Wellington Management

www.wellington.com

Wellington Management Reviews

Updated January 20, 2015
Updated January 20, 2015
96 Reviews
3.7
96 Reviews
Rating Trends

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Wellington Management President, CEO, and Managing Partner Perry Traquina
Perry Traquina
54 Ratings

Review Highlights

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 Highlights

Employee Reviews

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  1.  

    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
  2. 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
  3. 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
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person 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
  6.  

    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.

  7. 5 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
  8.  

    Great Company!

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

    I have been working at Wellington Management

    Pros

    Super intelligent, kind, collaborative people

    Cons

    Work/life balance can be challenging.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Great place to work

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

    I have been working at Wellington Management full-time (more than 10 years)

    Pros

    Wellington hires top notch talent and it shows when things go awry. Resiliency is amazing expecially in the IT world.

    Cons

    The bar is held high and you are constantly reaching for that level of excellence. Can be daunting.

    Advice to ManagementAdvice

    Open the door for introverts as well as extroverts. Recent presentation talks to that issue.

    Recommends
    Positive Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Without a doubt, one of the best run companies in Boston

    • 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 5 years)

    Pros

    Everyone is bright, capable and dedicated. Wellington's client focus is world class. Benefits and compensation package one of the best around if not the best. Best investors in the industry. Privately owned helps manage year to year flow.

    Cons

    No work life balance. You are expected to work whenever the need comes up. Partners are consistently bringing in excessive compensation while budgets are kept razor thin. Promotions are hard to come by. If you are not an investor you are a second class citizen.

    Advice to ManagementAdvice

    Value your employees more

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Marketing

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

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

    Pros

    Culture is supportive for work/life balance but can depend upon individual manager.

    Cons

    Some managers continue with outdated "who works the longest hours" mentality. Also can fail to share information that would make the group more efficient and productive.

Wellington Management Photos

Lobby of the Boston HQ
Conference Room View
Workstations

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