Good place to obtain securities licenses - Financial Advisor Trainee Morgan Stanley Employee Review

3.0
Aug 7, 2010
Recommend
CEO approval
Business outlook

Pros

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.

Cons

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

Explore other reviews about Morgan Stanley

5.0
Jun 24, 2026
Recommend
CEO approval
Business outlook

Pros

Great company with great ceo

Cons

Large corporation where you can feel left out

3.0
May 30, 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!

See reviews by: Helpful|Rating|Date|All