Merrill Lynch Wealth Managment Review Data

92 total review submissions

YearPositionLocationGroup/DivisionOverall
2021Financial AdvisorNew York CityN/Asuch easy hours. hourly pay crushes banking. management was…certain managers looking to make a name for themselves can…
2020Financial AdvisorSummitPrivate Wealth ManagementRelaxed lifestyle, and good work-life balance. Highly…The initial years you will be doing a lot of administrative…
2022Financial AdvisorMemphisInvestmentsRevamped program to train new advisors in the business and…There is not a competitive bonus pay structure and they…
2021OtherMelvilleWealth ManagementGreat work life balance. Easy work. Extremely accommodating…Not a lot of structure. No vacation days. Tedious tasks not…
2020Financial AdvisorPittsburghPrivate Wealth Management-Earning potential
-Development program
-…
- EXTREMELY HARD TO SUCCEED
- Early career pay sucks…
2020Financial RepresentativeNew YorkPrivate Wealth ManagementIf you’re with a great team lots of learning opportunities…Can be office politics might not be the best fit with your…
20181st Year AnalystbostonWealth ManagementI was pretty happy at Merrill Lynch, the team was solid and…Sales isn't really something I expected in Finance,…
2019InternDoylestownWealth ManagementGood experience working with the financial advisors, they…Some of the work I was assigned to was undeniably "…
2020Summer Associate InternSan FranciscoFinancial Planning and Analysisgreat working environment, mentorship program, lots of room…coronavirus cut it off leading to lack of work. not much 1…
20201st Year AnalystirvinePrivate BankingThe best part of Merrill Lynch was the fact that it was…The lack of actual valuation integration was too much to…
2020InternSan MateoWealth Management- close relationship with managers and staff
- super…
- little progression opportunities, a lot of nepotism as is…
2020InternPrincetonWealth ManagementOverall a great company that provides you with great…Sometimes you are given busy work when management is in…
2019Financial AdvisorOaklandWealth ManagementFlexible hours, great benefits, the pay is relevant good…Training is not well structured and management is not…
2016Financial AdvisorAustinWealth ManagementFlexible time off (assuming you're on a good team).…Sometimes it is victim of its own big size. Many things can…
2019Financial AdvisorDallasPrivate Banking2018 start:

* Entrepreneurial ownership…
Cons began in late 2019-present

* Training…
2018InternSan FranciscoPrivate Wealth ManagementOverall, I had a great time at this firm as it helped me…I wish there was more mentorship and guidance for interns…
2019Summer Associate InternSan MateoWealth ManagementThe work environment is fun, great people to be around.…It isn't as intensive as investment banking would be…
20181st Year AnalystKansas CityWealth Management-Merrill Lynch has a great platform, if no the best…-Bank products are shoved down your throat to sell
-…
2018InternIrvineOtherHad a great time working under senior Ginancial Advisors.…Although there was a large amount of time spent garnering…
2018InternNorthbrookPrivate Wealth ManagementNice People, Good Brand, Not a difficult work schedule,…Cold Calling, Not a lot of industry experience, Not really…
2019Financial AdvisorCarmel-by-the-SeaPrivate Wealth ManagementPay structure: commission, asset-fee based, and flat fee.…Colleagues: They can be cut throat, (especially when they…
2018Financial AdvisorBurlingtonInvestment BankingHave to be a go-getter to make it. Hard work pays off.…Many of the top performers are rich kids managing their…
20191st Year AssociateChicagoRisk Managementless stressful compared to typical investment banking,…Compensation may be less due to less stressful workload,…
2018Financial RepresentativeMinneapolisSalesNice people. Great pay for taking series exams. Atmosphere…I know when I pass the exams, client acquisition will be…

Overview

OVERALL, how satisfied are you with this company as a place to work? (85%)

Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

The Overall Ranking is generated based on the Company Reviews.

3.8
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

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