Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com

Cambridge Associates, LLC Reviews

Updated December 4, 2014
Updated December 4, 2014
146 Reviews
3.7
146 Reviews
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Cambridge Associates, LLC Chairman and CEO Sandra A. Urie
Sandra A. Urie
103 Ratings

Review Highlights

Pros
  • Good work / life balance with opportunities to learn a lot about portfolio management quickly (in 24 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc (in 15 reviews)


Cons
  • Long hours during peak periods, work can sometimes be repetitive (in 12 reviews)

  • status reporting, and (3) data entry (in 9 reviews)

More Highlights

Employee Reviews

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  1.  

    Monotonous work, smart colleagues, not much room for advancement.

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

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    Smart, hard-working co-workers. Plenty of internal company resources within the financial services industry that allow analysts to learn easily if interested. Sponsorship for the CFA and CAIA are also a nice perk.

    Cons

    Only a decent salary with not much room for growth. Job is highly cyclical, involves doing the same thing quarter after quarter. A lot of micro-managing within the firm.

    Advice to ManagementAdvice

    Need to find a way to give entry-level employees more room for growth within the firm so that they will want to stay for longer.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Decent but should be better

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

    I worked at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Cambridge is a great name to have on your resume as other companies in the investment management space really respect the firm. You do learn a lot about the industry and have access to some very smart people.

    Cons

    Cambridge does not pay very well at all. They consistently talk about retaining top talent and the easiest way to do that it to pay them, Cambridge does not agree. They continue to hire every year despite need so redundancy is a real problem. There is virtually no way to move up to be a consultant unless you leave to work for another firm or get your MBA; however, once you've done that you don't want to come back to work for the salary that Cambridge offers.

    Advice to ManagementAdvice

    There needs to be a very clear way to move up in the firm without leaving. If you want to retain the top talent, cultivate that talent when it is recognized. Pay more, people will put up with a lot of the office politics (and there is a ton there) and unimpressive managers if they are compensated accordingly. There also needs to be some accountability for superiors.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3.  

    Very dull and boring workplace and company in general.

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

    I worked at Cambridge Associates, LLC full-time

    Pros

    People are nice enough and if you like solitude, this is a great place for you.

    Cons

    Unexciting, boring, uninspiring job and company

    Advice to ManagementAdvice

    Wake up and realize where the industry is heading!

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  5. 2 people found this helpful  

    Cambridge Associates was a waste of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Performance Analyst in Arlington, VA
    Former Employee - Investment Performance Analyst in Arlington, VA

    I worked at Cambridge Associates, LLC full-time

    Pros

    I enjoyed working with my coworkers in the "secluded" office. They were about the only thing that kept me at Cambridge Associates.

    Cons

    Lack of experienced management, communication, and help. When you speak up, no one ever listens or tries to fix the situation.

    Advice to ManagementAdvice

    Listen to your employees when they speak up to you. We are speaking up for a reason.

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

    Poor compensation and lack of career advancement makes it difficult after two years

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

    I have been working at Cambridge Associates, LLC full-time (more than 5 years)

    Pros

    -High quality exposure to investment managers
    -Looks good on the resume
    -Initial good experience, but fades as time wears on
    -Good work/life balance
    -Management is open to hearing your issues, but it often does not go past this.

    Cons

    -Poor compensation and lack of ways to motivate employees.
    -Lack of cross collaboration among research departments makes employees incredibly siloed.
    -Any advancement (at least in manager research) is just a recognition of work performed with no additional responsibility being given.
    -One of C|A's "pillars" is to "Attract, leverage, and retain the best talent", but management focuses solely on attracting and especially leveraging talent doing little to nothing to try and retain any talent despite saying that you are a valued member and they want to retain you.
    -Advancement is limited at best. The highest level someone can achieve comes with an 18 month commitment which does not contain any real additional responsibility or explanation as to why a commitment must be made.

