Cambridge Associates, LLC Reviews | Glassdoor

Cambridge Associates, LLC Reviews

Updated November 14, 2017
295 reviews

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3.1
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David Druley
29 Ratings

295 Employee Reviews

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

  • Further exacerbated by the low pay (in 16 reviews)

More Pros and Cons

  1. "Great Company"

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

    Pros

    Culture
    Training Program
    Office wide Activities
    Lunches
    Scavenger Hunts

    Cons

    I don't really have any


  2. "Good Place for a First Job in Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Performance Analyst in Arlington, VA
    Former Employee - Investment Performance Analyst in Arlington, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great co-workers, and lots of opportunities to learn about investment consulting. Decent pay and benefits for an entry-level job.

    Cons

    Not much opportunity for advancement from this position. Technology was clunky and outdated.

  3. "Investment Performance Analyst"

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

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

    Pros

    Began working at Cambridge right out of college and was there for 3 years in the Data and Reporting department. CA is a great place to start a career in investments. You gain a lot of exposure investing, investment strategies, types of investments, etc. Cambridge also has a good work environment; there's no politicking, back stabbing, or corporate ladder climbing types. Everyone is generally very friendly.

    Cons

    Average turnover is 2-3 years within the Data and Reporting department. Everyone is either fresh out of college or a few years out of college. There are severely limited opportunities to learn and grow as an investment professional. Consider this; at 2 years of experience, you're considered to be one of the more senior and tenured individuals in the department and are looked to from the junior employees as a resource for knowledge. Where/who do you look, as a senior employee with 2 years of experience, to learn, grow, and develop as an investment professional? Answer: externally.


  4. "Work someplace else preferably"

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

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

    Pros

    -Smart investment consultants. Access to investment managers.

    Cons

    -Middle management model, most were bad
    -Low pay
    -Terrible bonus
    -Not really investment related

    Advice to Management

    Focus on your OCIO business and pay them more. Consulting is a shrinking line of your business.


  5. Helpful (6)

    "IOA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Operations Analyst in Arlington, VA
    Current Employee - Investment Operations Analyst in Arlington, VA
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Your peers, opportunities to engage with top investment management firms, company reputation within the industry. Flextime is great.

    Cons

    Please trust the other reviews for the IOA role. I'm on a team of less than 15 and only 3 or 4 people arent currently looking for new jobs.

    MIG gets treated as a joke within the firm. Other groups don't take us seriously, and department management treats us like idiots (example: training includes a session on How to Write Emails.) Insane micromanagement is the norm. The review calling it adult daycare couldn't be more accurate. Being a Team Leader is nice - if you like having to micromanage every detail of your friends workloads and getting no pay increase. The Assistant Managers are mostly decent but all too scared of higher management to actually advocate for their employees which leaves the floor feeling unappreciated and stuck in a business line that is clearly being phased out. Every single person in the department is covering more work than ever before and doing it at a higher quality, and management's response was? Make it harder to get promoted, so now it takes a minimum of 2 full years to get paid what's considered a starting salary in most Operations groups at other firms. Not to mention the criteria seems to be based more in if your considered a "Chosen One" than your actual work. Once you get that promotion , you basically get pushed out the door, so they don't have to promote you to the next level and pay you a senior analyst salary. If you've been here for over 3 years, it's like watching your own funeral. Responsibilities just slowly get taken away until you give up and move on to another firm.

    Advice to Management

    You hired competent, qualified, college-educated adults. Treat them like that. Create a culture of loyalty make employees feel like they can trust management. Actually talk to your group, everyone's unhappy but no one feels like they can say it.


  6. "Great People, Tough organization"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    You will get to work with smart, well rounded people

    Cons

    Not a terribly interesting role


  7. Helpful (4)

    "Needs improvement"

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

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

    Pros

    Great exposure to investment managers and institutional investing. Investment Associates have the opportunity to attend manager meetings and actually be involved in the discussion. That kind of experience is hard to find elsewhere.

    Cons

    - Pay is substantially below market. Bonus for top bracket barely breaches 2 weeks' pay
    - Work-life balance when you interview vs. when you sign on is very different. Further exacerbated by the low pay
    - Very white, "club culture".
    - Investmemt Associates run the program and are thus susceptible to tribalism. 23/24 year olds should not be making bonus decisions for their peers
    - History of underinvestment in firm resources, especially personnel and technology
    - Limited exit opportunities besides business school and IR

    Advice to Management

    Invest in Imvestment Associates and their supporting teams. They are the lifeblood of the firm. Keep up with the market regarding pay, technology and benefits. Diversity is far behind peers, do more to invest in diverse hires. Management needs to be more visible. Most people do not know their manager. Management needs to be more transparent with decisions and the direction of the firm.

  8. "Poor Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Boston, MA
    Current Employee - 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 co-workers, terrible leadership

    Cons

    Management is non existent, constantly out for lunches happy hours, dinners on Cambridge' s tab. Rarely work 40 hour weeks.

    Advice to Management

    Be present, be an asset, treat your employees like human beings.


  9. Helpful (2)

    "IOA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IOA in Arlington, VA
    Former Employee - IOA in Arlington, VA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Coworkers were really great and really bonded over the poor work environment. The office location is great!

    Cons

    No work-life balance whatsoever. No flexibility. No matter how hard you worked or how well you performed, management was never satisfied. The only reward for doing good work, is getting much more work. Team leads were expected to spend hours of their time tracking edits and errors and creating reports that focus on every little mistake or delay in data entry that their team members made instead of focusing on helping the team as a whole meet that day's goals. Team morale was severely low and the joke was that CA felt like adult day care because of how closely we were monitored and reprimanded.

    Advice to Management

    Respect and appreciate your employees. Treat them like an asset. Show appreciation and trust in your employees by offering a culture more focused on work-life balance.


  10. Helpful (1)

    "Great company to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Cambridge Associates, LLC full-time

    Pros

    Great culture, smart co-workers, great pay and benefits

    Cons

    Sometimes politics gets in the way of getting things done


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