Ares Management

  www.aresmgmt.com
  www.aresmgmt.com
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Ares Management Reviews

Updated September 16, 2014
Updated September 16, 2014
22 Reviews
2.8
22 Reviews
Rating Trends

Recommend to a friend
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Antony P. Ressler
13 Ratings

Employee Reviews

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  1.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA

    I have been working at Ares Management full-time for more than 5 years

    Pros

    Holds employees to high standards to provide our clients with top-notch service. Professional development and other learning initiatives, corporate philanthropy, and upward mobility. Great overall culture and benefits.

    Cons

    Long hours and little training.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great culture, lots of opportunities to grow

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Associate  in  Century City, CA
    Current Employee - Senior Associate in Century City, CA

    I have been working at Ares Management full-time for less than a year

    Pros

    free breakfast, lunch and snacks
    admins for every group
    awesome office building top floor in Century City
    opportunity to meet with a lot of senior executives if you work at the century city office

    Cons

    just went public, it will take sometime to shift from small company mentality to a public company focus, but management knows this and focused on it.
    for newly established functions, there might be a need to occasionally work longer hours

    Advice to ManagementAdvice

    I personally find the development opportunities to be plenty, you just need to know to be proactive, maybe a more clear career pathing would be helpful for those employees with less years of work experience.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    great people, but long hours

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

    I have been working at Ares Management full-time for more than 3 years

    Pros

    Great corporate culture. people are great

    Cons

    Work-life Balance. Long hours

    Recommends
    Approves of CEO
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  5.  

    This place needs to get over itself

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate  in  Los Angeles, CA
    Former Employee - Associate in Los Angeles, CA

    I worked at Ares Management full-time for more than a year

    Pros

    Free food
    Great location
    Friendly staff
    nice office
    fast promotion to salary if you work lots of overtime

    Cons

    . Work is easy and no where near challenging. Just know, you'll be working a lot of hours because you'll be doing the work for 2 people. You just won’t have enough hours in the day for anything. If you can't "hack-it" then just leave. There is a certain snobbiness with the people who work here. They feel privileged and you should be considered lucky to even be working at such a prestigious company. This all stems from management. Be carful with managers in accounting and operations; don’t question them. For they know it all and have tried it all. Don’t expect any appreciation for great work either. Not here. Don’t expect to have 1 hour or even 30 minute lunches. Free lunch isn’t really free. You eat at your desk.

    Advice to ManagementAdvice

    Get out of your comfortable offices and get to know your team.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    Good brand to work for with good compensation

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

    I worked at Ares Management full-time for more than 3 years

    Pros

    Work life balance is rough. Comp is good, limited training opportunities, limited growth opportunities, smart people, free food and meals,

    Cons

    Aggressive and a bit arrogant culture, lots of office politics,

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    Only the strong survive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - BackOffice Investment Management Staff  in  Los Angeles, CA
    Former Employee - BackOffice Investment Management Staff in Los Angeles, CA

    I worked at Ares Management full-time for more than 3 years

    Pros

    Ares is a rapidly growing company. They set high expectations of their employees, and pay generous salary and bonus to compensate. Its a fast paced environment with constant interaction across group. They promote internal moves and upward mobility for strong performers. Office culture is generally relaxed. The free breakfast and lunch is great!

    Cons

    Inconsistent distribution of work and accountability to meet goals across groups. Some have been outsourced, some have not. Some teams are growing and others are not. Senior management is disconnected from the day to day. Teams don't work together to resolve issues it becomes a finger pointing game.

    Advice to ManagementAdvice

    Consider additional benefits such as telecommuting, flex time, better retirement benefits. Expectations for hours, performance, resources should be consistent.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Pay and perks are good, but.....

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Infrastructure  in  Century City, CA
    Former Employee - IT Infrastructure in Century City, CA

    I worked at Ares Management full-time for more than a year

    Pros

    Pay is excellent.
    Benefits are excellent
    other perks like free catered lunch and fre snacks are great

    Cons

    Management demands are frequently unreasonable. Long hours are expected with little appreciation.
    In the end, I couldn't wait to leave.

    Advice to ManagementAdvice

    Be more aware of the long hours employees are expected to work and compensate with comp time or overtime.
    Be more reasonable with project deadlines.

