Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,919 total reviews)
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Ted Pick

81% approve of CEO

73% positive business outlook

Morgan Stanley has an employee rating of 3.9 out of 5 stars, based on 19,919 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 Financial Services industry (3.7 stars).

Reviews by job title

20K reviews
1.0
Sep 30, 2010
Recommend
CEO approval
Business Outlook

Pros

Descent base salary. Descent benefits. Nice co-workers. Impressive name to put on a resume. Great for the large institutional investment market.

Cons

Management still has not adjusted asset requirements to the new norms of the economy. If you do not have a book already than don't do it. There is very little to no help in creating a book of your own. When the time comes(13 months), if you do not have the assets, you are terminated. Worst experience I have ever had.

1.0
Aug 9, 2010
Recommend
CEO approval
Business Outlook

Pros

Morgan Stanley Smith Barney is a big name Financial Advisor with many offices in New York City and around the country. They will sponsor your financial license and encourage you to get them.

Cons

There are no merit based promotions or advancement opportunities. There are no raises, ever This is an "Old Boys Club"

3.0
Aug 7, 2010
Recommend
CEO approval
Business Outlook

Pros

If you can get your foot in the door and can live on a very modest salary for a year, you'll have benefits and a chance to study and take your securities and insurance license exams.

Cons

If you don't pass your series 6 and 7 the first time you are immediately terminated. Commissions and trails on mutual fund sales are only around 1%. Morgan Stanley gives you about 30% of that 1%. So if you have a million dollars in assets under management you'll earn $3,000. Pretty tough. Life insurance sales are around 4%. This information is from 2008, so compensation might a bit different

Viewing 373 - 375 of 19,919 Reviews

Glassdoor has 24,512 Morgan Stanley reviews submitted anonymously by Morgan Stanley employees. Read employee reviews and ratings on Glassdoor to decide if Morgan Stanley is right for you.