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Morgan Stanley

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Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,863 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 19,863 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
5.0
Oct 3, 2008
Recommend
CEO approval
Business Outlook

Pros

It has a strong culture of excellence, smart people, and is a meritocracy; there is very little hard politics in the organization. The pace is fast and the work very challenging, and the people around you are most focused on getting things done, and done well.

Cons

Can be high pressure some days. It's not bureaucratic but sometimes the drive for consensus and input can slow things down.

3.0
Oct 1, 2008
Recommend
CEO approval
Business Outlook

Pros

The benefits were far and away the selling point to work at MS, from the health insurance to the client perks. I had the opportunity to take clients and prospects to hear from experts in the field, usually at high end dining establishments, as well as sporting events. Customer service was very high on the priority list at Morgan, as it should be in Financial Planning. There were extra efforts to cater to the clients beck and call. And almost all of these events were covered 100% by the company. In addition to the events, the Morgan Stanley name provided needed credibility in an unstable investment environment. At the time of my employment, they and Merrill were the only two large investment firms not owned by a bank. In addition to client perks and strong health benfits, Morgan Stanley provided matching gifts to msot charitable contributions and promoted community service, both by sponsoring some local events as well as providing specific dollars if you had a viable pet project in your community. I thought this was great, especially since the DFW market is growing and getting a large number of prospects from other markets on the coasts, where real estate is performing much worse.

Cons

Unfortunately, the client catering came at a price, one that was usually too high. Commission rates were a bit above average, and the constant account fees seemed to nickel and dime clients. As Finanical Advisors, we were provided a small account to help alleviate some of those fees for our larger clients, but it was never enough to completely respond to the concerns of our entire book. There was a tiered fee structure that rewarded larger accounts, but the way it was set up, a client could have as much as $249,999 and still be subject to a $150 fee for their account. I saw this as fairly ridiculous and a bit preventive on the sales side.

4.0
Sep 28, 2008
Recommend
CEO approval
Business Outlook

Pros

Job satisfaction, good legacy, decent technology, at least not merged with Wachovia...thank goodness! I think John Mack is a good leader, good communicator, and very blunt (which is kind of nice).

Cons

Lack of control of what happens with the company and it being in the news. Right now their future as a Morgan Stanley brand is in question due to all the mergers. Tough to work in this industry when you don't know what is going on (although Mack has tried to keep us informed).

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