Ipreo Reviews in New York City, NY

Updated August 26, 2014
Updated August 26, 2014
82 Reviews
3.0
82 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Ipreo CEO Scott Ganeles
Scott Ganeles
61 Ratings

Review Highlights

Pros
  • Things got done (at the cost of work-life balance) (in 9 reviews)

  • Great people, fun place, good management team (in 5 reviews)


Cons
  • The high turnover rate is due to the lack of vertical mobility and stagnant salaries (in 8 reviews)

  • Hard work is unappreciated and long hours are required (in 7 reviews)

More Highlights

42 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Very great people and the work life balance is great.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Global Markets Intelligence Senior Analyst  in  New York, NY
    Current Employee - Global Markets Intelligence Senior Analyst in New York, NY

    I have been working at Ipreo full-time for more than a year

    Pros

    The company gives you a lot of responsibilities. Your co-workers are usually very laid back and nice. I would recommend entry level finance professionals for this job opportunity.

    Cons

    The turnover is fairly high at Ipreo. People are very young. The salary isn't bad or that great either. Time-off is above average.

    Advice to ManagementAdvice

    Management needs better strategies to retain talent so they stop leaving. Majority of the senior employees often leave after two years and sometimes even less.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great launch pad for a career in the financial services industry.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Global Markets Intelligence Senior Analyst  in  New York, NY
    Current Employee - Global Markets Intelligence Senior Analyst in New York, NY

    I have been working at Ipreo full-time for more than a year

    Pros

    The company provides a very welcoming and enticing working environment, allowing analysts to gain client-facing exposure at an early level.

    Cons

    While the environment provides an initial and steep learning curve, it flattens quickly and doesn't provide many challenges or opportunity to advance vertically within the organization. Does not offer competitive salary.

    Advice to ManagementAdvice

    Management needs to work better to retain talent. Current system is not conducive for growing at the current rate. Need to hire more lower level analysts to keep up with expansion to alleviate pressure on more senior employees.

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 4 people found this helpful  

    No Meritocracy, Rampant Nepotism and Unqualified, Unprofessional Managers.

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

    I have been working at Ipreo full-time for more than 3 years

    Pros

    You'll be employed.
    You have the opportunity to teach yourself from your mistakes (which you will be forced to make many of)

    Cons

    Pick up any business book and read about any company that failed and why, those are the cons of working at Ipreo.
    The massive turnover alone should speak volumes about this company.

    Advice to ManagementAdvice

    Stop hiring your friends and family and provide opportunities based on merit.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Good for a time, but you hit a ceiling

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

    I worked at Ipreo full-time for more than 3 years

    Pros

    Enjoyed the people I worked with directly. Very collaborative team.
    Growing company
    Opportunities to learn and grow if you look for them

    Cons

    Organization is less nimble (and more bureaucratic) than it should be. Too many layers of positions makes it difficult to advance past a certain point.
    Work/life balance isn't bad, but very stressful day-to-day while in the office. Always putting fires out.

    Recommends
    Approves of CEO
  6. 4 people found this helpful  

    Don't bother

    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Ipreo full-time for more than 3 years

    Pros

    Good amount of vacation time
    Casual work environment
    Things got done (at the cost of work-life balance)

    Cons

    1) Rampant nepotism: Be related to or be liked by someone in management to get promoted, get good projects, bonuses, raises, etc.

    2) No career development: Ipreo doesn't invest in employee development period. Employees work on the same products for years.

    3) Not a culture of innovation: granted this is not a consumer tech company, but the products here are really stale. It's hard to muster any enthusiasm for the stuff that's peddled. User experience design is an after thought.

    4) Negative culture: lots of cliques. Product and tech clash a lot and everyone is trying to over their behind rather than work together to put out a good product. When I was there they still used the waterfall method of product development. Who does that anymore?

    5) Working your teams to the bone: Long hours at the cost of time with your family, friends, health is normal here. Working nights, weekends - it's all fair game. I'm all for putting in hard work when needed, but things got ridiculous after a point.

    Advice to ManagementAdvice

    Stop the blatant nepotism. Fire the dead weight and don't be afraid to think like a tech company. Banks will always be risk averse but if you put out good products that are also a delight to use, that will only help you.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7. 1 person found this helpful  

    GMI Analyst

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

    I have been working at Ipreo full-time for more than a year

    Pros

    The paid-days off isnt bad. Salary isn't great. Nice people but it depends on the team you are working for. Many people use this job as a stepping stone. You have great access to upper management of public companies.

    Cons

    The promotion and salary is not that good. Perk could be better. There is no overtime. You just get dinner and a free ride back home. High turnover rate and long hours.

    Advice to ManagementAdvice

    pay more

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 3 people found this helpful  

    Revolving door

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

    I have been working at Ipreo full-time for more than a year

    Pros

    -great training program
    -work life balance
    -access to senior management of large publicly traded companies
    -jump right in as a junior analyst

    Cons

    -plateau very quickly (after about 1 year)
    -no room to really grow
    -associates are doing the same job as analysts and senior analysts...promotions are just title changes
    -pay is WAY below competitive rates
    -review process is terrible and takes way too long
    -lots of inconsistency across the division
    -team directors are not trained to manage, at all
    -cant retain talent
    -they don't market the job well, there is more grunt work even for more senior people
    -most days are the same

    Advice to ManagementAdvice

    -pay better to retain talent, most people don't make it 2-3 years, its hard to keep training more people rather than keeping people on staff who know how to do the job already
    -make sure that more senior people have real responsibilities
    -create a better career path where the change is not just a title bump

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9.  

    Everything is great about the company except for the actual job

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

    I have been working at Ipreo full-time for more than a year

    Pros

    Company culture
    Friendly coworkers
    Well performing company
    Benefits

    Cons

    Poor processes
    Poor allocation of work
    Poor Training
    Poor availability of resources
    Poor product designs
    Misguided

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10. 4 people found this helpful  

    Awful, awful, awful... Why 0 stars is not an option?

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

    I worked at Ipreo full-time for more than a year

    Pros

    I cannot think of any whatsoever

    Cons

    Incompetent management
    Low pay with high expectations of you
    No career development/advance
    Limited exit opportunities
    Horrible HR

    Basically run if you can and never look back, I was looking for a better job since the day I started and left at the first opportunity

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 3 people found this helpful  

    Unappreciated

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

    I have been working at Ipreo full-time

    Pros

    Nice, hardworking co-workers that somehow retain a good attitude even when they are overworked.

    Cons

    Hard work is unappreciated and long hours are required. If you enjoy working 40 hours a week during regular business hours and then 15-20 more from 10pm to 5am (including Friday/Saturday nights) then this is the place for you.

    Advice to ManagementAdvice

    Show some respect to work/life balance. Humans should work to live not vice versa. If staff is working nights and weekends then give them comp time in exchange for working graveyard on every release or DR.

    Doesn't Recommend
    No opinion of CEO

Worked for Ipreo? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.