Neuberger Berman Reviews in New York City, NY | Glassdoor

Neuberger Berman New York City Reviews

Updated October 17, 2017
88 reviews

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New York City, NY Area

3.6
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
53 Ratings

88 Employee Reviews

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Pros
Cons
  • No growth opportunities within the firm (in 5 reviews)

  • Terrible work/life balance (I put 15 hrs per day on average, and often had to come in on weekdays) (in 4 reviews)

More Pros and Cons

  1. "Great Place to Work in Research"

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

    I worked at Neuberger Berman full-time (More than 5 years)

    Pros

    The people. A demanding environment because portfolio managers are looking out for their clients.

    Cons

    High-stress. Can be demanding because results matter.

    Advice to Management

    Listen to the mid-level staff.


  2. "Senior Software Developer"

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

    I have been working at Neuberger Berman full-time (More than 10 years)

    Pros

    Great 401K plan. Nice work life balance.

    Cons

    Not much career advancement or growth.

    Advice to Management

    Organically grow people for advancements.

  3. "senior Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Neuberger Berman (More than a year)

    Pros

    “I worked there for over 2 years, so I received 3 weeks vacation and 2 personal days per year, which was more than enough for me

    Cons

    I didn't like the working culture , Lot of negative mindset of the management


  4. Helpful (2)

    "Not Worth It"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Hedge Fund Analyst in New York, NY
    Former Employee - Senior Hedge Fund Analyst in New York, NY
    Doesn't Recommend
    No opinion of CEO

    I worked at Neuberger Berman full-time (More than 3 years)

    Pros

    Initially good pay, but total compensation remains relatively flat

    Cons

    No opportunity for growth
    Managers are out for themselves
    Too cheap to invest in proper resources

    Advice to Management

    Promote from within


  5. "Review of Neuberger Berman"

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

    Pros

    Great company to work for as they have locations worldwide.

    Cons

    Should have better benefits for outsourced company employees


  6. "Institutional Sales"

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

    I have been working at Neuberger Berman full-time (More than 8 years)

    Pros

    Great culture and work life balance

    Cons

    Little mobility, low pay relative to peers

    Advice to Management

    Pay good people more


  7. "Privately owned asset manager with a great future"

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

    I have been working at Neuberger Berman (More than 3 years)

    Pros

    Compensation; private ownership structure; diversity of business

    Cons

    Adapting to industry challenge such as passive funds

  8. Helpful (3)

    "On a great team and have great coworkers."

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

    I have been working at Neuberger Berman full-time (More than 3 years)

    Pros

    Teams operate fairly independently without much interference from middle management. Everyone is very helpful and makes themselves available for questions even if they are not on your team.

    Cons

    There is nearly zero hope of career advancement, which causes a lot of turnover. This is genuinely the only con. If there was a more structured ladder to advance, it would be a nearly perfect company to work for.

    Advice to Management

    Start promoting more often or offering internal transfers to retain talent.


  9. Helpful (4)

    "Portfolio management"

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

    I have been working at Neuberger Berman full-time (More than 10 years)

    Pros

    Strong culture
    Terrific leadership who saved the firm and have really grown it over the past 8 years
    Aligned incentives
    The best 401k - a 15% contribution with no match required from employee

    Cons

    None if you like the industry

    As the industry has become more competitive, the firm has raised the bar resulting in more terminations and external replacements than we used to have. While this impacts a very small percentage of the employees, it has created more intensity and some unwelcome uncertainty for individuals. Clear feedback that folks are not in the bottom few percent of the employee base is important so there is no confusion or unnecessary anxiety.

    Advice to Management

    Keep up the good work

    Your raising the bar has made the firm better for clients and 95% of the employees


  10. Helpful (1)

    "Senior Regional Associate"

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

    I have been working at Neuberger Berman full-time (More than 5 years)

    Pros

    Access to the Portfolio Managers

    Cons

    Lack of growth with the industry slowing down


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