Cambridge Associates, LLC Reviews in Boston, MA | Glassdoor

Cambridge Associates, LLC Boston Reviews

Updated September 14, 2017
58 reviews

Filter

Filter

Boston, MA Area

58 Employee Reviews

Sort: PopularRatingDate

Pros
  • Work-life balance is a positive (in 51 reviews)

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

Cons
  • Long hours (hearing someone worked 90 hrs in a week is not surprising) (in 21 reviews)

  • Further exacerbated by the low pay (in 15 reviews)

More Pros and Cons

  1. Helpful (2)

    "Fantastic place to start your career"

    StarStarStarStarStar
    • 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    Technology is outdated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.


  2. "Administrative Assistant"

    StarStarStarStarStar
    • 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

  3. "Intern at Cambridge"

    StarStarStarStarStar
    • 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.


  4. Helpful (4)

    "Decent, Depends on the Group"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Boston, MA
    Former Employee - Manager in Boston, MA
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    -Decent people who are incredibly smart
    -Strong, well known client base
    -Huge name to have on your resume if you plan to stay in the investments industry (especially institutional investments). Ever since I have had Cambridge on my resume, I have always received call backs from recruiters.

    Cons

    -Intense growing pains / identify crisis which creates large swings in strategy and culture.
    -It can be really hard to fit in if you aren't of a certain type or pedigree. For example, analysts are hired only from Ivy League / top schools (despite having zero investments knowledge), which creates a ridiculous "bro" and "polo club" type culture. This is also apparent among consultants who went to the same 5 business schools - there is almost no diversity of thought in the firm. Basically, if they taught it at Tuck, then that's what everyone does. This is not just limited to the main consulting organization, but each group has its own "type" it hires for. Marketing is full of people who comment on how you are dressed, what you are eating (especially if it isn't gluten free), and how thin people are.
    -Lower pay compared to industry norm.
    -Consultants treat the support groups (operations, marketing, performance) like garbage.

    Advice to Management

    Hire from all types of schools to balance out the culture and improve diversity of thought. Ditch the snobby culture.


  5. Helpful (2)

    "Cambridge Associates - Not a nice place to work"

    StarStarStarStarStar
    • 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.


  6. Helpful (2)

    "Assistant"

    StarStarStarStarStar
    • 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 (More than 10 years)

    Pros

    Great firm, very collegiate atmosphere. Management is top notch. Female CEO

    Cons

    Would improve technology.


  7. "Great Place to Learn and Grow"

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

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

    Pros

    Cambridge is a great place to learn and grow your career. It is a very collegiate environment, and the work/life balance is very good for the finance industry.

    Cons

    There have been several leadership changes/reorgs, but the most current reorg was well thought out and seems like it will lead to a very promising future. Also, the pay and benefits are good, but not as competitive as other firms.

    Advice to Management

    Stay focused on keeping the culture of the firm true to how it has been in the past. Invest in your employees more, and encourage learning and growth more.

  8. "nice place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Research Consultant in Boston, MA
    Former Employee - Associate Research Consultant in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    great work/life balance, nice people

    Cons

    struggles in leadership resulting in lack of career growth trajectory for RC level employees


  9. "Senior Investment Associate"

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

    Pros

    Very collegial environment within the IA group. Work is not overly demanding. One thing is that if you garner a strong reputation you get staffed up quickly and often don't have a say for which clients you work. I found exit opportunities were plentiful.

    Cons

    The pay is bad. Well below market rate.

    Advice to Management

    Rewarding successful entry level employees would go a long way to retaining talent.


  10. "Investment Associate"

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

    I worked at Cambridge Associates, LLC full-time (More than 3 years)

    Pros

    Collaborative environment, good work life balance, great connections and access to some of the world's most notable and successful portfolio managers across strategies. Low turnover among higher-level employees. Generally liked working there.

    Cons

    Can be political at times, and because of the long tenure of senior staff, upward mobility can be limited. Communication and relationship between groups can be lacking. Pay is below-market.

    Advice to Management

    Provide a better path to promotion and more delineation for how it can be achieved. Reward personnel based on achievement and not relationships.


Showing 58 of 299 reviews
Reset Filters