BroadReach Partners, Inc. Reviews | Glassdoor

BroadReach Partners, Inc. Reviews

10 reviews

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3.2
Star Star Star Star Star
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Scott Willard
6 Ratings

Employee Reviews

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  1. "Business development consulting firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Development Manager in Stamford, CT
    Former Employee - Client Development Manager in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at BroadReach Partners, Inc. full-time (More than a year)

    Pros

    Professional atmosphere
    quality colleagues
    interesting projects

    Cons

    Awkward pay plan with ceilings on performance over quota.

    Advice to Management

    Hang on to customers


  2. "Company has succumbed to weak/volatile market conditions."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Business Development Manager in Minneapolis, MN
    Current Employee - Senior Business Development Manager in Minneapolis, MN
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BroadReach Partners, Inc. full-time (More than 8 years)

    Pros

    Flexibility - work remotely. Strategic approach to business development. Varied responsibilities.

    Cons

    Limited opportunities for advancement. Company closed operations.

    Advice to Management

    Be more engaged.


  3. "Excellent company under Scott Willard when I worked there for nine years. Growth, growth, growth."

    Star Star Star Star Star
    • Culture & Values
    Former Employee - Varied in Stamford, CT
    Former Employee - Varied in Stamford, CT
    Recommends
    Approves of CEO

    I worked at BroadReach Partners, Inc. full-time (More than 8 years)

    Pros

    Close client contact.
    Good company leadership and positive attitude. Scott Willard a gem.
    Employees do not compete against each other, but are rated on personal performance.
    Friendly environment, kitchen facilities, free coffee, etc.
    Stable client base, and some five-star clients.

    Cons

    Poor employee compensation plan, almost lacking in comprehension to employees.
    Poor benefits, with employees treated as exempt contractors.
    Too much senior management changeover and loss of top people.
    Field is highly competitive, and BroadReach client pricing too high.

    Advice to Management

    Better training for each individual client project. Self-learning leads to too much rejection.
    More honest reporting about company performance.


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  5. "Not as expected - high turnover"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Associate in Stamford, CT
    Former Employee - Business Development Associate in Stamford, CT
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BroadReach Partners, Inc. full-time (More than 3 years)

    Pros

    Independent work. "Hands-off" management style. Good flexibility / work-life balance / nice people. But, not a long-term, career type firm.

    Cons

    No training. Compensation was not what the recruiter described. Volatile business model, because they only have one program to offer a client. You could be fired without notice, without benefits and a very restrictive employment agreement.

    Advice to Management

    Need better communication of expectations and attainable goals. Need to institute some type of training and/or ramp-up program.


  6. "Disappointing Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Development Manager in Stamford, CT
    Current Employee - Client Development Manager in Stamford, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BroadReach Partners, Inc. full-time (Less than a year)

    Pros

    Fairly independent work environment; regular weekly update meetings with clients and management. Fitness center available to employees at no charge.

    Cons

    Management talks a good game, but any downturn in business results in staff layoffs. Compensation is poor; company only covers 50% of cost of health benefits. Only a handful of employees come into the office on a regular basis. Many work from home. Some of the veterans have figured out how to game the system by getting clients to agree to multiple meetings without really doing much work. Each meeting triggers a payment to the employee.

    Advice to Management

    Share some of the pain with employees when business is down instead of immediately laying people off.


  7. "BroadReach Group"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Hedge Fund Researcher in New York, NY
    Current Intern - Hedge Fund Researcher in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at BroadReach Partners, Inc. as an intern (Less than a year)

    Pros

    The employees who worked during the 2008-2009 period created a friendly work culture. After they left the manager became less approachable, and more power hungry. If you were an intern they were flexible with your work schedule. Convenient location in Downtown Manhattan.

    Cons

    They try to schedule times when they teach topics related to the financial industry, but rarely follow through. Most of the assignments is grunt work, or research.

    Advice to Management

    Don't just use interns as cheap labor. Put more effort in teaching your employees. Try to hire at least some of your interns into full time employees.


  8. "good opportunity to work with diverse industries & business models & cultures"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Associate in Stamford, CT
    Current Employee - Business Development Associate in Stamford, CT
    Approves of CEO

    Pros

    flexibility
    variety of clients
    close working relationship with clients
    know how well you are performing
    entrepreneurial
    emphasis on teamwork and support

    Cons

    compensation is average at best
    at times there's a disconnect between senior management and staff
    liitle opportunity for promotion
    business tied to volatility and vagaries of general economy

    Advice to Management

    continue to increase emphasis on professional development and training
    provide opportunity for greater responsibility and promotion
    more frequent busines and company updates


  9. "Business Development"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Associate in Stamford, CT
    Current Employee - Business Development Associate in Stamford, CT

    Pros

    small company, good base salary

    Cons

    small commissions, horrible human resources

    Advice to Management

    get some human resources policies in place - the way people are treated is horrible


  10. "Good flexibility"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Flexible work environment and diverse client base.

    Cons

    Promotions, hiring firing decisions are not merit based.


  11. "very good experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Approves of CEO

    Pros

    in-depth client work is very satisfying

    Cons

    small company benefits are limiting