Morgan Stanley

  www.morganstanley.com
  www.morganstanley.com
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Morgan Stanley Reviews

Updated 12 September 2014
Updated 12 September 2014
1,641 Reviews
3.5
1,641 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Morgan Stanley CEO James P. Gorman
James P. Gorman
772 Ratings

Review Highlights

Pros
  • Their work life balance policies allow you to work from home when you cannot get in (in 96 reviews)

  • There are lots of smart people there who you can learn a lot from (in 82 reviews)


Cons
  • Very limited work/life balance, which they claimed was very important to them (in 91 reviews)

  • Long hours in the operation department when the market is bad (in 105 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Analyst  in  Sydney
    Former Employee - Operations Analyst in Sydney

    I worked at Morgan Stanley full-time for more than a year

    Pros

    Staff worrk well together and good onboarding process.

    Cons

    Communications to staff need to be improved.

    Advice to ManagementAdvice

    Better career oppotunities for staff

  2.  

    Larger work loads, lower bonus and no career progression

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Front Office Sales  in  Sydney
    Current Employee - Front Office Sales in Sydney

    I have been working at Morgan Stanley full-time for more than 3 years

    Pros

    Great Brand
    Good Systems
    Great Location
    Nice Offices
    Good access to other departments
    Global foot-print

    Cons

    Little to no support for lateral/ inter departmental movements

    Poor compensation relative to industry

    More work load, smaller bonus

    Have not had a pay rise in 3 years (nor has anyone in my position)

    Glass ceiling - you cant move up...

    Political nightmare

    No Recognition - partly due to the fact your manager has no idea what you are doing

    Quicker to suggest exploring job opportunities externally than to assist internally (not isolated incident)

    No clear requirements to progress - consistently changing progression requirements

    Losing clients due to poor credit rating

    No advertising is Australia - most people don't know our division exists!

    Icing on the cake - in performance reviews, they cannot give all high performers 'exceeds expectations' because they have to follow a bell curve. Low pay relative to industry and no recognition.

    Advice to ManagementAdvice

    Identify and recognize talent.

    Pay people what they are worth.

    Help people with their career development - its the only way to retain driven/motivated people.

    If an employee wants to move divisions, and they have the qualifications, help them!

    Do not shift the 'goal posts' that some one has been working hard towards - I am not the only one that feels this way.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Neutral

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Risk Manager  in  Sydney
    Current Employee - Risk Manager in Sydney

    I have been working at Morgan Stanley

    Pros

    Global reach, good for front office.

    Cons

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

    Advice to ManagementAdvice

    Be more flexible in terms of mobility for people with the right skills to move around.

    No opinion of CEO
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  5.  

    Once was great ...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Executive Director  in  Sydney
    Current Employee - Executive Director in Sydney

    I have been working at Morgan Stanley

    Pros

    A low benchmark by peers means it's relatively easy to do well. Pay very well for median performance and even better for great performance. Some charismatic leaders. Leading user of technology. Global standardised accounting protocals are a tribute to the great work by Trevor Harris and Vaughn Harvey.

    Cons

    Highly political, although that's the norm for the industry. Global approach means a lot of boring travel. Research has been emasculated in recent years. Hedge fund clients now run the strategy for the securities division. Poor IBD deal flow makes it harder to get corporate access.

    Advice to ManagementAdvice

    Remember what gave a franchise in the first place ... the business is too broad and poorly focused.

    Doesn't Recommend
    Disapproves of CEO
  6.  

    Great Company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President  in  Tokyo (Japan)
    Former Employee - Assistant Vice President in Tokyo (Japan)

    I worked at Morgan Stanley full-time for more than 5 years

    Pros

    Smart people from diverse culture & background
    Good Compensation and Benefits
    Learning opportunities
    Transfer within the company
    Fair Promotion

    Cons

    Long hours, some managers give feedback only when some issues arise

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    17 years as a financial advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Boston, MA (US)
    Former Employee - Vice President in Boston, MA (US)

    I worked at Morgan Stanley full-time for more than 10 years

    Pros

    Unlimited income. Can come and go as you please.

    Cons

    all commission. have a bad month and you don't get paid.

    Advice to ManagementAdvice

    get us some leads to help grow our business

    Positive Outlook
    No opinion of CEO
  8.  

    Challenging but not enough support

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

    I have been working at Morgan Stanley full-time for less than a year

    Pros

    Benefits, training, great people to work for.

    Cons

    Leadership. Not enoughtn time to meet your goals.

    Advice to ManagementAdvice

    Dont hire someone who is not from the area.

  9.  

    Wealth Management in the burbs

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Baltimore, MD (US)
    Former Employee - Anonymous Employee in Baltimore, MD (US)

    I worked at Morgan Stanley as an intern

    Pros

    They are a very strong company in the area of wealth management. The resources, the expertise, and the army of professional financial advisors is really first class. The team structure is great and people are very civil

    Cons

    Regulations and changes to the platform from corporate headquarters make for a very bad experience in customer service and expansion of business. A lot of tedious stuff is mandatory which means lot of meaningless busywork.

    Advice to ManagementAdvice

    Try to limit compliance, and start treating your financial advisors and brokers like what they are instead of turning them into some sort of investment banking offshoot.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  10.  

    Great Work experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  New York, NY (US)
    Former Employee - Associate in New York, NY (US)

    I worked at Morgan Stanley full-time for more than a year

    Pros

    - Challenging work
    - Amazing people
    - Grad training was very helpful

    Cons

    Bonus is on the lower side.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great environment... Lots of opportunities

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

    I have been working at Morgan Stanley full-time for more than a year

    Pros

    Latest technology stack,
    Global Exposure,
    Business knowledge,
    Lots of events [Project/team dependent]
    Work life balance [For me 9 Am - 6 PM]
    Great compensation

    Cons

    Nothing I can see as of now. Onsite opportunities are less.

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
    Approves of CEO

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