Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com
There are newer employer reviews for Cambridge Associates, LLC

 

Cambridge - Where both skill and passion go to die

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

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

Pros

Yes, it is a very "collegial environment" like everyone says.

Cons

You may come into the industry with skills, but they wont be used. You may have hopes and desires, but these will be dashed. The only skill you develop is soft skills. Sure, there's value in soft skills. But why not just go into motivational speaking or HR? Why try your hand at finance?

You will learn virtually nothing at this firm and you will leave with few skills and experience to cite than when you began the job.

Money--let's be honest, it's one of the main reasons we enter into finance. Money, money, money. Cambridge will give you none of it. Pay is sub-standard (though it is in line with the skills required to execute the job).

If you decide to join Cambridge, develop an exit strategy from day one. Get in for a year, get the name on your resume, then make your entry into real finance--not some cush job that can be completed by a high schooler.

Advice to ManagementAdvice

I wouldn't even know where to begin.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

147 Other Employee Reviews for Cambridge Associates, LLC (View Most Recent)

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  1. 2 people found this helpful  

    Excellent place to start a career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consulting Associate in Singapore (Singapore)
    Current Employee - Consulting Associate in Singapore (Singapore)

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

    Pros

    Great mentors
    Overview of the entire investment industry
    Meetings with the best managers

    Cons

    Salary is lower than I-Banking
    Hours can get long
    Can be stressful

    Advice to ManagementAdvice

    Increase bonuses

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Poor compensation and lack of career advancement makes it difficult after two years

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

    I have been working at Cambridge Associates, LLC full-time (more than 5 years)

    Pros

    -High quality exposure to investment managers
    -Looks good on the resume
    -Initial good experience, but fades as time wears on
    -Good work/life balance
    -Management is open to hearing your issues, but it often does not go past this.

    Cons

    -Poor compensation and lack of ways to motivate employees.
    -Lack of cross collaboration among research departments makes employees incredibly siloed.
    -Any advancement (at least in manager research) is just a recognition of work performed with no additional responsibility being given.
    -One of C|A's "pillars" is to "Attract, leverage, and retain the best talent", but management focuses solely on attracting and especially leveraging talent doing little to nothing to try and retain any talent despite saying that you are a valued member and they want to retain you.
    -Advancement is limited at best. The highest level someone can achieve comes with an 18 month commitment which does not contain any real additional responsibility or explanation as to why a commitment must be made.

    Advice to ManagementAdvice

    If you really wish to retain the talent that you have leveraged take steps to address compensation and benefit issues. Management is too worried about the profit sharing plan while ignoring fairly compensating lower level employees that are not granted access to the profit sharing plan. Additionally, have a clear plan on how you want employees to develop over their career and have clear responsibilities as you "promote" employees.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
There are newer employer reviews for Cambridge Associates, LLC

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