Wilshire Associates Reviews

Updated April 16, 2015
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2.2
36 Reviews
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Wilshire Associates CEO and Chairman of the Board Dennis A. Tito
Dennis A. Tito
24 Ratings

Employee Reviews

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  1. Analyst

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

    I worked at Wilshire Associates full-time (more than a year)

    Recommends
    Neutral Outlook
    Disapproves of CEO
    Recommends
    Neutral Outlook
    Disapproves of CEO

    Pros

    Great way to get into the Investment Management industry and get your feet wet

    Cons

    No motivation on getting ahead, most of the analyst and associate leave as there is slow promotion and lower than market salary. Majority of money is made by upper management.

    Advice to Management

    Build a training program for analyst and improve your salaries. Also, Dennis Titto needs to retire.

  2. Helpful (4)

    Wilshire Associates -- beware

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

    I worked at Wilshire Associates full-time

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Compensation is good; above average for senior employees. Location is exceptional.

    Cons

    Employees are offered ownership fairly based upon merit, but ownership -- even collectively -- has no absolutely no power against the majority ownership of one of the founders.

    Advice to Management

    This business is managed for the benefit of the one remaining founder. That founder over the last 10 years has siphoned off between 15% and 20% of each dollar earned by the firm. Lack of strategic and effective capital investment in the firm will lead to its demise.

  3. Helpful (4)

    Wilshire is broken

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

    I have been working at Wilshire Associates

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice view, good restaurants nearby

    Cons

    As the title implies, Wilshire has problems. Years of underinvestment in the company combined with mismanagement are now impacting the company. The majority owner pays himself a huge payout from profits, but refuses to invest any money in the business. The company is no longer competitive and has become a second rate firm. The employees know it, look at the recent turnover. Over the past two years 3 of the 4 division heads have all left. About 15 senior level people from consulting have left in that timeframe. Employees are running away in droves.

    The culture of the place is amateurish. In consulting management has caused factions of people who clash and don't respect one another. The best way to get ahead here is to kiss up and be a yes person. If you do, you'll get treated well, no matter how little you do. If not, you will never get ahead. And all the people here care about is how much money they make.

    The benefits here are nonexistent. No 401k match, no pension, and high cost health care.

    If you are thinking about working here, reconsider

    Advice to Management

    Start investing in the company and replace management with outsiders who think differently.

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  5. okay, not great

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

    I have been working at Wilshire Associates

    Pros

    location, can be laid back

    Cons

    a lot of down time, pay for parking

  6. Helpful (6)

    Don't waste your time and career here. There are better places to work.

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

    I worked at Wilshire Associates

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There are none at this point.

    Cons

    -Lack of investment in the business over many years has now caused each division to fall behind their competitiors and lose clout in the industry
    -Business leaders lack leadership skills and integrity
    -Corporate culture is terrible. Its a "me-first" place.
    -Businesses all compete against each other rather than work together.
    -Very high level of employee turnover. Most employees that are there are unhappy but waiting around for the company to be sold.
    -Low level of benefits. Expensive healthcare coverage. No 401k match

  7. Helpful (4)

    Everything can be attributed to management

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

    I worked at Wilshire Associates full-time

    Recommends
    Negative Outlook
    Disapproves of CEO
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    great view
    a lot options for lunch
    I am pretty lucky. The people I work for are great! Resourceful!
    If you just got out of collage, it is a good place to learn, either knowledge, market or office political.

    Cons

    the operational system is out of age. It was developed by a bunch of talent PHDs with ideal expectation but without financial, at least practical financial experience, 20 or more years ago. And after that, they left, due to various reasons. And until now, people are still trying to make sense of the system and models.

    Huge management change in 2014.

    it seem you will get promoted as long as you stay long enough. And that seems like the only way.

    When some manager makes a joke on you, be careful, it is likely that that person is actually mad at you.

    Over Work is normal for the team I worked.

    Advice to Management

    Just sell the company.

  8. Great Place to Start

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Los Angeles, CA
    Current Employee - Analyst in Los Angeles, CA

    I have been working at Wilshire Associates

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Work Life Balance
    People are nice

    Cons

    Maybe too relaxed for ambitious people

    Advice to Management

    Make it more challenging

  9. Helpful (1)

    Working Here Is Frustrating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President in Santa Monica, CA
    Current Employee - Vice President in Santa Monica, CA

    I have been working at Wilshire Associates full-time (more than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    If you want a job, but do not want to be stressed out, this is a good place to work. If you can fake it, you can make it.

    Cons

    If you work hard, do you job, and create valuable products, you may not be recognized for your efforts.

    Advice to Management

    Treat your employees like you want to be treated.

  10. Helpful (7)

    Organizational Cancer

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - The Only Sane Person in Santa Monica, CA
    Former Employee - The Only Sane Person in Santa Monica, CA

    I worked at Wilshire Associates

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    I was once employed there and tried to rally the troops for a few years

    Cons

    My heart goes out to Wilshire clients that must deal with the side effects of ill management, childish political infighting, zero product innovation, terrible service, and insane management. It is not uncommon for Wilshire's entire technology infrastructure to be down for 3-4 business days. That means the few remaining clients can't do their jobs appropriately. 100% unacceptable in this day and age. Wilshire is a very troubled and toxic place for all involved.

    Advice to Management

    None of you would survive at any other organization with the way you have been ill-trained and poorly conditioned with fear. Your house will crumble very soon and you won't be suitable for gainful employment elsewhere. Don't ever come knocking on my doorstep when the world of finance passes you by.

  11. Helpful (1)

    Senior Associates

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

    I worked at Wilshire Associates full-time

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great location, good place to start and learn

    Cons

    Below market pay; not many chances of moving up.

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