AllianceBernstein

  www.alliancebernstein.com
  www.alliancebernstein.com
There are newer employer reviews for AllianceBernstein

 

Great firm.... in theory

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

I worked at AllianceBernstein full-time (more than 3 years)

Pros

Access to the best market research and analysts you could ask for. Bernstein does an amazing job of hiring excellent people, who generally are both intelligent and personable, making the workplace enjoyable.

Cons

Extremely limited career growth opportunitiy - they tell you the growth path is there, but once you work your ass off for years, you realize that it likely won't happen to you.

Advice to ManagementAdvice

Extremely hierarchical - upper management can be very difficult to pin down unless you are dealing with a client/situation they deem "worthy". Be straightforward with your employees about growth opportunities and tell them what is and is not available to them. Kraus (new CEO) has done a great job trying to turn the company around and keep talent employed, but needs more work.

Doesn't Recommend
Neutral Outlook
Approves of CEO

219 Other Employee Reviews for AllianceBernstein (View Most Recent)

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  1. 1 person found this helpful  

    Lots of politics, below average comp, not innovative

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

    I worked at AllianceBernstein full-time (more than an year)

    Pros

    Cafeteria has great selection, and well stocked kitchen, hours are good

    Cons

    Constant layoffs, below average pay, too much politics - not much room for growth as promotions are given to politics, no real defined roles in technology, backbiting in tech, behind the times in terms of tools and languages, company doesn't have innovative tools and builds on 8 year old technology

    Advice to ManagementAdvice

    Find a direction and communicate to staff, be open to innovate and integrate new technology

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Little to no career development

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Private Client Associate in Washington, DC
    Former Employee - Private Client Associate in Washington, DC

    I worked at AllianceBernstein full-time (more than an year)

    Pros

    Normal and consistent business hours
    Sponsorship of FINRA licensing exams: Series 7, 63, etc.
    Team environment
    Exposure to a wealth of research reports, economic data, and analysis
    Ability to develop relationships with senior personnel as well as external clients
    Wonderful marketing and networking events

    Cons

    Pay is below market
    Non existent career development
    Rumors of inner-office relationships with superiors
    Often treated poorly by clients
    The Company's funds & stock picks performed terribly during the financial crisis

    Advice to ManagementAdvice

    I haven't been with AB for over 2 years, but I hear that it has continued to decline with layoffs, low morale, and poor performance. Leadership starts at the top, and P Kraus doesn't exactly inspire a lot of confidence. This then trickles down to senior managers who were more focused on keeping their jobs during the leadership transition than they were about performance and employee morale.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
There are newer employer reviews for AllianceBernstein

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