Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com

Cambridge Associates, LLC Reviews in Washington, DC

Updated December 4, 2014
Updated December 4, 2014
147 Reviews
3.7
147 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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

55 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    View from the IT department

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

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

    Pros

    I would recommend this place at a great stepping stone. The IT department is huge is has lots of room to grow.

    Cons

    Mgmt is going through a restructuring, promotions were a bit limiting during the financial crisis,

    Advice to ManagementAdvice

    Find the employees who excel and listen to them

    Recommends
    Positive Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    Decent Enough First Job

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

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

    Pros

    -The benefits are great. The healthcare packages are fantastic, three weeks paid time off the first year and 4 weeks the second, 401(k) matching half of contributions (up to some small percent of pay though).
    -Colleagues are generally great. Lots of young professionals who are easy going and fun to be around. Also up for creating Cambridge sports teams for local leagues (bonus: C|A pays all the fees for the leagues!)
    -Good work life balance.
    -Opportunity to work overtime, increasing pay.
    -Well known and respected company
    -Other departments seem to treat employees better than PRG and MIG, would recommend entry level job as CA, particularly in the Boston office.

    Cons

    Management. Most of the managers in the MIG only got the position because they are too boring and unintelligent to figure out how horrible the MIG has become. They act like the head of the department is god and do whatever he says, even present data entry as FUN. The worst part is, I think some of them think it is fun.
    Employees are micro managed. The department talks about increasing productivity, but so much time is spent on stats reports, updating statuses, and even RECORDING WHAT THE EMPLOYEE DOES DURING THE DAY OVER 15 MINUTE INCREMENTS, that it's nearly impossible to do any real work.
    They still present the job as if employees receive projects like they did when the group first started, but now it's mind-numbing work all day, every day no matter the tenure.
    The micro-management in combination with the repetitive, boring nature of the work has caused more turnover than the department can handle. They are constantly understaffed, pushing more of the mind numbing work to tenured employees who have chosen not to take a micro management position as a team lead, and removing the opportunity to do any type of interesting work.

    Advice to ManagementAdvice

    To MIG management: Treat your employees like adults. Instead of micro managing to the point where they feel like they are a small child who cannot be trusted, let them do the work and prove they can handle it. They'll be happier in the workplace and be more willing to do the work if someone isn't looking over shoulders every minute of the day.
    Also, be honest about the work. Everyone knows it's not interesting, so don't sugar coat it.
    Improve the reviews and make them more about the employee and less about highlighting MIG values.
    Present more opportunities for career advancement, even if it isn't in the department.

    Recommends
    Approves of CEO
  3. 3 people found this helpful  

    Performanec Analyst

    • 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 (more than 3 years)

    Pros

    Business casual. Management doesn't really want to deal with you, so if you do you your job people will generally leave you alone.

    Cons

    Boring job. Micromanaged. You don't learn much. Promotions based on relationships rather than work achieved. Increasing workload on analysts. High turnover.

    Advice to ManagementAdvice

    Be honest to the people you are hiring in that this is a very repetitive and mind-numbing job.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 4 people found this helpful  

    Best Platform Opportunity for Private Equity focused Undergrads

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

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

    Pros

    The best part about working for the PIDT at Cambridge Associates is the opportunity to gain exposure to the Private Equity Investment Industry at the age of 22. I have built out extensive knowledge in financial statement analysis, operational leadership, and project management throughout my time at Cambridge Associates (about 2 years). The experience is unparalleled in PI, and the work environment is incomparable. If you're looking to find a job which is both challenging, internally focused, and undefined(multiple routes), this is the company for you. If you're looking for a straight, structured line to the top with tenured promotions, this is not for you. What you put into this, you will get out.

    Cons

    Data System Technology, and dealing with a system overall.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Good entry level position

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

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

    Pros

    Its a good place to learn the basics of finance, learn the basics of investment, things of that nature, some data stuff

    Cons

    The salary can definitely be an improvement given the area we live in and the tax we have to pay just to survive

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Good llace to get a start

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

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

    Pros

    Lots of young people in the support roles, really they are the lifeblood of the company.

    Cons

    Low pay for industry, work life can be difficult depending on clients that you are staffed on.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 5 people found this helpful  

    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 (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
  9.  

    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 (more than an year)

    Pros

    department was young and work life balance

    Cons

    level of responsibility and opportunities for growth

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    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 (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
  11. 1 person found this helpful  

    Great Company to start career

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

    I worked at Cambridge Associates, LLC full-time (more than 5 years)

    Pros

    Great Benefit Package,
    Depending on position, you have great exposure to investment management from some highly skilled consultants.
    Wide array of tools to develop skills and career.
    Subsidized CFA exam fees, if pass
    Great atmosphere. Steady Work/Life balance.

    Cons

    Low Salary compared to profession.
    Associates do most of work, little to no recognition
    Different personalities, some consultants are better to work with than others
    Company is way behind when it comes to systems and technology.
    Feels as if the firm is very reactionary at time

    Advice to ManagementAdvice

    Employees love the promote with-in structure, but there needs to be a system in place to allow investment professionals to stay with CA and be promoted to next tier.

    Recommends
    Positive Outlook
    Approves of CEO

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