employer cover photo
employer logo
employer logo

E*TRADE from Morgan Stanley

Is this your company?

Morgan Stanley Ruined Everything - Anonymous employee E*TRADE from Morgan Stanley Employee Review

2.0
Aug 29, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Before MS, Great culture, good pay, leadership made decisions based on employee feedback and tried to find ways to help people grow and build a career. Technology was actually advancing. People were proud to work for that ETrade.

Cons

Ever since February 2020, when the sale was announced, this place has been going downhill and it has only accelerated since the former ETrade leadership was removed and replaced by some MS clowns with no experience in this space and not a single logical or reasonable thought amongst them. Expectations for teams to hit their production and sales stats are under considerably higher scrutiny, with a peculiar emphasis on some totally irrelevant data points. While the emphasis on actually satisfying clients has taken a back seat, which is evident in how complicated and inefficient these recently ordained overlords have made just about everything. As a result, people are miserable and constantly waiting for the next decree to be issued at the very last second before its haphazard implementation. It’s a well known fact that Morgan Stanley bought ETrade for their stock plans business, and the platforms. Lesser known is that their own self directed product was a colossal failure, and now, the same group of incompetent fools with no idea about the retail trading world are inserting their unimaginable ignorance into what was once a highly regarded firm, and in doing so, destroying everything that E*Trade used to be, one self promoting, unilateral decision at a time.

Explore other reviews about E*TRADE from Morgan Stanley

5.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

Great salary, great management. Development is key.

Cons

Very grueling. Stressful. But it pays off.

5.0
Jun 10, 2026
Recommend
CEO approval
Business Outlook

Pros

It is a friendly work environment—at least at the Gilbert office. Colleagues are very helpful, and managers are highly supportive of your work. I enjoy working here; there is no office politics. The pay is good, and there are plenty of opportunities to transfer to different roles.

Cons

The new system is nowhere near as good as the old one; I don't know why we were forced to switch. Sometimes, even after you submit a workflow, the new system doesn't even show it. There are plenty of opportunities to transfer to other roles, but applications go completely unanswered. You have to contact HR, yet they barely seem to care. It’s essentially a call center; even though your colleagues are great, you never know if the next customer might ruin your entire day.

See reviews by: Helpful|Rating|Date|All