Wilshire Associates Reviews | Glassdoor

Wilshire Associates Reviews

Updated April 19, 2018
77 reviews

Filter

Filter

Full-timePart-time

3.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Wilshire Associates CEO and Chairman of the Board Dennis A. Tito
Dennis A. Tito
47 Ratings

77 Employee Reviews

Sort: PopularRatingDate

Pros
  • "Great people who take the time to mentor/coach you" (in 8 reviews)

  • "Can't beat the beautiful every day weather in Santa Monica" (in 7 reviews)

Cons
  • "No 401K match, no help with CFA or grad school costs, low raises and bonuses, etc" (in 11 reviews)

  • "Very low pay, and no 401K match" (in 10 reviews)

More Pros and Cons

  1. "Interesting & Challenging"

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

    Pros

    Get to work with smart people.
    Lots of autonomy and chances to step up.
    Hard work and achievement is recognized.

    Cons

    Benefits not market.
    can be limited room to move up after a certain level.

    Advice to Management

    Ensure that there is appropriate input into employee evaluations so that slackers are not rewarded.


  2. "VP"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wilshire Associates full-time (More than 5 years)

    Pros

    Good Location and good employees

    Cons

    Segregation of depts. and outdated products

  3. "analyst"

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

    Pros

    good team good team good team

    Cons

    low compensation to start with


  4. "Wilshire Funds Management Group - Great Place to Start Your Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Associate in Santa Monica, CA
    Former Employee - Senior Associate in Santa Monica, CA
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Wilshire Associates full-time (More than 5 years)

    Pros

    My review is based mainly on experiences within Wilshire's Funds Management Group (FMG).
    -Great people who take the time to mentor/coach you. Everyday you can learn something new and there's a plethora of intelligent and driven individuals.
    -Challenging and unique business opportunities. Wilshire FMG is great at adapting to market needs and providing services to help clients.
    -Career growth if you work hard and have great bosses. I was one of the lucky ones and was able to rise through the ranks.
    -Good work/life balance. Quarter end time periods are challenging, but it balances out throughout the year.
    -Generally good camaraderie among the FMG group. FMG has become more diverse throughout the years.
    -No cost individual HMO health insurance. Great option if you have no dependents or spouse, but if you do it gets very pricey.
    -Cafeteria plan benefits are decent. FSA, no cost to employee term-life and disability insurance, free Santa Monica bike subscription, metro/parking pre-tax options, vision care, affordable dental care, corporate discounts, etc.
    -Suits. Yes, this is a pro because you look more professional. Helps if you are young and straight out of college. I would loose the tie though.
    -Team lunches and occasional happy hours. (Just don't pull a career limiting move at HH)
    -Annual holiday parties
    -Office location and views. You can't beat Wilshire's view of Santa Monica

    Cons

    -No 401(k) match
    -Parking is expensive
    -No gym subsidies or benefit
    -No clear communication/connection with the CEO
    -Not much transparency of how profits are distributed
    -Salaries can be below market in comparison to comparable finance firms
    -Glass ceiling for many is at the Vice President level
    -Company as a whole has no direct outlets for community involvement/giving

    Advice to Management

    FMG management continue to listen and clearly communicate with the group. The culture shift over the past 5 years has been great, but there's still room to grow and improve. More transparency of profits would be helpful IMO.


  5. "Senior Analyst"

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

    I have been working at Wilshire Associates full-time

    Pros

    good working environment, open door policy

    Cons

    salary is not decent at the beginning

    Advice to Management

    hire smart people


  6. "It is a sinking boat"

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

    I worked at Wilshire Associates (More than 3 years)

    Pros

    not demanding overall. You can get by day after day without doing much.

    Cons

    1, the HR team is really bias, arrogant and racial.
    2, the management team does not seem to know what they are doing. Everyone knows how to please the boss but no one gets anything down.
    3, the company as a whole is a sinking boat. The size of their analytical department has been downsized from 150 employees to current less than 40.
    4, sales crashed since 2015, only about a quarter customers still stay.
    5, I see good, capable ppl chose to leave within 1-3 years. whoever left are social loafers.

    Advice to Management

    be honest and care more about your employee so good ppl will actually stay with the company.


  7. Helpful (4)

    "They don't care about you"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Pittsburgh, PA
    Current Employee - Analyst in Pittsburgh, PA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Can't really think of any.

    Cons

    UNDERPAID. They refuse to pay people market value. Unless you're at the very top you're getting shortchanged. Unfortunately most of the people at the top could care less about people below them, hence the high turnover rate. I'll be gone soon.

    Advice to Management

    Retire

  8. Helpful (5)

    "Bottom of the industry."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Santa Monica, CA
    Former Employee - Associate in Santa Monica, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Wilshire Associates full-time (More than 5 years)

    Pros

    There is an opportunity to work with many intelligent people.

    Cons

    Where do I start? First of all the benefits aren't great. No 401K match, no help with CFA or grad school costs, low raises and bonuses, etc. Upper management either doesn't care or is completely unaware of the fact that most employees in the firm are grossly underpaid. Unless you are a managing director or above, you're probably making significantly less than you're actually worth. Also, the reward for hard work is...more work. Bonuses and compensation are relatively the same for across the board, regardless of work ethic and contribution to the company. There is a lot of turnover. Much more than the industry average. Upper management will continue to beat the "there is a lot of opportunity here" drum, but realistically, there is very little unless somebody at the top decides to leave, which is rare. This is a place to get some decent experience and move on to a better company.

    Advice to Management

    Try and take some of the focus away from their own compensation and look at the rest of the company. There is a reason this place has so much turnover.


  9. "Great view but transient"

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

    I worked at Wilshire Associates full-time

    Pros

    Beautiful offices and ocean view of Santa Monica beach

    Cons

    Turnover is high and great place to get some experience with well known company, ideal for young college grad


  10. "Benefits"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Santa Monica, CA
    Current Employee - Anonymous Employee in Santa Monica, CA

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

    Pros

    No cost HMO health/dental to employee (only)

    Cons

    There is no 401k match offered


Showing 77 of 78 reviews
Reset Filters