Cambridge Associates, LLC - great company, mediocre 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 (1)

"great company, mediocre job"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Investment Performance Associate
Former Employee - Investment Performance Associate
Doesn't Recommend
No opinion of CEO

Pros

- great company reputation and interesting field of work
- straight 8 to 5 work days
- fun people

Cons

- poor pay
- very little collaboration between investment performance associates and consultants
- back office work
- monotonous work that resembles data entry
- very little effort by management to make staff happy
- no on going training

Advice to Management

Be creative in making sure your employees are happy - including increasing pay. Promote collaboration between divisions.

Other Employee Reviews for Cambridge Associates, LLC

  1. Helpful (1)

    "Good First Place to Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consulting Associate
    Current Employee - Consulting Associate
    Recommends
    Approves of CEO

    Pros

    Cambridge really gives you a bird's eye view of the investment world. You get great exposure to portfolio managers across all asset classes, as well as to many different kinds of clients.

    The skills you learn are very useful if you want to work in the non profit world.

    Cons

    All entry level people complain about pay... but I do feel that the expectations of the job do not align with the incentives.

    Your client list dictates your experience and it is basically decided at random. You could have great consultants and clients with interesting work... or you could be staffed on accounts with crazy requests and unreasonable goals.

    Advice to Management

    Pay the entry level CAs more money by offering higher year end bonuses based on performance.

    Pay more attention to riskier assets/investments

    slim down some of the older departments that don't really accomplish anything anymore.


  2. Helpful (2)

    "Compensation is horrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Consulting Associate
    Current Employee - Senior Consulting Associate
    Doesn't Recommend
    Approves of CEO

    Pros

    Work with interesting clients and consulting teams that will push you to learn a lot over the first year. After 12 months you should be able to speak intelligently about most aspects of investing and will have several good stories to share in interviews.

    Cons

    The pay is embarrassing, especially considering how many 70-80 hour weeks you'll work. Another big problem is that most of the recruiting, training, and consulting associate management is run by your peers so it's more or less a joke. You'll be reviewed by someone who was doing the exact same thing you were 6 months ago, so the opportunity to really get feedback or move up/negotiate doesn't exist. It's also worth noting that CA doesn't believe in firing anyone, so there is a lot dead weight lurking around corner, so beware if you're intelligent and good at your job you'll be rewarded with high priority clients that take more of your time, but you won't be compensated.

    Advice to Management

    Fire all the secondaries, and hire bright hungry kids as CAs who after 2 years could take the decision to go to B-School or act as a secondary...also, trim the fat.


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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