Cambridge Associates, LLC Reviews | Glassdoor

Cambridge Associates, LLC Reviews

Updated May 25, 2017
274 reviews

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Full-time Part-time

3.3
Star Star Star Star Star
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David Druley
15 Ratings

274 Employee Reviews

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Pros
  • Good work life balance and benefits (in 49 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. "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.


  2. "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


  3. "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


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  5. "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.


  6. "Operations"

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

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

    Pros

    company culture, good hours, flexible schedule

    Cons

    lots of data entry and the work is repetitive/boring, lack of upward mobility within the department


  7. Helpful (1)

    "Management needs improvement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Operations Associate in Washington, DC
    Current Employee - Investment Operations Associate in Washington, DC
    Doesn't Recommend
    Approves of CEO

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

    Pros

    -Great coworkers
    -Great place to learn about finance if you don't have experience

    Cons

    -Management micro-manages
    -Salary is not competitive for the industry


  8. 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


  9. Helpful (1)

    "The Performance Reporting Group was the perfect place to start a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Investment Performance Analyst in Arlington, VA
    Former Employee - Senior Investment Performance Analyst in Arlington, VA
    Recommends
    Approves of CEO

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

    Pros

    -Management is incredibly supportive of their employees.
    -Close bonds are forged between employees and management.
    -D&R has an entrepreneurial spirit that contradicts what you might expect from a large financial institution.
    -There are always opportunities to get involved. Inspires personal and professional growth by empowering employees to decide when and how they want to get involved in these opportunities and make valuable contributions.
    -Open lines of communication between management and their employees--they want to know how to best serve you as their employee and help them develop.
    -Opportunities to interact with a number of different groups within the firm from within D&R.
    -Although the career trajectory in PRG levels off at Senior Analyst, there are opportunities to move into a new role within Cambridge, and management is supportive of helping you as the employee find your niche (both while working in D&R and when starting to think about moving outside of the group).
    -Opportunity to work on complex client relationships, hone strong relationship building, communication, and organizational skills.
    -Incredible flexibility and great benefits.
    -Instrumental in developing core professional skills.

    Cons

    This isn't a con as much as a comment and piece of advice:

    -If you allow yourself to get bored or discouraged, the core work at times can be boring and discouraging. There are many opportunities available to employees of all tenure levels to pursue to mitigate the feelings that may arise for some employees as a function of the cyclical nature of the core work. Get involved in these opportunities.

    Advice to Management

    Even though it's important to be cohesive as a management team, work towards your strengths! If one manager's preference is more towards projects, help them manage people who are most interested in projects so that they can collaborate and learn from one another. If another manager's preference is people, allow them to manage the people centered projects. The management team already does a good job of doing this, but I think it's important to keep it in mind so that management can continue feeling valuable and employees can continue to grow.


  10. 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.


  11. "Investment Performance Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Investment Performance Analyst in Arlington, VA
    Current Employee - Investment Performance Analyst in Arlington, VA
    Positive Outlook
    No opinion of CEO

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

    Pros

    Great place to start your career.
    Amazing co-workers and I love my manager. They have become my best friends.
    Lots of opportunity to get involved in other teams than your core work
    No overtime if you don't want to do it and are clear with your manager.

    Cons

    -No room for growth
    -No room for creativity
    -Core work is boring
    - VERY outdated technology

    Advice to Management

    Invest in technology.


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