Promontory Financial Group Reviews

Former Employee – worked at Promontory Financial Group as a contractor for more than a year

Pros – The people are the smartest in the business and know their niche better than anyone. The workload is relatively predictable, though some projects can require crazier hours than others. Exit options are excellent as people who know the industry well know that PFG is a great organization.

Cons – There is a relatively large disparity, at times, between directors and managers and their underlings - this can sometimes lead to some differences in approach and, ultimately, some instructions and desires getting lost in translation.

Yes, I would recommend this company to a friend

Former Employee – worked at Promontory Financial Group as a contractor for less than a year

Pros – Good bonus, nice people, cool project, you can make friends with most of people inside

Cons – Need traveling and relocation depends on project.

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

Current Employee – been working at Promontory Financial Group as a contractor for less than a year

Pros – Paid hourly as an independent contractor and they allowed unlimited overtime potential at time-and-a-half. You could make your own hours as long as you were present in the afternoon (10am-3pm). The office was nice, Friday lunches were provided and dinner was provided to those who work overtime.

Cons – Management was 'good ole boys club' type and promoted men who fit in with them, not who was most qualified for promotion.

Yes, I would recommend this company to a friend

Former Employee – worked at Promontory Financial Group as a contractor for more than a year

Pros – The people I worked with at Promontory were some of the best coworkers I've ever had. We really had to band together to get through all of the nonsense that arose from the managers' utter cluelessness.

Cons – The managers were utterly clueless. To call them "micromanagers" isn't enough; they were "nanomanagers" despite knowing less about the foreclosure process than the most junior analyst.

Advice to Senior Management – Graduating from Princeton six months ago does not automatically qualify a person for management of a complex foreclosure review process. God help Promontory if its friends in the Treasury Department retire or stop sending business your way.

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

Current Employee – been working at Promontory Financial Group full-time for less than a year

Pros – You are rewarded for great work and given credit for the work you have performed. You are challenged from every aspect and provided opportunities to grow, enhancing your career.

Cons – It is a challenging matrix environment that expects focused dedication. You must be able to work well with ambiguity.

Yes, I would recommend this company to a friend

Current Employee – been working at Promontory Financial Group full-time for more than 3 years

Pros – Salary. Benefits. Expert People. Location. Vacation Days.

Cons – None that are worth mentioning

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

Former Employee – worked at Promontory Financial Group as a contractor for less than a year

Pros – Good pay rate for a contracted employee

Cons – Micromanagement. Long hours. Unrealistic expectations. Rude management. Everyone is always stressed. The company culture is to operate under fear and stress. I was literally threatened to be fired on a weekly basis, yet continuously asked to train other employees and was begged to stay after I submitted my two weeks notice. Bipolar management.

Advice to Senior Management – There are other ways to create a productive work environment other than threatening employees and treating them as less than human.

No, I would not recommend this company to a friend

Current Employee – been working at Promontory Financial Group full-time for more than 7 years

Pros – No other financial services consulting firm can hold a candle to Promontory when it comes to expertise. Promontory's elite staff is handpicked by the CEO to serve clients by providing the best advice and guidance on complying with regulations, meeting supervisory expectations, and improving corporate governance. For those early in their careers, this is an amazing place to learn from the best minds in financial services. For those who already have invested a significant part of their career to financial services issues, Promontory is a place where you can leverage your experience while doing interesting, innovative work.

Cons – Promontory is a demanding workplace -- this is NOT a place for 9 to 5-ers. You should expect to work 50 hour weeks fairly often, and sometimes longer. Promontory employees work on important and complex issues, and they are expected to excel. However, the financial rewards can be significant, and the benefits and vacation package are generous. The CEO works harder than anyone, and that is really saying something in an organization where intense commitment to client work is a given.

Advice to Senior Management – As Promontory goes through a period of significant growth, please take every step to ensure that its culture of respect for colleagues is preserved!

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

Former Employee – worked at Promontory Financial Group full-time for more than 3 years

Pros – Money and benefits are great

Cons – work you like you are a dog - no work life balance