AllianceBernstein
2.7 of 5 205 reviews
www.alliancebernstein.com New York, NY 1000 to 5000 Employees

AllianceBernstein Reviews

Updated Jun 10, 2014
All Employees Current Employees Only

2.7 205 reviews

                             

38% Approve of the CEO

AllianceBernstein Chairman and CEO Peter S. Kraus

Peter S. Kraus

(112 ratings)

28% of employees recommend this company to a friend
205 Employee Reviews
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Review Highlights

Pros:
  • "good work-life balance, friendly colleagues"
    in 12 reviews
  • "Smart people, passionate and hard working"
    in 13 reviews
Cons:
  • "Performance has also suffered, and senior management seems too stubborn to alter their approach"
    in 18 reviews
  • "Alliance Bernstein allows lets lower level employees work on higher level projects (this can be viewed as either a pro or a con)"
    in 5 reviews
  • Show more review highlights

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

    1 person found this helpful  

    Great place to work

    Private Client Associate (Former Employee)
    New York, NY

    ProsGreat culture, hard working and dedicated. Upper level staff was very willing to teach and give hands on opportunities. Very smart people around. Great environment.

    ConsVery few... No problems in room for advancement. Salary was on par with industry, no higher no lower. Competitive atmosphere can be a con depending on personality

    Advice to Senior ManagementYou have very smart people working below you. Use them fully

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

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    • Culture & Values
           
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    • No Opinion of CEO

     

    Great co-workers but bad management drives them away.

    Customer Service (Former Employee)
    San Antonio, TX

    ProsGood benefits. Great training and education is provided. I was able to obtain a number of my licenses from AB.

    ConsManagers play favorites with schedules, pay and advancement. Long hours and mandatory overtime.

    Advice to Senior ManagementKeep a better eye on your managers and concentrate more on the regular employees.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    1 person found this helpful  

    Your coworkers become like family

    Anonymous Employee (Former Employee)
    New York, NY

    ProsThe people I worked with in Technology & Operations department have been so friendly both in a professional sense, figuring out how they can help you, but also in a personal "how was your weekend?" sort of way. In my role I had a lot of independence and freedom to implement ideas, creating a sense of ownership in the process.

    ConsPeople stay because they enjoy who they work with and the work that they do. I was paid well for my role, but I know others that may not have met the market average for technology. I think its reflective of an older traditional view that technology plays a support role to the industry vs being what makes the industry possible.

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

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    • Culture & Values
           
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    1 person found this helpful  

    Was once a great place to work.

    Assistant Vice President (Former Employee)
    New York, NY

    ProsUsed to be a great place to work. Everyone was part of the team and was recognized and compensated when they deserved to be. I cannot think of any current "Pros", since culture has completely changed since new CEO has taken over.

    ConsUnderstaffed. Decisions are made based on personal relationships, not value of the employee. Titles are given, but comp doesn't change.

    Advice to Senior ManagementAXA needs to change CEO.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
           
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    • No Opinion of CEO

     

    Associate Portfolio Manager

    Anonymous Employee (Current Employee)

    ProsDecent Pay and very reasonable hours. People that work there are smart and eager to help you learn. Also, the building has a great view of central park.

    ConsThis position is 100% clerical. No critical thinking and no one really talks during the work day. You put your head down and do your repetitive work. There is also very high turn over.

    No, I would not recommend this company to a friend

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    • Culture & Values
           
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    This company is totally confused

    Institutional Salesperson (Current Employee)
    New York, NY

    ProsEntry level jobs are far away from incompetent sr management

    ConsThe investment people run everything. They even control the CEO. Would be ok if they performed but the performance of equity accounts is a long term joke.

    Advice to Senior ManagementYour culture is terrible. Accountability is of no concern to the priv few

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
           
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    2 people found this helpful  

    Analyst

    Anonymous Employee (Current Employee)

    ProsIt's a lay back environment, the co-workers are nice and friendly.

    ConsThe pay is not competitive at all. The San Antonio office is a back office and for this reason management both in San Antonio and New York treat employee like children. Meaning, "do your job and be quiet... You're lucky to even have a job and especially working for AllianceBernstein."

    No, I would not recommend this company to a friend

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    2 people found this helpful  

    Good company

    Assistant Vice President (Former Employee)
    New York, NY

    ProsIt is a good company overall.

    ConsTheir was a lot of turnover.

    Advice to Senior ManagementN/A

    Yes, I would recommend this company to a friend

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    • Culture & Values
           
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    2 people found this helpful  

    Great experience

    Administrative Officer (Former Employee)
    New York, NY

    Prosglobal exposure, professional environment and driven by compliance and policies.

    Consoutsourcing, small salary increases, few opportunitiies for growth

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    1 person found this helpful  

    Worked as an associate at AB

    Anonymous Employee (Former Employee)

    ProsThe firm definitely puts a lot of emphasis on superior research, both on the buy side and the sell side. There is a lot of information sharing that goes on among folks on the buy side.

    ConsThe Chinese wall between the buy and sell side is obviously necessary but limits some collaboration. The two sides have somewhat different cultures, with the sell-side bringing in a lot of people from the outside.

    Advice to Senior ManagementBring in more industry experts to the buy side.

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Glassdoor is your free inside look at AllianceBernstein reviews and ratings — including employee satisfaction and approval rating for AllianceBernstein CEO Peter S. Kraus. All 205 reviews posted anonymously by AllianceBernstein employees.