FAA PROGRAM IS BROKEN - Financial Advisor Associate Morgan Stanley Employee Review

1.0
17 Dec 2018
Recommend
CEO approval
Business outlook

Pros

They provide a phone and a desk, that’s about it.

Cons

70% failure rate for a reason. Place is a revolving door on all levels. Rewards people churning their own accounts or family member’s accounts for revenue. Doesn’t value real relationships - model is based on revenue not AUM. Myopic, not big picture. Hypocrisy across the board. 3 pillars of culture - do the right thing, build relationships, give back - all a bunch of corporate rhetoric - they didn’t do the right thing by me, my family or my clients, and if your revenue doesn’t meet expectations they certainly don’t care about yourrelationships. One of the worst experiences ever. Stock is at $39 for a reason !

Explore other reviews about Morgan Stanley

5.0
11 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Culture is great Hours are not bad, rarely work on weekends and track the market open and close Networking opportunities

Cons

Unclear responsibilities Reliant on operations teams

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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