Review of life as a private wealth management associate - Private Wealth Management Associate Morgan Stanley Employee Review

4.0
2 Jul 2009
Recommend
CEO approval
Business outlook

Pros

Great brand and reputation, many opportunities for growth, excellent training in New York, top notch benefits, exposure to senior management, and open architecture platform that allows the investment rep to keep a high commission.

Cons

The PWM program for Associates is a mixed bag and has had a very low rate of success of Associates going on to make it as Investment Representatives. If you're not paired with a team, you're basically going it on your own, and it can be really hard to succeed that way.

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5.0
8 Jul 2026
Recommend
CEO approval
Business outlook

Pros

very nice people and very inclusive environment

Cons

have to find areas to grow

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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