Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com

Cambridge Associates, LLC Reviews

Updated 19 November, 2014
Updated 19 November, 2014
143 Reviews
3.6
143 Reviews
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Cambridge Associates, LLC Chairman and CEO Sandra A. Urie
Sandra A. Urie
101 Ratings

Review Highlights

Pros
  • Good work / life balance with opportunities to learn a lot about portfolio management quickly (in 24 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc (in 15 reviews)


Cons
  • Long hours during peak periods, work can sometimes be repetitive (in 12 reviews)

  • status reporting, and (3) data entry (in 9 reviews)

More Highlights

19 Employee Reviews Back to all reviews

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  1.  

    Performanec Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Performance Analyst in Arlington, VA (US)
    Former Employee - Investment Performance Analyst in Arlington, VA (US)

    I worked at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Business casual. Management doesn't really want to deal with you, so if you do you your job people will generally leave you alone.

    Cons

    Boring job. Micromanaged. You don't learn much. Promotions based on relationships rather than work achieved. Increasing workload on analysts. High turnover.

    Advice to ManagementAdvice

    Be honest to the people you are hiring in that this is a very repetitive and mind-numbing job.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2.  

    Review of C|A- IT employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Desktop Support Analyst in Boston, MA (US)
    Current Employee - Desktop Support Analyst in Boston, MA (US)

    I have been working at Cambridge Associates, LLC full-time (more than 5 years)

    Pros

    -Very collegial atmosphere
    -Bonus offered on a yearly basis

    Cons

    -IT department has no leadership
    -Very high turnover rate
    -Compensation is below average
    -Be prepared to wear 'many hats'. Too much needs to be done with very little
    -HR department just passes on information, they are not very helpful

    Advice to ManagementAdvice

    More emphasis needs to be placed on rewarding employees who are consistent in providing positive results and consistently gets positive feedback. Maybe this will help lower the turnover rate as well.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    review of CA

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cambridge Associates, LLC

    Pros

    Great people and great learning experience. Strong culture and ability to learn a lot from very smart and accomplished people. Very collegial and great opportunities down the line for investment related jobs and business school.

    Cons

    Compensation is lower than average, however this is expected as work-life balance was stronger than many peers in similar roles at other investment related companies. Room for advancement is limited without an MBA or CFA.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 5 people found this helpful  

    Save Your Soul; Do NOT work in IT!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Arlington, VA (US)
    Former Employee - Software Engineer in Arlington, VA (US)

    I worked at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Flexible hours, good work/life balance, very friendly people to work with.

    Cons

    Compensation is a JOKE. If you're a developer, you will never use the latest technologies. 90% of our applications are not MVC based and because we are not a tech firm, there is no interest in pushing for using more robust languages or technologies. If you try to push for making something better or faster by implementing a new process or framework, you will get shut down because everyone in IT is afraid of change. Most developers have been around since the early 90s and have not bothered to learn any new languages since then (all while getting cost of living raises throughout the years). All of our new applications and new projects are being completely outsourced and costing the firm hundreds of thousands, if not millions. Developer roles are now completely support based, no new development is happening.

    This is an investing firm, not a tech firm and IT is always considered a support role to the firm's decisions. Currently everyone in the firm thinks IT is a joke because we have major operational issues and cannot keep servers running smoothly. This then drives the idea that we need to outsource everything instead of promoting/hiring people who actually know what they're doing.

    Don't be a part of this sinking ship.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Fraternity Like Culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Menlo Park, CA (US)
    Former Employee - Anonymous Employee in Menlo Park, CA (US)

    I worked at Cambridge Associates, LLC full-time (less than an year)

    Pros

    It's a decent job if you're fresh out of college. The pay is nothing special, but it will pay your bills. No real chance for upward mobility unless you get an MBA. Generally recruits undergraduates out of liberal arts colleges, very Caucasian heavy office with young guys and gals who recruit people who are similar to themselves, and thus the fraternal like culture.

    Cons

    No real diversity, it would be nice to talk to a colleague who isn't stuck in the past about they glory days of Friday nights on campus.

    Pay isn't too good

    Advice to ManagementAdvice

    Get some new fresh blood from different backgrounds besides your typical fraternity/sorority brother or sister.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Mixed feelings about PRG/MIG experiences thus far.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst in Arlington, VA (US)
    Current Employee - Analyst in Arlington, VA (US)

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    - The consultants are smart, hard working, and dedicated to C|A's cause.
    - The firm is well respected; a thought leader within the pension/endowment space.
    - Strong work ethic exhibited throughout the firm.
    - Generous earned time off.
    - Fellow analysts are pretty cool.

    Cons

    - Management in PRG/MIG is extreme in their views.
    - Limited internal mobility both within the department and at the firm.
    - Monotonous work and underpaid for extreme work hours.
    - Little to no recognition for work being done.

    Advice to ManagementAdvice

    Advice to firm wide management: take a second look at how the Wilson office employees are managed.
    Open internal opportunities to all employees.
    Focus more on development and less on keeping the norm.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  8.  

    Monotonous work, smart colleagues, not much room for advancement.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Performance Analyst in Washington, DC (US)
    Current Employee - Investment Performance Analyst in Washington, DC (US)

    I have been working at Cambridge Associates, LLC full-time (more than an year)

    Pros

    Smart, hard-working co-workers. Plenty of internal company resources within the financial services industry that allow analysts to learn easily if interested. Sponsorship for the CFA and CAIA are also a nice perk.

    Cons

    Only a decent salary with not much room for growth. Job is highly cyclical, involves doing the same thing quarter after quarter. A lot of micro-managing within the firm.

    Advice to ManagementAdvice

    Need to find a way to give entry-level employees more room for growth within the firm so that they will want to stay for longer.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful  

    Decent but should be better

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Arlington, VA (US)
    Former Employee - Anonymous Employee in Arlington, VA (US)

    I worked at Cambridge Associates, LLC full-time (more than 3 years)

    Pros

    Cambridge is a great name to have on your resume as other companies in the investment management space really respect the firm. You do learn a lot about the industry and have access to some very smart people.

    Cons

    Cambridge does not pay very well at all. They consistently talk about retaining top talent and the easiest way to do that it to pay them, Cambridge does not agree. They continue to hire every year despite need so redundancy is a real problem. There is virtually no way to move up to be a consultant unless you leave to work for another firm or get your MBA; however, once you've done that you don't want to come back to work for the salary that Cambridge offers.

    Advice to ManagementAdvice

    There needs to be a very clear way to move up in the firm without leaving. If you want to retain the top talent, cultivate that talent when it is recognized. Pay more, people will put up with a lot of the office politics (and there is a ton there) and unimpressive managers if they are compensated accordingly. There also needs to be some accountability for superiors.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Very dull and boring workplace and company in general.

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

    I worked at Cambridge Associates, LLC full-time

    Pros

    People are nice enough and if you like solitude, this is a great place for you.

    Cons

    Unexciting, boring, uninspiring job and company

    Advice to ManagementAdvice

    Wake up and realize where the industry is heading!

  11. 2 people found this helpful  

    Cambridge Associates was a waste of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Performance Analyst in Arlington, VA (US)
    Former Employee - Investment Performance Analyst in Arlington, VA (US)

    I worked at Cambridge Associates, LLC full-time

    Pros

    I enjoyed working with my coworkers in the "secluded" office. They were about the only thing that kept me at Cambridge Associates.

    Cons

    Lack of experienced management, communication, and help. When you speak up, no one ever listens or tries to fix the situation.

    Advice to ManagementAdvice

    Listen to your employees when they speak up to you. We are speaking up for a reason.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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