The Frankel Group
4.6 of 5 23 reviews
www.frankel-group.com New York, NY

The Frankel Group Reviews

Updated May 13, 2014

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4.6 23 reviews

                             

100% Approve of the CEO

The Frankel Group Founder Barry R. Frankel

Barry R. Frankel

(6 ratings)

100% of employees recommend this company to a friend
23 Employee Reviews
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    Good

    Anonymous Employee (Current Employee)

    ProsGood place to work and learn

    ConsLot of work, long hours

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    Great company where everybody knows your name

    Analyst (Current Employee)
    New York, NY

    ProsOpen door policy in management from MDs to Principals. Given the chance to express ideas and opinions. Opportunity for growth

    ConsWork can be tedious. In need of better health benefits.

    Advice to Senior ManagementKeep up the great work!!

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

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    Great company.

    Analyst (Current Employee)
    New York, NY

    ProsSmall company environment is great, as is open door policy of management. The majority of the work is interesting, and the lack of constant travel common to other consulting firms is a huge plus.

    ConsHours are good for a consulting firm, but are very unpredictable. The work is generally interesting, but can be tedious at times. Management styles vary among the senior staff, and figuring out your role at the beginning of a project can be an interesting endeavor.

    Advice to Senior ManagementKeep up the open door policy

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

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    A growing, entrepreneurial firm for people who love the life sciences and business

    Consultant (Current Employee)
    Cambridge, MA

    ProsSome of the key reasons to choose Frankel Group include:

    Caliber of the people: Colleagues at the Frankel Group are some of the sharpest in the life sciences industry and have extremely deep domain expertise and business insight. You’ll learn something from them every day.

    Content of the work: You will work on highly engaging, challenging projects for life science investors, startups, and mid-size and large- companies. Recent project work has included:
    • A science and commercial-based prioritization of indications and assets for a leading global pharmaceutical company
    • A technology development and strategic partnering/fundraising strategy for an early-stage technology spinout
    • A royalty stream investment due diligence for a leading healthcare private equity investor

    Opportunities for growth: Frankel Group is a meritocracy. As the firm expands headcount and offices, there are plenty of opportunities for personal and professional growth.

    Engaged alumni, who you’ll meet as clients, at social events, or when their company uses one of the board rooms for a meeting.

    Fun, open working culture and flat org structure.

    Transparent and extremely well-managed firm.

    ConsSome benefits are lacking (such as cell phones, which are used regularly for work)

    Advice to Senior ManagementPlease keep doing what you are doing - bringing in interesting, challenging projects and fostering a fun, transparent and overall great place to work.

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

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    Challenging, interesting life sciences strategy consulting work at a supportive, collaborative firm

    Consultant (Current Employee)
    Cambridge, MA

    ProsFlat org structure - The opinions of staff at all levels are a respected and valued part of every project, and everyone's door is open if you need help on an assignment.

    Strong professional development - From the training you get in your first week to the debriefs after each project to your annual review, FG always makes sure you know where you stand and what you need to do to improve.

    Great corporate culture - We have a casual in-office environment and enjoy spending time with each other outside of work, whether that's a pumpkin carving event at Halloween, the annual holiday party, or (no, really) trampoline dodgeball in the summer.

    Generalists within the life sciences - we don't work with one type of client or on one type of project. You'll get exposure to products at every stage of the life cycle, and to companies as small as single-person start-ups or as large as the major pharma manufacturers.

    ConsTwo-project model sometimes can make it difficult to juggle priorities. It just takes a little while to get used to this process, but as long as you advocate for yourself you can find a balance.

    There are the standard tradeoffs of working for a smaller firm (i.e., less access to more costly secondary resources / databases), although this has yet to actually impede a project I've been on

    Along the same lines, there are the standard tradeoffs of working in client services. You'll have some long nights and some unpredictable weeks, but the firm works hard to keep everyone's staffing manageable so that no one person is swamped for too long.

    Advice to Senior ManagementKeep doing what you're doing - stay transparent with employees about our individual progress and the direction of the firm overall. And please add 1-2 more firm holidays to the calendar!

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

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    Great Company and Great People

    Anonymous Employee (Former Employee)
    New York, NY

    ProsSmart, down to earth people and fun culture
    Really good mentoring and feedback system in place

    ConsConsulting hours, but better work/life balance than most consulting firms as there is not a lot of long-distance travel

    Yes, I would recommend this company to a friend

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    The Best Life Science Consulting Firm - Hands Down!

    Anonymous Employee (Current Employee)
    New York, NY

    ProsThe singular best reason to work at the Frankel Group is the people, or as it is often referred to “The Frankel Family.” Frankel is a group of extremely smart and dedicated individuals, who I also consider some of my very good friends. The open door policy helps to create a collegial environment that makes work feel like a “group project” as opposed to “work.” Imagine it as being on the A-team for a class project, you’ve got the best of the best…and everyone is dedicated to getting things right – it’s hard work but also an incredibly rewarding experience. Additionally, the wide range of projects across the value chain ensures a continual learning process.

    ConsThe “cons” are more general to consulting as opposed to the Frankel Group. Work hours can be unpredictable, which makes it difficult to always hit an ideal work/life balance. Although vacations are respected, the degree to which you are able to fully “unplug” can be project dependent. There are some downsides to working at a small firm, smaller project teams can require more senior staff to periodically do some “grunt work” (take interview notes, etc)

    Advice to Senior ManagementKeep up the good work! I’ve always been impressed with how quickly management will acknowledge and address anything that is brought to their attention (ranging from compensation, promotions, training, snacks in the kitchen, anything!).

    Yes, I would recommend this company to a friend

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    Intellectually stimulating and opportunity to work specifically in life sciences with casual close knit atmosphere

    Consultant (Current Employee)
    New York, NY

    ProsIntellectually challenging, strategic thinking, casual atmosphere, cohesive team approach, great management, open door policy through MD's, opportunity for professional growth

    ConsSome long hour weeks, sometimes resource constrained due to small company nature

    Yes, I would recommend this company to a friend

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    Perfect combination of science and business

    Consultant (Current Employee)
    New York, NY

    Pros- The greatest Frankel Group asset are the people - they are not only smart, hardworking, passionate about life science which makes the work easier but they are fun and take life in stride which makes the process easier as well
     - The two project model allows you to get exposure to various types of projects and different parts of the industry

    ConsOne of the downsides is that it is client-based thus you are held accountable to produce at all times. Combined with the rigor of the analysis, this can sometimes mean long hours which is typical of any consulting job

    Advice to Senior ManagementContinue to focus on maintaining culture & recruiting the right people as this is where I feel strength of the firm lies

    Yes, I would recommend this company to a friend

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    You will learn a ton about the life science industry and you will have a lot of fun throughout the process.

    Analyst (Current Employee)
    New York, NY

    ProsBright and friendly co-workers, laid back culture, and very supportive management.

    ConsExposure to c-suite level in big pharma companies is limited.

    Yes, I would recommend this company to a friend

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