Neuberger Berman Reviews | Glassdoor

Neuberger Berman Reviews

Updated February 19, 2017
146 reviews

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3.0
Star Star Star Star Star
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Neuberger Berman Chairman and CEO George H. Walker
George H. Walker
74 Ratings

146 Employee Reviews

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Pros
  • great work life balance, nice co workers (in 25 reviews)

  • Worked with great people in an amiable environment (in 9 reviews)

Cons
More Pros and Cons

  1. "Portfolio management"

    Star Star Star Star Star
    • 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


  2. Helpful (1)

    "Amazing Experience"

    Star Star Star Star Star
    • 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

    Pros

    Everyone treats you like part of a family. Always willing to help with questions and moving you forward through your career. Pay was great and work was interesting.

    Cons

    Can't really think of any.

    Advice to Management

    None


  3. Helpful (1)

    "Great company to work for"

    Star Star Star Star Star
    • 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 Neuberger Berman full-time

    Pros

    - Great management
    - Good work and life balance
    - Good perks and benefits

    Cons

    sometime they tend baby the non-performing employees for longer than they should.


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  5. Helpful (1)

    ""too many chiefs not enough indians""

    Star Star Star Star Star
    • 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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    good work life balance
    good new location to interview with other companies
    good company to cruise until your retirement

    Cons

    Difficult to move within the firm
    "it's who you know"
    Ancient technologies with ancient Lehman style management and employee chain
    very limited # talented employees, everything is getting outsourced
    compensation and bonuses are stuck unless you are mid-manager or higher
    no clear vision where firm is going

    Advice to Management

    motivate your employees and talent
    create better teams
    dont be afraid to do challenging projects


  6. Helpful (1)

    "Great place to work for!"

    Star Star Star Star Star
    • 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 Neuberger Berman full-time

    Pros

    I found that working here provides everyone an opportunity to contribute. Managers at all levels listen to their employees feedback and you can see real change take shape over the course of projects and roadmaps. I also love that they give back to the community and have some of the best philanthropic opportunities I've seen.

    Cons

    The company is small and career moves and changes can take longer, but it's worth the wait.


  7. Helpful (11)

    "Where did all the money go CEO George?"

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

    Pros

    A few good people remain - although the CEOs directed cleansing is well into its second year now.
    New location is great to interview with other firms.

    Cons

    Revenue generating AUM has disappeared greatly.

    Aweful and I mean aweful 2016 market and election forcasting.

    Aweful CEO directed nepotistic leadership and decision-making in infrastructure.

    Consensus elevator and party chatter : CEO and his core have failed but still remain.

    Advice to Management

    CEO and his core are heading down a bankrupt path. Sound familiar?


  8. Helpful (1)

    "Excellent firm"

    Star Star Star Star Star
    • 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 (More than a year)

    Pros

    Flat organization, a lot of opportunities, smart employees that treat each other well, excellent retirement benefits.

    Cons

    After working for many firms in the industry, I have to say Neuberger Berman is a great place to work.

    Advice to Management

    Keep up the good work, don't lose sight of the excellent culture that has helped the firm get to its current status.


  9. Helpful (1)

    "A Great Experience"

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

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

    Pros

    Worked with great people in an amiable environment. Centrally located in Manhattan. Bonuses based on merit and Firm performance. Approachable management.

    Cons

    Without wishing to seem obsequious, I don't really have anything negative to say about Neuberger Berman. I would recommend NB to anyone looking for a positive work environment.

    Advice to Management

    N/A


  10. Helpful (1)

    "Phenomenal Environment"

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

    Pros

    Incredible junior team who was very helpful given that I wanted to learn a great deal during a short, 6 week internship. Every member of the team at all levels was willing to share their specific knowledge whenever asked. Very much an "open-door" environment.

    Cons

    Not so much a con, but due to the nature of the internship program, we were not able to work overtime.

    Advice to Management

    Awesome team, should be very proud of the impact you made on the interns. The HR team was also extremely helpful throughout the program.


  11. Helpful (5)

    "Senior Analyst/Paralegal"

    Star Star Star Star Star
    • 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 full-time (More than 10 years)

    Pros

    Worked there for 13 + years excellent firm.

    Cons

    Firm downsizing, management change, layoffs, conversion to another firm

    Advice to Management

    Current management at the firm has changed.



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