Evercore Partners Reviews

Updated April 11, 2015
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3.7
21 Reviews
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Evercore Partners President and CEO Ralph L. Schlosstein
Ralph L. Schlosstein
13 Ratings

Employee Reviews

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  1. Mexico office underpaid and no repect from seniors

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate in Mexico, Distrito Federal (Mexico)
    Former Employee - Associate in Mexico, Distrito Federal (Mexico)

    I worked at Evercore Partners

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Technical competence and name recognition

    Cons

    Senior management have serious emotional problems, like to bully around

    Advice to Management

    Respect your employees

  2. Helpful (2)

    The Mexico City office needs rehabilitation and integration with Evercore global

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Mexico City (Mexico)
    Current Employee - Analyst in Mexico City (Mexico)

    I have been working at Evercore Partners full-time (less than a year)

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    Pros

    Exposure to leading economic thinkers in Mexico. Very intelligent coworkers. Learned about public finance in Mexico.

    Cons

    No chance to interact with other offices/projects worldwide. The Mexican company Protego was acquired by Evercore but they basically just changed the logo. Most people still refer to the company as Protego.

    One HR person for the entire office. This means no training/professional development. The HR rep is strictly for hiring/benefits.

    No documentation/knowledge management/project management processes. This means every project starts from scratch. Lots of brain drain because people leave. Habitually late on deadlines (part of Mexico in general). We were actually calling former employees for help. People's idea of knowledge management is printing a prior project and putting it on a bookshelf.

    Unreal amount of time in the office. People don't care what you get done, they just want to see butts in seats. Work-from-home/flex time is unheard of. If you have to finish something for a Monday deadline they ask you to come in on Saturday instead of doing it on your laptop from anywhere.

    Barebones IT resources (i.e. we make diagrams all the time but don't have MS Visio, we don't have MS project). This is not an NGO and we could afford to have this software.

    No upward mobility. Analysts are undergrads, some have master's. Then they all leave for a PhD or go work for the government. You can't stay and work your way up to a management position - there are no "middle positions."

    Advice to Management

    You acquired Protego but haven't done anything to make it better. Sometimes it feels like we are just spinning our wheels in Mexico. Swap some managers so that there is more cross-collaboration and help us feel included in the larger organization. Not exaggerating when I say that all that happened was that they changed the logo. I have no idea what people do in other Evercore offices worldwide.

  3. Helpful (3)

    It could be worse...it could be a lot better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Administrative/Executive Assistant in New York, NY
    Current Employee - Administrative/Executive Assistant in New York, NY

    I have been working at Evercore Partners

    Approves of CEO
    Approves of CEO

    Pros

    Compensation is decent if you know what to ask for from the beginning - salary with overtime, bonus minimum, etc.
    Benefits are competitive+

    Cons

    - EXTREMELY poor HR department though recent changes relating to HR management shows some promise. Change is slow.
    - Fear of retribution prevents many employees from reporting unfair treatment or other issues.
    - Very poor communication from the top to the bottom.
    - Senior management at Evercore expects personal work to be completed by their assistants. This ranges from very small tasks to large projects dealing with family and outside interests. This work is sometimes personally compensated by the individual manager around the holidays but often times it isn't. Again, fear of retribution prevents many employees from tackling this problem despite being overtaxed and ethically conflicted.

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  5. Helpful (3)

    Not a place for non partners

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

    I worked at Evercore Partners

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Prestiige of working at a mid town boutique investment bank. Compensation better than average.

    Cons

    If you are not a partner, you are treated like fodder. This is especially true for the support staff. At least the analyst have a chance at becoming a revenue producer, the support staff are treated like a changeable expense and often are. Beware unless you are a senior level banker.

    Advice to Management

    It's a hard concept to acknowledge but there is work life balance for the support staff.

  6. intern

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

    I have been working at Evercore Partners

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    interesting work, good on the resume

    Cons

    lack of mentorship, very individual work

    Advice to Management

    invest more in your interns

  7. It's okay

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

    I worked at Evercore Partners

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

    Pros

    Free breakfast,
    IT is super cool

    Cons

    Super stiff crowd, won't even know your name

  8. Operations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Associate in Los Angeles, CA
    Current Employee - Operations Associate in Los Angeles, CA

    I have been working at Evercore Partners full-time (more than 3 years)

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

    Pros

    Boutique investment bank located in NYC with other divisions located in San Francisco, Los Angeles, Washington DC with a great reputation in the investment banking world.

    Cons

    I'm not sure of how the promoting works in NYC, but the branch offices don't offer any room for promotion.

  9. Helpful (3)

    Evercore Partners needs to be more respectful to its employees.

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

    I worked at Evercore Partners

    No opinion of CEO
    No opinion of CEO

    Pros

    Evercore provides the opportunity for its employees to reap the benefits of both a lucrative income, and the chance to work with, and for, some very bright and influential individuals.

    Cons

    Unfortunately, some members of the companies middle-management treated lower-rung employees with consistent disrespect. This often made the work-environment a rather uncomfortable place to be.

    Advice to Management

    The disrespectful way in which middle-management treated some employees was not appropriate, nor did it reflect the image of class, quality, and integrity which the company strives to exhibit.

  10. Associate

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

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

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

    Pros

    Nice people
    More bearable lifestyle than bulge brackets
    Good benefits/perks (meals, drinks, events)
    Good compensation for bankers, but doesn't seem to be as good as it used to be
    Some great senior bankers

    Cons

    Growing pains of a rapidly growing company
    ISI acquisition has made us more like a bulge bracket
    No 401k contribution

    Advice to Management

    Focus on lifestyle of junior bankers to make sure that they stick around longer term
    Make sure to comp at high end of street otherwise people will tend toward more established firms

  11. Good place to build career

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

    I worked at Evercore Partners

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

    Pros

    Great culture and friendly people
    Good benefits

    Cons

    Work life balance sometimes missing

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