AllianceBernstein Senior Associate Reviews | Glassdoor

AllianceBernstein Senior Associate Reviews

Updated Apr 24, 2019

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Found 10 reviews

2.1
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Seth Bernstein
0 Ratings
  1. "Senior Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate in Chicago, IL
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at AllianceBernstein full-time for more than 3 years

    Pros

    Great work environment and senior management.

    Cons

    Junior level support does not work hard.

    Advice to Management

    Demand a higher quality of work from the junior analysts.

    AllianceBernstein2016-06-18
  2. Helpful (1)

    "Worked to the bone"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Associate 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at AllianceBernstein full-time for more than 3 years

    Pros

    Smaller company with decent technology.

    Cons

    Revolving door job. Most associates last only a couple years because of how hard they work you for little pay and no incentive cut-in from advisor production.

    Advice to Management

    Pay people better and they will stay. Otherwise keep paying a ton of money to train new people only for them to leave a year or 2 later.

    AllianceBernstein2019-04-24
  3. Helpful (2)

    "Great learning opportunity, but get ready to work hard for less than you will make elsewhere"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Private Client Associate 
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at AllianceBernstein

    Pros

    Great to work with smart, driven people who also know when to step back from the desk and have some fun.

    Cons

    Regional offices have less growth opportunities. An average work day is 10-12 hours, and busy times can have longer hours and weekend work.

    AllianceBernstein2015-10-20
  4. "Current Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at AllianceBernstein full-time for more than a year

    Pros

    The cafeteria has a decent selection for both breakfast and lunch. The sushi options are excellent.

    Cons

    Unfortunately the company has never been able to successfully merge the cultures of Alliance and Bernstein (from 2000 merger) which has resulted in tenured staff having allegiances to one or the other. Pair that with massive layoffs over the past few years and you have a recipe for an unhappy place and terrible culture. The environment is fractured and not collaborative and very unfriendly toward new hires. There...

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    Advice to Management

    Once you realize that your employees are a commodity, you will see less turnover. Start to value more than just your investment professionals and senior management - it takes everyone to be make a contribution and you need to make sure people feel valued.

    AllianceBernstein2013-05-09
  5. "Good Start"

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

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

    Pros

    Good name to have on resume and to learn the ropes

    Cons

    Pay is average. Few opportunities for advancement.

    AllianceBernstein2013-04-02
  6. Helpful (1)

    "Disappointing"

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

    I worked at AllianceBernstein

    Pros

    Great cafeteria, some good benefits (Bright Horizons), great location, at first it was a nice place to work.

    Cons

    Constant layoffs, low morale, horrible HR "smart goals" nonsense every quarter, intensely political promotions process, constant revising of org charts and who reports to whom

    Advice to Management

    It's a bit late for that, I'm afraid.

    AllianceBernstein2012-03-29
  7. Helpful (1)

    "Great Firm, Great People... just a tough time!"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Recommends
    Approves of CEO

    I have been working at AllianceBernstein

    Pros

    A Firm filled with extremely intellegent people, a great place to learn the business from ground-up! Exceptional/solid investment process Research is superlative to its peers -- enough to keep one intelectually stimulated Freedom given within roles -- associates are given the opportunity to make the most of their careers internally Numerous internal training programs offered Despite recent changes amongst Senior...

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    Cons

    Very limited opportunity for associates as relationship management roles are few and far between. Too many pessimistic associates amongst crowd -- generally, longer-term employees that haven't carved out their own niche to get ahead. Management tends to promote those who make personal connections with Sr Management vs those who actually deserve a promo -- lesson to be learned -- kissing a.ss goes a long way!

    Advice to Management

    Leverage extremely knowledgeable institutional sales staff -- remove from client servicing roles where deemed appropriate and unleash them on prospecting efforts.

    AllianceBernstein2010-08-10
  8. Helpful (3)

    "Not what it used to be"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Associate in New York, NY
    Doesn't Recommend
    No opinion of CEO

    I have been working at AllianceBernstein

    Pros

    Most employees are generally very intelligent and hardworking Good exposure to the investment management business Nice view of the park

    Cons

    Too many middle mangers Managers make it very difficult to transfer internally by putting up as many roadblocks as possible Compensation is below industry average Moral is very low

    Advice to Management

    Increase the compensation or you'll lose your best talent

    AllianceBernstein2010-08-15
  9. Helpful (2)

    "You learn a lot but sometimes too busy to notice it."

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

    I have been working at AllianceBernstein

    Pros

    You get to work with clients and learn a lot about the investment planning process.

    Cons

    You are stretched to capacity and always pressed to meet deadlines. It can be very stressful.

    Advice to Management

    Provide individuals with opportunities to do more within the company. Perhaps, create training programs that will allow individuals to transition from one department to another.

    AllianceBernstein2010-04-13
  10. "People: smart, efficient and incredibly productive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Client Relations Associate in
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at AllianceBernstein full-time for more than 5 years

    Pros

    The work environment truly is what it make it to be. A positive attitude goes a long way. Things get done here - projects get finished, ideas and procedures get implemented...and updated. There really is very little "politics" behind decisions here.

    Cons

    Performance has been hurting badly for a number of years now. Still unclear whether they will be able to turn the company around. This has definitely affected the atmosphere AND has lead to many people leaving the firm.

    AllianceBernstein2012-06-10
Found 10 reviews