3.0
12 Oct 2014
Current employee, more than 8 years
New York, NY
Recommend
CEO approval
Business outlook
Pros
Great brand name. Recognized leader for investment capabilities, market intelligence and insight. Networking within the firm is encouraged, and there are opportunities for mobility if one works hard. Asset Management has a strong culture of doing the right thing for clients.
Cons
Very bureaucratic. Takes forever to make decisions. Have ambitious goals but seem unwilling to invest in the people or the necessary resources. Departments work in silos, with lack of collaboration and cohesion among senior leaders. Compensation, after you get in the door, does not stay competitive. Raises average in the 1-2% range for most people, unless you are ranked in the absolute top 5% of employees.