PineBridge Investments Reviews | Glassdoor

PineBridge Investments Reviews

Updated April 27, 2017
72 reviews

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Full-time Part-time

3.0
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Gregory A. Ehret
2 Ratings

72 Employee Reviews

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Pros
Cons
  • String of senior management exits (in 6 reviews)

  • Lack of resources and uneven resource allocations (in 3 reviews)

More Pros and Cons

  1. "Full time"

    Star Star Star Star Star
    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


  2. Helpful (6)

    "NEVER WORK HERE"

    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
    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


  3. Helpful (8)

    "Don't waste your time"

    Star Star Star Star Star
    • 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


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  5. "VP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • 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 PineBridge Investments full-time (More than 3 years)

    Pros

    New CEO really making a difference. Dynamic. Focused. Open.
    Winning big new mandates in institutional. And awards for performance. Are we reaching a "sweet spot"? . Good time to join.

    Cons

    Tough coming out of period of uncertainty.
    Tight cost controls can be frustrating.

    Advice to Management

    Definitely heading in right direction. Positive.


  6. "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst/Trader - Leveraged Loan Operation in New York, NY
    Former Employee - Business Analyst/Trader - Leveraged Loan Operation in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people. Very small office so you feel comfortable very early on. Great office culture as well.

    Cons

    I was not really there long enough to realize any major issues that needed solving.


  7. Helpful (2)

    "Stable company with an awesome culture and an exciting future!"

    Star Star Star Star Star
    • 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 PineBridge Investments full-time (More than a year)

    Pros

    Having worked at large, stuffy investment banks in the past, I love everything that PineBridge has to offer! It's a mid-sized buy side firm with stability and a huge growth potential. The investing culture isn't risky yet very thoughtful. The people culture is amazing. Everyone works hard yet knows how to have fun. There are fun events like monthly happy hours, summer parties, holiday parties to allow employees to engage and connect with one another. Because the company is lean, it allows employees to be autonomous in their role and implement change if there's a need. The company environment definitely allows work life balance but like any other firm, if there is busy season in the area that you work in, extended work hours are required.

    Cons

    While we had the interim CEO, I felt the company was at a standstill. Recently, the Firm appointed a new CEO! I'm excited to see the valuable changes he'll make for PineBridge.

    PineBridge Investments Response

    Feb 2, 2016 – Global Human Resources

    We are pleased to hear about your positive experience at PineBridge and are committed to continually enhancing our employee culture and programs. We appreciate your ongoing contribution and thank ... More


  8. "PineBridge Inter"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    Pros

    Constructive learning environment and helpful analyst/associates.

    Cons

    Work can become repetitive at times.

    Advice to Management

    Provide more lateral or rotational opportunities

    PineBridge Investments Response

    Dec 29, 2015 – Global Human Resources

    Thank you for taking the time to share your review. We value your feedback and are happy to hear you had a constructive learning experience during your tenure with the firm.


  9. Helpful (6)

    "No Leadership, No Growth"

    Star Star Star Star Star
    • 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
    Neutral Outlook

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

    Pros

    Great work/life balance if you're in upper management. Perks like summer outings and monthly social events keep things interesting and the culture is generally safe and positive for women, LGBTQ, and religious/racial/ethnic minorities. Up to a match of 5% on 401(k) contributions.

    Cons

    PineBridge has been adrift and without a CEO since March of this year, making it impossible for the company to commit to any outlook or growth strategy. Much worse, however, is the firm's failure to implement decisions made prior to the CEO's departure. Management is increasingly "too busy" to speak with staff, which (among other things) has morale at an all-time low. Everyone has been in a holding pattern for two quarters, going on three. At year-end, we fully expect low or no raises and small bonuses due to the company's lack of growth. That's not how you reward loyalty.

    Advice to Management

    Hire a CEO already! Stop letting PMs and heads of asset classes run the show. Upgrade IT tools and resources. Spread the wealth--sales and marketing should not be collecting 70% of revenue; that leaves scraps for the back office. Pull out of remote offices where the expense cannot be justified. And when it comes to diversity and inclusion, it's hardly convincing when the mission is consistently delivered by straight white men.

    PineBridge Investments Response

    Sep 21, 2015 – Global Human Resources

    Thank you for your review. We appreciate the positive feedback on the firm’s employee culture and programs, but sorry to hear you are disappointed with your recent experience at PineBridge. In an ... More


  10. Helpful (6)

    "Basically a tire fire"

    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
    No opinion of CEO

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

    Pros

    When there's no work, there's plenty of work-life balance. If you want a job that allows you to wander over to an afternoon matinee without batting an eyelash, those exist at PB. There's a weird structure leftover from AIG that is still mostly in place, except that the economic rationale for it mostly isn't there anymore. So you have these contractual business units left from a terrible deal Richard Li signed with AIG, and they get paid to exist, but there's no upside and current management doesn't really understand the situation. The smart people all left.

    Cons

    Management doesn't understand that PineBridge is a financial manager kept in a living coma by terrible negative-margin contracts with AIG that were signed when it spun off. When talented at PineBridge figure that out, they leave, and they're replaced by people who see the AUM and assume there's opportunity.

    Advice to Management

    Stop investing in growth initiatives. No one in their right mind would pay for public equity management from the team you still have in place. Strip down into caretaker mode and write it all off. Try to network with the talented people who left.

    PineBridge Investments Response

    Sep 24, 2015 – Global Human Resources

    We appreciate you taking time to share your review. We are committed to supporting a transparent and collaborative work environment that attracts, retains and develops the best talent and very ... More


  11. Helpful (2)

    "Business Development"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Business Development in New York, NY
    Former Employee - Vice President Business Development in New York, NY
    Recommends

    I worked at PineBridge Investments (More than 10 years)

    Pros

    There are some good people, who know their job and are easy to get along with

    Cons

    Lack of direction and no understanding of who they are

    PineBridge Investments Response

    Jun 3, 2015 – Global Human Resources

    Thank you for taking the time to provide feedback about your recent experience at PineBridge. Our goal is to enhance our employee culture and programs, and implement the necessary actions needed to ... More


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