Quilter Cheviot Reviews | Glassdoor

Quilter Cheviot Reviews

Updated May 30, 2017
7 reviews

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3.1
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Martin Baines
3 Ratings

Employee Reviews

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  1. "A good starting point for one's career and worthwhile if committing to 10 years plus."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Manager in London, England (UK)
    Current Employee - Investment Manager in London, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Quilter Cheviot full-time (More than 5 years)

    Pros

    Good reputation, good range of asset classes to be involved in, wide range of clients helps develop understanding of the industry.

    Cons

    Under-paid compared to peers, poor systems, teams are not particularly collegiate, some managers are not willing to progress younger team members.

    Advice to Management

    Consider the next generation if wanting to retain new talent.


  2. "Good but not perfect"

    StarStarStarStarStar
    • 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

    Range of Offices throughout UK to provide local support
    Good Fund Managers with supportive local management
    Quality Research
    Links with Providers

    Cons

    Not totally discretionary; just variations on narrow themes
    Lack of teamwork between fund managers; too much narrow thinking
    Too many owners in recent times; creates inconsistent identity
    Expensive fees

  3. Helpful (1)

    "A great place to work."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Highly professional, very experienced teams. As a company they invest heavily in your training. The company has an excellent reputation in their marketplace both with their 37,000 customers and with a large financial adviser supporter base. Investment managers are given lots of input from a well resourced centralised research team but are free to create bespoke portfolios for clients, within a clearly defined framework. This strikes the right balance - freedom within a framework. Now part of the Old Mutual Group so there are opportunities within Quilter Cheviot and within the wider Group. Business has been growing steadily. Some great offices around the UK, Jersey, Dublin and have just opened up in Dubai.

    Cons

    A culture of wearing ties at work, even when not in front of clients.

    Advice to Management

    Keep doing what you are doing. Perhaps a little more focus on succession planning when Investment Managers retire.


  4. Helpful (1)

    "Too profit focused"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I have been working at Quilter Cheviot full-time

    Pros

    Nice offices and good coffee

    Cons

    Too focused in making profits

    Advice to Management

    If your staff are respected and happy they will not leave.


  5. Helpful (4)

    "A role which removes most of your autonomy to make investment decisions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Manager in London, England (UK)
    Current Employee - Investment Manager in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Good reputation in the marketplace, good IT systems and marketing literature

    Cons

    Investment Managers more like Relationship Managers, are simply told what to do by the Investment Committee (themselves following APCIMS benchmarks). No attempt at outperforming said benchmarks, so really just an expensive form of tracker fund. No attempt at personalising portfolios for clients, all too often clients end up with identical portfolios, despite differing circumstances.

    Advice to Management

    Give the Investment Managers more autonomy, don't treat them like children. Don't put clients into a 'one size fits all' system - they are all unique. Investment Managers aren't Relationship Managers, otherwise they would work at a private bank and get paid more.


  6. "Great place to learn for new grads, or great place to work towards retirement"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)
    No opinion of CEO

    Pros

    Training is second to none; the company is willing to sponsor you for studies and professional exams, as well as time off to get you ready for them.

    Cons

    Career progression is slow and limited for young grads joining the firm, but it's a fantastic place to get some basic grounding.

    Advice to Management

    Be more flexible and listen to what the young employees are saying or risk losing good talent.


  7. Helpful (2)

    "Looks good from the outside"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in City of London, England (UK)
    Current Employee - Vice President in City of London, England (UK)
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The coffee machine and the view

    Cons

    Lack of opportunities, feudal corporate structure, no career progression, no training, high control/low trust organisation. Not a meritocracy

    Advice to Management

    Cultural change required across organisation