AllianceBernstein Reviews | Glassdoor

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AllianceBernstein Reviews

Updated February 15, 2018
430 reviews

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3.4
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Approve of CEO
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Seth Bernstein
3 Ratings

430 Employee Reviews

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Pros
Cons
  • To get ahead you need to give up on work life balance (in 11 reviews)

  • Senior management continues to let the advisors run wild and do whatever they please (in 20 reviews)

More Pros and Cons

  1. "Love working at AB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in White Plains, NY
    Current Employee - Anonymous Employee in White Plains, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at AllianceBernstein full-time (More than 10 years)

    Pros

    Culture, people is the primary reason i love to go to work every day. Just like i love to come back home to my family, it is like my working hour time family.

    Cons

    Not sure haven't seen any but will update once i see any cons out of the norm with any company.


  2. "VP"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    New CEO seems to be more personable and open to feedback. Performance is on the rise along with the stock. Colleagues are easy to work with in general.

    Cons

    Old CEO just stole the golden parachute. Experience is not appreciated. Look elsewhere if you have more than 7yrs experience.

  3. "Internal Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Internal Sales Consultant in New York, NY
    Former Employee - Internal Sales Consultant in New York, NY

    I worked at AllianceBernstein full-time (More than a year)

    Pros

    Good salary, great learning and experience

    Cons

    Not easy to move jobs within firm


  4. "Decent company overall"

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

    I worked at AllianceBernstein full-time

    Pros

    Location, heart of midtown - nice building that overlooks Central Park
    Great to build experience in the industry

    Cons

    Limited upward movement
    Can be very political
    Small salary increases


  5. "AB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    No opinion of CEO

    I have been working at AllianceBernstein full-time (More than 8 years)

    Pros

    Generally good people
    Decent work life balance

    Cons

    Disconnected management
    Group think
    Some unmotivated team members


  6. "Quantitative Analyst"

    StarStarStarStarStar
    Current Employee - Quantitative Analyst
    Current Employee - Quantitative Analyst

    I have been working at AllianceBernstein full-time (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


  7. "Internal Retail Desk - Run as far away as possible!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    I worked at AllianceBernstein full-time

    Pros

    Nice people, great location

    Cons

    Horrendous Management who are not concerned with anything but their own careers. Horrible morale, desk is run more like a call center rather then an Internal Desk. Little to no career advancement.

  8. "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at AllianceBernstein full-time

    Pros

    Caring management and strong training programs

    Cons

    Low pay, little growth, easy to get stuck

    Advice to Management

    Consider to restructure pay, it is widely known that it is over 20% lower than competitor salary


  9. "Senior PCA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AllianceBernstein full-time (More than 8 years)

    Pros

    Great Training and Development. True Meritocracy

    Cons

    Difficulty to move up beyond Senior PCA in regional offices unless you're willing to move to NYC.


  10. "Be careful who you work for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at AllianceBernstein full-time

    Pros

    Brightest investment professionals and research analysts
    Strong sales culture and compensation for success

    Cons

    Private Client sales leadership talent and skill set varies greatly, be clear as to who you’ll work for and make sure you like their style (probably good advice for any job!)

    Advice to Management

    Be as aggressive in meritocracy in regards to management comp and culling the leadership ranks as you are in the lower levels of FAs and associates. A strong sales person as an individual contributor often lacks the qualities and skills necessary to make a strong team leader of other sales professionals


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