Commonfund

  www.commonfund.org
  www.commonfund.org

Commonfund Reviews

Updated November 10, 2014
Updated November 10, 2014
7 Reviews
3.1
7 Reviews
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Recommend to a friend
Approve of CEO
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Verne O. Sedlacek
5 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    Non-Profit Asset Management Niche

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

    I worked at Commonfund

    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 ManagementAdvice

    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.

    Disapproves of CEO
  2.  

    Great for a few years.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    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

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  5. 1 person found this helpful  

    No Upward Mobility or advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 ManagementAdvice

    Manage for the year 2013

  6. 3 people found this helpful  

    Laidback great place for work/life balance

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

    I have been working at Commonfund

    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 ManagementAdvice

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

    Recommends
    Approves of CEO
  7.  

    Good experience with upward mobility

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

    I worked at Commonfund

    Pros

    Great people, opportunities for advancement

    Cons

    Company shifting its identity therfore some uncertainty

    Approves of CEO
  8. 1 person found this helpful  

    Asset Manager for Non Profits

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

    I have been working at Commonfund

    Pros

    Medical Benefits, Work and Life Balance

    Cons

    Great company that has met the challenges of the financial enviroment

    Advice to ManagementAdvice

    Continue to grow and educate the non profit community

    Recommends
    Approves of CEO

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