Alvarez & Marsal

  www.alvarezandmarsal.com
  www.alvarezandmarsal.com

Alvarez & Marsal Reviews in New York City, NY

Updated June 18, 2014
Updated June 18, 2014
106 Reviews
3.8
106 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Alvarez & Marsal Co-Founders & Co-CEOs Tony Alvarez II & Bryan P. Marsal
Tony Alvarez II & Bryan P. Marsal
53 Ratings

Review Highlights

Pros
  • Expertise, work-life balance, cases are pretty interesting (in 5 reviews)

  • Great people who I enjoyed working with for the most part (in 7 reviews)


Cons
  • Work life balance is not great when you're on an an engagement (in 7 reviews)

  • 100% travel and very long hours (defined clearly going in) - just takes a toll on family life (in 6 reviews)

More Highlights

6 Employee Reviews Back to all reviews

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  1.  

    Great business culture; suffering corporate culture...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Support Analyst in New York, NY
    Former Employee - Support Analyst in New York, NY

    I worked at Alvarez & Marsal full-time (more than 5 years)

    Pros

    Very interesting and diverse people

    Cons

    Politics involved with the corporate department thus providing a higher than usual turnover rate.

    Advice to ManagementAdvice

    Start actively paying attention to the wants and complaints of your employees.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 6 people found this helpful  

    Inconsistent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Alvarez & Marsal full-time (more than an year)

    Pros

    There are some smart people, and some interesting engagements. Lots of opportunity to work with former industry operators, some of whom are very good. Good work/life balance. Nice people for the most part.

    Cons

    Many senior resources are of very poor quality, lacking basic consulting skills. This can make projects very frustrating for those with a consulting background. I would advise undergrads and recent MBAs to go elsewhere, as you can't be guaranteed to learn a consulting skillset at A&M.

    There is a very heavy sales culture, which leads to overselling and often to underdelivery. There's a lot of talk about putting clients first, but management cares exclusively about the top line. .

    The senior-most leadership at A&M is extremely conservative. It is an old-boys club, and this seems to make meaningful career advancement difficult to impossible.

    Advice to ManagementAdvice

    Focus on client value, not sales. Cash-oriented compensation model based on restructuring legacy is illogical. Improve overall quality at SD/MD level, it can't just be about their rolodex. Revise career path model.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  3.  

    Great firm, but not easy to build a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY

    I worked at Alvarez & Marsal full-time

    Pros

    Great brand in restructuring/turnaround/performance improvement

    Cons

    Poor resource management; many silos

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Arthur Andersen recreated?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Partner in New York, NY
    Former Employee - Partner in New York, NY

    I worked at Alvarez & Marsal full-time (more than 5 years)

    Pros

    well known player in restructuring and PE

    Cons

    insider and family dominated more than you would expect

    Advice to ManagementAdvice

    bring in more outsiders

    Neutral Outlook
    Disapproves of CEO
  6.  

    Work in consulting, not in corporate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Alvarez & Marsal full-time (more than 3 years)

    Pros

    If you're a consultant, you're probably working with bright, talented people who have come from all over to work with other bright, talented people.

    Cons

    The loyal and lazy are treated with impunity. The loyal and hard-working aren't rewarded as they should be. Getting buy-in for corporate projects can be a nightmare.

    Advice to ManagementAdvice

    Let the visionaries be visionary. Don't settle for mediocrity.

    Positive Outlook
  7. 2 people found this helpful  

    Great Experience and $$, Bad Attitude and Work/Life Balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY

    I have been working at Alvarez & Marsal full-time (more than 8 years)

    Pros

    Great Compensation
    Smart co-workers and bosses
    Projects can be interesting
    Can learn a lot, be exposed to a lot
    Project teams vary, so you get to work with different people and styles
    Travel, if you like it

    Cons

    Hours can be unreasonable for long periods of time (depending on project & team)
    Work can be tedious and boring (depending on project & team)
    Travel, it gets old being away from home more days than not
    Management has an attitude, important to be part of the good old boys club
    As time goes on, there is more and more deceit - with the client, with the clients advisors and amongst ourselves, etc - it's tough to keep the story straight when working with people, and it makes for an uncomfortable environment
    Cut-throat atmosphere amongst peers, a culture where putting others down can help you get promoted
    The culture and values they say they believe in (family first, not pumping hours...) are not actually there in practice

    Recommends
    Neutral Outlook
    Approves of CEO

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