Financial Advisor - Financial Advisor Morgan Stanley Employee Review

3.0
Sep 18, 2016
Recommend
CEO approval
Business Outlook

Pros

Great company, global leader of wealth management. Benefits and training is constant.

Cons

Extremely challenging to succeed. Financial advisers are hired for their networks. MS does little to help you with leads. You must find a way to gain clients through cold calling, buying lead lists, networking and working your networks. Failure rate in the first three years is 90% taking into count of sons and daughters taking over father's and mother's book of business, those that have worked as FAs with other companies and those that are new to the business. Finding someone to partner with on their book of business is important.

Explore other reviews about Morgan Stanley

5.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company with great ceo

Cons

Large corporation where you can feel left out

3.0
May 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Cons

They dont even give you a MS cup. They ask you to buy it for 5$. So cheap! Management big on "Giving back", Immediate managers do not like it and are not supportive. Lay off employees twice a year to show profits. Only worried about shareholders and clients. Don't know the criteria for lay-off. So, you are always worried if it is your turn. They boast about mental health and wellness. No good, when they layoff employees like this. HR = Horrible Resources. When you are laid off, they shoo you away as if you are a fly. You feel miserable. They themselves say - "We are better than Facebook or Oracle. We dont fire you at 6 AM over email." Gosh! What a comparison!

See reviews by: Helpful|Rating|Date|All