Alvarez & Marsal Reviews

Updated March 19, 2015
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3.8
116 Reviews
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Alvarez & Marsal Co-Founders & Co-CEOs Tony Alvarez II & Bryan P. Marsal
Tony Alvarez II & Bryan P. Marsal
60 Ratings

Pros
  • Expertise, work-life balance, cases are pretty interesting (in 6 reviews)

  • Great compensation and smart people (in 8 reviews)

Cons
  • Work life balance is not great when you're on an an engagement (in 7 reviews)

  • 100% travel and very long hours (defined clearly going in) - just takes a toll on family life (in 6 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Standout Employer

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

    I worked at Alvarez & Marsal as a contractor

    Pros

    One of the best companies I worked for. Great support system, ability to work independently without bureaucratic processes. Nimble practices, highly professional, ethical, collaborative with some outstanding experts. I was entirely impressed on how employees were supported. Outstanding focus on delivering the best for clients.

    Cons

    hard to say really - have to love the work as consulting involves travel and long hours.

    Advice to ManagementAdvice

    Continue to grow and compete on excellence in services in focused areas. Create opportunities between senior consultant and partners.

    Recommends
    Positive Outlook
    Approves of CEO
  2. Above-average compensation for my field, non-bureaucratic culture, very collaborative environment

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

    I have been working at Alvarez & Marsal

    Pros

    A&M has, as one CEO said, "a healthy disregard for bureacracy." This is woven into its culture, and it is a refreshing change from most corporate environments this size. Although there is a clear hierarchical structure, there is also, paradoxically, a "flat feeling" to it all - a shared ownership model that gives each employee respect and equitable relations with peers.

    The company also offers solid compensation. In my department, the salaries are significantly higher than they are for similar positions in the same industry at other companies, in my experience.

    A third positive is the level of collaboration. Our department is definitely an example of "the whole being greater than the sum of its parts." Innovation, entrepreneurial spirit, and friendly competition exist - but these are well balanced against a cooperative and collaborative ethos. Micromanagers and bureaucrats seem to have a tough time here.

    Cons

    Every plus can, when pushed too far, become a negative. That "healthy disregard for bureacracy" takes some getting used to, as one witnesses projects materialize in rather unorthodox, sometimes even whimsical, ways. This can be off-putting for someone who cannot function without process and protocol.

    There is also a tacit expectation to always sort of be "on", plugged in. You are issued a Blackberry, and laptop on Day One. And there is sort of an unspoken expectation that you will check your emails and keep your phone powered up on weekends, personal days off and vacations. But this isn't super-strict, and the anti-bureaucratic culture serves as a check against this to a degree.

    Recommends
    Positive Outlook
    Approves of CEO
  3. Smart people, hard working, solid comp.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Alvarez & Marsal

    Pros

    Given lots of responsibility, intelligent coworkers.

    Cons

    Can have periods of prolonged down time.

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


  5. Bright and ambitious need not apply

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Manager in Houston, TX
    Former Employee - Manager in Houston, TX

    I worked at Alvarez & Marsal

    Pros

    This is a review of the "PI/BC" group. Restructuring is completely different. For what it's worth, they are fairly flexible in terms of work environment. And the office was always trying to organize events for us, even if they were so cheaply done that I wondered sometimes why they even bothered.

    Cons

    Very insular culture. People who have burned out at real consulting firms come here to work on small projects for middle market clients, selling techniques that haven't been popular since the late 90s. All their good client references come from restructuring or when people were at different firms.
    They're so absurdly thrifty that they will spend $100 of someone's time to save $10. They make consultants keep boarding passes as part of the expense reimbursement process.

    Advice to ManagementAdvice

    You have no reason to change, really. As long as the CEOs own the company and the PI leader stays in power, sucking up to the old guard is all you can do. Just stop selling yourself as something you're not so that people you hire don't feel like you've pulled a bait and switch.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful

    Complete Lack of Orientation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director in Dallas, TX
    Former Employee - Director in Dallas, TX

    I worked at Alvarez & Marsal full-time (less than a year)

    Pros

    Very Nice People in Other Division of the Company

    Cons

    People lack Proper Education and will set you up, discriminate against you such as "I prefer to work with men". " I prefer to work with people from the North". Some Directors will not allow you to eat meals. It is absurd!

    Advice to ManagementAdvice

    Find some good, educated healthcare talent in the Southern Region

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. A great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Washington, DC
    Current Employee - Intern in Washington, DC

    I have been working at Alvarez & Marsal

    Pros

    Smart people who work with really impressive clients. Compensate well and have great traveling benefits. People overall seem happy but always have their phones with them. As an intern you get a fair amount of work.

    Cons

    Some people are not friendly. The instructions can be vague. Supervisors oftentimes don't have time to talk to you and can be a little impatient. However, I think that happens in many firms.

    Recommends
    Positive Outlook
    Approves of CEO
  8. Accounting intern

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Alvarez & Marsal

    Pros

    Your coworkers are friendly and want you to do well.

    Cons

    Sometines very unstructured and you're left confused on what to do next.

    Recommends
    Positive Outlook
    Approves of CEO
  9. Sr. Systems Engineer

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

    I have been working at Alvarez & Marsal

    Pros

    Great Company to work for. Excellent Benefits. Great balance to one's professional and personal life.

    Cons

    Reviews does not determine bonus and increase in salary for the most part.

    Advice to ManagementAdvice

    Management should reward hard workers more than slackers

    Recommends
    Positive Outlook
    Approves of CEO
  10. Great clients & people. Sometimes need to have better oversight of managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Consultant in Houston, TX
    Former Employee - Consultant in Houston, TX

    I worked at Alvarez & Marsal

    Pros

    A&M really cares about it's people. The work is usually interesting.

    Cons

    Because everyone is out on separate clients, reviews and oversight is heavily dependent on good feedback from managers on performance. If you get aligned out of the gate with someone you do not click with, it can put you at a disadvantage.

    Advice to ManagementAdvice

    Make it less taboo to change to a different performance manager.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 2 people found this helpful

    Senior Director

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

    I worked at Alvarez & Marsal

    Pros

    Compensation, variety, smart colleagues, challenging environment

    Cons

    internal politics, poor quality of life, limited value add to clients

    Advice to ManagementAdvice

    Better mentoring and communication

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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