Bessemer Trust Company

  www.bessemertrust.com
  www.bessemertrust.com

Bessemer Trust Company Reviews

20 Reviews
3.5
20 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Bessemer Trust Company CEO Marc D. Stern
Marc D. Stern
6 Ratings
  1. 1 person found this helpful  

    Good Company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY

    I worked at Bessemer Trust Company full-time (more than 8 years)

    Pros

    Profit Sharing, Bonus, Medical...lots of perks

    Cons

    Lots of back-stabbing people, gossip

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
    No opinion of CEO

Bessemer Trust Company Interviews

Updated Aug 25, 2014
Updated Aug 25, 2014

Interview Experience

Interview Experience

50%
25%
25%

Getting an Interview

Getting an Interview

27%
18%
18%

Interview Difficulty

2.6
Average

Interview Difficulty

Hard

Average

Easy
  1. 2 people found this helpful  

    Client Relations Interview

    Anonymous Employee in Palm Beach, FL
    Anonymous Employee in Palm Beach, FL
    Application Details

    I applied online. The process took 4+ weeksinterviewed at Bessemer Trust Company in July 2014.

    Interview Details

    Applied through Bessemer website and within 1 week received HR email requesting phone interview. Scheduled phone interview for 1 week later was supposed to be 30 minutes. The HR rep seemed rushed during the phone discussion and was unclear as to the job description when the phone interview is really supposed to be a pre-screening or vetting process. I did not have the opportunity to ask her any questions but was recommended for an in-person interview. It took much follow-up on my part to get the in-person interview scheduled because the HR department is really messed up. For such a high-end company the HR department is very immature and disorganized. I was given the names of the 3 people who would be interviewing me and HR got one of the titles for a very important executive incorrect which I discovered during my due diligence.

    Interview day arrives, I'm thoroughly prepared:

    Interviewer #1: calm demeanor, clearly had read through my resume and was familiar with it. Did not ask me many technical questions, it was more of a flowing conversation as to why I seek private wealth management. This interviewer was very professional and I could have been very happy working with and learning from her. I sensed that this interviewer valued intelligence, organization and a polished appearance and demeanor. I would have accepted the job to be able to work with her.

    Interviewer #2: not good, I picked up on a multitude of negative energy! This person seemed utterly bored with the interview process, failed to maintain eye contact with me and just talked and talked about himself and other superfluous issues. I tactfully tried to reel him in and tie in my skills to the position but he kept going off-track so I just let him ramble on. He was like a shell of a person, a facade, a "Stepford husband"--I could not see myself working directly under this person. However, a professional associate of mine had told me that "Bessemer is the best" so being a bit star-struck, I just went with it. What I gathered from my interaction with this person (I hesitate to say interviewer) is that Bessemer takes a really long time to hire people and that once hired, people stay until they retire. I believe that speaks well for Bessemer; however, it is also a concern for growing within the company and/or promotions from within. I understood that this person's job would be my next step up and he made it clear he was there to stay. He is very insecure--was it because I have more degrees from better schools than him or is he just insecurely territorial? I have no clear answer except that my intuition said "dead-end job" and it would take a lot of money to make me deal with this dud everyday. Like a really bad blind date.

    Interviewer #3: gold star interviewer! I immediately felt a welcoming warmth from this person. He was genuinely interested in my skills, my personality and really explained the job description to me. He and I really clicked and he was able to purge the negativity of interviewer #2. Like interviewer #1, the interaction was a free-flowing conversation but a bit more informal. On this interviewer alone, I would have accepted an offer just to have the experience of working with this brilliant and charismatic person.

    Post Interview: remember to send out your thank you letters the same day. I followed up with HR a week later first to express my continued interest and to make sure that my file wasn't lost due to the high-schoolish procedures in the HR department. The HR rep (same as the one who scheduled the phone interview) was very snotty and harried. She said they do not work on a hiring timeline of any kind and that "she'll be in touch". I asked if I might follow up with her in 4-6 weeks or if she'd prefer I wait to hear from her. She very tersely said "I'll call you" and hung up the phone. I will say that I was shocked at that abandonment of any humanity here, much less professionalism. My intuition said this is not the place for me, especially when the front lines which form a candidate's first impression behave in such a substandard manner.

    I really thought that I'd be invited back for round 2 but that was not the case. I received an email 2 days later from HR stating as follows: "We were fortunate to have many qualified candidates apply to this position. We have reviewed the qualifications of each candidate and after careful consideration we have determined that the credentials of other candidates may better meet our needs at this time."

    I'm at peace with no longer being considered. I've learned to pay attention to red flags and they were flying high from the onset. I reflected and realized that a job in which I'd be suppressing my personality, walking on eggshells, being subjugated by interviewer #2 as my supervisor and chained to a desk is not a worthwhile professional opportunity no matter how high the salary. Do still regard Bessemer as the best? Regretfully, no.

    Interview Questions
    • None really, just a conversational format. Still, be prepared with the STAR format so you can clearly communicate your skills.   Answer Question
    No Offer
    Negative Experience
    Easy Interview

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Additional Info

Unlock Profile
Website www.bessemertrust.com
Headquarters New York, NY
Size 150 to 499 Employees
Founded Unknown
Type Company - Private
Industry Finance
Revenue $100 to $500 million (USD) per year
Competitors Unknown

Bessemer Trust is a privately-owned, global wealth management and investment advisory firm that focuses exclusively on high-net-worth families and their foundations and endowments. The Firm oversees more than $78 billion in assets for over 2,100 relationships and provides an integrated approach to the various investment, tax, legacy-planning and philanthropic needs of its... More

Mission: The Vision. In 1911, Mr. Phipps wrote a letter to each of his five children expressing his wish to pass the family business on to them. In it, he gave specific direction... More

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