Morgan Stanley to Merrill Lynch

2 replies [Last post]
iconsult100's picture
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Joined: 2005-09-07

Has anyone jumped from Morgan Stanley to Merrill Lynch in the last few years?  I'd love to hear how it went, why did you go? are you happy?, etc..
If anyone has went from Merrill Lynch to Morgan Stanley, I'd love to hear that perspective too.
My team is evaluating this option.

rightway's picture
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Joined: 2004-12-02

We have had 4 in the last 2 years in our office, 1 came at the end of
April.  After reading a few positive posts here and elsewhere
about the improving Tech and products at MS I asked this rep about the
difference, and they indicated it is improving but not
comparable. 

It seems their transitions have been easy, but they seem to have had
smaller sized accounts.  I see them bringing assets over into our
mutual fund wrap accounts with alot of success.  They then spend
more time growing existing relationships and getting larger new
ones. 

Main complaint?  THe ML nightmare that is operations and the need
to do things twice to get done correctly...the same thing I experienced
when I transitioned several years ago.

BankFC's picture
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Joined: 2005-05-27

We had a $1,000,000 team come over when I was there.   ML sent a transition person up from Jacksonville to do the ACATS...she worked like a dog for a week.
 

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