Cambridge Associates, LLC Reviews in Boston, MA | Glassdoor

Cambridge Associates, LLC Boston Reviews

Updated May 17, 2017
54 reviews

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Boston, MA Area

3.3
Star Star Star Star Star
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David Druley
5 Ratings

54 Employee Reviews

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Pros
  • Work-life balance is a positive (in 50 reviews)

  • The opportunity to learn is there (in 15 reviews)

Cons
  • Long hours (depending on staffing, 60 hours a week can be the norm) (in 20 reviews)

  • Manual data entry can be tiresome (in 15 reviews)

More Pros and Cons

  1. "Investment Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Investment Associate in Boston, MA
    Current Employee - Senior Investment Associate in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Cambridge Associates, LLC full-time (Less than a year)

    Pros

    Great Learning Experience
    Close interactaction with top fund managers and institutional investors
    Lots of responsibility early on
    Good experience and trajectory for top business schools

    Cons

    Low relative salary ($60k start) and insignificant incentive/bonus comp ($1-2k)
    Long hours (depending on staffing, 60 hours a week can be the norm)
    Not a lot of marketable skills gained - unless interested in IR

    Advice to Management

    Associates are leaving en masse - either increase comp or hire more associates


  2. Helpful (1)

    "Okay for awhile"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Boston, MA
    Current Employee - Analyst in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Cambridge Associates, LLC full-time (More than a year)

    Pros

    you get great exposure to a lot of very smart people

    Cons

    poor work comp
    they say you have great work life balance but you really don't
    unorganized company
    no one can make a decision here

    Advice to Management

    act like management and make decisions instead of letting everyone else take years to do so

  3. "Supportive, collaborative environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Summer Investment Associate in Boston, MA
    Former Intern - Summer Investment Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Cambridge Associates, LLC as an intern (More than a year)

    Pros

    Very intelligent people from top-tier schools, everyone willing to help, direct access to a lot of senior level people, great exit opportunities for B-school and consulting

    Cons

    Not a particularly transferable skill set outside of investment management/investment consulting. Low pay considering the top talent they attract


  4. "Good place to start a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Associate in Boston, MA
    Current Employee - Investment Associate in Boston, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Cambridge Associates, LLC full-time (More than 3 years)

    Pros

    Associates are paid well (with the expection of the bonus), and receive good experience with clients and investment managers

    Cons

    Work can be very repetitive, and there is very limited upward mobility. Firm is very top heavy.

    Advice to Management

    Do more to retain associates.


  5. "Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Boston, MA
    Current Employee - Administrative Assistant in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cambridge Associates, LLC full-time

    Pros

    Great culture and you can learn a lot.

    Cons

    Pay is on the low side, the job you interview for might now be the job you actually end up doing.

    Advice to Management

    More growth opportunities and communication with employees needs to be better.


  6. Helpful (2)

    "Past Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Recruiter in Boston, MA
    Former Employee - Recruiter in Boston, MA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Cambridge Associates, LLC full-time (More than a year)

    Pros

    Located in a great area of Boston.

    Cons

    -HR and Recruiting team is chaotic
    -A lot of turnover
    -Lacking leadership and guidance


  7. Helpful (1)

    "Fantastic place to start your career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Boston, MA
    Current Employee - Associate in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Cambridge Associates, LLC full-time (More than a year)

    Pros

    -Smart people
    -Great benefits
    -Relaxed but hard working culture
    -Dress code
    -Highly respected company
    -Will learn a ton about every aspect of institutional investing
    -High profile clients
    -Direct impact on company success

    Cons

    Technology is outdated
    Too much process/red tape for simple tasks
    Can be slow sometimes
    Compensation is lower for the industry
    Upward mobility is not particularly clear

    Advice to Management

    Invest in technology! If you want to save money on expenses then you need to automate a lot of the tasks that are sucking up time and money. The margins will take a hit but it will be worth it when we need to scale. This will ensure the long term health of the firm.

    You understand this point but it needs to be reiterated...your people are the reason you are successful. Keep investing in them and doing what is best for them and in return they will gladly do their best work.

  8. "Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Office Assistant in Boston, MA
    Former Employee - Office Assistant in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Cambridge Associates, LLC (More than 10 years)

    Pros

    Great Company to work for.

    Cons

    none that I know of


  9. "Intern at Cambridge"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Summer Associate in Boston, MA
    Current Intern - Summer Associate in Boston, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Cambridge Associates, LLC as an intern (Less than a year)

    Pros

    Super collegiate and collaborative work environment. Most associates only a few years out of college or less and they like to hangout together and have fun.

    Great learning opportunities and ability to sink teeth into a particular subject. People are really willing to help you grow.

    Superb access to top tier managers with open door policy for manager meetings at the firm.

    Cons

    Ability to move up in the firm from an investment associate to an investment director and above is growing but still limited.

    Advice to Management

    Improve on defining the path to moving up within Cambridge and increase associate/director communication outside of client teams so associates can learn more from investment directors.


  10. Helpful (2)

    "Cambridge Associates - Not a nice place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Cambridge Associates, LLC full-time

    Pros

    flexible schedule, easy to commute to, in the heart of the financial district. They are trying to figure themselves out

    Cons

    They keep reorganizing, there is ZERO leadership at the top and they don't have a plan for the future. EVERY single person I know has worked there 2 years, tops, and then left.

    Advice to Management

    Set goals and share them with the firm. Try to get the founders to understand that you need goals and a mission that people can get behind and work towards.


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