Productive workplace with good benefits but high job turnover
Vice President, Regional Retirement Director (Former Employee), Gaithersburg, MD – December 2, 2013
Pros: working with some of the best financial advisors and recordkeepers in the business.
Cons: large territories, ambiguity of job responsibilites, inaccurate sales data
Morgan Stanley was a quality Employer that afforded me the opportunity to become a quality specialist in the qualified and non-qualified retirement plan marketplace. The majority of my time was on the road meeting with Financial Advisors, Plan Sponsors and Recordkeeper/DCIO partners. There was a substantial amount of turnover in my position (either – more... through layoffs or counterparts leaving for other job opportunities) which led to very large territories and the challanges which accompanied that size of regions. Sales drove compensation. – less
Great hiring and therefore skills but poor IT culture - it's a bank!
Equity Derivatives Project Manager (Former Employee), Hong Kong, HKI – September 4, 2014
Pros: interesting technical work and business
Cons: difficult co-workers
A great bunch of developers and excellent technical knowledge right up the chain of command. But seemingly no interest in management and no expectation of this within the company culture. This is where investment banking doesn't work with IT. There's too much competition and this precludes team work. Still, the technology is interesting and so is the – more... business - the frustration is in getting anything really done. It's as if you have to fool the system in order to do so. I learned a huge amount about structured products and the business rationale for trading them. Improved my knowledge of market risk management. Learned a fair bit of accounting. Learned a number of areas of regulatory aspects to trading. Generally co-workers were smart and skilled, but competition led some to be difficult to work with - and that was the hardest part of the job. Getting into technical and business detail on complex products was fascinating and where the different participants could lose themselves in the job and thereby let go of their career anxieties. The result was enjoyable work. – less
Client Service Associate (Former Employee), Brickell Ave. Miami , FL – August 25, 2014
Pros: excellent benefits, holiday parties and thanksgiving lunchon.
Helped clients and financial advisors resolving issues. It was a great challenge and experience working in this company as well as learned how to manage multitask in a time sensitive situation. The management and co-workers were very cooperative and friendly. The hardest part of the job was when I had to leave the company. The most enjoyable part of – more... the job was when I could provide clients and financial advisors with my help and when issues got resolved. – less
Great company, poor management, not enough learning experience
Analyst (Current Employee), New York, NY – August 15, 2014
Morgan Stanley is an outstanding company. However, there is very little learning within the group (mine in particular and we have had a mass exodus),there are few opportunities to move forward within, unless you move externally which can give you a 15-20% raise. Co-workers can be childish and management picks their favorites and promotes them, even – more... though they may not be doing the same amount of work.
As a company, I think there are many opportunities to get a head start, especially for someone out of college or switching careeres. Benefits are good. I think it really depends on which group you are working with as all of them differ substantially. – less
WS DEVELOPMENT (Former Employee), Boston, MA – August 11, 2014
Mostly I work with my team as a student consultant. We enjoyed learning the very detailed development and planning knowledge in the US market. Days can be miserable sometimes when closing deadline is approaching.
Loss Mitigation Specialist (Former Employee), Fort Worth, TX – August 9, 2014
Pros: healthcare and people
Loved going to work there everyday, management was awesome and down to earth. We worked hard and were appreciated. My co-workers were the best because we were like family and very close. Hardest part of job was when we talked to customers that were about to lose their home and they got emotional and we felt for them. Benefits were amazing and they believed – more... in family first all the way. Most favorite part was when we would have themes at work and just had fun but always made sure work was done. – less