    Doesn't Recommend
    Positive Outlook
  9. 1 person found this helpful  

    Good company to work for as part of support staff but only for a few years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant  in  Los Angeles, CA
    Former Employee - Administrative Assistant in Los Angeles, CA

    I worked at Ares Management full-time for more than a year

    Pros

    Wonderful exec-level staff, beautiful office space w/ access to fully stocked kitchen, generous bonuses, great work-life balance.

    Cons

    Ares can be very clique-oriented workplace, especially with support staff.

    Advice to ManagementAdvice

    Provide more structure in back office operations.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 8 people found this helpful  

    What a joke

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Accountant  in  Century City, CA
    Current Employee - Senior Accountant in Century City, CA

    I have been working at Ares Management full-time for less than a year

    Pros

    Ares Management's pros are as follows:

    1) Free lunch, breakfast, coffee, parking in Century City, and dinner if you work pass 10pm.
    2) The office is very nice and somewhat modern.
    3) The back office is fairly young.

    Cons

    Ares Management's cons are as follows:

    1) Month-end process is TERRIBLE. There is no coherent and standardized process for the whole company. The monthly close process goes through numerous estimates. Once before close, once when management company needs estimates, and then another when final valuations are complete. The month-end process takes about 1.5-2 months to complete!
    2) Managers have no idea of materiality and will give a review comment on a variance of less than a $100.
    3) There is no standardized reports or process. This goes back to #1. They act like they're a big shop, but operate as a small shop. Their accounting system (Geneva) is "industry standard" but they don't have a standardized process across all accounting departments.
    4) Work papers are crap. Every work paper I opened at Ares had hard-coded numbers, circular references, and no form of automation. There is useless information in the work papers and some of the tabs are in other work papers. It's redundant.
    5) No idea of efficiency or automation. This goes back to #1 & 4. Ares Management employees are horribly trained when it comes to evaluating processes and improving efficiency. They have no idea on how to eliminate redundant processes.
    6) Investor Relations group is terrible. Investor Relations would sit on Investor's request for weeks and send it to other departments to complete a day before it's due.
    7) Loan Servicing group is a joke. The Loan Servicing group has no idea what they're doing and how their data entry into Geneva effects other departments downstream. They would update loan terms and it would effect other funds who sold the asset. When asked about it, they can't give a solid answer and the typical answer would be "Oh this is the way it was originally done and how it has always been done." In addition, you have to send them an example of prior entries to make sure they get it correct.
    8) Long hours. The management team have no idea of "industry standard" when it comes to work life balance and working long hours. However, this goes back to point #1, 2, and 5. They expect employees to work long hours and even holidays. What investment company or bank work holidays? Anyone? No one!
    10) They had an "innovation" contest. One of the innovations that won were In N Out truck Friday. Really? Guess who chose the winners? Go to #14.
    11) The company culture is to throw some one under the bus when things goes wrong. Most of the meetings are made up of defensive back and forth and finger pointing. They have no idea of working together as a cohesive team to be productive.
    12) Inflated job titles. Ares Management have different line of business/products and this leads to inflated job titles. They have like 7 to 8 CAO/CFOs and like 10-12 Controllers. In addition, each department/product line would have like 5 employees. They are nothing more than managers with over-hyped job titles, so they can go home and stroke their egos.
    13) The review process is a disaster. Ares Management has a tendency to demand deliverables early and once received they would sit on the deliverables for weeks. They would send back review comments a few days before the deadline and demand it be turnaround the next day.
    14) The Executive team are a bunch of amateurs. When they did the lift out, they had this meeting and announced it in front of the whole company. In addition, they even announced the names of individuals who were apart of the lift out in front of the whole company during the meeting. What high level Management team does that? They not only did it in an unprofessional matter, but they also got the rest of the company paranoid about losing their jobs. Decisions like these are done in close door meetings. Terrible business move. Furthermore, the CFO can't even speak English clearly and puts up a terrible acting job when it comes to being genuine.

    Advice to ManagementAdvice

    They say everyone needs a mentor to be successful and my advice to you is find a mentor.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Executive Assistant  in  Los Angeles, CA
    Former Employee - Executive Assistant in Los Angeles, CA

    I worked at Ares Management full-time for more than 3 years

    Pros

    Competitive salary
    Nice office
    Generally good people
    Free parking and lunch

    Cons

    No clear career track. Can be stuck at the same position for a long time.

    Recommends
    Positive Outlook
    Approves of CEO

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