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E*TRADE from Morgan Stanley

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E*TRADE from Morgan Stanley reviews

3.3

42% would recommend to a friend

(528 total reviews)

Michael Pizzi

40% approve of CEO

36% positive business outlook

E*TRADE from Morgan Stanley has an employee rating of 3.3 out of 5 stars, based on 528 company reviews on Glassdoor which indicates that most employees have a good working experience there. The E*TRADE from Morgan Stanley employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

528 reviews
3.0
Jul 12, 2023
Recommend
CEO approval
Business Outlook

Pros

The company pays you to study for the SIE, Series 7 and 63. We were able to work from home. Relaxed management style prior to MS takeover. Benefits are above average, although MS benefits aren't as good as E*TRADE's were.

Cons

Now that MS is fully in control, we are micromanaged and treated like we're working in a true call center. Daily emails are sent from the manager with the entire team's metrics and shaming those who are underperforming. Employee morale has dropped quickly and employees are looking for work elsewhere. MS wants all employees, even those who were hired as fully remote, to come into the office, no exceptions.

2.0
Sep 19, 2024

Run.

Recommend
CEO approval
Business Outlook

Pros

Etrade will assist with licensing.

Cons

Please do not be mistaken. Morgan Stanley is all about sales and converting Etrade clients to MS. If you aren’t good at sales or managing quota expectations then you should run for the hills. You will be micromanaged and berated every day you work about your numbers. MS did not and has not offered any sales training before or after changing our roles. I use to love coming to work for Etrade. Now I dread it. . The mandatory office days, strict attendance policy. . Everything. Also with everything being about sales, you can kiss any promotion opportunity you may want away and your bonus… lol good luck.. they will give you 40% and the other 60% sometime next year.

3.0
Jan 2, 2024
Recommend
CEO approval
Business Outlook

Pros

Decent benefits, correspondence specifically is fairly chill

Cons

They don’t seem to value employees much anymore. Tons of layoffs and going from full time remote for almost 4 years, to 3 days a week in the office

Viewing 13 - 15 of 528 Reviews

Glassdoor has 556 E*TRADE from Morgan Stanley reviews submitted anonymously by E*TRADE from Morgan Stanley employees. Read employee reviews and ratings on Glassdoor to decide if E*TRADE from Morgan Stanley is right for you.