Putnam Associates

www.putassoc.com

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Putnam Associates Reviews

9 Reviews
4.3
9 Reviews
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Remco op den Kelder
1 Rating
  • 2 people found this helpful  

    Great focused experience in pharma

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Associate Consultant in Burlington, MA
    Current Employee - Senior Associate Consultant in Burlington, MA

    I have been working at Putnam Associates

    Pros

    Tremendous opportunity to work with F500 clients on very challenging problems. Heavy quantitative muscle including a lot of market research and modeling. Very strong professional development opportunities, a collaborative culture, and no up-or-out mentality creates a friendly environment. Firm looks upon its consultants as members of a family more than employees.

    Cons

    Partnership is very very very protective of the health and direction of the firm. No one below the most senior levels is knowledgeable of project fees or what is in the pipeline. I never once heard a whisper as to the annual revenue of the firm. Firm lacks diversity overall and relies perhaps too heavily on a few core pharmaceutical clients. They note we work in "biotech and medical device" industries in addition to pharma, but in my entire tenure there, I cannot recall one med device client or project, nor too much work in biotech. Quant analysis is a strength of the firm, but consultants can find themselves pigeon-holed into the same type of project again and again if they have proven themselves capable.

    Advice to ManagementAdvice

    Open up communication about the health of the firm to staff; stop squeezing 50 consultants into office space in the suburbs designed to fit 30; bring in a partner from the outside who can source work beyond the stable of pharma clients Putnam has grown too reliant upon.

    Recommends
    Disapproves of CEO

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