Cambridge Associates, LLC - Great Place..esp for the young and restless | Glassdoor
There are newer employer reviews for Cambridge Associates, LLC
There are newer employer reviews for Cambridge Associates, LLC

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"Great Place..esp for the young and restless"

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

I worked at Cambridge Associates, LLC full-time (More than 5 years)

Pros

Great place to start a career in investment management.

Cons

If you are not coming from a handful of colleges where the company actively recruits, you may find yourself left out of the party.

Other Employee Reviews for Cambridge Associates, LLC

  1. Helpful (1)

    "Great Company to start career"

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

    I worked at Cambridge Associates, LLC full-time (More than 5 years)

    Pros

    Great Benefit Package,
    Depending on position, you have great exposure to investment management from some highly skilled consultants.
    Wide array of tools to develop skills and career.
    Subsidized CFA exam fees, if pass
    Great atmosphere. Steady Work/Life balance.

    Cons

    Low Salary compared to profession.
    Associates do most of work, little to no recognition
    Different personalities, some consultants are better to work with than others
    Company is way behind when it comes to systems and technology.
    Feels as if the firm is very reactionary at time

    Advice to Management

    Employees love the promote with-in structure, but there needs to be a system in place to allow investment professionals to stay with CA and be promoted to next tier.


  2. Helpful (5)

    "Great culture/learning opportunities, but non-competitive salary for hours demanded"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Consulting Associate in Boston, MA
    Former Employee - Senior Consulting Associate in Boston, MA
    Recommends
    Negative Outlook
    Approves of CEO

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

    Pros

    -Culture is great--firm-wide outing, good benefits (vacation time is generous), friendly team-centric atmosphere
    -Lots of young people in associate/analyst roles makes for a social firm
    -PD is highly encouraged--opportunity to attend and present at client meetings early on, business schools present at the office, attending manager meetings is encouraged and open to all
    -Opportunity to learn about all asset classes and work on many different client types
    -Associates who want to go onto business school get into top ten schools regularly and the CA name is well known and respected, at least in Boston

    Cons

    -The salary is not competitive in the finance or consulting industries, and while the entry level salary is okay, the promotion increases and bonuses are basically non-existent which can be demoralizing
    -While the Associate group is very social and bonds quickly over the long hours, at times morale can be low among the group because the pay is really not commensurate with the hours expected and frustration breeds
    -Promotions are decided by "peer" leaders, who read the feedback from the consultants you work with and then summarize it and present it to you. This quickly becomes a popularity contest and puts an unnecessary "middle man" in the feedback loop.

    Advice to Management

    -Increase the pay jump for the promotion between Consulting Associate and Senior Consulting Associate
    -Recognize that burnout is a real threat to providing high quality service to our clients, and don't trim the number of Associates when you think about tightening the budgets--a small trim makes a real negative impact on the group and on our work/life balance
    -Don't cut the auxiliary team opportunities as Associates are more in demand on client work--this is a major recruiting draw for undergraduates coming out of college and is valuable to both their PD and the firm, as they provide marketing, Excel, Recruiting, etc. support

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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