NISA Investment Advisors
2.1 of 5 7 reviews
www.nisanet.com Saint Louis, MO 150 to 499 Employees

NISA Investment Advisors Reviews

Updated Jul 7, 2014

Be The First To
Add Photos

All Employees Current Employees Only

2.1 7 reviews

                             

0% Approve of the CEO

(no image)

Jess B. Yawitz

(3 ratings)

17% of employees recommend this company to a friend
7 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

    1 person found this helpful  

    Satisfatory

    Anonymous Employee (Current Employee)
    Saint Louis, MO

    ProsLot to learn, nice starting place, stable job

    ConsHard to progress and scalate position

    Advice to Senior ManagementNone

    Yes, I would recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Poor company culture

    Anonymous Employee (Current Employee)

    ProsOpen kitchen, emphasis on learning

    ConsVery poor career prospects, lack of leadership and follow-through from senior managers

    Advice to Senior ManagementCompliance is important, but the focus should be on "the spirit of the law" rather than the letter of the law.

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

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    NO Opportunity NO advancement

    Anonymous Employee (Current Employee)

    ProsOccasional office sponsored happy hours and catered lunches (expect to eat at your desk). Reasons to work here are few.

    ConsIf the role is within the operations department, expect zero transferable skills. Like many of the other reviews for NISA, the job you take will be the job you leave with.

    There has been a hiring freeze within the department for the past two years. Only one person per quarter is allowed to transfer to a new role within the company. This is only AFTER you find a replacement for your current job. Just remember, there are at least 10-15 people with years of experience already waiting for the opportunity to advance within the company.

    Work is tedious and boring. The technology department has no accountability, systems are broken, half complete, or nonexistent.

    Office politics are rampant. I cannot fathom how adults can act with such a lack of professionalism and maturity.

    The morale in the operations department is dangerously low.

    Advice to Senior ManagementThis is not the same company as it was 10 years ago. Stop trying to keep it that way. Be more involved with things on the ground level. The support staff are often most familiar with the many technology and organizational problems, not managers/group leaders. STOP playing office politics. The company is at a crucial transition and cannot afford these games.

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
  • We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Great place to start & leave

    Trading Desk (Former Employee)
    Saint Louis, MO

    Pros- Free Lunch
    - Lots to learn at first
    - Work with some extremely nice & intelligent people
    - Quite a few out of work events sponsored

    Cons- Extremely manual processes
    - Lack of leadership
    - Lots of blame placing
    - Extremely hard to advance (they will promise its super easy in the interview)

    Advice to Senior ManagementTreat your employees as a valuable asset. NISA recruits some of the greatest minds and then turns and burns them. Any NISA employee can go somewhere else for better pay.

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Job and firm failed to meet expectations

    Analyst (Current Employee)
    Saint Louis, MO

    Prosfree lunch
    relaxed hours
    predictable daily routine

    Consimpossible to advance, uncomfortable environment, compensation below market, minimal transferable skills

    Advice to Senior Managementnone

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

    5 people found this helpful  

    The place promising careers go to die

    (Former Employee)
    Saint Louis, MO

    ProsThere are not many pros that I can think of... if you live in St Louis, dont want to leave and have to be in asset management, then its about the only game in town aside from family offices.

    ConsThe primary problem with NISA is that the culture is built on nepotism, is ridiculously political and completely dominated by insecurity at all levels. The generally gloomy attitude of many of NISA's employees is a reflection of its leadership. The compliance group has a tendency to focus on the painfully insignificant at the expense of major glaring issues, and seems to develop policies that are meant more to preserve the net worth of its owners than to serve as an effective risk management group.

    In terms of advancement opportunities... there are none. The job you're hired into is the job you will do until you quit or die. NISA has a bizarre Investment Professional designation policy that seems to be designed to game attrition reporting, allowing them to brag about how low turn over is while there is clear discontent throughout. If you are given an offer, the top brass will likely tell you about the limitless opportunities and the buckets of money you can make if you do a good job. While this may have been true when the firm was founded, those days are long gone.

    They do provide "free" lunch every day (but you will likely feel compelled to eat it at your desk with your work and supervisor staring you in the face). The food selection gets old as it cycles through the 4 or 5 restaurants that the owner is friends with and the worst buffet style joints St Louis has to offer (which can be real bad). The only time the menu varies is when the particular eating sensibilities of the compliance offer (yes compliance officer) changes and imposes that view on the selection available to all (i.e., no more cookies).

    NISA is a place that relatively few in the asset management industry have ever heard of (aside from direct competitors and the bankers unlucky enough to cover them), with a mixed reputation among those who have heard of the firm, and is a place that many wish they never heard of within 6 months of their hire date. I would recommend staying far far away.

    Advice to Senior ManagementSell

    No, I would not recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           

     

    Good place to work

    Anonymous Employee (Former Employee)

    Prosfully stocked kitchen
    complementary catered lunch
    education sessions
    laidback environment

    Consdifficult to progress up the ladder

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
RSS Feed Embed

Worked for NISA Investment Advisors? Contribute to the Community!

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

Glassdoor is your free inside look at NISA Investment Advisors reviews and ratings — including employee satisfaction and approval rating for NISA Investment Advisors CEO Jess B. Yawitz. All 7 reviews posted anonymously by NISA Investment Advisors employees.