Brookfield Asset Management Reviews | Glassdoor

Brookfield Asset Management Reviews

Updated May 9, 2017
18 reviews

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3.0
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Brookfield Asset Management Managing Partner and CEO J. Bruce Flatt
J. Bruce Flatt
9 Ratings

18 Employee Reviews

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Pros
  • Good benefits package, excellent office location, good balance between work and personal life (in 3 reviews)

  • Great environment, great people, given ability to grow (in 3 reviews)

Cons
  • No work-life balance whatsover if you would like to succeed at your job (in 5 reviews)

More Pros and Cons

  1. "Learning Experience"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Brookfield Asset Management full-time

    Pros

    First job out of college. Able to learn from team members. Everyone willing to help.

    Cons

    Need to better allow for mobility internally between teams.


  2. "Analyst"

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

    Pros

    Good people and nice office

    Cons

    Way behind in technology, kind of uninspiring

    Advice to Management

    Hire younger passionate people and listen to them a little bit instead of hiring temp contractors

  3. Helpful (4)

    "Decent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Brookfield Asset Management full-time (More than 5 years)

    Pros

    Decent salary. Summer hours. Good snacks. Pizza Friday. Good benefits. Decent people.

    Cons

    Your only as good as the people who like you at Brookfield. Build a rapport with upper execs and hope for the best.

    Advice to Management

    Really take a look at employee morale. While you're trying to expand Brookfield's foot hold really pay attention to your employees' complaints. Most people stay out of complacency than actual happiness.


  4. Helpful (4)

    "Positive or Negative Experience Depends on Team"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in New York, NY
    Former Employee - Accountant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Brookfield Asset Management full-time (More than 3 years)

    Pros

    Depending on what team you work with, your experience will either be blissful or dreadful with very little in between. Some of the most intelligent and personable individuals I've ever met are employed by this company.

    The office and surrounding location is so beautiful it's almost unbelievable. The futuristic all-white, brightly lit office keeps you upbeat even are your groggiest days. The setting on the Hudson with the Statue of Liberty in clear view allows for some pleasant daydreaming when your brain needs a much deserved break. There is also a 24 hour Rite Aid located within the building, which has been clutch so many nights when working late and have no other stores open in the area.

    There is tremendous opportunity for advancement within the company, as management works to keep their talented employees. There is always a new challenge to be tackled and individuals willing to teach as long as you're willing to learn.

    Cons

    For every rockstar employee that you meet here, there are at least two stiffs with an inflated sense of self-worth that you hope you never have to work with. It creates a true team-specfic company culture, rather than a general one.

    The hours can be a drag, although steps are being taken to mitigate some of this through more efficient processes. Although management is very flexible with time off when requested, there is still a feeling of no true work/life balance due to the sheer volume of work and many late nights needed to complete it.

    The compensation is below the industry standard in New York.

    The open environment and see-through glass conference rooms, although helpful when it comes to exchange of information, leads to too much unwarranted, noise, nosiness, and butting in from those around you.

    Inefficient processes and too many layers of review for some of the simplest of tasks.

    Advice to Management

    Invest more into technology beyond Excel that allows for more efficient work processes and outsource more of the simpler tasks. It will ultimately allow for more responsibility to be taken by the lower level employees and increase work/life balance once menial, time-consuming tasks are taken off of their plates.

    Additionally, begin paying the employees at least market value if you truly view yourselves as bug players within the industry. Otherwise, you run the continued risk of unnecessarily losing great talent to larger and smaller companies alike willing to at least pay the industry standard.


  5. "PFG"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Very smart people in all departments

    Cons

    Not the best work-life balance

    Advice to Management

    Create more efficient processes


  6. Helpful (1)

    "Satisfactory"

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

    Pros

    Often times reasonable hours
    Good work culture
    Friendly and often agreeable co-workers
    Variety of transaction exposure

    Cons

    Below market pay
    Below market bonus
    Can be terrible, grueling hours

    Advice to Management

    Please consider raising your pay and bonus to market standards. Be more proactive in laying off inefficient and incompetent senior employees.


  7. "Okay, but a lot of improvement needed"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    No opinion of CEO

    Pros

    Good quality of life as hours worked are not too much. Brookfield also sponsors several arts initiatives for which employees may be able to receive free tickets.

    Cons

    Work is not very challenging in the back office. Management is not in tune with the employees. Salary is not up to NYC standards.

  8. "Trade Support Associate"

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

    I worked at Brookfield Asset Management full-time (More than a year)

    Pros

    Some great coworkers across several internal teams.
    Great work life balance - rarely work more than 40.

    Cons

    Poor leadership, lots of politics with little results.
    Below average pay.
    Office has clique's like a school cafeteria, this leads to terrible communication.
    No sense of ownership for anyone's work ethics or decision making.
    Office is mostly AVP, VP and Directors - about 70% of employes have this sort of title (including the entire front office which has no associate on the team). This creates inflated egos.
    Wasteful - money only goes to misguided projects and old leadership.

    Advice to Management

    Remove NY senior leadership, everyone has been there to long without having accountability.
    Attempt to be proactive.


  9. Helpful (1)

    "Great benefits, excellent location, although it's not ideal for technology workers who want to advance their careers"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Professional in New York, NY
    Former Employee - IT Professional in New York, NY
    Doesn't Recommend

    Pros

    Good benefits package, excellent office location, good balance between work and personal life.

    Cons

    Good employees won't stay very long. There is no CIO and senior management don't have a clear vision.

    Advice to Management

    Empower your employees or at least listen to what they have to say.


  10. "No work life balance"

    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

    Pros

    interesting deals, good learning opportunities, good location, opportunities within the org

    Cons

    Heavy hours, high turnover due to lack on work life balance

    Advice to Management

    Better resource planning both (personnel and technology) and long term vision


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