There are newer employer reviews for AllianceBernstein
There are newer employer reviews for AllianceBernstein

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Seems to be turning the corner

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Associate in New York, NY
Current Employee - Associate in New York, NY

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

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Great internal growth opportunities and commitment to retaining top talent. Sales and AUM seem to be turning to corner after a tough couple years. Senior management and many employees feel positive about the momentum and direction the company is going.

Cons

Still haven't fully shaken off the past couple years of outflows and layoffs. Certain groups still feeling pressure.

Advice to Management

Keep being supportive of key talent and keep employees engaged in recovery.

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  1. Collaborative Culture, Poor Practices, and Firm is Going Through Adversity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fixed Income Associate in New York, NY
    Current Employee - Fixed Income Associate in New York, NY

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Generally friendly colleagues, smart people in research and portfolio management, decent training programs, good entry level positions, and accessible senior managers.

    Cons

    Subpar equity performance, staff doesn't challenge existing practices or old traditions enough, have become complacent in some areas, firm always reassure staff they are the smartest on the street, and there is a large pay gap between junior and senior members (i.e. 50-80k for junior members and 300k+ for some VPs and nearly every SVP - avg pay is around $260k all in).

    Advice to Management

    Keep challenging the status quo Peter Kraus. I can't imagine the difficulties you're confronted with. Don't be afraid of a little attrition. Most of the changes are for the better.


  2. Needs focus on retaining and growing AUMs... not a good paymaster

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

    I have been working at AllianceBernstein full-time (More than 8 years)

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

    Pros

    Good place to start career
    Decent opportunities to grow in the organization

    Cons

    Compensation levels are below industry standards

    Advice to Management

    focus on retaining good talent


There are newer employer reviews for AllianceBernstein
There are newer employer reviews for AllianceBernstein

See Most Recent

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