Don't start your career here - Financial Advisor Morgan Stanley Employee Review

1.0
9 Nov 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.

Explore other reviews about Morgan Stanley

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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