OppenheimerFunds Reviews | Glassdoor

OppenheimerFunds Reviews

Updated December 14, 2018
321 reviews

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3.4
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OppenheimerFunds Chairman, CEO and President Arthur P. Steinmetz
Arthur P. Steinmetz
123 Ratings

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  1. Featured Review

    "Great Place to Work"

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

    I have been working at OppenheimerFunds full-time (More than a year)

    Pros

    OppenheimerFunds is a rare find in the NY financial services industry. I'm challenged to better myself at a healthy pace, paid well and work normal hours. I really love the culture that balances personal development and personal freedom. No micromanaging.

    Cons

    Tough to move up and compensation structure could be better structured to reward high performers


  2. "Great Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President Sales in Denver, CO
    Current Employee - Vice President Sales in Denver, CO
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Flexible working arrangements, competitive compensation, cooperative culture, talent is rewarded.

    Cons

    Lacking scale and a winning direction in a highly competitive marketplace.

    Advice to Management

    Work harder to motivate and inspire employees to win in the market.

  3. "No longer a great place to work. It used to be a great culture but the last 5 years it’s really changed."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Sales in New York, NY
    Former Employee - Vice President Sales in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at OppenheimerFunds full-time (More than 10 years)

    Pros

    Benefits (many call the Golden Handcuffs). Reputable name (for sales makes it easier for call backs and get into the door). Great PM talent.

    Cons

    High Egos, they don’t practice what they preach, no loyalty. If you are over 50, don’t bother. It’s a very white male dominated organization. No diversification in sales. Total lack of trust of management and you rarely know where you stand. The rumor mill and the drama is quite high.

    Advice to Management

    Truly care about your employees and not yourself. Practice what you preach. Listen to the employees and really help development of all, not just your chosen ones. Be open, honest and have some integrity.


  4. "Marketing Intern"

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

    Pros

    - The work was pretty easy.
    - Upper management communicated what they wanted well.
    - Salary.

    Cons

    - The work could get boring quickly.


  5. "Good company to work with"

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

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

    Pros

    Good work/life balance, progressive attitude of management, strong leadership

    Cons

    late hours required during peak times,
    company should hire more people


  6. "Offiver"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Officer in Denver, CO
    Former Employee - Officer in Denver, CO
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at OppenheimerFunds full-time (More than 10 years)

    Pros

    Best benefits in industry or

    Cons

    Too bad getting bought by Invesco


  7. "It's fine"

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

    I have been working at OppenheimerFunds full-time

    Pros

    Friendly people. Wonderful work/life balance - 9-5 hours.

    Cons

    none specific to note currently

  8. Helpful (1)

    "Need not apply if 50 or over"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Specialist in Centennial, CO
    Former Employee - Quality Specialist in Centennial, CO
    Doesn't Recommend

    I worked at OppenheimerFunds full-time (More than 10 years)

    Pros

    OppenheimerFunds offered great benefits to full time employees.

    Cons

    OppenheimerFunds does not respect employees over 50. I worked for them for 19 years. Once I hit 50, I began getting negative feedback that I had never received prior. They began pushing me out as well as several other over 50 employees.

    I hope things change with the Invesco purchase, but I doubt it.

    Advice to Management

    Start respecting employees that are older as they have the work ethic that can be modeled for those younger employees just beginning their careers.


  9. "Client Service Manager"

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

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

    Pros

    Work life balance & culture

    Cons

    Limited advancement opportunities due to firm size


  10. "Internship"

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

    Pros

    Fantastic work life balance, exposure to all levels of people in the organization, and great collaborative culture.

    Cons

    Uncertainty due to merger with Invesco.