AllianceBernstein - Great Experience | Glassdoor
There are newer employer reviews for AllianceBernstein
There are newer employer reviews for AllianceBernstein

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"Great Experience"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Assistant Vice President in New York, NY
Current Employee - Assistant Vice President in New York, NY
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I have been working at AllianceBernstein full-time (More than 3 years)

Pros

Lots of bright people
Lots to learn early in career

Cons

Business is not diversified
Lots of turnover
Morale at all-time lows
Lacks culture since turnover of Lew Sanders
Lots of arrogance
Not much opportunity for younger people

Advice to Management

Performance needs to improve across strategies. That's all there is to it.

Other Employee Reviews for AllianceBernstein

  1. Helpful (1)

    "Lots of politics, below average comp, not innovative"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Software Developer in New York, NY
    Former Employee - Software Developer in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at AllianceBernstein full-time (More than a year)

    Pros

    Cafeteria has great selection, and well stocked kitchen, hours are good

    Cons

    Constant layoffs, below average pay, too much politics - not much room for growth as promotions are given to politics, no real defined roles in technology, backbiting in tech, behind the times in terms of tools and languages, company doesn't have innovative tools and builds on 8 year old technology

    Advice to Management

    Find a direction and communicate to staff, be open to innovate and integrate new technology


  2. Helpful (4)

    "Little to no career development"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Private Client Associate in Washington, DC
    Former Employee - Private Client Associate in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at AllianceBernstein full-time (More than a year)

    Pros

    Normal and consistent business hours
    Sponsorship of FINRA licensing exams: Series 7, 63, etc.
    Team environment
    Exposure to a wealth of research reports, economic data, and analysis
    Ability to develop relationships with senior personnel as well as external clients
    Wonderful marketing and networking events

    Cons

    Pay is below market
    Non existent career development
    Rumors of inner-office relationships with superiors
    Often treated poorly by clients
    The Company's funds & stock picks performed terribly during the financial crisis

    Advice to Management

    I haven't been with AB for over 2 years, but I hear that it has continued to decline with layoffs, low morale, and poor performance. Leadership starts at the top, and P Kraus doesn't exactly inspire a lot of confidence. This then trickles down to senior managers who were more focused on keeping their jobs during the leadership transition than they were about performance and employee morale.

There are newer employer reviews for AllianceBernstein
There are newer employer reviews for AllianceBernstein

See Most Recent

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