PineBridge Investments Reviews | Glassdoor

PineBridge Investments Reviews

Updated November 20, 2017
82 reviews

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3.0
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Gregory A. Ehret
7 Ratings

82 Employee Reviews

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  1. "Decent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at PineBridge Investments full-time

    Pros

    Try to do the things bigger investment companies do with perks, bonuses etc

    Cons

    Senior management needed to be overhauled


  2. Helpful (1)

    "No Hard Work Recognition"

    StarStarStarStarStar
    Former Employee - Temporary Employee
    Former Employee - Temporary Employee
    Doesn't Recommend

    I worked at PineBridge Investments (Less than a year)

    Pros

    You won't get fired unless you do something too crazy to hurt their business.

    Cons

    Mangers don't care about about employees, no incentive , no reward . Terrible for career beginners

    Advice to Management

    Hold on to people who show talent by showing some care , please !

  3. Helpful (13)

    "Worse than a tire fire!"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at PineBridge Investments full-time (More than 5 years)

    Pros

    Still some nice people left.

    Cons

    Firm is run by a bunch of hooligans masquerading as a leadership team, Most aren't qualified to run their own department let alone a rapidly failing firm.

    Morale is at an all-time low. The smart people are leaving left and right because they're overworked due to high turnover, underpaid and stifled by incompetent managers. Career growth is non-existent. Unqualified people are overpromoted to keep them at the firm because these poor managers can't do the work of their subordinates (they just take the credit for it). Support employees are treated like second class citizens. Those in investments reap all the benefits. The firm bleeds money but it can somehow fly investment employees all around the world for a special conference and wine and dine leadership. What about the rest of us? We're all sitting here waiting for the next layoff and wondering who will be canned next.

    To add to an already horrid work environment, the latest regime took away all that was good about the firm - Summer Fridays, monthly happy hours, summer party, etc. You're basically punished for sticking around. Next, we'll be celebrating our holiday party in the conference room.

    Advice to Management

    Enough is enough. Put people on the leadership team who can lead. Improve morale or the revolving door is going to continue. Bring back the small perks - they don't cost much and keep people happy.

    PineBridge Investments Response

    Oct 10, 2017 – Managing Director, Global Head of Human Resources

    Thank you for your feedback. As the Global Head of Human Resources at PineBridge, I felt it necessary to directly address your comments about the firm. We know that the firm's success starts with our... More


  4. Helpful (3)

    "Managing Director"

    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
    No opinion of CEO

    I worked at PineBridge Investments full-time

    Pros

    - Still a great platform with a US base and international network
    - Scale assets under management

    Cons

    - Decaying intellectual capital
    - Ownership shifting from AIG to an Asian family owned platform changed the risk perception in the eyes of the Limited Partners, hence, the firm is losing its attractiveness for U.S. institutional platforms because it is loosing its old established values of doing business

    Advice to Management

    - Get the business back to its New York-based asset management and investment management profile
    - Retain track-record- this business is all about track-record for LPs to continue supporting the platform


  5. Helpful (5)

    "Former PineBridge Employee"

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

    I worked at PineBridge Investments full-time (More than a year)

    Pros

    Most of the people at the firm that I interacted with were very nice and great to work with.

    Cons

    A lot of politics and nepotism in my particular group, especially from the individual who ran the group (has been working at PineBridge for 15+ years). Very frugal and ungrateful to employees and overall not a good environment to work in. Compensation is significantly below market average. Limited room for career advancement as well.

    Advice to Management

    Pay your employees more and provide more incentives to work at PineBridge because I don't see how the firm can continue to retain people with such toxic managers.


  6. Helpful (8)

    "NEVER WORK HERE"

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    The only pro is that you can maintain a good lifestyle balance.

    Cons

    Each group operates in its own silo with no incentive or culture to cross-sell and unify as a whole. Not much opportunity for upward mobility; instead many of the group heads like to hinder progress or help each member drive towards excellence. Title and compensation structure is not aligned to industry standards

    Advice to Management

    Create a culture and incentive to cross-sell.
    Allow movements within the organizations to understand various products and product groups
    Align title and compensation structure with industry standards
    Create a very rigorous review standard and promotion cycles that group heads adhere to ensure each member is given a fair opportunity to continue to progress


  7. "Full time"

    StarStarStarStarStar
    Former Employee - Staff Accountant in Flushing, NY
    Former Employee - Staff Accountant in Flushing, NY

    I worked at PineBridge Investments full-time (Less than a year)

    Pros

    Great People to work with!

    Cons

    few advancement opportunity, hard to be promoted

  8. Helpful (4)

    "operations"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great People, Good location, perks

    Cons

    Poor wages, to much management


  9. Helpful (8)

    "Don't waste your time"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Independent asset manager with a shot at growth, but the team has to be encouraged to work together and incentives should be aligned. . . Finally

    Cons

    Too political, too many secrets and promotions seem aimed very low, to shine at the top by comparison. Favoritism, silos, this is the kind of work environment for you?

    Advice to Management

    Modernize, support your staff, grow product in the areas that the market will demand next year, not last year


  10. "Positive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The people that work at the office are nice. Managers communicate clearly and give feedback about assignments after you hand them in. Great place to work, learn, grow.

    Cons

    Workload can vary immensely. Sometimes, there is very little/nothing to do for long periods of time, whereas other weeks may have you staying late 5 days a week.

    Advice to Management

    Keep on doing what you're doing


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