Cambridge Associates, LLC

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

1 person found this helpful  

Decent but should be better

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

I worked at Cambridge Associates, LLC full-time for more than 3 years

Pros

Cambridge is a great name to have on your resume as other companies in the investment management space really respect the firm. You do learn a lot about the industry and have access to some very smart people.

Cons

Cambridge does not pay very well at all. They consistently talk about retaining top talent and the easiest way to do that it to pay them, Cambridge does not agree. They continue to hire every year despite need so redundancy is a real problem. There is virtually no way to move up to be a consultant unless you leave to work for another firm or get your MBA; however, once you've done that you don't want to come back to work for the salary that Cambridge offers.

Advice to ManagementAdvice

There needs to be a very clear way to move up in the firm without leaving. If you want to retain the top talent, cultivate that talent when it is recognized. Pay more, people will put up with a lot of the office politics (and there is a ton there) and unimpressive managers if they are compensated accordingly. There also needs to be some accountability for superiors.

Doesn't Recommend
Negative Outlook
No opinion of CEO

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

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  1.  

    Great learning experience for somebody fresh out of college.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Consulting Associate  in  Boston, MA
    Current Employee - Senior Consulting Associate in Boston, MA

    I have been working at Cambridge Associates, LLC full-time for more than 3 years

    Pros

    Broad exposure to various asset classes, get to work with many smart and talented peers and senior team members, generous benefits including paid time off

    Cons

    Compensation is on the lower end of the spectrum, work can become repetitive after a few cycles

    Advice to ManagementAdvice

    Monitor and manage staffing situation better so that associates are not prematurely assigned to new clients before having a chance to fully evaluate capacity.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 3 people found this helpful  

    A Place for Average People to Have a Sedentary Career in Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Consulting Associate  in  Boston, MA
    Current Employee - Consulting Associate in Boston, MA

    I have been working at Cambridge Associates, LLC full-time for more than 3 years

    Pros

    Pro
    Exposure to over 30 years worth of private equity, venture capital, hedge fund, and public market data that cannot be rivaled.

    Caveat-
    You will have to hunt for this information, though, as is the IT and internal software does not make it easy to find or couple relevant data streams to eachother.

    Pro
    The people of Cambridge are generally good, nice, amicable people

    Con
    It's all an act. The illusion of professionalism masquerading as professionalism itself

    Cons

    Everything ties back to the salaries that Cambridge pays, which discourage talent from staying and doesn't attract new talent from joining....

    Cambridge's organizational infrastructure was designed by Rube Goldberg; a company full of middlemen that shuttle hot potatoes.

    Client's are dropping Cambridge on a nearly weekly basis.

    Management is filled with people who's primary skill is loyalty to Cambridge, not true business line acumen.

    Knowledge is so compartmentalized that no one - even at the board level - knows what's going on.

    Consultants are more like waiters than subject matter experts. They sell the same products and managers to all of the clients, negating the tales of personalized portfolio tailoring that they advertise.

    Cambridge is a chronic overpromiser and underdeliverer to clients, employees and itself.

    Advice to ManagementAdvice

    Take people's advice and do the opposite of what you're currently doing.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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