Morgan Stanley reviews

3.9

75% would recommend to a friend

(19,893 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 19,893 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
3.0
Nov 17, 2008
Recommend
CEO approval
Business Outlook

Pros

Global reach, good for front office.

Cons

IB pigeon hole culture. Person with the right skill set in Ops cannot move laterally.

3.0
Nov 16, 2008
Recommend
CEO approval
Business Outlook

Pros

John Mack is an excellent leader, and communicates openly with his employees, which is unlike most Wall Street CEOs. His character really came through during the financial crisis. MS does its best to treat employees well, attempting annual performance evaluations, promotions, etc. Bonuses are typically good, when the fiscal year and business is good. They offer a solid benefits package, with emphasis on work life balance to compensate for certain things they can't provide being based in New York City (e.g., on-site childcare, health center for all employees, etc.). The people there are by and large very smart, accountable, and respectful.

Cons

During the 2008 financial crisis, massive layoffs, terrible bonuses, and general uncertainty every day.

1.0
Nov 9, 2008
Recommend
CEO approval
Business Outlook

Pros

The best reason to work for Morgan Stanley is the name recognition. They give you a base salary while you study for all the required licensing and pay for your testing. The benefits are fantastic. There are many choices for medical. The dental coverage is very good. The 401(k) has some great selections. All of them start day one of employment. The other financial advisors are honest with you when asking questions. The CSA's are very helpful as well. They definitely know what they are doing. If you have a book of business coming in it may be a good place to work

Cons

The interview promised a team atmosphere, hands on coaching, mentoring, and support in marketing. Their technology is some of the worst in the business. There is absolutely no support for someone starting out. There is no communication from the Sales Manager and the Complex Manager which you are told how they are very involved in making you succesful. If you can track down a manager they might acknowledge you as they are walking away. Good luck getting approval to send out marketing letters. They may let you send them from the office but it will be out of your pocket. They tell you that you are evaluated quarterly but will let you go if your goal is not met within a month and a half.

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