Rothstein Kass
2.9 of 5 39 reviews
www.rkco.com Roseland, NJ 1000 to 5000 Employees

Rothstein Kass Reviews

Updated Apr 14, 2014
All Employees Current Employees Only

2.9 39 reviews

                             

80% Approve of the CEO

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Steven Kass and Howard Altman

(5 ratings)

36% of employees recommend this company to a friend
22 Employee Reviews Back to all reviews
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Super Nice place to work

Senior Associate (Current Employee)
New York, NY

I have been working at Rothstein Kass full-time for more than a year

Pros1) You will learn everything about Hedge Funds
2) Very Experienced people to train the staff
3) In House training available for all levels of people
4) Decent Summer hours

Cons1) No Experience in Private Equity

Advice to Senior ManagementContinue the good Job.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Backstabing, overworked, inhumane treatment

Senior Associate (Current Employee)
New York, NY

I have been working at Rothstein Kass full-time for more than 3 years

ProsPretty good benefits, and paid over time

ConsOpportunity to learn, depending upon whom you work for

Extremely unappreciated employees and a huge turnaround

Very toxic work environment & culture where back-stabbing is encouraged & allowed. Alot of the seniors I worked with gave a ton of work and then went back their desk, sat back and chat with other seniors about the last episode of Lost. The staff I & II are very overworked and the few seniors that take pride in their job and take the time to explain to staff how to do things in an audit are usually the ones fired at end of busy season.

The SENIORS WHO ARE LAZY and stuff their staff with everything THEY should be doing so, can take 2 hours of breaks (excluding lunch) are the ones kept around. They are the ones who usually BACKSTAB those under them by blaming others for hours billed to a client when it's them who didn't work for the hours theycharged the client. And of course it's these types of seniors and managers that get to head up roundtable meetings cause they are such "real leaders" when it's them who talks behind people's backs but they give a big smile when they see the same person face to face.

Management can keep denying how miserable most of the company’s employees are and they keep promoting alot of the backstabbing seniors who head up the roundtables but when most of us decide to leave the company you will be stuck with those seniors who will be partners and you wll looking back and think "huh this is why all these people quit?" Just look at who the company kept and promoted to high levels for the answer.

Favoritism rules the day. If the managers/partners don't like you, don't expect to advance, even if you're talented. Don’t expect to win a rebattle with seniors who are liked by a partner.

There is NO CONFIDENTIALITY EVEN WITH HR! The minute you go into a meeting with HR or a partner the entire office will know your discussion in about 2 hours!! Absolutely horrible!! HR should get fined for not keeping conversations private!

Happy hours is not for everyon..., unless you know the right people, you're not getting invited.

Advice to Senior ManagementFocus on really making the changes you say you're going to make, (ie make the company to run like Zappos) by making PARTNERS AND MANAGERS show the SAME RESPECT they want given, instead of YELLING AND CHEWING OUT STAFF.

Need to improve HR department and employee evaluation since good/hard-working people get thrown under the bus and lazy people who are friendly with the right partners are left alone and get promoted even though they are idiots.

Giving power to a handful of seniors can get out of hand since they hold alot of power and can take adntage of it. Please don't have 4 or 5 seniors determining who should stay or who should go and they are the eyes and ears of management. You don't get it that those 4-5 can conspire and get anyone fired who speaks up about their misstreatment by them! It makes other feel like it's Big Brother environment and you are being watched all the time. Stop that so that working at Rothstein Kass can feel warm and welcoming place to be.

No, I would not recommend this company to a friend

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A great learning experience!

Audit Intern (Current Employee)
Denver, CO

I have been working at Rothstein Kass as an intern for less than a year

ProsGreat pay because of overtime!
Office culture is a plus!
Amazing senior management, always has a open door policy!

ConsLong hours!
No work life balance, but that come with working at an accounting firm during busy season....
Career Opportunities are lacking because of slow business during off season.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Rothstein Kass - Talking The Talk, Not Walking The Walk

Anonymous Employee (Current Employee)
New York, NY

I have been working at Rothstein Kass full-time

ProsGrowing firm in accounting world.
Good opportunities to get experience in hedge fund industry, so you can find a good job after five years if you use RK to build your credentials.
Lots of fun events.

