Pros
Morgan Stanley has pretty great name recognition so it will look good on your resume for future employers. The people you work with are usually helpful and the benefits are good.
Cons
1. For a multinational powerhouse, they have the absolute worst obsolete technology imaginable. We're talking early 90's at best. Almost nothing is automated and the functions that are automated don't work half the time. If your clients want to transfer money online, just tell them to stick with their bank because they probably won't be able to do it here for another 10 years. 2. Very little support for new financial advisors. It's very difficult to get a straight answer on anything. 3. Very complex fee structure for clients that constantly changes. 4. Overly strict company policies make it very difficult to provide the level of service that clients deserve.