Alvarez & Marsal
3.7 of 5 73 reviews
www.alvarezandmarsal.com New York, NY 1000 to 5000 Employees

Alvarez & Marsal Reviews in New York City, NY

Updated Dec 11, 2013

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3.6 12 reviews

                             

71% Approve of the CEO

Alvarez & Marsal Co-Founders & Co-CEOs Tony Alvarez II & Bryan P. Marsal

Tony Alvarez II & Bryan P. Marsal

(7 ratings)

63% of employees recommend this company to a friend
12 Employee Reviews Back to all reviews
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Flexible, high-paying, and entrepreneurial firm that continues to grow.

Senior Associate (Current Employee)
New York, NY

I have been working at Alvarez & Marsal full-time for more than a year

ProsVery flexible, informal and entrepreneurial work environment. Compensation is better than any comparable firm. The firm has really been growing in the last few years, and out-dated back office tools are being upgraded significantly.

ConsWorkload can be very slow at times. There are occasional internal squabbling over which group is going to be allocated a project.

Advice to Senior ManagementKeep doing what you're doing. The firm could use additional directors and senior directors to provide a better allocation of work.

Yes, I would recommend this company to a friend

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Smart people, engaging work, up-and-coming firm.

Senior Associate (Current Employee)
New York, NY

I have been working at Alvarez & Marsal

ProsWith growth of the firm being more recent, it is a pretty entrepreneurial place to work. People are very bright and seem to work well together. A&M is flexible to personal situations and people feel like the firm has their back. Firm really seems to be diversifying their services, which can lead to new experiences.

ConsNot much back office support (can be a good thing!). Other typical consulting firm pressures/annoyances, but that is what you sign up for in this industry. Really, I am proud to work at A&M.

Yes, I would recommend this company to a friend

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great place to work

Analyst (Current Employee)
New York, NY

I have been working at Alvarez & Marsal

Prosgood compensation, challenging atmosphere, good vacation

Conslittle structured training in place.

Yes, I would recommend this company to a friend

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Self Managed and Disciplined

Manager (Current Employee)
New York, NY

I have been working at Alvarez & Marsal full-time for more than 3 years

ProsStaff are expected to be fully self-managed and able to conduct the firm's business in front of client's at all levels. Being "technical" is not frowned upon, but embraced at all levels in the firm.

ConsThe compensation model doesn't accomdate for years where billable collections do not exceed the salary threshold to qualify for bonus.

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

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Good work environment, highly competitive

Director (Former Employee)
New York, NY

I worked at Alvarez & Marsal full-time for more than a year

ProsGood staff, highly trained and competent. Business was up and down when I was there, but could be very busy at times. Potential to advance and make good money if you do a great job.

ConsHighly competitive environment for staff and employees. Could see potential for people trying to be too competitive over getting jobs and credit.

Advice to Senior ManagementUnderstand the thoughts of employees and work to maintain a positive environment. Offer more and better opportunities to grow through more training/classes.

– I'm optimistic about the outlook for this company

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2 people found this helpful  

Mixed

Manager (Former Employee)
New York, NY

I worked at Alvarez & Marsal

ProsExcellent network of bright professionals throughout the firm's national offices.
Recognition in the workplace due to engagement in high profile client matters.
Potential for total compensation is unlimited.

ConsCulture is inconsistent throughout various business groups.
Less supportive of a healthy work/life balance (depending on business group).
Lack of information sharing.

Advice to Senior ManagementDevelopment of staff and management should be a higher priority as the firm appears to be top heavy in some divisions.

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Great firm, but not easy to build a career

Manager (Former Employee)
New York, NY

I worked at Alvarez & Marsal full-time

ProsGreat brand in restructuring/turnaround/performance improvement

ConsPoor resource management; many silos

No, I would not recommend this company to a friend

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5 people found this helpful  

Inconsistent

Anonymous Employee (Current Employee)
New York, NY

I have been working at Alvarez & Marsal full-time for more than a year

ProsThere are some smart people, and some interesting engagements. Lots of opportunity to work with former industry operators, some of whom are very good. Good work/life balance. Nice people for the most part.

ConsMany senior resources are of very poor quality, lacking basic consulting skills. This can make projects very frustrating for those with a consulting background. I would advise undergrads and recent MBAs to go elsewhere, as you can't be guaranteed to learn a consulting skillset at A&M.

There is a very heavy sales culture, which leads to overselling and often to underdelivery. There's a lot of talk about putting clients first, but management cares exclusively about the top line. .

The senior-most leadership at A&M is extremely conservative. It is an old-boys club, and this seems to make meaningful career advancement difficult to impossible.

Advice to Senior ManagementFocus on client value, not sales. Cash-oriented compensation model based on restructuring legacy is illogical. Improve overall quality at SD/MD level, it can't just be about their rolodex. Revise career path model.

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

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Arthur Andersen recreated?

Partner (Former Employee)
New York, NY

I worked at Alvarez & Marsal full-time for more than 5 years

Proswell known player in restructuring and PE

Consinsider and family dominated more than you would expect

Advice to Senior Managementbring in more outsiders

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Work in consulting, not in corporate

Anonymous Employee (Former Employee)
New York, NY

I worked at Alvarez & Marsal full-time for more than 3 years

ProsIf you're a consultant, you're probably working with bright, talented people who have come from all over to work with other bright, talented people.

ConsThe loyal and lazy are treated with impunity. The loyal and hard-working aren't rewarded as they should be. Getting buy-in for corporate projects can be a nightmare.

Advice to Senior ManagementLet the visionaries be visionary. Don't settle for mediocrity.

– I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Alvarez & Marsal reviews and ratings in New York City, NY — including employee satisfaction and approval rating for Alvarez & Marsal CEO Tony Alvarez II & Bryan P. Marsal . All 12 reviews posted anonymously by Alvarez & Marsal employees.