Commonfund Reviews

Updated May 1, 2015
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3.4
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Verne O. Sedlacek
5 Ratings

9 Employee Reviews

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  1. Great culture and co-workers with fulfilling corporate mission

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

    I worked at Commonfund full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Challenging competitive environment but with a focus on non-profit investors makes it very rewarding when they succeed.

    Cons

    Need to be more aggressive in marketing efforts.


  2. You asked

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

    I have been working at Commonfund full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Work directly with owners, and are involved in most all things the company does.

    Cons

    3 owners not always working in the same direction.


  3. Great for a few years.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Former Employee in Wilton, CT
    Current Employee - Former Employee in Wilton, CT

    I have been working at Commonfund full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Commonfund is an excellent company for entry-level and second level college graduates. It looks good on a resume. Don't expect to advance. The company's work/life balance is excellent. Arrive at 9AM. Leave at 5PM. A train from NYC stops directly behind the building for reverse commuters. Once in a while, a social event. The company has a local co-ed softball team which is fun. I have made male and female friends for life.

    Cons

    Commonfund never recovered from at least two very ill-informed bets between 2008-2010. Clients and assets flocked and never turned backed. The sales force has never been able to recover. They were understaffed, underprepared.

    Office culture is odd. Senior Management has allowed fiefdoms to develop. That's the CEO's fault. He hide in his office from 9-5PM

    Advice to Management

    Each quarter, the CEO, Verne Sedlacek held/holds a staff meeting where he attempted to rationalize lost assets and terrible sales. Morale went from bad to terrible as we new that we would have our salaries cut.

    From what I was told, senior management appeared to have there own agendas.

    CEO Sedlacek "resigned" in mid-year. I did not know him, but he was totally unliked by all. A bully with some strange hangups.


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  5. Helpful (1)

    Versatile investment and analytical experience working on variety of projects and teams

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Commonfund

    Pros

    good place to work and smart people to learn from

    Cons

    limited growth and advancement into middle management


  6. Helpful (1)

    No Upward Mobility or advancement

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

    I have been working at Commonfund full-time (More than 3 years)

    Pros

    the balance between work and life

    Cons

    Now Upward Mobility or advancement

    Advice to Management

    Manage for the year 2013


  7. Helpful (3)

    Laidback great place for work/life balance

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Wilton, CT
    Current Employee - Anonymous Employee in Wilton, CT

    I have been working at Commonfund

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Very family oriented company with flexible hours and competitive pay along with strong benefits package. There is room to grow internally.

    Cons

    It can take a long time to get promoted and raises are minimal at best when given. There is also alot of downtime.

    Advice to Management

    Give constant feedback to employees and continue to promote from within. Recognize the good work not just criticize the bad.


  8. Helpful (2)

    Non-Profit Asset Management Niche

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Wilton, CT
    Former Employee - Director in Wilton, CT

    I worked at Commonfund

    Disapproves of CEO
    Disapproves of CEO

    Pros

    Serving non-profit organizations, i.e. "the Mission" is noble. You develop client relationships like you will never have on Wall Street. Yes, you try to cross-sell and increase AUM, but it is consultative and not overly pushy.

    Cons

    Senior management is arrogant and stays up in its "ivory tower," remaining disconnected from the rest of the employees. The CEO likes to intimidate and has a bizarre and out of touch opinion on dress in the workplace. They are losing sight of what the true mission is and trying to be something they're not cut out to be.

    Advice to Management

    Lighten up. The "we're a not-for profit that is not-for loss" commentary is uncomfortable. Managing by metrics doesn't have a qualitative component and doesn't incent the right activities.


  9. Good experience with upward mobility

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

    I worked at Commonfund

    Approves of CEO
    Approves of CEO

    Pros

    Great people, opportunities for advancement

    Cons

    Company shifting its identity therfore some uncertainty


  10. Helpful (1)

    Asset Manager for Non Profits

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

    I have been working at Commonfund

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Medical Benefits, Work and Life Balance

    Cons

    Great company that has met the challenges of the financial enviroment

    Advice to Management

    Continue to grow and educate the non profit community



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