Good place to start - Virtual Financial Advisor Morgan Stanley Employee Review

3.0
2 Sept 2022
Recommend
CEO approval
Business outlook

Pros

You get your licensing (series 7,63,66). You get a lot of experience building financial plans and making portfolio recommendations. Do not have to build your own book. Promotion is based on performance not on time in job. Salary is competitive. You start as a "Foundations" Advisor, pay is around $65k with bonus around $10k. Then move to Level 1 with pay at $70k and bonus at $15k. Level 2 is $80k with $25k bonus potential. Bonus is based on team performance, so highest performer receives 100% of bonus amount, second highest 95%, etc. Good pay but bonus structure could be improved.

Cons

It's a call center environment at the end of the day. You will deal with a lot of service related issues. Training is OK not great.

Explore other reviews about Morgan Stanley

5.0
24 June 2026
Recommend
CEO approval
Business outlook

Pros

Great company with great ceo

Cons

Large corporation where you can feel left out

3.0
30 May 2026
Recommend
CEO approval
Business outlook

Pros

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Cons

They dont even give you a MS cup. They ask you to buy it for 5$. So cheap! Management big on "Giving back", Immediate managers do not like it and are not supportive. Lay off employees twice a year to show profits. Only worried about shareholders and clients. Don't know the criteria for lay-off. So, you are always worried if it is your turn. They boast about mental health and wellness. No good, when they layoff employees like this. HR = Horrible Resources. When you are laid off, they shoo you away as if you are a fly. You feel miserable. They themselves say - "We are better than Facebook or Oracle. We dont fire you at 6 AM over email." Gosh! What a comparison!

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