Good place to obtain securities licenses - Recensione dipendente - Financial Advisor Trainee presso Morgan Stanley

3,0
7 ago 2010
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

If you can get your foot in the door and can live on a very modest salary for a year, you'll have benefits and a chance to study and take your securities and insurance license exams.

Svantaggi

If you don't pass your series 6 and 7 the first time you are immediately terminated. Commissions and trails on mutual fund sales are only around 1%. Morgan Stanley gives you about 30% of that 1%. So if you have a million dollars in assets under management you'll earn $3,000. Pretty tough. Life insurance sales are around 4%. This information is from 2008, so compensation might a bit different

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5,0
4 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Big name company. Helps with resume.

Svantaggi

Operations may get tedious sometimes.

3,0
30 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Very good co-workers, Great technology stack. Lot of new technologies and integration with current work.

Svantaggi

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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