Working at 40|86 Advisors | Glassdoor

40|86 Advisors Overview

Carmel, IN
51 to 200 employees
Unknown
Subsidiary or Business Segment
Investment Banking & Asset Management
$25 to $50 million (USD) per year
Unknown
40|86 Advisors, Inc., a wholly-owned subsidiary of CNO Financial Group, is a fixed income investment advisor with its roots in the Midwest. The firm manages over $26 billion in public corporate debt securities, taxable municipal bonds, emerging market securities, high yield ... Read more

Mission: 40|86's investment strategy enables the firm to consistently achieve solid performance in its fixed income portfolios by employing a disciplined portfolio structuring process; an intensive bottom-up security analysis that focuses on individual sectors and ... Read more

40|86 Advisors Reviews

2.1
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Eric R. Johnson
6 Ratings
  • Helpful (3)

    "I love working at 40|86 Advisors, the people are the best"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Carmel, IN
    Current Employee - Anonymous Employee in Carmel, IN
    Recommends

    Pros

    The culture is amazing-everyone works hard but is very friendly and collaborative
    Salary and benefits are very competitive
    Very flat organization-can walk into anyone's office anytime and they will stop to listen
    Good advancement opportunities
    No micromanaging-the focus is on results
    Flexibilty
    They have snacks for the whole company several times a weeks (pizza, wings, fruit and veggie trays, nuts, pastries, coffee, hot chocolate, etc.)

    Cons

    People get hung up on what the "norm" culturally should be and anything that falls outside that is wrong

    This can be a pro or a con depending on who you are but 40|86 isn't very structured, there aren't a lot of defined ways of doing things, specific trainings or red tape. I personally flourish in that type of environment but some people would prefer the structure.

    Advice to Management

    My advice to management is that they could communicate with employees at all levels. They do a good job at midyear and annual meetings but there are a lot of other things that come up throughout the year that could be communicated.

    If the expectations were better defined, it would be easier to hit goals

See All 13 Reviews

40|86 Advisors Interviews

Experience

Experience
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25%

Getting an Interview

Getting an Interview
100%

Difficulty

2.8
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  1.  

    Analyst Interview

    Anonymous Employee in Carmel, IN
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at 40|86 Advisors (Carmel, IN) in July 2013.

    Interview

    Began with a short phone screen from lone recruiter/HR manager at 40|86. Nice and informative, and was invited on the phone to speak with a senior analyst on the phone the next day.

    The second phone conversation was more informative than the first, still along the same lines of the first round, just simply walking through my resume, background, and cultural fit. One thing that was stressed was your PASSION FOR THE INVESTMENTS INDUSTRY.

    Invited for an on-site 3rd round, where I met with 4 team members of the group I was to join. All were very nice, easy going conversations. Simply walked through resume, requirements of job, and how I would fit into the culture. All are hard-working, dedicated, and intelligent people. Was invited for 4th and final round interview within the same week.

    I met with 4 individuals at a nice breakfast place near the office to have a nice meal and conversation discussing my background and the job. Seemed to be a very informal thing to assess how "human" and conversational you are--to make sure you are not an Excel robot. Then met with the president of the company. who is a great individual to speak with. Continued to meet with 3 others within the group, and whole process lasted about a half day or so.

    Was called roughly 4 hours later and offered the job, discussed salary and benefits on the phone. Was given 24 hours to accept/reject verbally.

    Was very happy with the quick -moving process, and the people I met with. Would recommend interviewing to all.

    Interview Questions

    • Tell me about asset management, what is NOI, and why is it important, what is a cap rate, etc.   1 Answer

    Negotiation

    Very VERY anti-salary negotiation. Competitive salary, bonus, and benefits, however, so worked out very well.

See All 4 Interviews

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