Bessemer Trust Company Reviews | Glassdoor

Bessemer Trust Company Reviews

Updated November 5, 2017
54 reviews

Filter

Filter

Full-timePart-time

3.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Bessemer Trust Company CEO Marc D. Stern
Marc D. Stern
25 Ratings

54 Employee Reviews

Sort: PopularRatingDate

Pros
  • Great benefits and the company promotes work life balance, which is nice (in 9 reviews)

  • Pay is good, work/life balance is excellent (in 5 reviews)

Cons
  • Excessively hierarchical, poor work-life balance, stuffy culture, business formal attire (in 2 reviews)

More Pros and Cons

  1. "Intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Bessemer Trust Company part-time

    Pros

    Great Company on the rise

    Cons

    None at all keeping doing what you're doing


  2. "Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Advisor
    Current Employee - Client Advisor
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bessemer Trust Company full-time (More than 5 years)

    Pros

    Culture, talented colleagues, resources for clients, benefits

    Cons

    Compensation is poor at junior levels

  3. "Great Place to Work (if the culture fits your personality)"

    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

    I worked at Bessemer Trust Company full-time (More than 3 years)

    Pros

    Bessemer felt like a home to me - the colleagues are respectful and kind and they welcome you into a culture that is very unique. Luckily, I prefer an old school culture where people are formal and professional, but it's not for everyone. The benefits are incredible which I have not found at any other job. Not all management treats their employees equally, but if you find a good one, it makes working at Bessemer second to none. I highly recommend working here if you prefer a more laid back and professional alternative to the madness of investment banking style firms. I loved my time there, not to mention the prime location. It's a firm you can stay with for the entirety of your career if you're content with your position.

    Cons

    Working remotely isn't allowed, under any circumstances. Being on time in the morning is essential to your overall performance review score, which sometimes can't be helped with commuting issues.

    Advice to Management

    Let us work remotely at times. Keep the culture it currently has, it will attract the right people.


  4. "Great Company to work for!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bessemer Trust Company full-time

    Pros

    Nice learning environment. Very relaxed culture, not a lot of stress when working.

    Cons

    Technology is a little behind the times.


  5. "Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bessemer Trust Company full-time

    Pros

    Benefits are great. You do not have to pay anything from your paycheck but for dental. Get full 3 month maternity leave once you meet your required employment time. Very corporate if you like that kind of atmosphere. People are nice. Not much need for overtime if you are looking for some quality of life. It's a great company to settle in if you are not interested in advancing your career much, starting out or close to retiring.

    Cons

    If you are ambitious, this is not the company for you. If you are on senior managements' favored list, you can advance easily.

    Advice to Management

    Allow employees to evaluate their department heads.


  6. "Overview of Bessemer's focus"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bessemer Trust Company full-time (Less than a year)

    Pros

    Great organization to work for. Senior Management is focused on the wealth management needs of clients while at the same time provides a working environment second to none.

    Cons

    None really. Just maintain the status it has and the sky is the limit.


  7. "Associate Client Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bessemer Trust Company full-time

    Pros

    Great place to learn the wealth management business at a firm that maintains its focus on its core business.

    Cons

    It's a large company so it can be a little tough to be entrepreneurial.

    Advice to Management

    Continue to prioritize the client service experience.

  8. "Bessemer at a Glance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Custody Associate
    Current Employee - Senior Custody Associate
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bessemer Trust Company full-time (More than 5 years)

    Pros

    People and benefits are great! Family type atmosphere.

    Cons

    Workflow or System structures aren't up to date with street/market conventions.


  9. Helpful (1)

    "Executive Personal Assistant"

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

    I worked at Bessemer Trust Company full-time

    Pros

    Generous vacation, 401K and benefits, benefits, benefits

    Cons

    Minimal raises and hiring freezes while the firm is making fantastic profits. Favoritism, cronyism, and nepotism throughout the firm all interfere with fairness because they give undue advantage to someone who does not necessarily merit their position.


  10. "Excellent clients, High-quality offerings"

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

    I worked at Bessemer Trust Company full-time

    Pros

    Excellent clients, excellent colleagues, excellent service offerings

    Cons

    Rewards higher level executives purely based on results and not on successful management


Showing 54 of 62 reviews
Reset Filters