ConsFavoritism rules the day. If the managers/partners don't like you, don't expect to advance, even if you're talented.
They preach about respecting everyone in the firm, but keep on partners who don't show any respect to their staff because the partners bring in lots of $$$.
One team motto.... when really it's more like forty five teams.
Happy hours for everyone... well almost everyone, unless you know the right people, you're not getting invited.
Pay sucks. Firm askes what you want, and then offeres less. Is that how you retain talent?

Advice to Senior ManagementFocus on REALLY making the changes you say you're going to make, by making partners and managers show the same respect they want given, instead of yelling and chewing out staff.
Also, the focus is on making practice staff happy, what about the non-practice personnel? Seems they're forgotten as well, and don't enjoy the same benefits (PTO time off), events (a lot don't get invites to happy hour events, to name one instance), opportunities to grow (really, if you're not pratice staff, what do you work towards?).

No, I would not recommend this company to a friend

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Overtime!

Senior Associate (Current Employee)
New York, NY

I have been working at Rothstein Kass

ProsGood amount of vacation days, pretty good benefits, and paid over time. People are younger and are friendly for the most part.

ConsThe office environment could feel like highschool at times. There's no clear vision of your future at this firm. ok

Yes, I would recommend this company to a friend

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Rothstein Kass -

Anonymous Employee (Current Employee)
Roseland, NJ

I have been working at Rothstein Kass

ProsDecent benefits and PTO
Many great co-workers
A diverse group of employees
Opportunity to learn, depending upon whom you work for

ConsIncreased pressure to "network" since business downturn
Quality of client experiences vary
Increased pressure to keep time "down" on complex jobs because clients want lower fees
Quality of training varies from poor to excellent, with little oversight

Advice to Senior ManagementDon't "buy" business from clients and then expect jobs to come within an unrealistic budget
Don't make promises to clients without considering your staff's workload

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depends on which group you are working for

Senior Tax Accountant (Current Employee)
New York, NY

I have been working at Rothstein Kass

ProsMid-sized...well diversified, fair compensation, many talented people

Conslong hours busy season 75-80 hours, politics

Advice to Senior ManagementPlease do not fake people... do not fight, managers!

No, I would not recommend this company to a friend

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Backstabing, overworked, inhumane reatment

Anonymous Employee (Current Employee)
Roseland, NJ

I have been working at Rothstein Kass

Pros7 weeks vacation a decent health coverage. You will learn alot in your first few months at the company. The company has a reputation in the finance field so it looks good on your resume when looking for other jobs in hedge funds.

ConsToo much backstabbing at Rothstein. Alot of the seniors I work with give a ton of work and then go sit back and chat it about the last episode of Lost. Those of us at the low levels are very overworked and the few seniors that take pride in their job and take the time to explain to staff how to do things in an audit are usually the ones fired at end of busy season.

The seniors who lazy it up and stuff their staff with everything they should be doing so they can take probably 2 hours of breaks (excluding lunch) are the ones kept around. They are the ones who usually backstab those under them by blaming others for hours billed to a client when it's they who didn't hard hard for the hours they did. And of course it's these types of seniors and managers that get to head up roundtable meetings cause they are such "real leaders" when it's them who talks behind people's backs but they give a big smile when they see the same person face to face.

The partner level leadership are completely clueless. They tell staff and lower seniors theat they shouldn't complain when it's 10 pm and they are required to email scheduling if there is anymore work that needs to be done. One aprtner even stated that hey if you have to stay until 1 or 2 then that's the nature of the business. But when you walk by the partners offices they are usually done by 5 or 6. They tell us oh how they have to work harder than us during review time for financials which is the time they claim he have reduced schedules and are enjoying the time. That is a lie. We are here just as late and if not later than msot of these aprtners who still go home early.

They tell us how we need to do more to impress the clients and how it is not enough. Last I check it's the few of us that are working hard late trying to get things done while the leadership of the company are talking about how they couldn;t paly as much golf over the weekend cause of the rain. I barely have time for ymself and while they claim how Rothstein Kass is about being balanced most of us know that is just another lie.

Management can keep denying how miserable msot of us employees are and they can keep promoting alot of the backstabbing seniors who head up the roundtables but when most of us decide to leave the company you will be stuck with those seniors who will be partners and you iwll look back and think "huh why did all these people quit?" Just look at who you kept and promoted to hhigh levels for the answer.

