Neuberger Berman

  www.nb.com
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Neuberger Berman Reviews

Updated Jul 20, 2014
All Employees Current Employees Only

3.3 59 reviews

83% Approve of the CEO

Neuberger Berman Chairman and CEO George H. Walker

George H. Walker

(35 ratings)

71% of employees recommend this company to a friend

Review Highlights

Pros
  • Started out with positive work/life balance then went downhill(in 8 reviews)

  • Great compensation, great people, centrally located in downtown Dallas(in 5 reviews)


Cons
  • Small groups and limited opportunity to move within the firm(in 3 reviews)

  • Unfortunately Lehman's culture pervaded Neuberger post market crash of 2008 with many of the senior management piggy backing off of NB's survival(in 3 reviews)

59 Employee Reviews
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Intern

    Intern (Former Employee) New York, NY

    ProsFast paced environment, place to learn and grow

    ConsCo-workers are friendly however there isn't an opportunity to getting to know them better

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

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Second Tier Firm

    Portfolio Accountant (Former Employee) Chicago, IL

    ProsNone that I can think of

    ConsLow pay, long hours, intermediate and senior management lack vision, treat consultants like serfs

    No, I would not recommend this company to a friend

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    • Approves of CEO

    1 person found this helpful  

    Managing Director

    equity owner (Current Employee) New York, NY

    ProsClient focused. Remarkable culture. Clear strategy and promising future. It is remarkable how the firm has developed after gaining its independence - what a story.

    ConsNone meaningful. It would be nice if people could rotate assignments, but that is not realistic in this business unfortunately.

    Advice to Senior ManagementStay the course! Well done

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

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    extremely limited growth opportunities

    Anonymous Employee (Former Employee) New York, NY

    Prosaccess to intelligent portfolio managers and company research

    Consgrowth potential is extremely limited; career mobility appears to be a fallacy and is not supported by managers. there is a lot of subtle racism within middle management, often times favoritism being shown towards "the good ol' boys". many of the client facing roles are in groups that are chauvinistic and overtly sexist, with grossly inappropriate behavior that is ignored by management. this is a company where you should spend no more than 1-2 years to simply get a name on your resume, then pack up and move on.

    Advice to Senior Managementpromote talent from within and you will build a strong company with a strong future.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Disapproves of CEO

     

    Either become a revenue generator or disappear - Firm is for those who can generate revenue, cost centers don't matter

    Legal and Compliance (Former Employee) New York, NY

    ProsWork here if you are a revenue generator and have a book of business you can bring to increase firm's AUM either as a sales person or Portfolio manager. You eat your own cooking. Each team is paid based on their individual team level AUM. If you can bring in money, then you will feel like you own the place.

    ConsIf you are a cost center in Operations, HR, IT, Risk, or administration, then you are considered second class citizens. It is as if you hold non voting shares in a company. You don't matter, you are compelled to leave the firm and you are told to keep you opinions to yourself. As a cost center, you are just a number, you really have no identity. Please do not take cost center jobs, you will regret taking the job because you are just a menial worker. You will lose your self confidence and will lose motivation to engage with your work due to the environment in the firm.

    Advice to Senior ManagementI think it would be better if Management told the truth to NB services employees. Management should not continue to deceive cost center / Support employees. People who work in support roles may not generate any revenues but they are still US Citizens. Please treat them with some respect and tell them the truth that they are menial workers since eventually they will find it out.

    No, I would not recommend this company to a friend

    1 person found this helpful  

    Great place to work

    Anonymous Employee (Former Employee)

    Prosgood, smart, kind and easy going people

    Consthe work was very boring.

    • Culture & Values
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    • No Opinion of CEO

    1 person found this helpful  

    Neuberger Berman

    Marketing and Product Development (Former Employee) New York, NY

    ProsVery collegial environment and flat organizational structure. You get a lot of exposure and interaction with senior management, investment professionals, marketing, sales, etc. Depending on what group you're in, there is also a very entrepreneurial environment, where you can propose things and then try it out.

    ConsSimilar to other asset management companies, the portfolio managers rule the roost. Anyone in a non revenue generating part of the business is treated that way (including compensation and advancement opportunities). Advancement opportunities are difficult to win and it's not clear what your managers are looking for.

    Advice to Senior ManagementDecisions that are decided at the top don't seem to flow to the rest of the team and when they do, they don't always make sense, so management should work on improving communication.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    1 person found this helpful  

    There are probably better firms at which to start your investment career.

    Analyst (Current Employee) New York, NY

    ProsRecognizable brand. Great access to information from the street. There are some good investors to learn from.

    ConsNo training. The people are very hit-or-miss: some are great to work with or for and others can be downright nasty. Very conservative. Easy to get stuck in the mid-levels.

    Advice to Senior ManagementNot very clear how performance is measured.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Summer Internship with an Investment Group

    Intern (Former Employee) New York, NY

    Pros- My group gave me hands on experience
    - Very entertainment work environment
    - Everyone was willing to answer any questions I had
    - Work/Life balance was great for industry

    Cons- Not great intern pay for finance
    - Do not give formal offers after internship
    - Intern experience seemed to vary greatly by department/position

    Advice to Senior ManagementGive interns offers and start undergrad recruitment program!

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Underpaid

    Registered Representative (Current Employee) New York, NY

    ProsThe people you work with are a lot of fun and everyone around you has a lot of work experience

    ConsSalary is low for the position

    Advice to Senior ManagementOffice culture is great but the pay is awful

    Yes, I would recommend this company to a friend

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