AQR Capital Management Reviews

Updated Apr 21, 2020

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3.5
69%
Recommend to a Friend
75%
Approve of CEO
AQR Capital Management Founding & Managing Principal Cliff Asness, Ph.D. (no image)
Cliff Asness, Ph.D.
63 Ratings
Pros
Cons
More Pros and Cons
  1. Featured Review
    Helpful (3)

    "Exceptional Company"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Current Employee in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AQR Capital Management full-time for more than 3 years

    Pros

    - Some of the smartest and kindest people you will ever work for/with in your career. - Always something to learn @ AQR, and always someone willing to teach it to you. - Opportunities for career advancement - strong internal mobility - Strong focus on clients and its fiduciary duties. - Collaborative environment

    Cons

    - Commute to NYC, but you get used to it and make good use of the time on the train.

    Continue reading
    AQR Capital Management2019-08-11
  2. "VP"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AQR Capital Management

    Pros

    Positive atmosphere, great people, collaboration encouraged, constructive feedback provided, free snacks, coffee, lunch/dinner, flexible schedule, lots of PTO and amazing benefits.

    Cons

    None to note, great place to work.

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    AQR Capital Management2020-02-21
  3. Helpful (9)

    "Great benefits, but with serious drawbacks"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in Greenwich, CT
    Negative Outlook
    Approves of CEO

    I worked at AQR Capital Management full-time

    Pros

    - Benefits and pay are very generous, hard to beat - One of the most respected names in finance - Close interaction with senior mgmt, some teams have excellent mgmt - Free breakfast, lunch, dinner, cell phone and gym reimbursement, other perks

    Cons

    - Many demoralizing teams and managers, lots of internal politics, not a surprise there is an extremely high turnover rate - Culture has suffered heavily in recent years - Internal systems are outdated, though improving - Lack of work-life balance depending on team - Roles aren't initially made clear to many, leads to higher turnover and other problems, make sure you know what you're signing up for

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    AQR Capital Management2020-04-16
  4. Helpful (4)

    "Smart people but challenging culture"

    3.0
    Former Employee - Business Development Analyst in Greenwich, CT

    I worked at AQR Capital Management full-time

    Pros

    -Interesting products -Brillant people -Great technology -Lots of training

    Cons

    Toxic culture and difficult managers Little career trajectory options

    AQR Capital Management2020-04-22
  5. Helpful (8)

    "Mixed Bag"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greenwich, CT
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at AQR Capital Management full-time

    Pros

    Good perks (minus location), great name on resume. Extremely talented, intelligent, and ambitious younger colleagues--AQR tends to hire the cream of the crop from undergraduate / masters degrees. People are chill and usually very friendly. You will learn a lot if this is your first job in Finance.

    Cons

    AQR is a glorified Fidelity that hires over qualified "researchers" to perform mindless tasks. Although it depends on the team, most researchers are given very little incentive to actually make the funds better--this is in large part due to the massive egos of many of the researchers. Serious research is immediately dismissed as "data-mined." The only valid research is published research, which by the time of publication, is already arbitraged by faster firms. The day to day instead involves data checking, approvals, etc. It's extremely disappointing. Don't take the job description seriously. This pivot has been driven by greedy principals who quickly learned that they could rent seek off of a brand name.

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    AQR Capital Management2020-04-08
  6. Helpful (18)

    "Lean back and observe the free fall"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Portfolio Management in Greenwich, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at AQR Capital Management full-time for more than 3 years

    Pros

    Where should I start: - You will have a chance to master Python and Data Cleansing, under the pretense of portfolio management and research - If you work in HR you will master the art of leaving fake reviews online on how 'great' this place is (sadly, this has been happening the past few months) - You will enjoy super low-quality breakfasts, and a $10-capped lunch per day so you will appreciate eating 'healthy' elsewhere - The brand name brings some heft to your resume, although perhaps not for too long given that people are starting to see the real colors shine through - If you are desperate for sponsorship (H1B or Greencard) they will do that for you, at the expense of offering you a salary way below the market average

    Cons

    This firm would make a great subject for a white paper on how to: - Run your business to ground by wasting time on 'Tweeter' picking fight with investors, vendors, etc - Ignore (encouraging?!) juvenile highschool-level politics across your firm and successfully kill the moral of low and mid-level employees, creating a revolving door - Not pay attention to the basics of organizational structure, shuffle employees around with no clear logic, and add or eliminate positions for absolutely no reason - Boil the ocean and reinvent the wheel hence waste money because you know it all, and know it better than anyone else - Promote people only if you personally like them, or they come from certain schools, or they openly praise you and the 'outstanding' job you are doing I would not bother leaving a review but I could no longer ignore how the non-sophisticated investors AND junior job seekers are being mislead to belileve AQR is a great successful money manager. This is all propaganda: AQR is a sinking ship.

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    AQR Capital Management2020-04-21
  7. Helpful (20)

    "Regrettable. Lost a piece of myself. Burnt out."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Greenwich, CT
    Negative Outlook
    Disapproves of CEO

    I worked at AQR Capital Management full-time

    Pros

    Joke of a breakfast unless you live for bagels. Bad lunch options capped at $10 unless you love Chinese soup.

    Cons

    No career growth. No technical growth. Low comp. Incompetent conservative managers. Toxic, political environment. Blame culture, hypocritical. Long hours. Bad location. Low morale. No motivation. No sense of community - no one really talks to each other. Fake small talks. No interesting work. Micromanagement. No transparent promo path. Dreaded waking up each morning. Grateful it was not my first job to know this isn't normal working environment.

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    AQR Capital Management2020-03-31
  8. "Good company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President Operations in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AQR Capital Management full-time for more than 8 years

    Pros

    Good people, good working environment

    Cons

    None come to mind right now.

    AQR Capital Management2020-02-23
  9. "Positive Culture - Dynamic Learning Environment - Evolve to the Next Level!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President in Greenwich, CT
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AQR Capital Management full-time for more than 10 years

    Pros

    - Positive, dynamic culture working among the most talented and brilliant in the industry - Exceptional learning and collaborative environment - Opportunities for growth and development at every level - Excellent compensation and benefits - well above industry standard - Work/Life Balance highly encouraged - AQR Management perseveres through adversity with patience, optimism, humbleness, and transparency. The confidence, trust, and belief in their people and products sustains the Firm's commitment to excellence with integrity and authenticity in providing a world-class environment for their employees year after year since day one.

    Cons

    Potential weight gain = con - from all the FREE breakfast, lunch, dinner, and snacks. However, AQR provides a monthly gym membership allowance = PRO!!!

    AQR Capital Management2020-02-11
  10. "Excellent Culture, People and Perks"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Approves of CEO

    I have been working at AQR Capital Management full-time

    Pros

    - Perks are great - free lunch, 100% coverage on health benefits, packed pantry with snacks and drinks - People genuinely care about each other - managers / founders invest in personal and professional development (Quanta) - positive culture that encourages innovation and creativity - surrounded by highly intelligent people who take the time to teach others

    Cons

    - not much to note, commute to/from NYC

    AQR Capital Management2020-02-07
Found 98 reviews