Duff & Phelps Reviews

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Duff & Phelps Chairman, President, and CEO Noah Gottdiener
Noah Gottdiener
14 Ratings

Pros
  • Good work life balance and somewhat interesting work (in 9 reviews)

  • With some effort, patience and skill, there are doors that open at Duff and Phelps, and you have flexibility to create your own work environment (in 11 reviews)

Cons
  • Work life balance is subpar with high turnover (in 10 reviews)

  • Long hours, low wages, management was unwilling to do their job and did not keep agreements made with temporary workers (in 11 reviews)

More Pros and Cons

20 Employee Reviews

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  1. Helpful (3)

    Management was unwilling to intervene in hostile work situations

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Property Tax Specialist in Addison, TX
    Former Contractor - Property Tax Specialist in Addison, TX
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Duff & Phelps as a contractor (Less than a year)

    Pros

    Nice office, decent technology to work with, lots of cool people to work with and nice break rooms.

    Cons

    Long hours, low wages, management was unwilling to do their job and did not keep agreements made with temporary workers

    Advice to Management

    Treat your lowest tier employees like they matter to you and you will have better retention rates


  2. Helpful (3)

    If you care about your career, don't work here. If simply need any job you can get, well then go for it.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous
    Current Employee - Anonymous
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Duff & Phelps full-time (More than a year)

    Pros

    There are some good people working at Duff...that's pretty much it.

    Cons

    Insufficient training Uncaring leadership Random rounds of layoffs Lots of in fighting Lots of favoritism Under development of junior staff Terrible bonuses Average base pay Zero work-life balance Performance management process is a joke. No modeling for juniors until 2+ years at the firm. Formatting things until your hands begin to cramp. People stealing credit for your work. Cliques are everywhere. You cannot trust anyone because almost everyone gossips.

    Advice to Management

    Pay should equal effort. Stop lowballing employees. Encourage senior staff to be more engaging with junior staff. Stop trying to motivate employees thru promises of good bonuses. The bonuses never live up to the hype.


  3. Helpful (3)

    Never again.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Banking Analyst
    Former Employee - Investment Banking Analyst
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Duff & Phelps full-time (Less than a year)

    Pros

    The admins were cool. All very down to earth.

    Cons

    - The culture was in my opinion, very pretentious (which is surprising because well... its D&P). - Expect a bonus that is only 10-20% of what your peers would be getting at top MM firms and bulges... if they screw you more beyond that, it may be close to 5% of what others are receiving. - No structure. The training in the boonies of Illinois was a JOKE. I learned nothing sitting with my peers in the Tax, Valuation, Dispute Consulting, Transfer Pricing... etc. How do they expect to properly train employees in the IB practice when we have 2 weeks to learn about D&P's laundry list of other practices... - You have to study for the series on your own WHILE WORKING 100+ hour weeks. That's right. D&P offers ZERO training or separate time for you to prep for your series exam so expect to be cramming/extremely tired your first 3 months on the job studying and working simultaneously. You have to take both the series 79 and 63 and after a few more months... the series 7 as well. - If you want to work on M&A, this is not the right firm. If you want to scrub comps, work on Salesforce (looking up contact information and data entry) and pitch all day and all night, this will be the right firm for you. - Aside from training being unstructured, the analyst program itself is unstructured, as well as, the firm. Because the firm is trying to compete with bigger banks, a lot of investment is going into building an FSG practice. What does that mean for analysts? SALESFORCE ALL DAY, ALL NIGHT. Expect to become an expert at looking up addresses, phone numbers, websites, port cos, etc. It will make you question why you went to a university in the first place. - Have you ever heard about a bank that offers $25 of dinner meal reimbursements but yells at you for eating $20-25 meals? I didn't until I worked at D&P. I can't count how many times MDs have pulled me into their office because my meals were "too expensive." Maybe they should reconsider working me to the ground before complaining to me about my dinner expenses. - If you want to work yourself to the ground, while not getting paid appropriately for the hours and having to be cognizant about your dinner expenses at chipotle AND have no exit opps when you try to leave, by all means-- this may be the place for you!

