MPI - Business Valuation & Advisory - Great small firm to work at, but limited career growth and exit opportunities | Glassdoor
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There are newer employer reviews for MPI - Business Valuation & Advisory

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Helpful (2)

"Great small firm to work at, but limited career growth and exit opportunities"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Financial Analyst in Princeton, NJ
Former Employee - Financial Analyst in Princeton, NJ

Pros

Small firm feel, colleagues are respectful and helpful, princeton new jersey is a good place for new families. Individual effort is really visible and senior management can recognize and applaud superior performance. Recent infrastructure overhaul and focus on long term growth of company is a good sign. Everyone has a change to give input and contribute to larger company decisions. Privately held company with profit sharing package for upper level management. Good transparency between different pay-grades. Relaxed but focused atmosphere creates a good environment for over-achieving. Many employee events for moral and work breaks during the year. Decent postgraduate pay.

Cons

The business is somewhat commoditized, and the day to day assignments tend to be somewhat of a chore. Proprietary models could use improvement, and the nature of the tax consulting business for clients opens up many potential conflicts of interest that have resulted in MPI having to defend its valuations for hedge funds and private equity groups obviously set up with multiple entities to evade taxation and violate the spirit of the law. The recent branching out of MPI's business to serve investment banking needs is somewhat trivial and not a core competency that can add value to the company. The small size and limited scale of operations does not create many attractive exit options. Princeton NJ is not known for its financial centers, although there are many hedge fund groups in the area. The city is not too favorable for younger workers who prefer the atmosphere of new york city, which is nearby

Advice to Management

As a growing practice, there are several issues with regards to retaining talent that the human resources needs to address. Offering more competitive packages would go a long way to make sure that new talent does not leave after a few years to pursue more lucrative opportunities

Other Employee Reviews for MPI - Business Valuation & Advisory

  1. Helpful (6)

    "Underwhelming Place to Work, No Advancement Opportunities"

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

    I worked at MPI - Business Valuation & Advisory full-time (More than 3 years)

    Pros

    MPI has many very intelligent individuals working at the company. As a young employee, there is a great opportunity to learn from them. MPI conducts valuations for many different types of companies, so employees can learn a great deal about different types of industries and business procedures. One of the best and most exciting aspects of working here is performing on-site due diligence and communicating with upper management of clients.

    Cons

    Much of the work becomes very repetitive, tedious and somewhat mindless. The company's revenue has been stagnant for several years and there is not very much room for growth. Management tends to treat junior-level employees as drones, most likely due to the fact that upper management and successors are pretty much set in stone for the next 15-20 years. Between the latter, lack of future growth opportunities and very obvious favoritism within the company, there is almost no ability to advance within MPI.

    Despite all of this, if an employee chooses to leave the company and pursue other opportunities, upper management seems to take it as a personal sleight. Upper management is also unnecessarily and bizarrely secretive about many things, including fairly inconsequential items. Furthermore, their interactions with one another often resemble the movie "Mean Girls."

    Advice to Management

    Become more transparent. Show greater appreciation for employees and create better advancement opportunities.


  2. "Overall Review"

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

    I have been working at MPI - Business Valuation & Advisory full-time

    Pros

    The depth of knowledge and experience of senior staff is incredible. Junior analysts can always find support and ask for guidance from senior staff. The entire team works very well together.

    MPI has a national presence and works on a wide variety of highly interesting cases. The work is rarely the same from day to day and the client interactions are priceless.

    MPI has a strong brand and presence in the marketplace; clients know they will get a high quality product and great service. MPI has operated for 77 years as an independent firm and is nationally recognized.

    Small company culture means that all employees have access to management; there is a never-ending amount of opportunities for personal and professional growth; there is no bureaucracy and very few politics involved; and once analysts are seasoned they get to run as leads on many client projects and take ownership of a significant client list.

    Compensation rates are highly competitive. If you demonstrate the ability to do complicated work, continue to grow and are productive, you can earn significant bonuses and annual increases in pay.

    Cons

    Some senior staff are stretched thin, but this is improving.
    The time commitment is significant, but rewarding, and there are seasonal waves.

    Advice to Management

    The current trajectory is very appealing.


There are newer employer reviews for MPI - Business Valuation & Advisory
There are newer employer reviews for MPI - Business Valuation & Advisory

See Most Recent

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