    Advice to ManagementAdvice

    If you really wish to retain the talent that you have leveraged take steps to address compensation and benefit issues. Management is too worried about the profit sharing plan while ignoring fairly compensating lower level employees that are not granted access to the profit sharing plan. Additionally, have a clear plan on how you want employees to develop over their career and have clear responsibilities as you "promote" employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 3 people found this helpful  

    Unprofessional Operations department with little to no opportunity for career advancement...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Performance Associate in Arlington, VA
    Former Employee - Investment Performance Associate in Arlington, VA

    I worked at Cambridge Associates, LLC full-time (more than an year)

    Pros

    Collegial work environment that is ideal for a recent college graduate.

    Cons

    Mislead about the quality and type of work I would be performing as an Investment Performance Associate.
    Mid-level management incredibly out of touch with the work of their subordinates.
    Operations/Performance Reporting department provides little potential for career development.
    The work done in performance reporting does not translate well to any other position in Finance.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Good first job, but that's about it - not a learning environment and not much room for professional development.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Performance Associate in Arlington, VA
    Former Employee - Investment Performance Associate in Arlington, VA

    I worked at Cambridge Associates, LLC

    Pros

    It pays well, it's a decent introduction to the world of finance, lots of young people, and the benefits are nice.

    Cons

    The work lacks substance. As an associate, I would spend all my time hunting down performance numbers and checking work to make sure there were no obvious errors. If you had asked me on any day how the market was doing or what investment strategy seemed to be working, I would have had no clue.

    Advice to ManagementAdvice

    I didn't find much wrong with the leadership. The truth is that it is a job that needs to be done and the nature of that work did not suit me very well as an aspiring college grad looking to utilize my critical thinking/analytical abilities.

    Doesn't Recommend
    Approves of CEO
  9.  

    Cambridge Associates Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Arlington, VA
    Current Employee - Manager in Arlington, VA

    I have been working at Cambridge Associates, LLC

    Pros

    Good intiaial experience for young college graduates. Looks good on resume. Ability to work on multiple projects / asset classes. Most employee leave for business school after three to five years.

    Cons

    Pay is sub standard for finance industry. Limited upward mobitlity. Corporate philosophy is very backwards looking, and firm management is afraid to be bold in taking new direction.

    Advice to ManagementAdvice

    The future is not going to look like the past so stop looking in the rear view mirror. Founders' philosophy worked 20 years ago; time to re-assess.

    Doesn't Recommend
    Disapproves of CEO
  10.  

    IPA

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Performance Associate in Arlington, VA
    Current Employee - Investment Performance Associate in Arlington, VA

    I have been working at Cambridge Associates, LLC

    Pros

    Relatively good pay for an entry level job. Good benefits. Cambridge is well known and respected by many in the investment community. Young coworkers. Ability to advance within department. Will pay up to $2500 in tuition assistance and encourages employees to take CFA exams by paying for them (if you fail, you have to pay back).

    Cons

    Boring job. Rote data entry and publishing are better descriptors of the job than anything financial related. Even so, requires long hours and sometimes an overload of work. Sometimes you work 60+ hrs and are extremely stressed, while other times you have literally no work to do all week but are still required to be in office for 40 hrs.

    Advice to ManagementAdvice

    No advice.

    Doesn't Recommend
    Approves of CEO
  11.  

    Great work/life balance but boring day to day

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Investment Performance Associate in Arlington, VA
    Current Employee - Investment Performance Associate in Arlington, VA

    I have been working at Cambridge Associates, LLC

    Pros

    Absolutely the work life balance is the best part. Coming right out of college you make pretty good money (50K) for the number of hrs worked (45 hrs per wk). Great if you only have to support yourself, particularly because of benefits.

    Cons

    there isn't enough responsibility given in order to think analytically. It's almost all data entry despite what they say on interview day. It is difficult to take what you do here and apply it to a next job. You would almost assuredly have to go to business school.

    Advice to ManagementAdvice

    My advice would be to be more honest during the interview process. A lot of people leave because they don't know what they are getting themselves into. Almost everyone from the 2008 class has already left.

    Doesn't Recommend
    No opinion of CEO

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