4.0
Feb 3, 2009
Current employee
Chicago, IL
Recommend
CEO approval
Business Outlook
Pros
Very smart people, worldwide reach. Tremendous amount of opportunity throughout the globe. Hard to compare current compensation practices given the bonus meltdown happening throughout the industry. Employees, particularly those with ambition, are generally well respected. Huge upside on current stock price - doesn't help those with underwater stock otions though.
Cons
Trouble focusing on mission - can't decide if it is a high end wealth manager or a retail shop. Difficulty communicating overall big picture to field. Morale is very low at the field level, although it tends to improve as you move up the pay scale (the slashed bonuses will have an impact there).