AllianceBernstein Reviews

Updated July 27, 2015
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3.3
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Recommend to a friend
Approve of CEO
AllianceBernstein Chairman and CEO Peter S. Kraus
Peter S. Kraus
121 Ratings

Pros
  • good work-life balance, friendly colleagues (in 15 reviews)

  • Great smart people who have a lot to offer (in 15 reviews)

Cons
  • Senior management missteps with outsourcing staff to State Street (in 19 reviews)

  • High work demands may result in long hours (in 7 reviews)

More Pros and Cons

240 Employee Reviews

Sort: Popular Rating Date
  1. Trading Intern

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

    I worked at AllianceBernstein

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Learned a ton! It was a smaller team and they were really helpful with all of my questions. Unlike many of the bigger banks all of the traders were approachable and friendly. You don't have to be a banker to get in the door either.

    Cons

    It's a really big firm, so you don't get to learn how it operates on a global or regional scale when you are just there for the summer.

    Advice to Management

    Make the verticals within the company more obvious to younger level employees. It is hard to see your direct bosses when you are at a low level at the company.


  2. NA

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

    I have been working at AllianceBernstein

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Excellent mobility in the company

    Cons

    Poor infrastructure throughout the company


  3. Great place to work

    Current Employee - New York in New York, NY
    Current Employee - New York in New York, NY

    I have been working at AllianceBernstein

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    amazing corporate culture, flat organization, access to leadership

    Cons

    Can't think of any cons


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Associate

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

    I have been working at AllianceBernstein full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Flat culture,trains new employees well,a lot of responsibility and accountability is given to new employees quickly

    Cons

    Lack of training or motivators for associates after 2+ years at the firm


  6. IT

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

    I worked at AllianceBernstein full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Great work/life balance. Friendly people.

    Cons

    Salaries are not competitive. Stuck in recession mindset. Good talent is constantly leaving the firm because they don't take care of their people. Only hires Consultants for tech positions.


  7. Above average

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - FLORIDA in Tampa, FL
    Former Employee - FLORIDA in Tampa, FL

    I worked at AllianceBernstein

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    I worked in the private client wealth management division and many of the associates were very highly educated. The management was available and willing to tike time to teach me new skills.

    Cons

    The compensation was below average. The work required little critical thought and lick any serious analytical thinking. I spend entire afternoons just searching for work to do, so there was definitely time wasted.

    Advice to Management

    Many of the lower level employees are extremely bright and capable. Management needs to provide associates with more opportunities to utilize the skill set they have.


  8. Not a bad to work

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

    I have been working at AllianceBernstein full-time (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good place to learn, smart people that are great to work with, work-life balance is decent

    Cons

    Little to no room for advancement/lateral mobility and management has no clue about morale of their teams. Seeing a lot of young talent leave the firm for better opportunities. Outsourcing Ops to State Street has been a disaster.

    Advice to Management

    Appreciate the people that are doing the work for you, be open to new ideas


  9. tech support

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

    I have been working at AllianceBernstein

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    great people awesome work environmentfdafdafdaafdafaa

    Cons

    no growth only hires consultants for tech positions


  10. Stay for a while, and move on

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

    I have been working at AllianceBernstein

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Relaxed culture; Reputation and stability

    Cons

    Poor Pay; No central management

    Advice to Management

    Be proactive, don't respond


  11. Ex Long time employee

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

    I worked at AllianceBernstein (More than 10 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    The firm was a proud and caring firm for those of us who were sincere hard working employees. That changed when Kraus became CEO.

    Cons

    Top tier of management still makes top comp even though performance is some of the worst in the industry, while everyone else works more hours with no additional comp. The family aspect is completely gone.

    Advice to Management

    Make sure each person - no matter what level is equally accountable and equally rewarded.



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