Private equity jeopardy within the company! - Anonymous employee Adviser Employee Review

1.0
Jun 21, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Encouraging relationship I formed with my colleagues, who were dedicated professionals and provided a sense of camaraderie within the team.

Cons

The acquisition of Adviser by a private equity firm and the subsequent introduction of a C-suite lacking industry understanding have resulted in a significant decline in the company's acquired counterpart, Polaris, which were once excellent companies before the management changes took place. Current employees face limited career advancement prospects, as the company favors hiring external individuals who are former colleagues or acquaintances of the CEO, neglecting internal talent. I could not take thing TOXIC environment and will NOT recommend anyone here!

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Adviser Response
2y
We respectfully disagree with your characterization of the leadership team, which collectively has more than 125 years of experience in the financial services industry, including RIA, and expertise in transforming, growing, and professionalizing organizations with a client-first focus. We recognize that not all employees thrive in this environment, and we wish you success in the next step of your career.

Explore other reviews about Adviser

5.0
Nov 9, 2022
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

New CEO and senior leaders have brought a refreshing change and focus on strategy and growth. Coworkers are welcoming and collaborative. Candid and open dialogue-culture of transparency

Cons

None that have occurred so far

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Adviser Response
3y
Thank you for sharing your feedback! Our goal is to create an environment where all employees feel welcome and connected with their colleagues and the organization, so we’re thrilled to hear that’s been your experience so far.
4.0
Dec 4, 2025
Recommend
CEO approval
Business Outlook

Pros

Great people Inspiring history Opportunity

Cons

Nepotism Poor communication Toxic culture by leadership

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