Cambridge Associates, LLC

  www.cambridgeassociates.com
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Cambridge Associates, LLC Reviews

Updated Jul 8, 2014
Cambridge Associates, LLC – Boston – “A global leader of investment advisory services”

All Employees Current Employees Only

3.5 125 reviews

93% Approve of the CEO

Cambridge Associates, LLC Chairman and CEO Sandra A. Urie

Sandra A. Urie

(91 ratings)

71% of employees recommend this company to a friend

Review Highlights

Pros
  • For the industry, there is good work/life balance at Cambridge Associates(in 22 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc(in 14 reviews)


Cons
  • Long hours during peak periods, work can sometimes be repetitive(in 12 reviews)

  • status reporting, and (3) data entry(in 8 reviews)

21 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Good Intro

    Senior Consulting Associate (Current Employee) Washington, DC

    ProsGood Intro to Industry. Ability to work on a variety of asset classes and clients. Sophisticated clientele. Goof work life balance/benefits.

    ConsPay is mediocre and no clear promotion metrics. Flat structure - need MBA to advance. Some consultants younger with less experience.

    Advice to Senior ManagementMake team/promotionstructures clearer. Increase communication. Look to develop program to move employees to other roles after a few yrs. Offer more perks to add color to the Cambridge experience.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Excellent first job that opens doors for a strong future in finance.

    Consulting Associate (Current Employee) Menlo Park, CA

    ProsExcellent exposure to multiple asset classes. You get to work with extremely intelligent and knowledgeable people. Reasonable hours and a good work/life balance. Good benefits and vacation, and management is very reasonable about letting people take vacation. They also try to make sure to stay informed about employee morale.

    ConsLack of ability to be promoted beyond a certain level without a masters degree. Very low pay relative to the rest of the finance industry. The work can be very cyclical, so there are times when there is very little to do and other times when there is way too much to do.

    Advice to Senior ManagementNone

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Friendly colleagues and great clients to work with but extremely poor management. Specially in smaller teams.

    Anonymous (Former Employee)

    ProsGenerally good people and friendly.

    ConsSenior management and operations lack serious know how on what's best for the employees and the firm and are not sympathetic enough.

    Advice to Senior ManagementSandie Urie is a kind CEO and she takes time to get to know her employees in some shape or form. I'd recommend other senior staff specially in European offices to understand the business and their employees at a more personal level.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good place to start out

    Consulting Associate (Current Employee) Singapore (Singapore)

    Pros-Broad exposure to asset classes, especially in Alternatives
    -Teamwork-orientated culture
    -Flat hierarchy

    Cons-Culture that does not incentivize individual outperformance
    -lack of exit options vis-a-vis other roles
    -lack of a progression plan

    Advice to Senior Management-reorganize incentive scheme to retain top talent and cut 'deadweight' laggards
    -put together a clear and definable progression plan

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    OK place to work

    Anonymous Employee (Former Employee)

    ProsGood culture, good place to work after college

    ConsMiddle management needs more training

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    -

    Anonymous Employee (Former Employee)

    ProsFlexible hours, good benefits, generally collegial environment. Senior level management intellectually sharp and willing to help and mentor younger consultants

    ConsCompensation is probably the biggest con. They pay significantly less than comparable jobs at other firms. Also, competition within the group can get fierce as promotion time comes up.

    Advice to Senior ManagementChange your compensation structure so that you're not just satisfying the most senior folks in the company. Consider your turnover rate and how that might be changed with better salaries.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Fair

    Associate (Current Employee)

    Prosa very good position for college grads. If you wanna learn more about investment industry, maybe this is the right place for you. But not for experienced ppl cuz their pay are not as good as other company.

    ConsThey have pretty crazy working hours :/ but you learned this fact when you decided to take the job...isn't it...

    Advice to Senior ManagementI will said they should higher their compensation in order to keep outstanding employee, this is sad when most of the people in the office just got trained and they will leave the company by the time they can make real contributions.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Once you reach the Analyst position

    Investment Performance Analyst (Current Employee)

    ProsOnce you become an Analyst you have a lot more flexibility and leadership opportunities. Similarly, there a tons of opportunities to get involved, but you do need to be proactive and seek them out. The position is realyl what you want to make of it.

    ConsTo get to the Analyst role there is a lot of time spent in the Associate and Senior position, which can be quite grueling and thankless at times. Also, promotion is only available when there is an opening, so despite exceeding expectations and ready to move on to the next step, I was stuck in the other roles longer than necessary.

    Advice to Senior ManagementThere should definitely be more increases in salary. Salary is good for starting, however, it could be a year or two before you see any increase.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    great company, mediocre job

    Investment Performance Associate (Former Employee)

    Pros- great company reputation and interesting field of work
    - straight 8 to 5 work days
    - fun people

    Cons- poor pay
    - very little collaboration between investment performance associates and consultants
    - back office work
    - monotonous work that resembles data entry
    - very little effort by management to make staff happy
    - no on going training

    Advice to Senior ManagementBe creative in making sure your employees are happy - including increasing pay. Promote collaboration between divisions.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Compensation is horrible

    Senior Consulting Associate (Current Employee)

    ProsWork with interesting clients and consulting teams that will push you to learn a lot over the first year. After 12 months you should be able to speak intelligently about most aspects of investing and will have several good stories to share in interviews.

    ConsThe pay is embarrassing, especially considering how many 70-80 hour weeks you'll work. Another big problem is that most of the recruiting, training, and consulting associate management is run by your peers so it's more or less a joke. You'll be reviewed by someone who was doing the exact same thing you were 6 months ago, so the opportunity to really get feedback or move up/negotiate doesn't exist. It's also worth noting that CA doesn't believe in firing anyone, so there is a lot dead weight lurking around corner, so beware if you're intelligent and good at your job you'll be rewarded with high priority clients that take more of your time, but you won't be compensated.

    Advice to Senior ManagementFire all the secondaries, and hire bright hungry kids as CAs who after 2 years could take the decision to go to B-School or act as a secondary...also, trim the fat.

    No, I would not recommend this company to a friend

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