AllianceBernstein Reviews | Glassdoor

AllianceBernstein Reviews

Updated August 10, 2018
463 reviews

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3.5
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Seth Bernstein
14 Ratings

463 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 should address this rather than turning a blind eye" (in 21 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "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. "Great Culture"

    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 a year)

    Pros

    Treated very fairly
    Nice benefits
    Room to move up in the organization
    Very approachable, horizontal management chain
    Very ethical to clients and employees

    Cons

    Might have to work some long hours

  3. "Analyst"

    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

    Pros

    Collaborative culture where people value hard work

    Cons

    Subject to the vagaries of the stock market


  4. "Overall a great place to learn"

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

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

    Pros

    great at analytical and thoughtful approach

    Cons

    cultures differ from team by team


  5. Helpful (6)

    "Good luck if you are brown!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in New York, NY
    Current Employee - Project Manager in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at AllianceBernstein full-time (Less than a year)

    Pros

    Pay is good, cafeteria is nice, benefits are decent, the software and online programs they use are helpful to do things paperless

    Cons

    VP and above are 95% white, and I can say this having visited many of the offices nationwide. As an employee who was overqualified for my position, they have held me down in an extremely siloed environment. If you do anything to help out that isn't in your job description, you are castigated and shamed instead of praised. If you like to stay in your lane, and play the game while quietly getting paid for doing nothing, this is the place for you.

    Advice to Management

    Get rid of the VPs that are not open to new ideas because they have been here forever and are only working to protect their jobs. This will all change when they move to Nashville and get rid of all this dead weight.


  6. "good work life balance, nice people"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at AllianceBernstein full-time

    Pros

    good work life balance, nice people

    Cons

    compensation, no a lot of perks


  7. Helpful (3)

    "Underpaid, under appreciated and over worked. You will only succeed if you play office politics"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Client Associate in New York, NY
    Former Employee - Private Client Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Training. If you’re right out of college and don’t know anything about the industry, Bernstein is a good place to get a “prestigious” firm name on your resume and to get licensed.

    Cons

    Underpaid, compensation is about 20k below street value, overworked, turnover. The turnover is so high due to being mistreated and underpaid. No one wants to work over 80 hour weeks and receive only 60-70k a year in NYC. Other firms for the same exact role offer a 80-100k salary plus a minimum bonus of 25%-1x salary. Why would anyone want to work at Bernstein? Management creates hostile work environments. If they don’t like you, be prepared that they will find everything and anything wrong with you. I saw several employees harassed for taking a lunch or going to a doctors appointment.

    Advice to Management

    Compensate your workers, stop taking the bonuses just for yourselves. Appreciate your employees by compensating them and actually giving feedback and developing them. Versus giving negative feedback and literally driving employees out. Stop creating favorites and only allowing certain employees to be recognized as others are working just as hard.

  8. Helpful (5)

    "Senior quant"

    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

    Reasonable compensation, nice cafeteria, nice office location and views

    Cons

    It's a swamp. Everything is decided by politics. Team managers are concentrated exclusively on building their empires. The way to get promoted is to sit quietly doing nothing and not contradicting anyone


  9. Helpful (1)

    "Anonymous"

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

    I have been working at AllianceBernstein full-time

    Pros

    Great people
    Managers are knowledgeable and willing to teach
    Relaxed atmosphere
    Great place to start your career

    Cons

    Pay is way below market value
    There is too much beuracracy for promotion

    Advice to Management

    Employee contribution needs to be valued more.


  10. Helpful (1)

    "Associate Software Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Software Developer in New York, NY
    Current Employee - Associate Software Developer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AllianceBernstein full-time (More than a year)

    Pros

    Great company culture and nice people. I'm in a 2 year rotational program where I get to work in different teams every 6 months. Great learning experience and many fun events with group activities.

    Cons

    Company is relocating to Nashville and its difficult for many employees to move there.


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