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Morgan Stanley

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Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,836 total reviews)
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Ted Pick

80% approve of CEO

73% positive business outlook

Morgan Stanley has an employee rating of 3.9 out of 5 stars, based on 19,836 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Morgan Stanley employee rating is in line with the average (within 1 standard deviation) for employers within the Finanzas industry (3.7 stars).

Reviews by job title

20K reviews
3.0
Jun 10, 2022
Recommend
CEO approval
Business Outlook

Pros

- Good work-life balance - Really liked the team I worked with. People would take proper lunch breaks and chat in the canteen or sometimes go out of the office for lunch. - Pay is reasonably competetive - Great office location in Canary Wharf. Everything you need close by - restaurants, take-away, shops etc. Good travel options, even better now with Elizabeth line. - Clearly defined corporate ladder to climb if you care for that.

Cons

- Most people are just there to collect paycheck. - Tech is quite outdated. Due to tight security measures, it can be a challenge to onboard new software that isn't already "firm-sanctioned". Starting to onboard cloud technologies but mostly still messing around with bare-metal and VMs. Not for you if you want to work with k8s/serverless etc. - Due to above, tech at Morgan Stanley has developed fairly separate from modern cloud/internet tech stacks. Can be frustrating to deal with niche issues that arise from their tech setup, means that the skills you develop may be less transferable. - Crazy amounts of red-tape to deal with, need to get sign-offs for so many things. Lots of useful tooling is not usable due to paranoid security measures. Can understand why security is tight but very frustrating compared to working at a startup! - Aside from pay/bonus, company is very tight with money. Don't expect to be given a high-end Macbook to work on like with FAANG! Company expects MDs to pay for social events for the team, so depends on what your management line is like. - When I was there, WFH setup was very poor - needed to connect remotely to desktop in office to access anything. Not sure if they've improved at all with lockdown. - You are made to agree to some quite severe restrictions on your personal investments, not sure if this is legally enforceable as it impacts fairly basic financial freedoms.

1.0
May 2, 2022
Recommend
CEO approval
Business Outlook

Pros

Would have been the ability to work from home, until they switched to hybrid.

Cons

Had to use our personal cellphone and computer for work, PROCESSES ARE OUT OF DATE. They need a more efficient way to resolve clients issues... You have to go through 10 different channels to find the solution to one problem. There is no help desk, all questions are asked and answered through skype.. There can be up to 100 people in the chat at once, questions get overlooked, and take too long to be answered. Meanwhile, you have to keep checking in with the client, which makes them frustrated, and makes you look like you dont know what you are doing. Reaching out to the branches are a JOKE, most of them don't answer! Lastly, the Financial advisors are rude to the reps... We were expected to remain professional, but the advisors talk to you like you are subpar, as if you dont work for the same company! Morgan Stanley should hold them to a higher standard of professionalism. When expressed to team manager, they act as though you should be understanding because of their workload, as if it wasn't a very stressful job for ALL OF US! The wage needs to be increased for all that you are required to do!

1.0
Mar 4, 2022
Recommend
CEO approval
Business Outlook

Pros

-The Morgan Stanley Virtual Advisor (MSVA), Client Advisory Center (CAC), Virtual Client Solutions (VCS) invests a lot of time and money into you during your first six months. -Morgan Stanley does everything in their power to make sure you pass your SIE, Series 6, and Series 77, and trains you for the first six months to try and learn the Morgan Stanley systems of 3D, Connect, Nice, Salesforce, etc. -As long as you understand the system, the job is very easy and repetitive. -Quotas are easy to achieve of 0.5 Goal Plan Reports/Portfolio Reviews (GPSs) per day, $250,000 in new money per quarter ($1,000,000 per year), and 25 calls (inbound, outbound, and VMs) per day.

Cons

-They put all the time and effort into you for the first 6 months, and then could care less about you once you leave training. -Raises are nearly impossible to achieve/receive in the office. While the Service/Operations side of the office receives a yearly cost of living raises, FAs at the MSVA, CAC, VCS only receive raises through promotion. -Management expects you to be happy with having the same salary, even as the cost of living of the Phoenix area has increased 10% since the office opened in July 2018. -Only one raise has been offered across all employees in over three years -Promotions/raises primarily involve office politics. -Bonuses and Raises are solely based on discretion from management, not on stats. -Management provides no positivity in the workplace. No free breakfast or lunches, no professional head shots, no stock plan, reducing lunch breaks from one hour to a half hour, etc. -While Morgan Stanley will receive certain benefits, those benefits do not apply to the MSVA, CAC, VCS, such as covering work at home expenses, receiving the company wide bonuses, having $0 commission for trading, etc. -While it is a Sales/Advisory Role, the job is heavily surrounded with Service Tasks. Expect to complete every transaction, document, sale, purchase, processing, etc. yourself.

Viewing 172 - 174 of 19,836 Reviews

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