3.0
12 Sept 2014
Former employee, more than 10 years
New York, NY
Recommend
CEO approval
Business outlook
Pros
One advantage of working there was the quality of the people. Since it's difficult to get into Morgan Stanley, you'll work with very smart people. Benefits are good, but pay is only good if you work in a revenue-focused role, with salaries and bonuses for other areas off significantly in recent years vs. its competitors
Cons
Like other Firms on Wall St., there is still a "partnership model", with a heavy focus on rank (e.g. Managing Directors are most important). Getting promoted can be very political, and involves having good timing and a strong sponsor, and is less about ability.