Wellington Management Reviews

Updated March 12, 2015
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3.7
100 Reviews
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Wellington Management President, CEO, and Managing Partner Perry Traquina
Perry Traquina
56 Ratings

Pros
  • genuine acceptance and encouragement of work/life balance from management; pre-2008 benefits plan (in 7 reviews)

  • great benefits, nice new offices, mostly friendly colleagues (in 6 reviews)

Cons
  • The concept of a work/life balance seems foreign to IT management (in 8 reviews)

  • long hours, tough work/life balance (in 9 reviews)

More Pros and Cons

Employee Reviews

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  1. Positive work culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Systems Engineer in Boston, MA
    Former Employee - Senior Systems Engineer in Boston, MA

    I worked at Wellington Management full-time (more than 3 years)

    Pros

    Good learning experience,lots of exposure to products

    Cons

    Everything is excellent no complaints at all.

    Advice to ManagementAdvice

    excellent

    Recommends
    Positive Outlook
    Approves of CEO
  2. Kind of Okayish place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Boston, MA
    Current Employee - Senior Software Engineer in Boston, MA

    I have been working at Wellington Management

    Pros

    Benefits are good specially the 401K thing

    Cons

    poor work and life balance

    Recommends
    Positive Outlook
  3. 2 people found this helpful

    Strong Pros and Cons Average Out to Mediocre

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Infrastructure Engineer in Marlborough, MA
    Former Employee - IT Infrastructure Engineer in Marlborough, MA

    I worked at Wellington Management

    Pros

    The pay is a little above market value.
    Excellent benefits.
    Excellent soft skills training is available to employees.
    This IT shop is very well-funded. You will work with the very best technology available to private enterprise. Work here for a few years and you will be more marketable.
    Beautiful office environment.
    Very high quality people everywhere.

    Cons

    Wellington treats IT talent like a formula one racing team treats tires - they only want the good ones, but burning them out is part of the game plan.
    Hours can be extreme and you will need to sacrifice many weekends. Hour-for-hour, the pay is only mediocre.
    Visibility in the office is necessary to advance, regardless of off hours on-call and "follow the sun" responsibilities.
    Employees are underpaid until they receive their annual bonus, which can lead to greedy and fearful behavior.
    The "Client Focus" cultural value means that intra-team trust and relationships are sometimes dodgy. There is little incentive for colleagues to stand up for each other.
    The "Client, Firm, Self" cultural value means that your family and marriage can be a liability. Without a strong team or regular contact with your family, the life of a Wellington employee can be lonely.
    If you decide to work here, negotiate aggressively for a high base before you sign. The base only increases slowly over time, and everything else like vacation, bonus, etc. can be taken away from you. Be willing to walk away from a good offer because you will need an excellent offer to make it worth your while.

    Advice to ManagementAdvice

    The Wellington cultural values are not implemented by IT in the same way they are explained by senior management during the HR orientation.
    Wellington's glassdoor rating has improved almost a point in the last few years, but I didn't see a big surge of employee satisfaction during this time.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5. Great place for a first time or second time coop

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Co-Op in Boston, MA
    Former Employee - Co-Op in Boston, MA

    I worked at Wellington Management

    Pros

    You work with a lot of smart people that understand the industry.

    Cons

    You are not challenged throughout all 6 months. The work can get extremely tedious and boring.

    Advice to ManagementAdvice

    Management gives good feedback and should keep it up.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 2 people found this helpful

    Great place to work for investors.

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

    I have been working at Wellington Management (more than a year)

    Pros

    The culture is very collaborative, people are usually willing to help you learn, and the work is interesting. Work/life balance is amazing for finance.

    Cons

    Sometimes it can take a while to advance, especially at the junior levels. People are not always completely open.

    Recommends
    Positive Outlook
  7. 1 person found this helpful

    good and bad

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Developer in Marlborough, MA
    Former Employee - Senior Developer in Marlborough, MA

    I worked at Wellington Management

    Pros

    Work pressure is relatively better.
    work life balance is good.

    Cons

    Clear cut differentiation between employees and consultants.
    Not very professional when communicating with consultants.

    Advice to ManagementAdvice

    you are dependent on consultants. respect them

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 9 people found this helpful

    Highly depends on what department you're in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst In GRG in Boston, MA
    Current Employee - Analyst In GRG in Boston, MA

    I have been working at Wellington Management full-time (more than 3 years)

    Pros

    OK salary
    Good benefits
    Strong name for the resume and is definitely seen as one of the better firms (relative to it's hulking neighbors State Street and Fidelity)
    Private nature of company makes it more stable and less likely to bend to public trends.
    People who have been at the company a long time are very nice - they really try to make the culture like it used to be.
    If you are an investor (portfolio manager, trader, research analyst, etc.) you are golden. Paid very well, partner track, work with some of the best in the world.

    Cons

    If you are not an investor (basically everyone who's not portfolio managment, trading, or investment research) then you're out of luck. They group most of these jobs into a division called GRG.
    Wellington's gone through a lot of change. As it's grown bigger, they've started losing their way for non-investor employees and the future doesn't look good.
    For example, client relationship teams (called CSAs, RAs, AMs, and RMs) are largely administrative positions. In the past, these use to be very competitve positions because they were for MBAs and/or CFAs. Now, these positions are mostly filled with ex-administrative assistants since the job requires almost no investment knowledge. Most of the relationship teams act as middlemen and don't provide nearly the same value as they did in the past. (i.e. they just email requests back and forth)
    Also, and this is kind of an unfortunate remnant of the old boys club of the investing world, Wellington is losing it's culture of being very kind and considerate. I've worked with many of the employees and I've noticed that the more tenured people who've been with the company back when it was small are SO nice and extremely smart. The new generation (of which I'm part of) are less considerate. I've seen many relationship team members act like they're god's gift to wellington and be rude and act on short tempers. This is surprising since it's usually the relationship teams that could, in all fairness, be re-orged to be 50% smaller with no noticeable change in value add. This is a big reason many of the best folks in GRG have left for other firms - they've seen their roles get watered down quite badly.

    Advice to ManagementAdvice

    Be careful of GRG. The company is growning and obviously won't be private forever. However, don't make the same mistake State Street made. Fight to keep the culture. Get rid of the bossy and rude employees who act like they work for Goldman. GRG is full of excess - too many unqualified people moving into the CSA and up roles. Slim down the relationship teams and bulk up the product managment side - that's where all value of Wellington is.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  9. 2 people found this helpful

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wellington Management full-time (more than 10 years)

    Pros

    WMC is a very well run company with good people.

    Cons

    Salaries were low and there was limited career advancement potential.

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
  10. Great place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wellington Management

    Pros

    Working with a group of dedicated and very talented people.

    Cons

    The environment can be a little intense sometimes. But that is given for an investment firm.

  11. 2 people found this helpful

    Quality Firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Equity Research Analyst in Boston, MA
    Current Employee - Equity Research Analyst in Boston, MA

    I have been working at Wellington Management full-time (more than 5 years)

    Pros

    Smart, talented people abound. Low turnover.

    Cons

    Low base salaries. Low turnover makes advancement slow.

    Advice to ManagementAdvice

    Actively manage the middle levels.

    Recommends
    Neutral Outlook

Wellington Management Photos

Lobby of the Boston HQ
Conference Room View
Workstations

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