Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com

Cambridge Associates, LLC Reviews

Updated December 19, 2014
Updated December 19, 2014
147 Reviews
3.7
147 Reviews
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Cambridge Associates, LLC Chairman and CEO Sandra A. Urie
Sandra A. Urie
103 Ratings

Review Highlights

Pros
  • Good work / life balance with opportunities to learn a lot about portfolio management quickly (in 24 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc (in 15 reviews)


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

  • status reporting, and (3) data entry (in 9 reviews)

More Highlights

81 Employee Reviews Back to all reviews

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  1.  

    Great learning experience for somebody fresh out of college.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consulting Associate in Boston, MA
    Current Employee - Senior Consulting Associate in Boston, MA

    I have been working at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Broad exposure to various asset classes, get to work with many smart and talented peers and senior team members, generous benefits including paid time off

    Cons

    Compensation is on the lower end of the spectrum, work can become repetitive after a few cycles

    Advice to ManagementAdvice

    Monitor and manage staffing situation better so that associates are not prematurely assigned to new clients before having a chance to fully evaluate capacity.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful  

    A Place for Average People to Have a Sedentary Career in Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consulting Associate in Boston, MA
    Current Employee - Consulting Associate in Boston, MA

    I have been working at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Pro
    Exposure to over 30 years worth of private equity, venture capital, hedge fund, and public market data that cannot be rivaled.

    Caveat-
    You will have to hunt for this information, though, as is the IT and internal software does not make it easy to find or couple relevant data streams to eachother.

    Pro
    The people of Cambridge are generally good, nice, amicable people

    Con
    It's all an act. The illusion of professionalism masquerading as professionalism itself

    Cons

    Everything ties back to the salaries that Cambridge pays, which discourage talent from staying and doesn't attract new talent from joining....

    Cambridge's organizational infrastructure was designed by Rube Goldberg; a company full of middlemen that shuttle hot potatoes.

    Client's are dropping Cambridge on a nearly weekly basis.

    Management is filled with people who's primary skill is loyalty to Cambridge, not true business line acumen.

    Knowledge is so compartmentalized that no one - even at the board level - knows what's going on.

    Consultants are more like waiters than subject matter experts. They sell the same products and managers to all of the clients, negating the tales of personalized portfolio tailoring that they advertise.

    Cambridge is a chronic overpromiser and underdeliverer to clients, employees and itself.

    Advice to ManagementAdvice

    Take people's advice and do the opposite of what you're currently doing.

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

    Good place to start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Junior Research Associate
    Current Employee - Junior Research Associate

    I have been working at Cambridge Associates, LLC full-time

    Pros

    Friendly people, opportunity to learn

    Cons

    The work gets old, management at times micro-manages

    Neutral Outlook
    Approves of CEO
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  5.  

    Great benefits, flexible environment, lack of direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Professional in Arlington, VA
    Current Employee - IT Professional in Arlington, VA

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    Great benefits, flexible hours, possible work-from-home options (depending on position)

    Cons

    Lack of communication across departments and even within some departments. The IT department has lack of vision, undefined career paths, little investment in employee growth/training.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Fantastic Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Business Analyst in Arlington, VA
    Current Employee - Senior Business Analyst in Arlington, VA

    I have been working at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    I'm very curious to see where this company is in 3-4 years. They are doing a lot of internal software development and are expanding their OCIO segment. Great company that listens to employees and helps them get to where they want to go from a career standpoint. Entry-level pay is not competitive but it definitely gets better as you are increasingly able to add more value to the business. Great boss, great colleagues, and great location. It truly is a very team-oriented environment.

    Cons

    I can see other folks in different positions within the company having some issues, but as it pertains to my job I really have a hard time coming up with cons.

    Advice to ManagementAdvice

    They know what they are doing and my advice is probably not super beneficial.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Make your own career path.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Performance Analyst in Washington, DC
    Current Employee - Investment Performance Analyst in Washington, DC

    I have been working at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Can pursue your own specific interests. Autonomy. Very intellectual colleagues. Great opportunity for professional advancement. Significant market exposure.

