Cambridge Associates, LLC Reviews | Glassdoor

Cambridge Associates, LLC Reviews

Updated October 15, 2017
291 reviews

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291 Employee Reviews

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Pros
  • work life balance was very strong (in 52 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)

  • Manual data entry can be tiresome (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    Technology is outdated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. Helpful (1)

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

    StarStarStarStarStar
    • 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.

  3. "Performance Reporting Group"

    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
    Approves of CEO

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

    Pros

    Excellent health insurance, good name to have on your resume

    Cons

    Low compensation relative to the rest of the industry, not many options for career development, lack of career advice/development for entry level employees. The work is also very repetitive and very cyclical. The firm is extremely compartmentalized which results in confusion/tension between departments

    Advice to Management

    More transparency between departments, understand that for most Junior Associates it is their first job out of college and they may need advice/guidance even if they don't explicitly ask for it.


  4. "Investment Performance Analyst"

    StarStarStarStarStar
    • 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.


  5. "Intern"

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

    Pros

    Really invested in personal growth. Women very integrated in leadership roles.

    Cons

    Your team depends on your career growth


  6. "Great name recognition, interesting job"

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

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

    Pros

    Cambridge is the top institutional investment advisor in the US (and possible the world), that name recognition it itself is priceless. But the firm is really focused on employee development and engagement as well which makes for a great combination.

    Cons

    The position of performance reporting can be a bit repetitive, but the exit opportunities that come from the job make up for this. Most people go on to work for a top investment firm or go to a top 20 MBA.

    Advice to Management

    Higher salary for entry level, salary becomes competitive after first promotion at 6 months. But those first 6 months can be disappointing when it comes to salary. Although, overtime is a nice pro when it comes to salary.


  7. "Good Place to spend a few years after school"

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

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

    Pros

    Collegial atmosphere, easy workload, little overtime

    Cons

    Not a lot of room for vertical growth after 3 or 4 years. Not a lot of transferrable skills.

  8. "Junior Investment Performance Associate"

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    The company is filled with nice people. You have the opportunity to plan out your own day. Management is really nice. Not much room for growth.

    Cons

    you have to work long hours at times. They expect you to stay late when a client needs something regardless of what time it is. Work is VERY repetitive. At first things seem nice but then you see how things really are. My advice stay away unless you want to work long hours, get anxiety and give up your personal life.

    Advice to Management

    Dived work load


  9. Helpful (3)

    "Solid Job for Starting your Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Performance Analyst in Arlington, VA
    Current Employee - Investment Performance Analyst in Arlington, VA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great place to work right out of college! The Performance Reporting Group is young and the company values having coworkers involved and having friends at work, often sponsoring happy hours and events for bonding. Decent pay for a position straight out of college.

    Cons

    Not a lot of room to grow. There are four promotions and then you're done, which means a lot of turnover in the department. Managers don't get any training and since I've started we went from three managers to seven - there's definitely a worry of over-management happening. Don't get me wrong- the managers are super nice and good to work with, but really just aren't qualified for the job of helping you gain direction or get decent feedback.

    Advice to Management

    Cut it out with adding new managers. If you're promoting unqualified people to be managers to keep them from leaving the company maybe you need to restructure the promotions available without just deciding everyone we like can suddenly manage people - something incredibly different from the technical work we do in the department.


  10. Helpful (1)

    "Good entry level position"

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

    Pros

    Strong entry level position with growth opportunities. Management is open and willing to discuss career progression. Teaches good transferable skills.

    Cons

    Meritocracy versus tenure based which can lead to lack of understanding on progression


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