AllianceBernstein Quantitative Analyst Reviews | Glassdoor

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AllianceBernstein Quantitative Analyst Reviews

Updated Dec 28, 2017

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Found 5 reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
89%
Recommend to a Friend
Seth Bernstein
0 Ratings
  1. Helpful (2)

    "AllianceBernstein: putting clients first, treating employees with respect, and carrying out thoughtful, quality research"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Vice President, Quantitative Analyst in New York, NY
    Recommends
    No opinion of CEO

    I have been working at AllianceBernstein

    Pros

    AB generally respects its employees, with reasonable and regular working hours (40 or so hours a week, even in research) and an attitude of forbearance and calm, dignified leadership. There is even a feeling of camaraderie that makes it easy to work with new people and unite towards a common purpose. People work hard but without cutthroat competitiveness or a zero-sum-game attitude. The new leadership under CEO Peter...

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    Cons

    The company is publicly traded, which can mean severe layoffs when performance is poor relative to peers (such as in 2008). The company's core business is managing assets to a long-only value equities platform, which is particularly vulnerable to market downturns such as 2008's. This can put severe downward pressure on compensation, especially since the firm caps base salaries at $200,000. The firm has its share of stifling...

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    Advice to Management

    Management must work quickly to reduce the firm's systematic exposure to equity markets so that human capital, which is the firm's true asset, is not devastated the next time a severe market downturn kills long-only value equities strategies. Given the hundreds of billions of dollars the firm manages, management should use the firm's clout to lead the industry to develop innovative new business models, improving client...

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    AllianceBernstein2010-07-09
  2. "Quantitative Analyst"

    StarStarStarStarStar
      Current Employee - Quantitative Analyst 

      I have been working at AllianceBernstein full-time for more than 5 years

      Pros

      Very good work life balance

      Cons

      Well-known underpay for most of the employees

      Advice to Management

      Increase the compensation, especially for the employees in their early career stage

      AllianceBernstein2017-12-28
    • "Quantitative Analyst"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Quantitative Analyst in New York, NY
      Recommends
      Neutral Outlook
      No opinion of CEO

      I worked at AllianceBernstein full-time for more than a year

      Pros

      Flat structure, friendly culture, helpful coworkers

      Cons

      focus more on traditional business, would be better to innovate more and invest more in new directions

      AllianceBernstein2017-08-07
    • Helpful (1)

      "Not what it used to be"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Quantitative Analyst in New York, NY
      Doesn't Recommend
      Disapproves of CEO

      I worked at AllianceBernstein

      Pros

      Great cafeteria, good benefits, some pockets of extremely bright and collaborative people, especially the (dwingling number of) long-time folks who understand the company history and care deeply about the organization and clients.

      Cons

      Sadly, the company is simply not what it once was in large part due to the departure - some voluntary but often not - of tenured staff. The prior collaborative environment, most similar to academia in terms of intellectual curiosity and drive for well thought-out decisions to serve the clients best, has been subsumed by individual competitive drive to (1) keep one's own job and (2) sell products that seem to be popular,...

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      Advice to Management

      Very few real messages filter down from top leadership and what does smells like propaganda. Employees feel left in the dark, with little understanding of the reasons behind decisions and certainly no input in decision making, even within one's immediate group.

      AllianceBernstein2012-03-14
    • Helpful (2)

      "Easy hours, promotions mostly political, not much career growth, below market pay, nice office environment, smart people"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Quantitative Analyst in New York, NY
      Doesn't Recommend
      Disapproves of CEO

      I have been working at AllianceBernstein

      Pros

      * Easy hours * Nice offices * People are are nice to one another and respectful * Fancy cafeteria * Organization rather flat compared to sell side banks

      Cons

      * Below market pay * No pay increase and very limited bonuses in recent years, company under pressure to continue to cut cost * No growth for junior people unless come back from B-School * Promotion mostly political * Management conservative on implementing new strategies and just watch asset bleed * Too many old guards occupying top level posts and no upward mobility for talented younger people * After 2 years...

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      Advice to Management

      * Cutting cost and laying off people won't revive the franchise, the way out is to have an investor's view to drive the company * Sanford Bernstein's research excellence does not flow into portfolio investment process, too many blockades in the way

      AllianceBernstein2011-11-02
    Found 5 reviews