Pros
Many wonderful people throughout the company, and the service teams are absolutely amazing.
Cons
There is not a lot of stability and many employees are disgruntled or unhappy. Those who have been with the company a long time and happy are now uncertain about the changing environment. The new hires are happy, until they see behind the curtain. Merrill hires young associates who do most of the work for the older sales reps, but as soon as they figure out they are not going to make money or reap the benefits, they leave for a better opportunity. That is Merrill's SOP; there is constant turnover. The company is still going through a massive transition after change to private equity management, which is causing many internal politics challenges. It is unclear what will happen with the business. No job is completely secure.