Alliant Asset Management Reviews | Glassdoor

Alliant Asset Management Reviews

6 reviews

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  1. Helpful (1)

    "Great Opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Woodland Hills, CA
    Current Employee - Anonymous Employee in Woodland Hills, CA
    Recommends
    Positive Outlook

    I have been working at Alliant Asset Management full-time (More than a year)

    Pros

    The people are by FAR the best reason to work for Alliant. They have fun, are enthusiastic, polite, and try hard to work as a team. The second reason is the quality work that is produced. Working in affordable housing, we can feel good about what we are doing, and knowing that we are making a difference.

    Cons

    It at times feels as if you are struggling to get changes implemented quickly. As with any company whose business is working with governmental regulations (as is affordable housing), the company has a tendency to be change adverse, and thus sits on improvements longer than is necessary.

    Advice to Management

    More group meetings, emails, podcasts about the status of the company. Share the successes of the company more to engage your staff and let them know you're proud of their work and accomplishments.


  2. "Not a good place to work. Ownership and Senior Management are destroying this company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Woodland Hills, CA
    Current Employee - Anonymous Employee in Woodland Hills, CA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Alliant Asset Management full-time

    Pros

    If you're looking for a job to hide out at and do the bare minimum, this is it. If you're a follower and don't have any original ideas and like doing the same tasks over and over for years with no interest in advancement or recognition or growth, you have found your home.
    -401K matching program just implemented. Unfortunately it is only for 2%.
    -There are good employees(socially) at the company, but the great employees that love what they do and bring passion and engagement to the job are so put off over time by the poor management style and self absorbed senior management that they leave for better opportunities.

    Cons

    -Senior staff in-fighting is so atrocious they pay no attention to original ideas or have any interest in growing staff through training's or conferences.
    -Many people I've spoken with have been promised promotions, raises, bonuses, and/or inclusion into key decision making only to be left out or forgotten about despite exemplary performance reviews.
    -Policies are put into place that clearly erode trust and destroy morale. Previously salaried employees were required to "sign in" and "sign out" versus measuring performance metrics. Staff turnover and morale were so low that management finally did away with the policy but recently implemented a no working remotely policy despite having numerous employees that work from different locations across the country who do the same job.
    -The President does a 6pm walk around the office to see whose at their desk while he doesn't come in to the office until 10am-11am and has no idea when staff actually arrived. They continue to fail to measure performance metrics and try to place a high emphasis on "time in their chair".
    -Bereavement policy allows for only 2 days for a spouse or close relative passing. Everywhere else I've ever worked allowed a minimum of 3 days and frequently gave 5 days.
    -Expenses for business travel are required to paid for on your own personal credit card. Reimbursement can take up to two months. (Employees shouldn't have to carry their company financially)
    -Although there are many nice people at Alliant, the social conversations are generally superficial, clothes, shopping, weight loss, etc.
    -Staff does not feel engaged due to lack of communication within the departments or senior management of the company. (For instance, no one knows what new business ventures are being attempted, or how the company did year over year, what new investors, developers, or markets the company is getting involved in, etc.)
    -Alliant has no presence, sponsorship, or training at any of the national conferences. This takes employees out of circulation about what's going on in the industry.
    -Any legislative changes in the industry are not communicated to staff. This leads to a "reactive" approach to risk management vs. a "proactive" one.
    -Senior staff is largely not accessible or interactive. Walking into their offices, are frequently meant with disdain(eye rolling/ curt replies/waiving you out the door) , looking at their wrist watch/phone, email, etc. The few that do engage frequently make inappropriate sexual, off-color, or general "inappropriate for the work place" comments.

    Advice to Management

    As so many others have commented here, senior management and ownership are the problem. Their poor approach to managing has lead to the disengagement of the staff, which drives management to implement ever greater draconian management practices and a poor work life balance for even the hardest working employees that have repeatedly demonstrated their ability and commitment to the company. Although this has been pointed out numerous times through feedback to HR and management, turn over of the best staff members continues to happen leaving the remaining staff to accept the company is only interested in a "warm body" to fill a chair. It also explains why management is not interested in training/mentoring employees when staff is turning over. It's a sad vicious cycle that will continue because management lacks the conviction, understanding, or strength of character to engage and create an outstanding work environment. Anyone that tells you different is either trying to get you to take a position at the company or hasn't been there long enough to see behind the facade.


  3. Helpful (5)

    ""The Door Will Continue to Revolve""

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Management in Woodland Hills, CA
    Current Employee - Management in Woodland Hills, CA
    Doesn't Recommend
    Neutral Outlook

    I have been working at Alliant Asset Management full-time (More than a year)

    Pros

    Overall a good deed toward affordable housing. Friday bagels and doughnuts are a nice gesture to build a social atmosphere.

    Cons

    Executives are elitist, mgmt tries to follow, if you not a part of their "click" they treat you like, "mean girls." There's no since of ownership, mgmt. passes blame a lot! Micro mgmt atmosphere, LOTS of favoritism!!!

    Advice to Management

    Execs need to keep clear lines of work and personal life, learn humility as individuals, seek mgmt training asap!!! Trust the talent you hire. Allow people more than 3 second to talk before you blatantly disengage. Focus on your employees more-learn their names at least, their not just "widget makers!" At the very least say hello! Or people will continue to leave the company.


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  5. Helpful (3)

    "Team Lead"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in Encino, CA
    Current Employee - Team Leader in Encino, CA
    Recommends

    I have been working at Alliant Asset Management (More than 3 years)

    Pros

    Great company, location away from traffic. Not too fast paced.

    Cons

    Limited growth, management not interested in growth or tenure.


  6. Helpful (1)

    "Alliant Capital a lot of great employeees, but upper management is lacking in the skills to develope their people."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Woodland Hills, CA
    Current Employee - Vice President in Woodland Hills, CA
    Doesn't Recommend

    I have been working at Alliant Asset Management full-time (More than 5 years)

    Pros

    I love working with my co-workers they are very kind people.

    Cons

    Unfortunately, it appears as though upper management, including the head of HR, handle the political issues that are abundant in the organization. Communication is confusing and inconsistent. There is infighting between departments vying for control which often results in staff turnover.

    Advice to Management

    I would implore the owners to look at who you have running your largest departments. Look at the turnover and honestly ask yourself if there isn't something that should be done differently? Do you really believe that losing top talent year after year is productive?


  7. Helpful (3)

    "Poorly Managed Company"

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

    I have been working at Alliant Asset Management full-time

    Pros

    Work day starts at 9am.

    Cons

    Company is not structured like a real company. The people in management positions are not qualified to manage. They do not value education here. The people who know how to kiss up get favoritism. This makes the people with the education and degrees on par with the non-degreed admin person to be peers because they will move up. This is a small company that only knows how to do a few things. The acquisitions and asset management departments are a joke. They have these VPs in place that are so unqualified but are delusional to think that they are adding any value to the company. Their meetings and review process slows down everyone's work and just upsets the partners. They blame the low level workers for anything that goes wrong. Only work here is you need a job for now. They are losing business really fast and will eventually fail. There is no career growth opportunities here. You will be doing the same thing for 10 years.

    Advice to Management

    The company needs to be restructured. Too many VPs who add no value.