Custom House Global Fund Services - Great entry level company to learn the financial services industry, but this is just a job, not a career path company. | Glassdoor

Find your next job here

There are newer employer reviews for Custom House Global Fund Services
There are newer employer reviews for Custom House Global Fund Services

See Most Recent

"Great entry level company to learn the financial services industry, but this is just a job, not a career path company."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Fund Accountant in Chicago, IL
Former Employee - Fund Accountant in Chicago, IL
Doesn't Recommend

Pros

Custom House is a good place to work as an entry level position. You will learn a lot about the hedge fund administration and financial services industries. The working environment is very causal and the majority of employees are young (recent college grads). Vacation time is excellent and the working week is only 37.5 hours per week.

Cons

-There is very little room growth within the company without working there for years, with little increase in pay once an promotion is given
-The job gets very routine as you will be completing the same work month after month, and after some time you will not be challenged by the work
-Training is on the job and employees are not really explained "why" things are done, but "how" they are done. This leads to problems down the road as employees lack the skills to communicate basic financial terms and information to its clients and auditors
-There is an extreme lack of communication from the top down
-The pay is low compared to other companies of the same industry
-A lack of new clients brings to much free time, management does not give its employees additional work or training to fill this time. Boredom sets in and most employees fill there time by taking hourly smoke breaks or Starbuck runs; anything to kill as much time as possible. Internet is limited to financial and banking websites only

Advice to Management

Train and teach new employees about the company and the fundamentals of the hedge fund administration industry. Upper management needs to more open about what is happening in the company so its employees actually know what is going on within the company it works for. Cross training in various departments will help its employees understand all concepts of the company. Challenge and reward its employees will make people feel like they are appreciated.

Other Employee Reviews for Custom House Global Fund Services

  1. "Sad people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

    Pros

    International exposure, nothing else

    Cons

    One of the most unhappy companies I have seen in my life.
    Everyone just waiting to finish their jobs and go home. Extremely sad faces in the mornings.
    Very high staff turnover, no training, no real company culture, really bad management interactions.

    Advice to Management

    Ask yourself why people are constantly leaving and why you don t see happy people in the offices.


  2. Helpful (4)

    "Too many bad things"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Singapore (Singapore)
    Current Employee - Fund Accountant in Singapore (Singapore)
    Doesn't Recommend
    Negative Outlook

    I have been working at Custom House Global Fund Services (More than 5 years)

    Pros

    Nice people and work life balance (no work to do!)

    Cons

    too many bad things here.
    -No room to growth,5 years still FA.
    -Dirty politics
    -Favoritism

    Advice to Management

    Don't think they will listen. They never listen. Next time, don't wasting your money/time conduct employee survey if you wont change anything.

There are newer employer reviews for Custom House Global Fund Services
There are newer employer reviews for Custom House Global Fund Services

See Most Recent

Work at Custom House Global Fund Services? Share Your Experiences

Custom House Global Fund Services
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or