NISA Investment Advisors Reviews | Glassdoor

NISA Investment Advisors Reviews

Updated October 12, 2017
35 reviews

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3.2
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Jess B. Yawitz
18 Ratings

35 Employee Reviews

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  1. Helpful (1)

    "Great place to work in St. Louis."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst, Client Services in Clayton, MO
    Current Employee - Analyst, Client Services in Clayton, MO
    Positive Outlook
    Approves of CEO

    I have been working at NISA Investment Advisors full-time (More than a year)

    Pros

    -Free breakfast and lunch
    - great company culture
    - lots of opportunities to learn new things
    - gym on-site
    - office is awesome and has standing desks

    Cons

    - living in St. Louis
    - sometimes the work can be boring
    - smaller firm, so opportunities for advancement aren’t readily available


  2. "Operations Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Clayton, MO
    Current Employee - Operations Analyst in Clayton, MO
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at NISA Investment Advisors full-time (More than 3 years)

    Pros

    -Wonderful employees
    -Great benefits (i.e. gym, free breakfast/lunch, happy hours, sponsored events)
    -Casual dress code
    - Great company if you enjoy the field

    Cons

    -Little training
    -Be willing to work some long hours/weeks
    -Not very flexible (can't work from home unless absolutely necessary)
    -Not a lot of room to move up in the company. Everyone at the top has been there for a while and most probably aren't planning to leave any time soon.

    Advice to Management

    More adequate training, more flexibility.

  3. "Fixed Income and Derivatives Intern"

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

    I have been working at NISA Investment Advisors full-time

    Pros

    Ton of learning opportunities.
    Everyone is super helpful
    Free cafeteria

    Cons

    Work can drag on sometimes.

    Advice to Management

    Nothing really to add. Good place to work.


  4. "Great 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 NISA Investment Advisors full-time

    Pros

    Very good management support great work culture

    Cons

    Nothing that I can think of

    Advice to Management

    None


  5. Helpful (7)

    "Analyst, Fixed Income and Derivatives"

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

    I have been working at NISA Investment Advisors full-time (More than a year)

    Pros

    - Salary is okay for St Louis standards
    - Lunch is included in comp (although this is actually a double-edged sword, read below)
    - Good place to grasp the basics of fixed income trading from the buy side perspective
    - If you went to a local college and want to stay local, this is one of the few options to work in finance/trading; if you went to a top school, do yourself a favor and look somewhere else…

    Cons

    - Nisa is an investment firm on the low-cost/passive end, almost an indexer. Don’t expect wonderful career prospects here; the job is essentially writing tickets and running macros.
    - After the first few months, there is little else to learn and the role doesn’t entail much beyond the arithmetic of calculating durations and allocating trades; to be fair, this position is more of a hybrid between middle office and back office
    - Portfolio management analysts are supposed to eat at their desks, with your boss watching you--as some one else here put it. I would rather pay for my food and get an actual lunch break
    - Culture is extremely hierarchical, kind of cult-of-personality regime... creepy.
    - Little training/coaching from the senior people on the trading desk; notoriously, a senior trader was caught publicly saying that he didn’t like to train people because he didn’t want to be replaced… Not cool.
    - High turnover of portfolio management analysts; this just speaks very badly of the firm. I kind of feel sorry for those folks at HR, they can barely keep up with the recruiting to replace all the people that quit.
    - Finally, this is my opinion (though I have heard the same thing from other people on the trading desk): NISA is actually an investment consultant with the facade of asset manager. This means that if you are interviewing here for a job on Client Services/Investment Strategies, you are probably fine. But if you are interviewing for a job on the trading desk, I would definitely not consider it as a serious career option. The ridiculously high turnover of analysts on the trading desk seems to validate this hypothesis.

    Advice to Management

    I doubt he wants any


  6. Helpful (2)

    "FI and Derivatives Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fixed Income Analyst in Saint Louis, MO
    Current Employee - Fixed Income Analyst in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at NISA Investment Advisors full-time (More than 3 years)

    Pros

    Company is seeing a lot of growth. That brings some exciting opportunities. Good benefits and some nice people to work with.

    Cons

    Most people think the pay is reasonable but when you break down your compensation based on hours worked (around 11 a day) they are actually getting you for a steal and are probably paying you equal or less than many other departments.


  7. Helpful (2)

    "Chief Architect"

    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
    Approves of CEO

    I worked at NISA Investment Advisors full-time (More than 5 years)

    Pros

    Very friendly environment good upper management

    Cons

    Working in IT was very political, and not well organized. Most managers in IT micro manage including CTO

    Advice to Management

    Look for a new CTO with experience building IT groups

  8. Helpful (1)

    "Avoid if you have other offers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst, Fixed Income & Derivatives in Saint Louis, MO
    Current Employee - Analyst, Fixed Income & Derivatives in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at NISA Investment Advisors full-time (More than a year)

    Pros

    you learn about fixed income, you get to have your own bloomberg (?)

    Cons

    no coaching, job is quite operational, no transferable skills


  9. "Analyst, Fixed Income and Derivatives"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst, Fixed Income and Derivatives in Saint Louis, MO
    Current Employee - Analyst, Fixed Income and Derivatives in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at NISA Investment Advisors full-time (More than a year)

    Pros

    - Salary is okay for St Louis
    - Lunch is included in comp (although this is actually a double-edged sword, read below)
    - Good place to grasp the basics of fixed income trading from the buy side perspective
    - If you went to a local college and want to stay local, this is one of the few options to work in finance/trading; if you went to a top school, do yourself a favor and look somewhere else…

    Cons

    - Nisa is an investment firm on the low-cost/passive end, almost an indexer. Don’t expect wonderful career prospects here; the job is essentially writing tickets and running macros.
    - After the first few months, there is little else to learn and the role doesn’t entail much beyond the arithmetic of calculating durations and allocating trades; to be fair, this position is more of a hybrid between middle office and back office
    - Portfolio management analysts are supposed to eat at their desks (I would rather pay for my food and get an actual lunch break)
    - Culture is extremely hierarchical
    - Little training/coaching from the senior people on the trading desk; notoriously, a senior trader was caught publicly saying that he didn’t like to train people because he didn’t want to be replaced… not cool
    - High turnover of portfolio management analysts; I kind of feel sorry for those folks at HR, they can barely keep up with the recruiting to replace all the people that quit.

    Advice to Management

    I doubt he wants any


  10. Helpful (1)

    "The job is meh"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at NISA Investment Advisors full-time (More than 3 years)

    Pros

    The perks are good. I can go to the gym everyday and we get free lunch.

    Cons

    I've worked at NISA for a few years. The main drawbacks are most positions lack transferable skills and there's little emphasis on training.


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