Guggenheim Partners - Working at a Hedge Fund | Glassdoor
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Helpful (2)

"Working at a Hedge Fund"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - General Associate in New York, NY
Former Employee - General Associate in New York, NY
Doesn't Recommend

Pros

They are very attentive to the kitchen area. High quality drinks like Starbucks coffee and Naked fruit smoothies. Office is very well maintained and the social events are hosted at lavished halls.

Cons

The management doesn't seem to create an environment of transparency. They try to compartmentalize the employees in an effort to restrict the flow of information about how the overall company was performing and what were the plans for the projects being worked on.

Advice to Management

The management should take a thoughtful look at their shady actions that in many case contributed to the Economic Crash of 2008.

Other Employee Reviews for Guggenheim Partners

  1. Helpful (6)

    "Toxic Office Politics"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Guggenheim Partners full-time

    Pros

    Pay is relatively stable and transparent, although much lower than "market" . Kitchen used to have good snacks but now is devoid of anything remotely tasty. there is alot of dating that goes on on the floor, unbeknownst to management, creating a distracting political and gossipy environment.

    Cons

    currencies at GPIM are appearances and relationships, rather than merit, curiosity, passion, or actual intelligence. to succeed, try to appear smart according to the existing worldview, but whatever you do, don't be curious or attempt to add a new twist on the existing investment framework - this will result in you getting shut down by those who feel threatened. culture is very fear-based . if you grew up in a rich family but have little innate curiosity or passion, you'll be rewarded here.

    Advice to Management

    Management should seek the truth instead of seeking to confirm their own inherent biases. management should read books that successful investors have written and promote a culture of sharing ideas, transparency, collective growth rather than a fear based culture .


  2. Helpful (1)

    "Investment Banking Associate"

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

    I worked at Guggenheim Partners full-time

    Pros

    -Work on broad range of deals including large public high profile (front page) deals (*see cons)
    -Well established group heads throughout most of the groups (Sr. Managing Directors)
    -Gym in building (but small and not paid for)
    -Continuing to build strong reputation in healthcare (ie Pfizer, Merck KGaA, Allergan, St. Jude) & TMT (Charter+Time Warner ~$110B)
    -Expanding West Coast with LA & SF offices

    Cons

    -Highly limited client exposure relative to average (peers) at other banks
    -Very poor work/life balance and lack of prioritization or push-back from mid-level to seniors stuck in with "this is what we had to go through" mind-set
    -Broad range of deals includes small (to very small) private company deals with very low probability of closing and unrealistically high expectations
    -Analyst & Associate bonuses bound by firm performance and not tied to grup despite consistentl & significant variance in workload from group to group


There are newer employer reviews for Guggenheim Partners
There are newer employer reviews for Guggenheim Partners

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