Nuveen

  www.nuveen.com
  www.nuveen.com
There are newer employer reviews for Nuveen

3 people found this helpful  

Nuveen - are your best days behind you?

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Divisional Director in Chicago, IL
Former Employee - Divisional Director in Chicago, IL

I worked at Nuveen

Pros

The great people around the firm
Good benefits - many of which have been cut however

Cons

Madison Dearborn took Nuveen private at the top of the market - as a result, the firm is under extreme pressure to generate revenues and/or cut costs. There are many entrepreneurial people in the firm, unfortunately, executive management is detached from the people who are expected to deliver and doesn't do a good job of monitoring or holding to account those who are responsible for the undertaking. In a business with extremely large gross margins, this type of detachment isn't terminal nor does it result in major pain for shareholders, however, in the new asset management business paradigm it has become a problem for Nuveen and firms like it.

Advice to ManagementAdvice

Run Nuveen like a business, not a country club for execs.

Doesn't Recommend
Disapproves of CEO

43 Other Employee Reviews for Nuveen (View Most Recent)

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  1. 3 people found this helpful  

    Nuveen -- try to be one of the selected "few." It's the top management that really makes the money and gets the perks.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Divisional Director in Chicago, IL
    Former Employee - Divisional Director in Chicago, IL

    I worked at Nuveen

    Pros

    The eight-week sabbatical is great -- if you can make it that long. Good vacation time, decent base salaries and pretty good benefits -- but not as good as they used to be (no longer have a defined benefit plan). Equity used to be great to have, but since the buyout, just not the upside potential anymore for the rest of the folks.

    Cons

    Top management plays by different rules. If you can come in at a high enough level, you'll love it. Otherwise the incentive comp is lacking for everyone else. Poor communication of strategic direction. Little incentive given to the sales people.

    Advice to ManagementAdvice

    Empathize with the rest of the employees a little -- spread the wealth. Senior management is the only group that gets to keep pace with the real inflation.

    No opinion of CEO
  2. 2 people found this helpful  

    Nuveen growing-pains.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President in Chicago, IL
    Current Employee - Vice President in Chicago, IL

    I have been working at Nuveen

    Pros

    Still some remnants of the work-life balance remain from "old Nuveen" but gradually eroding.

    Cons

    Weak leadership, poor communication, financial impact of acquisition.

    Advice to ManagementAdvice

    Follow-through on long-term plan and provide more active leadership and direction.

    Doesn't Recommend
    No opinion of CEO
There are newer employer reviews for Nuveen

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