Hope you've got rich friends - Anonymous employee Morgan Stanley Employee Review

2.0
5 Mar 2011
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

-Free do build a biz however you wish. -Access to a plethora of investments and platform, even very early on. -Very generous training schedule. -Can be a very lucrative career.

Cons

-Prospecting your way to success is a thing of the past. Literally, no one in a position of leadership within the company can offer any advice beyond cold calling (which no longer works). -Only interested in million dollar clients. Anyone else will get feed to death. -Merger has been ugly -Absolutely no quality control. Every advisor gives a different level of service and advice. -Want free checking? Online trading platform? God forbid... an app? Forget it. -Can't survive on your own. Payouts for new guys are small, and decreasing each year. Don't accept a job unless you're put on a team. -Half the admin staff in my office was laid off while I was there, the manager had to start a book from scratch and thus disappeared, and no one left had a clue how to do anything in the OLD system. They're really going to be screwed when the new one comes out. -Enjoy seeing your company vilified in the news at least once a month.

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5.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great company with great ceo

Cons

Large corporation where you can feel left out

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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