    Cons

    Low salary for the industry. Limited vertical movement potentials. Long hours

    Advice to ManagementAdvice

    Help the staff advance their careers more fully. Professional Development

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great working environment, Great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Boston, MA
    Current Employee - Business Analyst in Boston, MA

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    Most people are willing to cooperate, resonable and smart. Great work/life balance. Open minded leaders with long-term perspective in enterprise development.
    The company also provides great career path for the internal employees, and many people work for the company more than 10 years, even 20 years.

    Cons

    I could not tell much about the cons, since I like this company. If I have to something, I will say that the work pace could be a little faster. Be more responsive to the market change and be more client-oriented.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Unique Experience but overall positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Research Analyst in Arlington, VA
    Current Employee - Senior Research Analyst in Arlington, VA

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    - Because of the timing of some department shifts I was able to have accelerated growth within the department. With that said there is room for growth alongside hard work.
    - Decent work-life balance
    - Pro professional designations (CFA/CAIA help financially)
    - Extremely intelligent co-workers

    Cons

    - Salary; despite numerous promotions the ceiling for salary is not comparable to others in the area. Not to say you can't make a decent living, it's just not the same regarding salary level.
    - Communication between departments is limited, despite groups working together.
    - Consultant-first attitude leads to disdain towards consultants.
    - Too focused on low-turnover. Many employees skate by without really putting in the hours of others, but a refusal by management to cut ties leads to complacency and leads to bad work ethic going unpunished.

    Advice to ManagementAdvice

    - Re-evaluate how you view terminating employees. Your view towards retaining talent is good, but you allow complacency with tenured individuals who do not hold their weight.

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Great Place to Start My Career!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Research Associate in Arlington, VA
    Current Employee - Research Associate in Arlington, VA

    I have been working at Cambridge Associates, LLC full-time (less than an year)

    Pros

    - Excellent Location in Arlington. Our building is right next to the Metro (Ballston on the Orange line). Our floors were recently renovated - two kitchens on each floor, a gym and parking downstairs, a cafe with good healthy food, large workspaces.

    - Fun environment. Every month we have either bagels or ice cream socials for that month's birthdays. We have a Holiday party in December (last year it was at the Ritz in DC) and a Picnic in the summer.

    - High Caliber Colleagues. My department is very selective when it comes to recruiting which means that all of my colleagues are highly capable individuals. It feels good knowing that my colleagues care just as much about their work as I do.

    - Interesting Work. I can't share too much here, but I get to build relationships with individuals at all levels of Cambridge and as well as those that work at the industry's leading investment management firms.

    - Generous Benefits. Tons of time off, comparively speaking, excellent health and 401k benefits.

    - Opportunities for Advancement within the Firm. There are been at least 4 or 5 individuals in my department that have moved to other positions (vertically) within the last 8 months.

    - Top-tier Management. Our management team is top-notch. They truly care about their teams and treat us with the utmost respect. They are in-tune to the fact that we won't be at Cambridge forever and provide us with general professional development whenever possible.

    Cons

    I wish I was paid more - but doesn't everyone?! Some of the reviewers may complain about compensation at Cambridge, but new college grads will be able to afford a pretty comfortable living.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great entry level job - lots of opportunities for growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Associate in Arlington, VA
    Current Employee - Research Associate in Arlington, VA

    I have been working at Cambridge Associates, LLC

    Pros

    I've found my time at Cambridge to be incredibly rewarding thus far. Management is incredibly supportive and invested in your professional growth and development. The department that I work in has a very team-based, collegial atmosphere. People are very positive, upbeat, and willing to lend a hand. Lastly, the firm is a true meritocracy and hard work is always rewarded.

    Cons

    Given the nature of the finance industry, occasionally long hours are required. When you start out, you're not given too much paid vacation, but I believe by industry standards it is fairly generous.

    Advice to ManagementAdvice

    Please keep up the level of support and guidance you offer. This support coupled with the transparency provided is greatly appreciated.

    Recommends
    Approves of CEO

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