AQR Capital Management Reviews

Updated May 12, 2021

To filter reviews, or .
3.8
65%
Recommend to a Friend
70%
Approve of CEO
AQR Capital Management Founding & Managing Principal Cliff Asness, Ph.D. (no image)
Cliff Asness, Ph.D.
77 Ratings
Pros
  • "Free lunch, convenient location for CT residents(in 12 reviews)

  • "good work - life balance possible(in 10 reviews)

  • Cons
  • "Work life balance could be better (although it is great for finance)(in 9 reviews)

  • "Bad location, sometimes long hours(in 7 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee

      Great company to work for

      Apr 15, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great lifestyle, plenty of learning opportunities

      Cons

      Nothing comes to mind for now

      Be the first to find this review helpful
    2. 2.0
      Former Employee, more than 5 years

      Not a good place for developers

      May 12, 2021 - Software Engineer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      I enjoyed the open and collaborative culture, especially now that I work somewhere that is much more “everyone for himself.” I got the impression that the people in charge truly cared about the average employee’s quality of life. There were interesting talks and learning series, and free breakfast, the quality of which declined over time. The work-life balance was great, but that, and everything else, started to go downhill once performance declined.

      Cons

      Compensation doesn’t even come close to market. Ancient codebase riddled with technical debt. The firm is clearly trying to outsource as much tech talent as possible. Senior leadership lacks an understanding of the importance of technology. There are some long-tenured, powerful people on the research/portfolio management side who do their best to stifle all change that threatens their turf. This, more than anything else, is what makes AQR a bad choice for developers.

      Continue reading
      Be the first to find this review helpful
    3. 1.0
      Former Employee, more than 5 years

      Avoid, Avoid, Avoid

      Apr 27, 2021 - Software Developer in Greenwich, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good medical benefits. Meals provided. They give you a coffee mug and a fleece. Hey, at least you won't be there long.

      Cons

      Politics are rampant. Communication between layers of management (vertically or horizontally) is non-existent, by apparent design. Hiring into new roles will always happen before internal promotion. Career advancement is minimal. Man it is damn gloomy. Firm keeps surprising itself and suddenly finding the need for massive cost-cutting. Not one person takes the CEO seriously.

      Continue reading
      6 people found this review helpful
    4. 3.0
      Current Employee, less than 1 year

      Good company

      May 7, 2021 - SSE- Development in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Decent salary and meal at office

      Cons

      Higher workload and difficult timings

      Be the first to find this review helpful
    5. 2.0
      Current Employee

      Too slow to adjust to the new landscape

      Mar 27, 2021 - Research Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good academic culture; generally collaborative

      Cons

      Too much smart beta exposures at the firm level; outsized influence from few senior leadership who are no longer involved in day-to-day research

      Continue reading
      6 people found this review helpful
    6. 3.0
      Former Employee

      Decent place to work

      Apr 7, 2021 - Mixed Bag 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good name and some smart people

      Cons

      Not as much interest in learning as preached

      Be the first to find this review helpful
    7. 5.0
      Former Employee

      Great work culture

      Mar 2, 2021 - Quantitative Researcher 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great place for learning. Very collaborative and academic environment.

      Cons

      Compensation upside can be limited

      Be the first to find this review helpful
    8. 5.0
      Former Employee, more than 10 years

      Great company to work for, the people and the culture are top notch

      Feb 12, 2021 - Project Management in Greenwich, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great collaborative environment, ability to contribute at every level, great work / life balance

      Cons

      No cons to share at this time

      Be the first to find this review helpful
    9. 1.0
      Former Employee, more than 1 year

      Company has too many issues for me to even list

      Aug 25, 2020 - Quantitative Researcher in Greenwich, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Some smart talent working here - Less competitive than some firms - Good name on resume (might change soon though) - Some interesting Quanta lectures

      Cons

      - "Fake quantitative firm!" Has a bunch of Econ/Finance people running a "quant firm" instead of having more quantitative people, and they often don't know what they are doing. - Commute wastes so much time for employees. We get that you want to pay less taxes but at the expense of making a large proportion of your employees commute and waste time. - Nepotistic hiring and marketing specifically to the alma maters of the Principals - Terrible tech (clusters often break with just 1 TB of data). The response is to blame the researchers for this rather than increase the capacity of the cluster or switch to AWS - Tech hiring standards are lower than that of FAANG (rarely true at a top tier hedge fund) - A lot of kissing up to upper management including incompetent upper management, which is quite common. People will stay until their manager leaves "to save face," and that deincentivizes working hard and efficiently. - Compensation is far worse than that of traditional competitors - Stubborn about their traditional ways and refuses to innovate - AUM has dropped over 30% since I worked there - Poor data (wastes serious time)

      Continue reading
      27 people found this review helpful
    10. 5.0
      Former Employee, more than 1 year

      Great place to work

      Jan 29, 2021 - Associate in Greenwich, CT
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Culture, People, Volunteering, Work/Life balance

      Cons

      There really aren't many - every company/role has it's downside and even though I was laid off as part of downsizing, I still think of them in the highest regard

      1 person found this review helpful
    Viewing 1 - 10 of 132 Reviews

    Popular Careers with AQR Capital Management Job Seekers

    Quantitative Researcher
    Learn About the Job
    JobsSalariesInterviews
    Business Development Analyst
    Learn About the Job
    Quantitative Research Analyst
    Learn About the Job

    Work at AQR Capital Management? Share Your Experiences

    AQR Capital Management logo
    or