Fortress Investment Group Reviews

Updated July 13, 2015
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2.0
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Randal A. Nardone
2 Ratings

Pros
  • Learn a lot and get lots of exposure to a variety of markets (in 3 reviews)

  • There is a large learning curve and you are thrown into the fire right from the start (in 4 reviews)

Cons
  • work life balance/ no opportunity for advancement (in 5 reviews)

  • Long hours at times, but that's expected at a firm like Fortress (in 5 reviews)

More Pros and Cons

8 Employee Reviews

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  1. Helpful (1)

    Tough place to work

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

    I have been working at Fortress Investment Group (More than 8 years)

    Pros

    Great medical, dental and vacation plans.

    Cons

    Difficult to move internally with little to no growth opportunity. Corporate culture is not friendly, and lots of politics.


  2. Good working environment

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

    Pros

    Located at nice building with strong business growth. Pay well with great bonus if you work hard and report to the right manager.

    Cons

    Management team need to show their respect to employees. They layoff people without explanations which totally ruin people's talents and professions.

    Advice to Management

    Sr. executive management show reevaluate their executive management skill. HR needs to step up to protect talents.


  3. Helpful (5)

    Learn how sharks operate in a world where Information is power, and none of it leaks out from the very top.

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

    I worked at Fortress Investment Group full-time (More than 3 years)

    Pros

    Looks good on resume, you'll work on very sophisticated deals, will learn a lot, and will make money.

    Cons

    Be prepared to lose friends and spouses while working here, because you won't have time to spend with anyone else but your coworkers, who will likely be depressed and disinterested in anything but money at this phase in their lives, because this job might have already destroyed much of what makes life worth living.

    Advice to Management

    None. High turnover keeps salaries low & profits high, per the company's mission. Paranoia continues to serve you, because there are bad people who work for you, and would probably like to destroy you were it not for the deal exposure and potential to earn something slightly higher than an investment banking career, but only if they're smart enough to obtain or create some information that could potentially blackmail those at the very top. You've succeeded in creating a culture of fear, power, betrayal, nepotism & money, while avoiding giving back to the community in any meaningful way. Congratulations, you're the epitome of Machievellian capitalism, kind of like the Vatican of hedge funds. I'm guessing you'd actually be proud of yourself reading this, because of how you romanticize the myth of the industrialists capitalists of generations past, who felt they owed nothing to the common good aside from demonstrating how to become wealthy. A review like this very likely inflates your ego as someone who thrives on a shallow form of monetary power, no matter what the cost to humanity. Your investors probably like it too, actually, so keep up the good work.


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  5. Accounting role

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great learning curve and exposure

    Cons

    Very demanding deadlines and as such long hours


  6. VP

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

    Pros

    good compensation, intelligent coworkers, good experience

    Cons

    work life balance/ no opportunity for advancement


  7. Helpful (3)

    Stifling

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

    I have been working at Fortress Investment Group full-time (More than 3 years)

    Pros

    The benefits are great, and the pay isn't bad.

    Cons

    You will never get promoted and your ideas will be ignored. No one in a position to care about your career does anything to help further you along. HR department is unproductive for employees.

    Advice to Management

    Pay attention to mid management. They are pouring poison on the fruit vine.


  8. Helpful (3)

    Extreme micromanagement

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

    I have been working at Fortress Investment Group full-time (More than 3 years)

    Pros

    Reputable well diversified hedge fund and the pay is pretty good. Working hours are decent, exposure to various credit investments.

    Cons

    Poor management and governance. No autonomy or scope for career growth. Extreme micromanagement and red tape. No appreciation for one's work. No morale boosting.

    Advice to Management

    Trust your team to be responsible enough to complete the given task by the deadline, instead of sending constant annoying reminders and follow ups. Appreciate and recognize good work which boosts morale.


  9. Helpful (3)

    Hate it

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

    Pros

    the money is good..if your love for money outweighs your self-worth come here to work

    Cons

    stressful environment due to political nonsense and bally hoo

    Advice to Management

    None, I doubt they'd listen



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