AllianceBernstein Reviews in San Antonio, TX | Glassdoor

AllianceBernstein San Antonio Reviews

Updated February 21, 2017
17 reviews

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San Antonio, TX Area

2.9
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AllianceBernstein Chairman and CEO Peter S. Kraus
Peter S. Kraus
7 Ratings

17 Employee Reviews

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Pros
  • Opportunity for cross training and suitable work/life balance (in 38 reviews)

  • Very smart people who know what they're talking about (in 23 reviews)

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

  • Quality of work life balance can depend on the particular advisor your are working with (in 9 reviews)

More Pros and Cons

  1. Helpful (1)

    "They want longevity but dont want to pay staff"

    Star Star Star Star Star
    Former Employee - International Financial Control Associate in San Antonio, TX
    Former Employee - International Financial Control Associate in San Antonio, TX

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

    Pros

    Easy going place, Management easy to talk to. Nice environment.

    Cons

    They dont want to pay staff, they want staff to stick around for years but dont want to compensate them.

    Advice to Management

    Pay more then your staff will stay


  2. "Security Reference Management Associate"

    Star Star Star Star Star
    Former Employee - Security Reference Management Associate in San Antonio, TX
    Former Employee - Security Reference Management Associate in San Antonio, TX

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

    Pros

    The Pantry with food and drinks. Having AB on your resume looks decent. They had some decent learning tools.

    Cons

    Low pay for someone with a bachelors degree. I wouldn't waste your time applying unless you are desperate. With the amount of Fortune 500 companies we have in San Antonio (USAA,Valreo,Tesoro,Oracle) you can get payed a lot more with a bachelors degree. When you are interviewing (you get interviewd by 3 to 5 people which is crazy to me) they will try to sell you on what a great opportunity it is and the amount you will learn and grow. It's not true. It's a gloomy place with a lot of unhappy people. It's just operations so there's not a lot to learn from as far as Finance goes. The systems are painfully old, slow, and worthless. The benefits aren't that great either. There was very high turnover rate in the department I was in (about 5-7 people left in a 2 month span) so that tells you how bad it was.

    Advice to Management

    I mean I get that the San Antonio office is mainly operations but as far as compensation goes you're gonna lose a lot of employees to the other companies here in SA for similar operational jobs.


  3. "Client Service Specialists"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Specialist in San Antonio, TX
    Former Employee - Client Service Specialist in San Antonio, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at AllianceBernstein full-time

    Pros

    Great Company!! But looking for new opportunities and challenges.

    Cons

    Opportunities for growth was limited in the organization.


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  5. Helpful (1)

    "Great place to start"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Antonio, TX
    Current Employee - Anonymous Employee in San Antonio, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    AB has a lot of talent, a lot of opportunity for entry-level finance, and several lateral opportunities.

    Cons

    AB does not have a structured environment when it comes to career development and a lack of upward mobility


  6. Helpful (10)

    "AVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in San Antonio, TX
    Current Employee - Anonymous Employee in San Antonio, TX
    Doesn't Recommend
    Negative Outlook

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

    Pros

    Very few right now, with loss upcoming loss of CBF.

    Cons

    Lackluster management, often say hurtful things about employees when they think no one is listening. Not family friendly. Will soon be closing San Antonio office but are keeping employees in the dark, to keep staff for the upcoming move of CBF to Ascensus.

    Advice to Management

    Tell employees the truth,so they can plan.


  7. "IT Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - IT Consultant in San Antonio, TX
    Former Contractor - IT Consultant in San Antonio, TX
    Recommends
    Positive Outlook

    I worked at AllianceBernstein as a contractor (More than 3 years)

    Pros

    Very friendly environment, I really enjoyed being around my coworkers. Work events were always fun and exciting. Free food and drinks in the pantry made you feel the company cares about it's employees.

    Cons

    Some of the cutbacks made things a little awkward. Management was constantly shifting.


  8. Helpful (1)

    "Pension clients record keeping"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Team Leader in San Antonio, TX
    Former Employee - Team Leader in San Antonio, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AllianceBernstein (Less than a year)

    Pros

    Good pantry for employees to have breakfast, lunch & snacks.

    Cons

    When it comes to salary and bonus, only people in management level enjoys a good incentives. Employees are not relevant therefore, there's a huge rate of turnovers.

    Advice to Management

    Start treating employees with some dignity and make salary competitive with the current market


  9. Helpful (1)

    "Desktop support technician"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Desktop Support Specialist in San Antonio, TX
    Former Employee - Desktop Support Specialist in San Antonio, TX
    Doesn't Recommend

    I worked at AllianceBernstein (Less than a year)

    Pros

    none in my opinion, would not work with them again

    Cons

    hired me on as full time but was "laid off' 6 months later after doing their work they didn't want to deal with. never given the opportunity to learn company specifics and then was told I wasn't doing my job....

    Advice to Management

    train your new people and don't hire for temp position without informing the employee.


  10. Helpful (1)

    "Dedicated Contact Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Dedicated Contact Analyst in Castroville, TX
    Current Employee - Dedicated Contact Analyst in Castroville, TX
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Opportunity for growth.
    Good Management.
    Small company.

    Cons

    San Antonio only has operations.
    Low pay.


  11. Helpful (2)

    "Pay is not great, but there are opportunities to grow"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Officer in San Antonio, TX
    Current Employee - Associate Officer in San Antonio, TX
    Recommends
    Positive Outlook

    I have been working at AllianceBernstein full-time (More than 3 years)

    Pros

    Industry knowledge is developed because associates must typically possess or develop a broad range of knowledge for their particular position
    Culture is a bit more laid back than other mutual fund companies
    Have regular interactions with many individuals in upper levels of management

    Cons

    Pay (Base pay, bonuses, and merit increases)
    Perpetually understaffed
    Expectations seem to be inconsistent between offices

    Advice to Management

    Staff at levels to allow for vacations and bench strength. Make people feel valued by investing in them.



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