Cambridge Associates, LLC - Fantastic First Job | Glassdoor
There are newer employer reviews for Cambridge Associates, LLC
There are newer employer reviews for Cambridge Associates, LLC

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Helpful (2)

"Fantastic First Job"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Senior Consulting Associate in Menlo Park, CA
Former Employee - Senior Consulting Associate in Menlo Park, CA
Recommends
Approves of CEO

Pros

Great people, collegiate work environment, very intellectually stimulating, great opportunities post Cambridge, opportunity to meet a lot of the best money managers in the world.

Cons

Lower than industry pay, top performers not rewarded, lots of dead weight, progress is slow, small bonuses, don't try hard enough to keep their top associates.

Advice to Management

Try harder to retain top talent in both the associate and consultant levels. I think a lot of talented people end up leaving because the pay and promotion schedule isn't catered to the top performers.

Other Employee Reviews for Cambridge Associates, LLC

  1. Helpful (1)

    "Great Firm, Good Work, Poor Pay"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consulting Associate in Boston, MA
    Current Employee - Consulting Associate in Boston, MA
    Recommends
    Approves of CEO

    Pros

    - Opportunities for personal and professional growth
    - Brilliant Consultants/MD's always available to explain rationale or investment philosophy
    - Unrestricted access to clients, managers, etc...

    Cons

    - Base pay is very low
    - Bonus structure doesn't lend itself to inspiring above-and-beyond performance
    - Hours can be grueling at times

    Advice to Management

    Cambridge Associates is a well-managed firm. CA's work hard and put in the effort to differentiate Cambridge from its competitors. That hard work and aptitude should be rewarded with a pay structure more in line with the industry norms.


  2. Helpful (4)

    "Pick this job if your idea of finance is data entry."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Performance Associate in Arlington, VA
    Current Employee - Investment Performance Associate in Arlington, VA
    Approves of CEO

    Pros

    -Great company.
    -Excellent name, especially with Grad schools.
    -You can make the job sound better than it is.
    -The knowledge that other departments do really cool work.
    -Department is great if you love data entry.
    -Company pays for CFA exam and most of the cost for materials (if you pass)

    Cons

    -Extraordinarily boring work, and it never really gets a lot more interesting: As an associate you enter data. As a senior associate you oversee four people entering data and perform lots of admin tasks. As an analyst you proof associates' data entry.
    -Investment Performance reporting group is a pariah department in the company.
    -Internal transfers technically require 13 months, but in reality you'll need 24-30 months to be -looked at.
    -Poor department management.
    -Excessive busywork, lots of admin.
    -Young, inexperienced managers.

    Advice to Management

    Keep up the good work with the company as a whole. Give the Investment Performance Reporting department some more love, even if it isn't a profit center.

There are newer employer reviews for Cambridge Associates, LLC
There are newer employer reviews for Cambridge Associates, LLC

See Most Recent

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