Cambridge Associates, LLC Reviews | Glassdoor

Cambridge Associates, LLC Reviews

Updated July 19, 2017
283 reviews

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3.3
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David Druley
21 Ratings

283 Employee Reviews

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Pros
  • Work-life balance is a positive (in 51 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. "Great Start to a Career for 9 Months"

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

    I worked at Cambridge Associates, LLC full-time (More than 5 years)

    Pros

    If you are just starting your career in finance, Cambridge is an excellent spot, at least for a little while. *Note that departments at Cambridge differ widely in culture.

    - You can learn a lot very quickly if you push yourself to keep learning/networking
    - You have access to the best investment managers in the world
    - You will work with intelligent people who are likely of your age group
    - It is nearly expected that you will take one of the financial exams (CFA, CAIA)
    - Exit opportunities include: IR, business school, endowment work, as well as moving to other fields
    - good benefits package

    Cons

    - Pay is tragically low for both the position and the industry.
    - The work becomes dreadfully boring and cyclical after about 2 quarters
    - The department is clearly being downsized due to automation though management is not transparent about it
    - The expectations for career advancement are not only moving targets, but they are undisclosed as well
    - Employee engagement is at a level where even the management team listens to music while they work
    - The department budget is completely secret, but must be shrinking because benefits such as sponsored book clubs and happy hours are long gone
    - All of these contribute to the unusually high turnover rate

    Advice to Management

    - When you do not have any transparency about the budget, but benefits disappear and people are laid off, people notice. Just because no one is telling you, does not mean they don't see what's going on
    - If people are laid off and remaining employees now have additional work to do, it may be a prudent time to show employees that you value them
    - We are a back office of a satellite office in a place with brutally hot summers, why do we need to wear business casual?
    - This is a textbook role for working remotely, which you may consider taking advantage of as a a low cost benefit
    - The high turnover means that it is easy to lose a sense of culture, perhaps help new hires integrate culturally in addition to learning about core work.


  2. "Investment Associate"

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

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

    Pros

    Friendly working environment, collaborative, exposure to investing across different asset classes

    Cons

    Below-market compensation, unclear progression structure, unclear company direction/strategy

  3. "Fine Company to start your career at"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Very good work life balance

    Cons

    the pay is below industry standard


  4. Helpful (2)

    "Investment Operations Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Arlington, VA
    Current Employee - 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 a year)

    Pros

    Everyone around you is a young professional

    Cons

    Low pay. No encouragement towards innovation and risk taking. Promotions work off of how long you've worked at the firm more than the actual work that you produce for the team. Management is very young so may not always know how to run a team effectively and efficiently. Little flexibility in terms of dress code and working hours. Lastly, zero support for career advancement.

    Advice to Management

    If salaries aren't going to increase, employees should at least get more flexibility with their schedules on top of other types of incentives that do not involve money. Also, a lot of employees would appreciate it if management reduced their micromanagement style.


  5. "Amazing group of people"

    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

    I worked at Cambridge Associates, LLC full-time

    Pros

    Generally smart employees, all with an energy and level of enjoyment that made work more tolerable.

    Cons

    The consultants on your accounts 100% dictate the experience you will have.


  6. "Great company with lots of resources. However, it is entirely up to the individuals to take advantage of them"

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

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

    Pros

    Decent work life balance
    Great resources (research publications & sometimes open meetings) for everyone regardless the role within the firm

    Cons

    Sometimes career advancement opportunities are not as clear


  7. Helpful (1)

    "Investment Operations Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Cambridge Associates, LLC full-time

    Pros

    Nice co-workers, clean bathrooms, young office

    Cons

    -Extremely large workloads
    -Intense micromanagement
    -Completely unrealistic expectations from management
    -Unfair reprimanding for not meeting unrealistic expectations and unattainable standards
    -Very low morale from entire team because of treatment from management
    -Zero work/life balance (very hard to make appointments or plans outside of work)

    Advice to Management

    Treat your employees like competent adults and show that you trust and appreciate them. The only reward for good work, is more work. There needs to be more incentive and appreciation, especially when you tell your employees that "40 hour work weeks are unacceptable".

  8. "Investment Associate"

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

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

    Pros

    Great exposure to various asset classes and access to a wide variety of asset managers.

    Cons

    Promotions are not standardized and rely too much on a select few individuals.

    Advice to Management

    Standardize performance reviews on research.


  9. Helpful (1)

    "Top tier in investment consulting"

    StarStarStarStarStar
    Former Employee - Investment Associate in Singapore (Singapore)
    Former Employee - Investment Associate in Singapore (Singapore)
    Recommends
    No opinion of CEO

    I worked at Cambridge Associates, LLC full-time

    Pros

    - Top tier firm in investment consulting; meaningful mission in helping non-profits and other institutional clients invest
    - Good exposure to fund management industry
    - Collegial environment: great team mates, great boss
    - Could suggest new ideas and carry them out
    - Working opportunities in other offices

    Cons

    - Progression
    - Lack of exit opportunities due to niche industry
    - Top heavy firm


  10. "Good company, great people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Performance Analyst in Washington, DC
    Former Employee - Investment Performance Analyst in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Work-life balance is a positive. Plenty of resources and opportunity available to you, but you will need to reach out and take them. Movement within the company is common if you find another business line that interests you more.

    Cons

    Progression is very much "track" oriented.


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