Rothstein Kass

  www.rkco.com
  www.rkco.com

Rothstein Kass Reviews

Updated June 11, 2014
Updated June 11, 2014
49 Reviews
3.2
49 Reviews
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Steven Kass and Howard Altman
9 Ratings

26 Employee Reviews Back to all reviews

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  1. 2 people found this helpful  

    Backstabing, overworked, inhumane reatment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Roseland, NJ
    Current Employee - Anonymous Employee in Roseland, NJ

    I have been working at Rothstein Kass

    Pros

    7 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.

    Cons

    Too 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 ManagementAdvice

    Leadership 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.

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Stay away from Rothstein Kass if you can

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Audit Associate in Roseland, NJ
    Current Employee - Audit Associate in Roseland, NJ

    I have been working at Rothstein Kass

    Pros

    learning about hedge funds & accounting, understanding what it's like to work for a horrible, unfair company so that you can appreciate better jobs later

    Cons

    partners & senior managers are spineless and love to throw people under the bus the first chance they get, there was a layoff this past Monday 4/27/09

    Advice to ManagementAdvice

    get some integrity & humanity

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Not a great firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Staff Auditor in New York, NY
    Current Employee - Staff Auditor in New York, NY

    I have been working at Rothstein Kass as an intern (less than an year)

    Pros

    Work Life balance for public accounting firm
    Hedge Funds experience

    Cons

    Sinking ship firm has no structure

    Advice to ManagementAdvice

    Tain employees

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    RK was a great place to work. Operative word being "was"

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

    I have been working at Rothstein Kass

    Pros

    Great advancement and learning opportunities, competitive salary, good benefits and loved my coworkers. Training reimbursement and support from mgmt made it easy to pursue professional certifications.

    Cons

    Flavor of the week initiatives and greed at the top sunk this firm. Culture was good until the disastrous introduction of the core values. Forced training was aggravating and only loosely applied to job responsibilities.

    Advice to ManagementAdvice

    Practice what you preach

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    Easy

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

    I have been working at Rothstein Kass full-time (more than an year)

    Pros

    -One fair Partner who is very proactive and listens to the needs of his employees
    -The job is simple and can be done efficiently with all the resources available when you work with managers whose interests support the firm interests as a whole.

    Cons

    -The system always freezes and IT blames it all on the server and there's just 'nothing' that can be done.
    -Some members of management believes in only ONE way to audit
    -Personal preferences affect the evaluation process
    -Very detailed that Supervising Seniors miss the big picture of the audit because they focus too much on the neatness and uniformity of workpaper documentation

    Advice to ManagementAdvice

    The world of auditing is diverse and it continuously evolves so efficiency is key to more competitive bidding and winning proposals. Your traditional ways are in no way contributing to your efforts of being efficient. Educate your managers and supervising seniors who are afraid come out of their comfort zones and accept other audit methodologies that encourage efficiency.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Backstabing, overworked, inhumane treatment

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

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

    Pros

    Pretty good benefits, and paid over time

    Cons

    Opportunity 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 ManagementAdvice

    Focus 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.

    Doesn't Recommend
    Neutral Outlook
  8.  

    Rothstein Kass - Talking The Talk, Not Walking The Walk

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

    I have been working at Rothstein Kass full-time

    Pros

    Growing 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.

    Cons

    Favoritism 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 ManagementAdvice

    Focus 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?).

    Doesn't Recommend
    Neutral Outlook
  9.  

    good place to start career before the merge

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

    I have been working at Rothstein Kass as an intern (less than an year)

    Pros

    great benefit, great learning experience

    Cons

    lots of uncertainty inside the firm. Bad evaluation process. performance was based on how well your personal relationship with manager. Not based on work efficiency. Mentor program is just fake and not being used well.

    Advice to ManagementAdvice

    talk to different employee, listen to everyone, offer your help. not just listen to those you considered as your friends in your personal life.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    It was good while it lasted.

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

    I have been working at Rothstein Kass full-time (less than an year)

    Pros

    It had great benefits and a great workplace environment. It also had a good work/life balance. And it paid overtime.

    Cons

    Being bought out by KPMG. Bye bye mid-size perks. Also, inter-office work teams and interactions were not nearly as efficient as working with team members located in one's local office.

    Advice to ManagementAdvice

    Wish you wouldn't have sold the firm. We were doing so well.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Great learning experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Auditor Financial Services in Roseland, NJ
    Current Employee - Auditor Financial Services in Roseland, NJ

    I have been working at Rothstein Kass as an intern (less than an year)

    Pros

    The office culture and the people , work-life balance. Interesting to work with hedge fund companies

    Cons

    Turnover of employees are high

    Recommends
    Negative Outlook
    No opinion of CEO

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