"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Private Wealth Management Intern in New York, NY
    Current Employee - Private Wealth Management Intern in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Resume builder, great name, room for internal growth, friendly and positive environment

    Cons

    Interning in private wealth management is not quite as educationally stimulating as one may assume. Summer business is slow with a lot of down time. Work is boring and unchallenging.

    Advice to Management

    Give more responsibilities to the interns besides filing, copying, and printing out client statements.


Showing 115 of 5,737 reviews
Reset Filters