Western Asset Management Reviews | Glassdoor

Western Asset Management Reviews

Updated July 15, 2017
95 reviews

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3.2
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Western Asset Management CEO James W Hirschmann
James W Hirschmann
57 Ratings

95 Employee Reviews

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Pros
  • Also has a very established work life balance culture (in 16 reviews)

  • Beautiful campus, great benefits, great pay, constantly learning, lots of empowerment to do your job (in 17 reviews)

Cons
  • No clear direction for career growth (in 6 reviews)

  • Total white boys club, lazy people get high salaries and promotions, long hours, must participate in face time for bonus to increase (in 4 reviews)

More Pros and Cons

  1. "Great company to work with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Pasadena, CA
    Current Employee - Senior Software Engineer in Pasadena, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Western Asset Management full-time (More than 8 years)

    Pros

    * Good compensation and benefits
    * Good work culture
    * Good Management

    Cons

    * Not clear career growth path

    Advice to Management

    * Pay more attention to learning of employees


  2. "I worked at western for 8 years"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Web/Graphic Designer in Pasadena, CA
    Current Employee - Web/Graphic Designer in Pasadena, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Western Asset Management full-time (More than 5 years)

    Pros

    Relax working, no pressure and relaxed deliveries

    Cons

    It is an Interesting place to work, compensation is now below most companies, company lost most of its highly talented and expensive employees, remaining are managers who hire and fire to make sure no knowledge base is created pose any treat to their scam, as long as nobody rocks the boat it is dandy.

    Advice to Management

    Clean middle management - clean IT managers and hire professional people in website and media making

  3. "Great place to work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Western Asset Management full-time (More than 10 years)

    Pros

    Work with terrific people. Not competitive, everyone wants to help us all be successful for the client. Beautiful campus, great benefits, great pay, constantly learning, lots of empowerment to do your job.

    Cons

    Some ambiguity and lack of transparency around new initiatives and plans.

    Advice to Management

    Communicate more and more often. Be visible, be accessible, relax and have a bit more fun with your team mates.


  4. Helpful (2)

    "It is old school"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Developer in Pasadena, CA
    Current Employee - Senior Software Developer in Pasadena, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Western Asset Management (More than 8 years)

    Pros

    Good benefits , good salary, not crazy hours, normal 7 to 8 hours . Employee tend to stay longer, average length of employment is about 8 yrs

    Cons

    No new technology . No flexible hours, no remote working from home options available. Very slow pace for most projects

    Advice to Management

    Let employee work from home


  5. "solid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Administrator in Pasadena, CA
    Current Employee - Portfolio Administrator in Pasadena, CA

    I have been working at Western Asset Management (More than a year)

    Pros

    Good people. Chill atmosphere

    Cons

    day to day and monthly processes are redundant. I want more challenges and new projects.


  6. "Excellent benefits, Solid compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Compliance Officer in Los Angeles, CA
    Former Employee - Compliance Officer in Los Angeles, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Western Asset Management full-time (More than 3 years)

    Pros

    Bright, intelligent colleagues who deeply cared about the work they did. Great benefits at the time. Company paid health + dental insurance. Handsome bonus. Excellent perks.

    Cons

    I was just too young + dumb to appreciate it. A lot of folks have been there a long time, and their dissatisfaction can rub off on an impressionable person.


  7. Helpful (11)

    "Worst managed firm in the business."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Analyst/Portfolio Manager in Pasadena, CA
    Former Employee - Research Analyst/Portfolio Manager in Pasadena, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There is Absolutely nothing good to say about this firm.

    Cons

    The completely Inept management has run this company into the ground.

    Advice to Management

    Quit.

  8. "Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Western Asset Management full-time (More than 10 years)

    Pros

    Culture, People, Benefits, Teamwork, Community, Value of People, Benefits

    Cons

    Opportunities, Lack of Company growth and career structure

    Advice to Management

    Corporate communication, Managing of People and building leadership, Growth of company and employment opportunities


  9. Helpful (1)

    "Solid place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Performance Analyst in Pasadena, CA
    Former Employee - Performance Analyst in Pasadena, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    It's a big company with a small company feel. The office is Pasadena has a lot of added amenitites like a subsidized breakfast/lunch area. WAMCO really makes an effort to communicate larger business plans to employees and promote professional development. I earned my CFA while working there and it was 100% paid for and sponsored by the company.

    Cons

    I would say that one of the downsides is just the shear size of the place, sometimes it can feel like your a cog in a wheel but if you're ambitious obviously you can change that.


  10. Helpful (10)

    "Subpar"

    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
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at Western Asset Management full-time (More than 8 years)

    Pros

    Friendly, intelligent people. Good benefits and great work/life balance for an asset mgmt firm.

    Cons

    Very political; old school mentality; comp is below average in industry against peers although they will tell you its not. No work from home. No trust.
    Boys club

    Advice to Management

    Hire more qualified women and minorities into key positions. Fire half of management in Pasadena and NY as they can't even manage themselves, let alone manage their teams.


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