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Columbia Management Group

Is this your company?

Good people, lousy parent company - Anonymous employee Columbia Management Group Employee Review

3.0
Mar 5, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good culture overall, good people. Good performing funds overall. Lots of product (too much!)

Cons

Ameriprise is a lousy parent company who doesn't really understand the asset management business and thinks very short-term. Columbia inherited a lot of problems from Ameriprise's fund family, so now Columbia is in massive net redemptions and because of this can't pay more than industry average. They also have very generic product line-up and no real brand identity, so I don't see this firm becoming an industry leader anytime soon.

Explore other reviews about Columbia Management Group

5.0
Jan 23, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Long term approach to investing

Cons

Mutual fund structure has drawbacks

5.0
Mar 3, 2013
Recommend
CEO approval
Business Outlook

Pros

The people there are friendly and helpful. From the mail room staff to random associated that I bump to in the elevator, everyone seems to always be in a good mood and willing to help. The internship is one of the best that I have ever had, with plenty of learning potential. They entrust me to do a lot of the work so its not just paper pushing work. They work with a variety of software that might be useful in other companies, like Morningstar Direct. My team are always teaching me new excel techniques and presentation skills. I am allow to sit in on conference calls and meetings with the portfolio managers. The internship is what you make of it and be sure to take advantage of the intellects that make up the company.

Cons

There isn't that much negative to this company. There are some days when I have some down and find myself a little bored, perhaps if they could add some teaching software, interns could have a chance to learn more on the slower days.

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