Fifth Third Asset Management

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Fifth Third Asset Management Reviews

4 Reviews

2.0
4 Reviews

Recommend to a friend
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Stephen Gerard Mullins
0 Ratings

Employee Reviews

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  1.  

    Some bright spots, but mostly not

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

    I have been working at Fifth Third Asset Management full-time

    Pros

    My immediate team is fantastic, smart, respectful, but that is not the case in other teams. The hours are long, but flexible to some degree. Immediate management is great. Benefits are decent.

    Cons

    Very cliquey, with a culture that has become even more closed. Not a very diverse employee base and seems to be getting less diverse. The relationhip with the bank is stifling to business growth. Lots of distractions in the form of mandatory classes and emails that have nothing to do with your role.

    Doesn't Recommend
    Negative Outlook
  2.  

    Never regained its position from 2006

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

    I worked at Fifth Third Asset Management full-time for more than 5 years

    Pros

    competitive salary, work/life balance, 401k match with profit sharing, benefits

    Cons

    Company laid off over 33% of staff from selling the mutual fund complex. management buyout also occurred splitting the company in two. Senior management was not cohesive on company's growth perspectives and lacked vision, which ultimately led to the restructure. limited opportunity to advance internally. little recognition for achievements and accomplishments.

    Advice to ManagementAdvice

    have competitive products in marketplace and be adaptable. Assets under management went from $21 billion in 2006 to $6 billion in 2013. Recognize trends and consumer behavior. Analyze margins.

    Doesn't Recommend
    Negative Outlook
  3.  

    Terrible

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

    I worked at Fifth Third Asset Management full-time for more than 8 years

    Pros

    Work life balance and salary

    Cons

    Complicated industry not understood by larger bank.

    Doesn't Recommend
    Negative Outlook
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  5. 1 person found this helpful  

    Poor

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

    I worked at Fifth Third Asset Management

    Pros

    The staff is quality and generally well intended and collaborative in nature. Technology resources are generally adequate but lagging most peers.

    Cons

    Relationship to the bank is a negative and hinders the division's growth. Senior leadership needs upgrading and has a history of underperforming business results.

    Advice to ManagementAdvice

    Talent upgrades needed at the senior level. Leadership style is old school. Set realistic business goals and execute upon them.

    Doesn't Recommend

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