Neuberger Berman Reviews in Chicago, IL | Glassdoor

Neuberger Berman Chicago Reviews

10 reviews

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Chicago, IL Area

2.1
Star Star Star Star Star
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
5 Ratings

10 Employee Reviews

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Pros
  • small teams, flat management, good exposure, work life balance is amazing (in 27 reviews)

  • Above average compensation, but great benefits, bonus etc (in 11 reviews)

Cons
More Pros and Cons

  1. Helpful (5)

    "Senior Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Glen Ellyn, IL
    Former Employee - Senior Vice President in Glen Ellyn, IL
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Neuberger Berman (More than 5 years)

    Pros

    independent asset management firm focused on helping clients meet their unique investment objectives; strong investment culture; relatively flat organizational structure

    Cons

    some change to the overall culture, leading to a more corporate feel versus the prior partnership feel; investment results challenged in the market environment post-2008


  2. "Great company to work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Chicago, IL
    Former Employee - Loan Officer in Chicago, IL
    Recommends

    I worked at Neuberger Berman (Less than a year)

    Pros

    Very friendly, helpful associates. If you can work with/for Dennis Ainger, Sr VP Legal Counsel and Compliance it would be a joy to come to work everyday.

    Cons

    There is nothing negative I can add about this company

    Advice to Management

    Stay just as you are.


  3. Helpful (4)

    "Worst company to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Developer in Chicago, IL
    Former Employee - Developer in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Neuberger Berman full-time

    Pros

    No positive point here. I worked here 6 years in IT Chicago office.

    Cons

    Worst company to work for as a IT guy. Blood sucking company and long working hours. Bring your buddy to work culture in Chicago IT office. They will force you to give them 5 stars in employer reviews.

    Advice to Management

    Outsource IT to India /NY office . You don't need Fixed income IT team. Shut it down asap.


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  5. Helpful (6)

    "Not a good company to work for."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Chicago, IL
    Former Employee - Assistant Vice President in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Neuberger Berman full-time (More than 8 years)

    Pros

    1. Good 401k
    2. I worked there 8 years in Chicago office. Small firm ,can talk to people in power.
    3. Join business side, No IT or ops.
    4. Business is doing good for them and Chicago business side managers are very talented,

    Cons

    1.Last 2 years IT lost most of their folks. There is huge politics going on. The IT management in chicago are hiring folks who are their friends and will close eyes if things are not ethical. I worked in Chicago office for 8 years , I was getting the impression that they are not good people.

    2. If you have another offer just go with it, they only want people to work from 25 to 35 years old and if you look good then you can survive else they will make you leave.

    3. I was forced to give good review to folks in the interview because they were My managers friends even when they did not have BS degree required for the Job. He hired 4 of his friends and I interview 2 of them. Later he did not ask me to do so, as i was not asking them any questions. I was forced by MD to give five star rating to my manager. I felt really bad about it. In short not ethical place.
    Don't waste your time dealing with this kind of firm

    Advice to Management

    1. Lean IT - is still a concept.
    2. Fix a problem and not create one.
    3. Changes are good but which moves you forward.


  6. "Great working environment with good company culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Anonymous Intern in Chicago, IL
    Former Intern - Anonymous Intern in Chicago, IL
    Recommends
    Positive Outlook

    I worked at Neuberger Berman as an intern (Less than a year)

    Pros

    Easy cross-functional relationships with various groups within the company and high ease of contact with senior management. Work-life balance was good as well.

    Cons

    Easy to get lost in the shuffle if one does not seek out additional assignments or network with other functional groups

    Advice to Management

    Provide additional networking opportunities to collaborate with employees from various teams to facilitate better career mobility


  7. "Decent company. Pretty well-known in the PB world."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern - Hourly in Chicago, IL
    Current Employee - Intern - Hourly in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    -Good company culture
    -Nice people
    -Good benefits/decent pay

    Cons

    -Lacks structure
    -Not a lot of room for promotion

    Advice to Management

    I wish the internship was more structured.


  8. Helpful (1)

    "Nice people, growing, fair pay."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Fixed Incom Consultant- Operations in Chicago, IL
    Current Employee - Senior Fixed Incom Consultant- Operations in Chicago, IL

    I have been working at Neuberger Berman full-time (Less than a year)

    Pros

    Small feel, but this is a large 2nd tier, Investment Bank. Back office to front office mobility is there for qualified individuals who desire to make the move.

    Cons

    Too many project managers who don't know the specialty within which they operat.. This is typical considering the ever increasing specialization within any industry.


  9. "Second Tier Firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Portfolio Accountant in Chicago, IL
    Former Contractor - Portfolio Accountant in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Neuberger Berman as a contractor (More than a year)

    Pros

    None that I can think of

    Cons

    Low pay, long hours, intermediate and senior management lack vision, treat consultants like serfs


  10. "Internship"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Client Services in Chicago, IL
    Current Employee - Client Services in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Neuberger Berman (Less than a year)

    Pros

    Free coffee and drinks. Great company they take pride in what they do and value their employees

    Cons

    None. Great Company, Great Values


  11. Helpful (1)

    "Neuberger Berman - Great Benefits Package Bad Corporate Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing Assistant in Chicago, IL
    Former Employee - Marketing Assistant in Chicago, IL
    Approves of CEO

    Pros

    The compensation package is quite generous

    Cons

    borderline abusive behavior to employees

    Advice to Management

    treat lower level employees better


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