    Advice to Management

    If you want to compete with bigger banks, I suggest you start paying employees like they work at bigger banks and giving them similar perks.


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  5. Decent work/life balance

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in New York, NY
    Current Employee - Director in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Duff & Phelps full-time (More than a year)

    Pros

    decent work /life balance here

    Cons

    company is poorly run - too much fighting amongst groups over who gets the revenue versus actually maximizing revenue for the firm


  6. Helpful (1)

    I wouldn't recommend

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Duff & Phelps full-time (More than a year)

    Pros

    good opportunities to learn, get thrown in on lots of projects, big name clients

    Cons

    incredibly long hours and weekend work and very little pay relative to hours worked, zero ability to control or predict your schedule, the company expects you to have your computer when you take vacation, the rating system is on a curve aka even if more people are great, they can't get assigned the higher rating and they have to have some assigned as the lowest rating, incredibly low bonuses, no loyalty to employees, people are incredibly intense and can only talk about work, culture is intense, stiff, and people aren't friends


  7. Disappointing...dispute consulting division

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Dispute Consultant in Chicago, IL
    Former Employee - Dispute Consultant in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Duff & Phelps full-time

    Pros

    lean team structure on certain engagements

    Cons

    overworked poor pay laughable bonus poor training poor staffing structure i suggest looking to other litigation consulting firms unless you have an interest in IP litigation

    Advice to Management

    be less cold-hearted


  8. Helpful (1)

    Long hours, terrible compensation, poor culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Chicago, IL
    Former Employee - Analyst in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Duff & Phelps full-time (More than a year)

    Pros

    You will become an expert at putting pitches together because that's all you will do. The company rarely ever wins a pitch. The firm's sweet spot is negative EBITDA companies.

    Cons

    Some managing directors will screw anyone over for a deal, even their colleagues at the firm. Bonuses will be hyped so that you work extra hard (especially thought the holidays) but when it comes time to pay bonuses senior management always have an excuse about how it was a tough year. My bonus working a 9-5 corporate role was higher than working 90+ hours a week at Duff.


  9. Property Tax Integration Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Property Tax Integration Analyst in Dallas, TX
    Former Contractor - Property Tax Integration Analyst in Dallas, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Duff & Phelps as a contractor (Less than a year)

    Pros

    Great location, beautiful offices. The people are very friendly and the have free soda!

    Cons

    Hiring practices are unprofessional! I was hired, asked to work temp for 3 months and then told to show up for training. I showed up for training on a Monday with one other woman who had also been hired and 6 temps. On wednesday, the trainer told us that only three people from the class would be kept on friday. Myself and the other woman that was hired were not of the 3 kept to stay at Duff and Phelps. They would not tell us why!

    Advice to Management

    Find a better way, your so called training class for new employees is a joke!


  10. Helpful (3)

    Duff and Phelps was a toxic place to work due to lack of MD's care to help those below them.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Chicago, IL
    Former Employee - Senior Associate in Chicago, IL
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Access to projects If you are a associate you will have tremendous responsibility because the folks hire up won't be there for input.

    Cons

    Company culture changed when it went public from valuation firm to accounting firm. MD's who were not smart enough to carry their own weight or bring in decent business. MD's looked out only for themselves when company went public Company suffered when they change income generation from Associates with MBA's from top schools to Associates barely out of college with no experience. No diversity.

    Advice to Management

    Have your workforce mirror your clients as far as intelligence and diversity


  11. Helpful (1)

    This is a personal wealth play - for the C-suite only

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Good access to clients who have come to trust D&P employees

    Cons

    Management has no real management experience and only manages to the numbers to satisfy stock analysts - will say anything to get the stock price up so they can cash out.

    Advice to Management

    Try to actually care about the staff instead of yourselves.



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