Morgan Stanley

  www.morganstanley.com
  www.morganstanley.com
There are newer employer reviews for Morgan Stanley

 

Information Technology

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Morgan Stanley full-time (more than 3 years)

Pros

Large Company with good structire.

Cons

Management lazy and not responsive.

Advice to ManagementAdvice

Start doing work.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

1769 Other Employee Reviews for Morgan Stanley (View Most Recent)

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  1. 1 person found this helpful  

    Good Infrastructure, good software development opportunities, bad salaries

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Manager in Mumbai (India)
    Current Employee - Senior Manager in Mumbai (India)

    I have been working at Morgan Stanley full-time (more than 5 years)

    Pros

    1. Good Infrastructure
    2. You will get to learn many things in technology in the initial years(but it gets kind of plain and boring after that.)
    3. Chance of making good friends

    Cons

    1. Ineffective strategies by senior management.
    2. Work Culture is becoming more and more political
    3. Salaries don't go up according to the hard work you put in, because it is driven by the business, which is heading south, and not by IT

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Great learning experience but with high expectations and very little support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor Trainee
    Current Employee - Financial Advisor Trainee

    I have been working at Morgan Stanley full-time (more than an year)

    Pros

    -Compensation for study time to focus 100% on series 7, series 66, insurance
    -Training sessions at Headquarters in NY and encouragement to connect with successful FA's
    -Attempts to build in weekly training sessions at the branch level

    Cons

    -Position is currently built for older, experienced individuals to succeed. Without an established affluent network, it's difficult to meet the requirements under the given timeline
    -Very little opportunity for partnering if you weren't hired for a specific group
    -Sink or Swim mentality

    Advice to ManagementAdvice

    The way the current FAA program is set up, the firm spends a substantial amount of money training individuals to succeed at different firms. It's rare for younger individuals to have an established affluent network, and building one takes time. Compound that with a lack of experience in the investment industry and young FAA's start to hit their stride just about the time they get let go. What's missing is a strong mentorship program. Young FAAs need successful models from whom they can learn effective habits - it's not effective just to provide info. Much of the ramp up time is wasted figuring out effective practices. My suggestion would be to redefine "partnerships" so that established FA's looking to take the next step can take on an FAA as a jr partner without it affecting their compensation and making it an established practice for the majority of new hires. The military follows the "watch one, do one, teach one" model, I think it would be a far more effective use of capital to have an older FA as a consistent resource to a new advisor. It would also build in better day-to-day accountability.

    Recommends
    Positive Outlook
    Approves of CEO
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