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Working at Merrill Lynch

Zippia Score 4.9

Overview

SalaryRevenue

Reviews

HistoryDemographicsCompetitorsCEO & Executives

Merrill Lynch overview

Industry
Financial Services
Revenue
$13.8B
Headquarters
Employees
15,100
Founded In
1914
Website
Organization Type
Public
Social Media
Merrill Lynch is one of the world's premier providers of wealth management, securities trading and sales, corporate finance and investment banking services.
The staff at Merrill Lynch come from unusually diverse demographic backgrounds. The company is 37.1% female and 43.1% ethnic minorities. Despite its diversity in other areas, Merrill Lynch employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 66.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Merrill Lynch has great employee retention with staff members usually staying with the company for 4.1 years.The average employee at Merrill Lynch makes $87,121 per year. Pay at Merrill Lynch is significantly lower than some of its highest paying competitors, like BNP Paribas, Credit Suisse, and Goldman Sachs, which pay $110,415, $109,075, and $108,830, respectively.
Based in New York, NY, Merrill Lynch is an industry leader with 15,100 employees and an annual revenue of $13.0B.

Merrill Lynch's Mission Statement

To act in ways that help us to: understand the client by anticipating and responding to client needs. Fulfill client expectations without compromising the integrity of Merrill Lynch.

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4.7/5

Merrill Lynch employee reviews

Based on 3 ratings

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Average salary at Merrill Lynch
$87,121 yearly
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Merrill Lynch employee reviews

Merrill Lynch employee reviews
4.7/5

Based On 3 Ratings

Work At Merrill Lynch? Share your experience.
Employee Reviews
profile
4.0
A zippia user wrote a review on Apr 2023
Pros of working at Merrill Lynch

Vibrant employee networks, resources available to serve the community and network with each other.

Cons of working at Merrill Lynch

Lip service around D&I, lack of true investment in the movement of employees from retail/consumer business to other roles within firm, poor leadership in some managers.

Merrill Lynch Benefits

The access to consumer discounts and the platform to manage benefits was great.

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5.0
A zippia user wrote a review on Apr 2023
Pros of working at Merrill Lynch

They hire very smart people.

Cons of working at Merrill Lynch

They hired lawyers to be marketing executives.

Merrill Lynch Benefits

Paid training.

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The team at Merrill Lynch

  • The founders of Merrill Lynch is Charles Merrill.
  • The key people at Merrill Lynch is Charles Merrill.
Key People
C
Charles Merrill

Merrill Lynch Rankings

Merrill Lynch is ranked #37 on the Best Finance Companies to Work For in New York list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Merrill Lynch salaries

9.5
Salary Score
The average a Merrill Lynch salary in the United States is $87,121 per year. Merrill Lynch employees in the top 10 percent can make over $158,000 per year, while Merrill Lynch employees at the bottom 10 percent earn less than $47,000 per year.
Average Merrill Lynch Salary
$87,121
yearly
$41.89 hourly
Updated March 14, 2024

And if you're looking for a job, here are the top jobs Merrill Lynch is hiring right now:

  1. Director
  2. Vice President, Technology
  3. Vice President Of Application Development
  4. Senior Software Engineer
  5. Computer Software Engineer

Rate Merrill Lynch's commitment to diversity and inclusion.

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Merrill Lynch diversity

9.8
Diversity Score
We calculated Merrill Lynch’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Merrill Lynch’s workforce.
Merrill Lynch diversity summary. Zippia estimates Merrill Lynch's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Merrill Lynch's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Merrill Lynch's workforce.
  • Merrill Lynch has 15,100 employees.
  • 37% of Merrill Lynch employees are women, while 63% are men.
  • The most common ethnicity at Merrill Lynch is White (57%).
  • 16% of Merrill Lynch employees are Hispanic or Latino.
  • 12% of Merrill Lynch employees are Asian.
  • The average employee at Merrill Lynch makes $87,121 per year.
  • Merrill Lynch employees are most likely to be members of the republican party.
  • Employees at Merrill Lynch stay with the company for 4.1 years on average.
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Videos About Working At Merrill Lynch

My Life (From 2014 TV Commercial for Merrill Lynch)

Merrill Lynch Financial Performance

9.8
Performance Score

Highest paying Merrill Lynch competitors

Compare Merrill Lynch salaries to competitors, including BNP Paribas, Credit Suisse, and Goldman Sachs. Employees at BNP Paribas earn the highest average yearly salary of $110,415. The salaries at Credit Suisse average $109,075 per year, and the salaries at Goldman Sachs come in at $108,830 per year.

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Updated March 14, 2024

Zippia gives an in-depth look into the details of Merrill Lynch, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Merrill Lynch. The employee data is based on information from people who have self-reported their past or current employments at Merrill Lynch. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Merrill Lynch. The data presented on this page does not represent the view of Merrill Lynch and its employees or that of Zippia.

Merrill Lynch may also be known as or be related to MERRILL LYNCH & CO., INC., Merrill Lynch, Merrill Lynch & Co, Merrill Lynch & Co Inc and Merrill Lynch International, LLC.