McMorgan & Company

  www.mcmorgan.com
  www.mcmorgan.com

McMorgan & Company Reviews

Updated July 7, 2014
Updated July 7, 2014
2 Reviews
3.7
2 Reviews

Recommend to a friend
Approve of CEO
(no image)
CEO
0 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at McMorgan & Company full-time

    Pros

    Small office, tenured staff, senior management likes to have fun

    Cons

    Owners of company is male dominated. Very few females ever get promoted.

    Recommends
    Positive Outlook
  2.  

    A Failing Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at McMorgan & Company

    Pros

    Salaries were higher than average for the industry. Benefits package was superior to that offered by most companies. Very little overtime work required - uncommon in the industry.

    Cons

    Company's position within its target marketplace was continually eroded by poor senior management decision making and inferior marketing decisions. McMorgan was acquired by New York Life Investment Management in late 2001, and began a gradual slide into mediocrity that badly damaged employee morale. A few disastrous hiring decisions at senior management level accelerated the decline.

    Advice to ManagementAdvice

    It is too late to make recommendations to McMorgan as an independent entity, as the remnants of the company are being distributed back into other parts of the New York Life Investment Management family. The failure of McMorgan is a textbook example of a company that decided to hope for the continuation of long-standing business relationships instead of focusing on building a core competency in investment management, acquiring new clients, and developing an internal talent base that could handle the change in markets after the dot-com crash.

    Doesn't Recommend

Work at McMorgan & Company? Share Your Experiences

McMorgan & Company

 
Click to Rate
or

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