Cambridge Associates, LLC Reviews | Glassdoor

Cambridge Associates, LLC Reviews

Updated June 22, 2017
278 reviews

Filter

Filter

Full-time Part-time

278 Employee Reviews

Sort: Popular Rating Date

Pros
  • Work-life balance is a positive (in 50 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. Helpful (6)

    "Back-stabbing culture"

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

    I worked at Cambridge Associates, LLC full-time

    Pros

    Good compensation for the hours, great location in Boston, as well as all of the perks of your typical consulting firm.

    Cons

    Horrible management team, focused only on keeping their middle management perks. Zero interest in maximizing career opportunities for existing employees. Firm recently fired its president and is re-building from the ground up.


  2. "Great clients and people"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

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

    Pros

    Very stimulating from intellectual standpoint and review of all asset classes

    Cons

    Some difficult personalities but for the most part great people


  3. Helpful (2)

    "Administrative Assistant"

    Star Star Star Star Star
    Current Employee - Administrative Assistant in Boston, MA
    Current Employee - Administrative Assistant in Boston, MA
    Approves of CEO

    I have been working at Cambridge Associates, LLC full-time (More than 5 years)

    Pros

    Good vacation time, benefits and learning opportunities.

    Cons

    Currently in the midst of a reorganization,


  4. "Investment Performance Analyst - Performance Reporting Group"

    Star Star Star Star Star
    • 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
    Positive Outlook
    Approves of CEO

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

    Pros

    - Young, collegiate environment
    - Exposure to Investment Directors/upper management through client relationships
    - Time management and communication skills developed in the role
    - Management does a good job of letting you manage your own work flow
    - Management will work with you to develop the skills you need to get to where you want to go next (inside or outside CA)
    - Good work/life balance

    Cons

    - Starting salary is low
    - Work can get boring if you do not work with management to seek out growth opportunities
    - The career path, although it has improved over the past year, still does not offer a ton of variation in work from position to position as you move up through the department

    Advice to Management

    Over the past year the management team has helped to make the department run much more smoothly and taken the time to put into place a new organizational structure. It was frustrating to work through these changes, but I think the department is now set up for success. My advice to management would be not to get complacent and make sure things keep moving forward as they are set out to now.


  5. "Great position at a great firm"

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

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

    Pros

    Strong team culture in MIG and C|A as a whole. Very supportive, friendly, and intelligent people. Work-life balance is fantastic for the financial services industry, and coming out of college, I learned a ton and formed very strong relationships. Access to C|A's research and investment data for learning purposes. Many opportunities for personal and professional development. Management is very open to helping you get where you want to go if you work hard, many times within the firm.

    Cons

    Technology at the firm was frustrating at times, but is improving. Work-cycle can be repetitive and sometimes grueling but that is expected in an operations role of any kind.

    Advice to Management

    Focus on keeping operations tight, but also make it a fun atmosphere that promotes learning and collegiality. Needs to be a balance.


  6. Helpful (4)

    "Review of Associate Role"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consulting Associate in Boston, MA
    Former Employee - Consulting Associate in Boston, MA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Cambridge Associates, LLC full-time

    Pros

    - Great People, and strong academic culture for those interested in learning more about investments.
    - Good benefits (401k, Insurance, PTO)
    - CFA Reimbursement / Top-Notch grad school opportunities make the Associate experience a great career-starter.

    Cons

    - Lower than average comp for hours worked has resulted in higher turnover at the Associate level. It also (seemingly) strains recruiting efforts, as top candidates go to better-paying firms.
    - Experience on the consulting side is 100% determined by the Directors you are staffed on clients with.
    - Little motivation to outperform; top performers are simply given more clients and eventually burnt out by overstaffing.
    - Management is slow-moving on strategic decision-making and seems uninterested in having a transparent discussion about the direction of the firm. The last Glassdoor review that constructively assessed these misalignments was promptly deleted. I think this speaks to the attitude of those at the top.

    Advice to Management

    - Hire more employees at different entry levels (ex] hire from outside rather than simply promote from within)
    - Recognize that it will be an upward battle to continue to retain talent if compensation packages remain where they are.


  7. Helpful (2)

    "Fantastic culture of learning and teamwork. Could not have asked for a better first job out of college with MIG ."

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

    Pros

    Collegial not but not overly competitive, haven't come across one person in the firm that isn't willing to help. Opportunities for leadership become available quickly if you go above and beyond. Interesting internal financial resources at your disposal. Promotion cycle is quarterly so individuals can move up quickly within the Manager Information Group. Great work/life balance, flex hours and working remotely become options as you become more tenured. The hours are great, and the company offers sports, community service, and interesting speakers and project teams. MIG is full of motivated, friendly, humble, fun individuals, 1-4 years out of college. Great first step into the professional world, and a high-level introduction to institutional investing, research, and operations.

    Cons

    Work does become repetitive after some time, and the content is not extremely challenging. The culture within MIG does consist of a bit of micro-management, which is expected with data entry and request-based work. After 1.5 years in the role, there isn't much to learn beyond expanding leadership capabilities, so individuals have to seek out additional reading/resources if they want to really expand their financial knowledge beyond the assigned core work.

    Advice to Management

    Help the department feel more connected to the firm at large by exposing them to individuals and resources outside of the Manager Information Group. While quality and timeliness is important, individuals have a hard time understanding why their work is important because it is so focused on data entry and MIG-specific goals.
    Otherwise, I have only had positive experiences with management. They have made huge improvements over the past few years to improve the department and make their employees happier, and it shows.


  8. "Senior Performance Reporting Analyst"

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

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

    Pros

    Great Culture, Collegiate Atmosphere, Perfect place to start a career in finance, Lots of opportunity for advancement, lots of vacation time, great work-life balance, team environment.

    Cons

    Do not be confused, this is an operations role. If you are looking to be on the front lines, the investment associate role may be a better place to start your career.

    Advice to Management

    Provide more outlets and opportunities for collaboration and team building. Take advantage of the team environment and go above and beyond to make sure that your analysts are enjoying their jobs.


  9. "Great place to start a career"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consulting Associate in Boston, MA
    Current Employee - Consulting Associate in Boston, MA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    the people, the research, the ability to meet with industry leading investment managers

    Cons

    pay relative to hours worked is not competitive. develop plenty of soft skills but few hard skills.

    Advice to Management

    pay more or hire more to decrease the analyst-level workload


  10. "Awesome firm, great job right out of college or 1-2 years experience..."

    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
    Positive Outlook
    Approves of CEO

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

    Pros

    Great culture and values. Great management. Great learning opportunities. Will offer tuition assistance to pursue certification or charters such as CFA, CAIA, GMAT, LSAT, etc. Incredible work/life balance. Management really cultivates entrepreneurial environment where you can come to them with ideas for projects, teams, improvements and they will partner with you and give you reigns to implement those changes if they agree on the value add. Great job for right out school. Very collegial environment and most colleagues are within 0-6 years out of college. Incredible access to subscriptions and proprietary research on capital markets and alternative assets/active long-only manager research. Relatively easy to move to other departments within firm if you see yourself in other career path. If you are MBA bound, this is definitely the place for you. MBA programs love this firm! We frequently send off employees to top 10 MBA programs. Loved working hear.

    Cons

    If you want to move to consultant level, you pretty much have to get MBA first. Unfortunate that you have to leave firm to advance, but goes to show how much they value advancing your acumen to better serve their incredible client base.

    Advice to Management

    Keep it up. Continue to expand the professional development programs centering on knowledge development for various asset classes.


Showing 278 of 289 reviews
Reset Filters