Fortress Investment Group Reviews | Glassdoor

Fortress Investment Group Reviews

Updated July 3, 2017
70 reviews

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3.6
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Randal A. Nardone
31 Ratings

70 Employee Reviews

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Pros
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  1. Helpful (4)

    "Hate it"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    the money is good..if your love for money outweighs your self-worth come here to work

    Cons

    stressful environment due to political nonsense and bally hoo

    Advice to Management

    None, I doubt they'd listen


  2. Helpful (2)

    "Drawbridge Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    No opinion of CEO

    Pros

    Great flexibility and great experience.

    Cons

    Low pay with lots of hours.

    Advice to Management

    Increase pay to interns to increase motivation.

  3. Helpful (2)

    "Great experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Approves of CEO

    Pros

    Very involved and active work environment. A lot of deals pass by your table so you get to acquire an insight into different market cap, sector etc . companies and different valuation and financing methods.

    Cons

    Not very organized and 'one firm' culture is not implemented that well. Different parts of the company ( private equity, hedge fund etc...) are mostly treated as separate entities even when they could be leveraging each other.

    Advice to Management

    In junior levels leadership and mentorship program is adequate . - can be better.
    ALso because it is a public company sometimes it is hard to judge senior managements interests.


  4. "Like the people, but excessive turnover"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    No opinion of CEO

    Pros

    Reasonably flexible investment approach, people willing to get creative. There are a number of very smart individuals, not all, but most.

    Cons

    A little unstable, can make jerky reactions to markets and major strategic changes based on temporary market conditions. I was satisfied with my pay package but have heard from a lot of people who weren't.

    Advice to Management

    Make it a more consistent environment. Turnover is a killer for a business like this, keep your strongest performing employees, don't lose them over a few dollars of comp, continue to prune the weeds like you do.


  5. Helpful (2)

    "Great money, but where did my soul go?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in Irving, TX
    Current Employee - Project Manager in Irving, TX
    Positive Outlook
    Approves of CEO

    I have been working at Fortress Investment Group full-time (More than 5 years)

    Pros

    MONEY, bonuses etc. Great access to the latest technology. Company spares no expense to do things efficiently.

    Cons

    Long hours, cut-throat corporate environment, lack of civic responsibility. Not family-friendly.

    Advice to Management

    Money isn't everything.


  6. Helpful (3)

    "Fortress is a great place to grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Fortress Investment Group full-time (Less than a year)

    Pros

    Firm is increasing its AUM

    Cons

    Hierarchical, though people say it is not. Hard to get promoted
    Firm grew too fast too quickly
    Lack of IT infrastructure

    Advice to Management

    Reward your people.


  7. Helpful (2)

    "Satisfied, but no career growth."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Desktop Support Specialist in New York, NY
    Current Employee - Desktop Support Specialist in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Fortress Investment Group full-time (More than 5 years)

    Pros

    Ability to wear many hats.

    Cons

    Pigeon hold into one position.

    Advice to Management

    More training. Career path.

  8. Helpful (3)

    "Extreme micromanagement"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Fortress Investment Group full-time (More than 3 years)

    Pros

    Reputable well diversified hedge fund and the pay is pretty good. Working hours are decent, exposure to various credit investments.

    Cons

    Poor management and governance. No autonomy or scope for career growth. Extreme micromanagement and red tape. No appreciation for one's work. No morale boosting.

    Advice to Management

    Trust your team to be responsible enough to complete the given task by the deadline, instead of sending constant annoying reminders and follow ups. Appreciate and recognize good work which boosts morale.


  9. Helpful (3)

    "Stifling"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative in New York, NY
    Current Employee - Administrative in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Fortress Investment Group full-time (More than 3 years)

    Pros

    The benefits are great, and the pay isn't bad.

    Cons

    You will never get promoted and your ideas will be ignored. No one in a position to care about your career does anything to help further you along. HR department is unproductive for employees.

    Advice to Management

    Pay attention to mid management. They are pouring poison on the fruit vine.


  10. Helpful (1)

    "Excellent place to work!"

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

    I worked at Fortress Investment Group full-time

    Pros

    Great people, compensation and environment. Executives work as hard as they expect everyone else too which is great to see.

    Cons

    Be prepared to put your time in but if you do you will be well compensated.

    Advice to Management

    Keep doing what you do.


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