Cambridge Associates, LLC

  www.cambridgeassociates.com
Work in HR? Unlock Free Profile

Cambridge Associates, LLC Reviews

Updated August 22, 2014
Updated August 22, 2014
133 Reviews

3.6
133 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Cambridge Associates, LLC Chairman and CEO Sandra A. Urie
Sandra A. Urie
94 Ratings

Review Highlights

Pros
  • For the industry, there is good work/life balance at Cambridge Associates (in 22 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc (in 14 reviews)


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

  • status reporting, and (3) data entry (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 4 people found this helpful  

    Pick this job if your idea of finance is data entry.

    • 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

    -Great company.
    -Excellent name, especially with Grad schools.
    -You can make the job sound better than it is.
    -The knowledge that other departments do really cool work.
    -Department is great if you love data entry.
    -Company pays for CFA exam and most of the cost for materials (if you pass)

    Cons

    -Extraordinarily boring work, and it never really gets a lot more interesting: As an associate you enter data. As a senior associate you oversee four people entering data and perform lots of admin tasks. As an analyst you proof associates' data entry.
    -Investment Performance reporting group is a pariah department in the company.
    -Internal transfers technically require 13 months, but in reality you'll need 24-30 months to be -looked at.
    -Poor department management.
    -Excessive busywork, lots of admin.
    -Young, inexperienced managers.

    Advice to ManagementAdvice

    Keep up the good work with the company as a whole. Give the Investment Performance Reporting department some more love, even if it isn't a profit center.

    Approves of CEO
  2. 2 people found this helpful  

    Decent work experience, terrible pay.

    • 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

    Investment consulting experience. Lots of exposure to largest institutional investors. Cambridge offers a good entry level job for young professionals interested in the investment business. Cambridge experience also looks good on the resume if applying to graduate school. Promotions come easily and are based more on time at the firm and less on performance.

    Cons

    Compensation is very low. Benefits are OK. Most employees could probably find jobs paying 50-100% more than Cambridge pays with investment managers or in other financial services fields

    Advice to ManagementAdvice

    No advice for senior management.

    No opinion of CEO
  3. 2 people found this helpful  

    This is no place for advancement, unless you have an MBS

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Administrative Assistant  in  Arlington, VA
    Former Employee - Administrative Assistant in Arlington, VA

    I worked at Cambridge Associates, LLC

    Pros

    The people. The comradry between the workers is amazing. Management (Consultants and above) do not support their people, so the staff gives the support.

    Cons

    There is no communication in the company. I know of many people who left the company, and their emails are still active, and an announcement was not sent. There is little recognition at Cambridge. Those who pass the CPA are not acknowledged, nor are daily achievements. Money is the bottomline- and that is all that matters. This past Administrative Professionals Day, the staff was given a Chipotle lunch- management did not acknowledge their contributions.

    Advice to ManagementAdvice

    I would suggest that communication be better. Both negative and positive feedback, when needed, should be given when events occur, not on a yearly basis.

    Disapproves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Save yourself and don't work in MIG.

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

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

    Pros

    * Benefits are great - 3 weeks ETO for your first year, 4 weeks after, which is WAY above standard. All benefits are top notch.
    * Colleagues are great. Young, fun atmosphere in that sense. We liked to do happy hours, go out to lunch, etc.
    * Easy work. You do NOT need a college degree to do any job in MIG, though of course it's required. You can learn as much as you want to, but it's not necessary to do the work.
    * C|A as a whole is wonderful. Great CEO/COO, firm has a terrific reputation, clients love us, etc. We also just hired a CTO so hopefully IT stuff will improve. I recommend the company to a friend, NOT the department.
    * Pay, relative to what you do, really isn't that bad. Also, you get OT which can significantly increase your salary.
    * Flextime/flexplace. It's more structured than other places, but it still exists.

    Cons

    * MANAGEMENT. Micro-managers, micro-assistant managers. AMs think they rule the world, and some of them are truly truly awful. Bossy, rude, take all the credit for your work, and the managers aren't around enough to notice. Since a management team shift in September 2012 and the addition of assistant managers in September 2013, there has been insane turnover because the work environment is terrible. The average tenure of my group in the last 12-18 months has probably dropped from ~2 years to less than 6 months. Management acts like they care with their words but never follows through with their actions.
    * Work is repetitive and boring. Once you're through a couple quarters and know what's up, not much is going to change.
    * MIG is too stuck on following standards and guidelines to use common sense.

    Advice to ManagementAdvice

    Don't be afraid to fire people. There is a culture at Cambridge which is "retain talent", but that doesn't mean "let everyone who is terrible stay as long as they want."

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    work life balance is great but not a ton of responsiblity

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

    I worked at Cambridge Associates, LLC full-time for more than a year

    Pros

    department was young and work life balance

    Cons

    level of responsibility and opportunities for growth

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Bloated company

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

    I have been working at Cambridge Associates, LLC full-time for more than 3 years

    Pros

    company values, available opportunities, type of work, clients, smart people

    Cons

    Management doesn't know how to make crisp decisions so they end up investing money in projects and then stopping those projects when they are about to be implemented.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Great Place..esp for the young and restless

    • 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 for more than 5 years

    Pros

    Great place to start a career in investment management.

    Cons

    If you are not coming from a handful of colleges where the company actively recruits, you may find yourself left out of the party.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Friendly colleagues and great clients to work with but extremely poor management. Specially in smaller teams.

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

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

    Pros

    Generally good people and friendly.

    Cons

    Senior management and operations lack serious know how on what's best for the employees and the firm and are not sympathetic enough.

    Advice to ManagementAdvice

    Sandie Urie is a kind CEO and she takes time to get to know her employees in some shape or form. I'd recommend other senior staff specially in European offices to understand the business and their employees at a more personal level.

    Neutral Outlook
    Approves of CEO
  10.  

    Cambridge Associates - Manager Information Group

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

    I have been working at Cambridge Associates, LLC full-time for more than a year

    Pros

    - Overtime not required very often
    - Access to robust database of research and historical data
    - Intelligent and friendly colleagues
    - Cheap movie tickets

    Cons

    - IT challenged
    - Incompetent management at lower levels
    - Ineffective with internal communication
    - Limited opportunities for advancement
    - Unsatisfactory training at most levels

    Advice to ManagementAdvice

    Heading in the right direction with benefits, but will not be truly effective in retaining talent until salaries increase

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Not bad as a starting job.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cambridge Associates, LLC

    Pros

    Work / Life balance is pretty decent.

    Cons

    Pay is not competitive for the field.

Worked for Cambridge Associates, LLC? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.