AllianceBernstein Vice President Reviews | Glassdoor

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AllianceBernstein Vice President Reviews

Updated Jul 16, 2019

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Found 60 reviews

3.6
StarStarStarStarStar
Rating TrendsRating Trends
80%
Recommend to a Friend
54%
Approve of CEO
Seth Bernstein
3 Ratings
  1. Helpful (4)

    "volatile place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AllianceBernstein full-time for more than 8 years

    Pros

    work has been structured well

    Cons

    constant change organization structure and lay off people fairly frequently, turnovers are very high

    AllianceBernstein2017-07-05
  2. Helpful (2)

    "Decent company, but lacking in compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President Operations in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at AllianceBernstein full-time for more than 10 years

    Pros

    Alliance Bernstein has a relaxed atmosphere and most of the non-senior level employees seem to be decent people. The dress code is primarily casual and most of the staff is friendly.

    Cons

    The company is not competitive when it comes to compensation. Based on what I see, they underpay their staff by at least twenty percent when compared to other companies in the same industry. This is most pronounced in support staff. The higher-ups are taken care of much better.

    Advice to Management

    Take care of the lower level employees better. This will result in better employee retention and higher overall morale.

    AllianceBernstein2017-03-21
  3. Helpful (2)

    "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at AllianceBernstein full-time for more than 3 years

    Pros

    Company has reinvented itself from 2008. Much broader product set, especially in areas of private credit/private capital. It is a fairly rigid organization but can be very entrepreneurial if you are creative. Comp plan has been completely revamped and very competitive, especially for top producers.

    Cons

    Support staff is over-worked and is not compensated well. MD's are hit or miss...most are pretty weak.

    Advice to Management

    Stay the course on new product development and career development, particularly for staff/support roles. Teams need to be compensated better, even if the FA's need to contribute. And MD's either need to be coaches or players, not both. Most MD's are only concerned with their own production, I.e. NYC, Dallas, Boston.

    AllianceBernstein2017-01-03
  4. "Alliance Bernstein review. Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Assistant Vice President/Operations Manager in Somerset, NJ
    Doesn't Recommend
    Neutral Outlook

    I have been working at AllianceBernstein for more than a year

    Pros

    Good culture and people to work with

    Cons

    Low on rewards and compensation

    Advice to Management

    Better compensation at below VP level

    AllianceBernstein2016-09-22
  5. Helpful (4)

    "Not a lot of communication from upper management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Vice President Human Resources in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at AllianceBernstein full-time for more than 8 years

    Pros

    Good people. Great opportunity for learning.

    Cons

    It doesn't seem like the company is doing well and there is nothing but good news from upper management. There is a disconnect and every few years there is a 10 percent reduction in staff, or another restacking to reduce real estate costs.

    Advice to Management

    Be honest with employees about the state of the company.

    AllianceBernstein2016-07-06
  6. "SVP"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Vice President in New York, NY
    Recommends
    Positive Outlook

    I worked at AllianceBernstein full-time for more than 8 years

    Pros

    People are amazing, work is challenging

    Cons

    Culture is not as friendly as it used to be

    Advice to Management

    None

    AllianceBernstein2016-05-31
  7. "Vice President, Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at AllianceBernstein full-time for more than 10 years

    Pros

    Intelligent colleagues; team mentality; great work life balance; overall work culture is good

    Cons

    Base salaries frequently do not meet industry average. The employees are verbally praised, firm-wide, in some instances, but monetarily, not so much.

    Advice to Management

    Compensate top performers appropriately

    AllianceBernstein2016-05-20
  8. "Great Firm"

    StarStarStarStarStar
      Current Employee - Vice President, Financial Advisor in Chicago, IL
      Recommends
      Positive Outlook

      I have been working at AllianceBernstein for more than a year

      Pros

      Opportunity to Advance, Fantastic Training Program, Supportive Management

      Cons

      It is difficult to achieve a balance between work and life.

      Advice to Management

      Continue to highlight success stories and promote based on performance

      AllianceBernstein2016-03-13
    • Helpful (1)

      "Vice President"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Vice President in New York, NY
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      I worked at AllianceBernstein full-time for more than 10 years

      Pros

      Great co-workers to work with.

      Cons

      Poor management, poor investment advice. Assets continue to bleed. Stuck in the mud since the financial crisis.

      Advice to Management

      Fire all the greedy partners!

      AllianceBernstein2016-01-08
    • Helpful (5)

      "Bottom of the barrel"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Assistant Vice President in New York, NY
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

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

      Pros

      The hours are decent and the on-site cafeteria is a perk.

      Cons

      Despite an emphasis on employee feedback and 360 Reviews, upper management pays absolutely no attention to the results. Senior Vice Presidents are essentially in tenured roles and get away with anything. Impossible to move up the chain unless you come from the outside or are tight with former failed Lehman execs now at AB. Since moving to a peer in the industry, it's clear AB places no emphasis on rewarding performance....

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      Advice to Management

      Listen to all of your employees - not just the chosen few (i.e. "Chief Diversity Officer", failed sell-side bankers, etc...). Do not making it as apparent that you do not care about employees. For example, public filings showing the CEO's driver makes more than majority of employees and CEO's excessive personal aircraft usage.

      AllianceBernstein2015-11-01
    Found 60 reviews