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E*TRADE from Morgan Stanley

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Micromanagement Galore - Platinum Relationship Manager E*TRADE from Morgan Stanley Employee Review

2.0
17 Jan 2024
Recommend
CEO approval
Business outlook

Pros

Decent pay for the type of work that is done

Cons

Financial consultants were transitioned to the Platinum Relationship manager role. Been in the industry for 10+ years and never experienced micromanagement like in this role. You are expected to be on the phone ready to take calls for every minute of the day. If you have “outbound” time you are expected to be on the phone for the majority of that time or you are called out. Only given 30 mins for lunch with two pointless 15 minute breaks. You feel stressed at lunch because you are worried about clocking back in before you are reprimanded for being 5 mins late. You are always watching the clock to the point where you start going crazy. There is 0 quality of life or autonomy with this job if you have a family. You need to request time off just to take a 1 hour dentist appointment otherwise it impacts your adherence numbers and there is no guarantee it will be approved. This job is fine if you are fresh out of college and have no responsibilities but it is not for working professionals. You are micromanaged and overworked with no regard to your well being. My health and general mood started declining over 6 months in this role to the point where my family was noticing. Morgan Stanley ruined ETrade but maybe that was their goal.

Explore other reviews about E*TRADE from Morgan Stanley

5.0
16 June 2026
Recommend
CEO approval
Business outlook

Pros

Great salary, great management. Development is key.

Cons

Very grueling. Stressful. But it pays off.

5.0
10 June 2026
Recommend
CEO approval
Business outlook

Pros

It is a friendly work environment—at least at the Gilbert office. Colleagues are very helpful, and managers are highly supportive of your work. I enjoy working here; there is no office politics. The pay is good, and there are plenty of opportunities to transfer to different roles.

Cons

The new system is nowhere near as good as the old one; I don't know why we were forced to switch. Sometimes, even after you submit a workflow, the new system doesn't even show it. There are plenty of opportunities to transfer to other roles, but applications go completely unanswered. You have to contact HR, yet they barely seem to care. It’s essentially a call center; even though your colleagues are great, you never know if the next customer might ruin your entire day.

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