Annaly Capital Management Reviews | Glassdoor

Annaly Capital Management Reviews

Updated August 14, 2017
12 reviews

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3.1
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Kevin Keyes
1 Rating

Employee Reviews

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  1. "Software Development Intern"

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

    I worked at Annaly Capital Management as an intern

    Pros

    Very friendly working environment with very talented people

    Cons

    The compensation for intern could be higher


  2. Helpful (2)

    "Not what it used to be"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Annaly Capital Management full-time (More than 5 years)

    Pros

    Decent pay, decent work flexibility

    Cons

    Used to be a wonderful place, but since the passing of its founder it's become just another sweat shop with dispropotional politics for such a small place

    Advice to Management

    Your people are your greatest asset, don't alienate them

  3. Helpful (2)

    "Toxic Culture"

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

    I worked at Annaly Capital Management full-time

    Pros

    - Compensation is good
    - Benefits are good (for now)
    - Workload is mild

    Cons

    Since the original founder/CEO died, there has been near 100% turnover in the management team. New CEO has filled management positions with friends and fellow Notre Dame alumni, with predictable results for culture, morale, and performance.


  4. "Excellent"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Annaly Capital Management as an intern

    Pros

    Annaly Capital Management was my first internship, so I really knew nothing about finance when I started. They were awesome, taught me EVERYTHING I needed to know. They sent us on a Bloomberg Training Program at the Bloomberg headquarters on 59th Street to teach us how to use the Bloomberg Terminal, and we had access to the Terminal from our computers every day at work. Learned so much, and it was a great foundation that well-prepared me for following internships.

    Cons

    Although the internship is amazing, it is a 10-week program during the summer and that is IT. If you are a rising senior and looking for full-time employment, they typically don't hire interns for full-time positions. If you're considering interning there as a rising senior, just ask if there are full-time opportunities if you do a good job.

    Advice to Management

    Thanks for investing so much into your interns!


  5. Helpful (1)

    "VP"

    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
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great company. Great Culture. people really care. Upward advancement potential.

    Cons

    Culture Changing. Going from family owned business to Corporate culture.

    Advice to Management

    N/A


  6. Helpful (7)

    "Was great, not so much anymore"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Annaly Capital Management full-time

    Pros

    When I was there they were very generous and family oriented. Promoted from within.

    Cons

    The culture was declining and becoming a sweatshop.


  7. Helpful (3)

    "Definite change under new management"

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

    Pros

    Excellent benefits, generally nice people. Good hours. Easy work.

    Cons

    Death of former CEO brought out the worst in everyone. Original employees who weren't qualified to manage a Starbucks that lucked in to million dollar jobs through friends or family couldn't hack it when people who understood how Wall Street worked showed up. under new CEO the place turned in to a miserable environment with people too busy talking about each other to do any work and they imploded when asked to actually contribute more than their golf handicap. Fortunately they are all gone but some of the good ones left too and all that was left was a miserable shell.

    Advice to Management

    It's ok to work hard and be good to your employees. That doesn't have to be mutually exclusive.

  8. "INTERN"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    strong work life balance, free lunches

    Cons

    Friends and family culture is somewhat inhibiting at times


  9. Helpful (7)

    "Terrible Company"

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

    I worked at Annaly Capital Management full-time (More than 5 years)

    Pros

    They pay for your lunch. They pay for your benefits. They match a portion of your 401K

    Cons

    Was probably the best place to work up until about 2013. New CEO has created a new investment banking environment, plays favorites and he controls how everyone is paid. He has very intimate relationships with certain employees, especially female ones. Seems to bring in many people who lack experience in the mortgage reit business but are his friends. CEO is very concerned with surrounding himself with people who only tell him yes.


  10. "Great summer experience"

    StarStarStarStarStar
    Former Intern - Anonymous Intern
    Former Intern - Anonymous Intern

    I worked at Annaly Capital Management as an intern

    Pros

    The people at Annaly are one of the best parts of working there. Everyone is extremely friendly and helpful, and the work environment is very positive.

    Cons

    I can't say I have any real complaints about my experience at Annaly this past summer, other than it would be nice if they hired interns full-time.

    Advice to Management

    HR and the team that runs the intern program do a fantastic job incorporating real work experience and learning into what seemed like an incredibly fast 2 months.