Ipreo Reviews

Current Employee – been working at Ipreo full-time

Pros – Rewards for staying on top of your game

Cons – You must be a top performer or else

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Ipreo

Pros – Everyone is pretty friendly and pleasant to work with

Cons – Software you work on can be outdated and teams fall behind sometimes

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Ipreo full-time for more than a year

Pros – Great people and great technology and you often have opportunities to wear a lot of different hats. Management is generally flexible.

Cons – No career advancements and pay is far below market value. The company tends to lose a lot of talent because of this.

Advice to Senior Management – Retain your talent and offer career advancement opportunities

No, I would not recommend this company to a friend

Current Employee – been working at Ipreo full-time for more than 7 years

Pros – * Merit is rewarded. If you work well and your team performs well, you will see adequate compensation.
* I work on the technical side and I have learned a lot here.
* My boss leaves me alone most of the time.
* Upper management - especially the CEO - seem to know what they are doing and say all the right things.

Cons – * Uneven departments - if you end up in a "not-so-good" team you will probably suffer.
* There's an "edge" to the company's culture that someone may perceive as cold or too serious - it's not a warm and cuddly place to work (you should work in a non-profit if that's what you're looking for).
* Work environment can be noisy.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Ipreo full-time for more than a year

Pros – A lot of young fun people. Everything else is pretty much awful.

Cons – Worst managers ever. They treat you like a piece of dirt, even though you have a university degree. The management in Bethesda, MD is trying to micro manage every second of your day. They have plenty of power trips and treat employees badly. The job description is a simple LIE. You are basically a telemarketer, spend all day starring at a super outdated software and every click is monitored. I was even told not to go to the bathroom more than 3 times a day. The research side of IPREO deserves a simple F. Be aware and do not work in the Bethesda, MD office! They promise a lot and you do not get anything in return.
BTW - Starting salary is $35-$37K ...in the DC Metro area you can earn more cleaning bathrooms.

Advice to Senior Management – Do not lie. Do not yell at employees. Respect and compensate your employees and please get off the power trips.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Ipreo full-time for more than 3 years

Pros – You will wear different hats but in the long run those skills are valued

Cons – Because of resource allocation issue, they cannot outsource QA job

Advice to Senior Management – Very good company to work for but increase the pay and outsource the QA job

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Current Employee – been working at Ipreo full-time for more than 10 years

Pros – - Executive interaction and transparency
- Ability to contribute to company growth
- Direct client interaction and seeing work incorporated into high level decision making
- Generally favorable hours
- Friendly laid back work environment

Cons – - Compensation severely lacking for first few years. There is an opportunity to make a decent salary, but few stay long enough to realize that.
- Despite a growing company, most employees do not get to reap benefits, which go directly to executives and owners.
- Difficult to always hear how great the company is doing if that does not lead to any benefit of broader employees, even high performers.
- High turnover among junior analysts driven by the low salary and occasional high workload demands.
- Despite claiming to be, promotions generally are not merit based (tenure).
- Lack of clear advancement opportunities or career path.
- Complacent attitude toward underperforming employees and teams.

Advice to Senior Management – Lack of adequate compensation and advancement opportunities are well-known problems. It is time to address the problem rather than ignore it, or pretend it is something other than comp and advancement opportunities. More money is spent recruiting and training (not to mention the cost to quality of work to clients and disruption to the company) than if we provided comp inline with work expectations.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Ipreo full-time for more than 10 years

Pros – Good location, ok benefits (cost is a little high), and generally good co-workers

Cons – There's not much room for advancement, expect to work 12 hour days including weekends. very high turnover among employees, No training available, pay is very low compared to the market. Ask lots of questions when applying to make sure everything is explained in the job description as they use a canned job description and people tend to leave with-in a 6 months to a year

Advice to Senior Management – Senior management is very talented and tries to communicate with the company, but the middle managers are clueless and either need to be replaced or educated on how to be a manager.

No, I would not recommend this company to a friend

Former Employee – worked at Ipreo

Pros – Some of the workers are great people. That's really it.

Cons – The job description makes you think you will be working with knowledgeable supervisors on important and groundbreaking financial analyses and career enriching work. You won't. You'll end up spending most of your time trying to get cold calls for clients to basically do surveys of hedge funds and other institutional holders, and guess what, most of them don't want to talk to you as soon as you mention Ipreo. At first it all seems great until the supervisors crack down about harassing clients with meaningless updates, and continue to do so even if the clients hint that they don't need an e-mail every two minutes. I could go on and on, but you get the hint.

Advice to Senior Management – Liquidate

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Former Employee – worked at Ipreo full-time

Pros – -The people are good. Friendly employees.
-HR is enthusiastic

Cons – -The company frames their description as analytical and finance based when in fact you use their database to track investors. If you're interested in valuation/financial analysis do not join this company
-Work is monotonous, you basically do the same thing every day/week/month
-You're expected to create your own rolodex of buy-side contacts. That means you spend time on cold-calling PMs who have no incentive to talk to you every week, and this cold-calling nature of the job is not made explicit during recruitment
-There aren't many places you can transfer your skills of being able to guess which investors are behind companies. Once again, during recruitment they emphasize that this is a finance based role but you really do not use any such analysis
-No real perks

Advice to Senior Management – Increase compensation and focus on creating a company culture

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company