Looking at what is psoted and not postd guidelines I have a feeling someone from RK managment will complain because they don't want the truth out there. No problem. Silence people here but people will end up quitting and so the new, unsuspecting people who can't read reviews like this will have to waste an year or two of their lives to get the lesson. If this is about educating people who a company, they should read the good and bad about a company and then use their intuition to decide if a company is good for them or not. This is based on my experiences and they are real. And if I seen a review like this before I came here, then I would never have wasted my time with this company. But I am stuck here until the economy can get better and there are more jobs that are available to be had. Hopefully this review makes it.

Advice to Senior ManagementLeadership needs to start treating their employees as human beings and not robots. Cutting employees citing a "down economy" when you are one of the few company who made a huge profit discourages employees. Hire more employees but stop taking on more clients. Otherwise you will keep getting more and more people leaving. They haven't left yet because it is a down economy for loooking for other jobs. So please dot he right thing and treat us s humans. You will burn out the few of us who work hard and actually care about the company. But continually overworknig employees will cause employees to resent the company and want to leave. It does not foster any trust in management. Reviews cannot be only from top down or manger up to partner but seniors need to be reviewed too. Giving power to a handful of seniors can get out of hand since they hold alot of power and can take adntage of it. Please don't have 4 or 5 seniors determining who should stay or who should go and they are the eyes and ears of management. It makes other feel like it's Big Brother environment and you are being watched all the time. Stop that so that working at Rothstein Kass can feel warm and welcoming place to be. Also Rothstein Kass management said they were committed to diversity in management positions. But last year you let go of the majority of nonwhite employees at the senior level. Stacking the staff levls with nonwhites but not allowing the majority to go far in the seniro, maanger and partner levels discrdits your policy to try and diversify Rothstein Kass. The people you let go were not the worst employees so there is no excuses. If management sticks to their word, employees will felt hey can trust management. Management should not be making a big push about how employees need to be wowing clients. They need to start thinking how can Rothstein Kassmanagement start wowing their employees. Wowing your employees will help keep t he good people who work hard and care in the company. That only helps Rohstein grow as a company by having less turnover, improved morale and so better company performance for the company in profits.

No, I would not recommend this company to a friend

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Senior Auditor

Senior Auditor (Current Employee)
New York, NY

I have been working at Rothstein Kass

Prosgreat pay, you can earn up to 7 weeks vacation or choose to be paid in cash for overtime worked,

Conslack of proper training, lack of acknowledgement of good work, lack of constructive feedback, lack of professional environment, lack of opportunities for career advancement

Advice to Senior ManagementImprove performance evaluation process, improve brand name by improving the quality of work not by lowering price, improve consistency in work performed and management philosophy

No, I would not recommend this company to a friend

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Smart leadership but no regard for employees.

Anonymous Employee (Current Employee)
New York, NY

I have been working at Rothstein Kass

Pros1 - Great place to learn the financial services/hedge fund industry.
2 - Great people to work with. RK is a very friendly and casual atmosphere.

Cons1 - It can be difficult to get progressive career experience. Senior managers/partners don't involve staff/seniors in any unique projects.
2 - Very long hours (although staff/seniors are paid straight OT).

Advice to Senior ManagementDo something to show appreciation of the work your employees provide. I mean anything....a pizza day, a company happy hour.....anything. Just something. There is an entire firm of jaded and unmotivated individuals who are not going to have the desire to meet client expectations. People aren't going to believe that "next time" they will be appreciated for all their hard work, late nights, saturday and sunday workdays, and giving everything they have to the firm. These people won't be going above and beyond to please the client and their superiors because there is no self-interest in doing so anymore.

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Rothstein Kass – Why Work for Us?

Rothstein Kass is a premier professional services firm that has served privately held and publicly traded companies, as well as high-net-worth individuals and families, for more than 50 years. As trusted advisors to our… Full Overview

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Glassdoor is your free inside look at Rothstein Kass reviews and ratings — including employee satisfaction and approval rating for Rothstein Kass CEO Steven Kass and Howard Altman. All 22 reviews posted anonymously by Rothstein Kass employees.