Guggenheim Partners Reviews

Pros

Culture is set from the top down - analyst class gets along very well

Cons

Unsure of economic conditions moving forward

Pros

Decent pay, really nice administrative staff, good benefits.

Cons

Senior management really is awful. From Expense Management to the Management in Investment banking. There were many times I experienced microaggressions. And many bankers say little with their words but are loud with their actions in showing discrimination. The worst part of it is, the people who created the firm, are all in this together and have been in Wall Street for a very long time. There's really not much anyone can say, that will change management. Your only choice is to ultimately leave for a better culture. As an administrative assistant, you most certainly will not be seeing any sort of advancement from your career - you will 100% be pigeonholed. HR is absolutely not in your corner either. Every place has its pros and cons; it's just truly disheartening that Guggenheim doesn't care about its administrative staff that much, to learn how to be less discriminatory. Also, lots of gossip and micromanagement. Just do yourself a favor and choose someplace else.

Pros

Everyone is super helpful and willing to provide support when asked, and some of the projects are genuinely very interesting.

Cons

The work can sometimes get a bit monotonousp

Pros

Smart people who will mentor you

Cons

Can be long hours and weekend work

Pros

One of the best culture in banking; work hard play hard; respectful of PTO and time off; collaborative and respectful work environment

Cons

Can't think of any downside

Pros

Growing relatively quickly and has a better rep now

Cons

It’s very political over there

Pros

Work Life Balance Smart People Small Company Feel

Cons

Was getting too big, not enough communication from management. Bonuses always delayed, over-promise and under-deliver.

Pros

I love a lot of the junior level people that work at Guggenheim. For the most part everyone is pretty great and works together to get things done. Everyone is in the same boat where we know how difficult the working environment can be so everyone is very supportive of each other. Also, the compensation is great but it isn't worth it based on the way people are treated. The entire management of the Firm should be forced to read "The No A**hole Rule: Building a Civilized Workplace and Surviving One That Isn't"

Cons

Management and senior personnel are awful. Nobody adheres to established SLA's and want everything dropped for them. There are countless times where urgent fire drills pop up that require late nights and neglecting the rest of your work (and family/life)...only to never materialize into anything beneficial for the Firm or the team. The culture is awful because all the decision makers kiss up and sh*t down. Lately promotions are sporadic and come with no pay raise. Bonuses aren't communicated until about a day or two before they hit (and sometimes aren't until late April or May). There are also times where if a manager leaves and is replaced by a senior team member that person will not receive commensurate pay. They will have all the responsibility of the former manager for a year or more as a testing period before they are granted the title and pay promotion. The turnover for the past 3-4 years has been awful...to the point that the Firm is losing new business because of it. But management doesn't seem to care. It almost seems intentional at this point.

Pros

Good culture, good deal flow

Cons

Can be very busy at times

Pros

Analysts are given great experience and responsibility with the proper guidance to be successful

Cons

The analyst program is 3 years in most cases