Cambridge Associates, LLC
3.5 of 5 114 reviews
www.cambridgeassociates.com Boston, MA 1000 to 5000 Employees

Cambridge Associates, LLC Reviews

Updated Apr 22, 2014
Cambridge Associates, LLC – Boston – “A global leader of investment advisory services”

All Employees Current Employees Only

3.5 114 reviews

                             

93% Approve of the CEO

Cambridge Associates, LLC Chairman and CEO Sandra A. Urie

Sandra A. Urie

(85 ratings)

69% of employees recommend this company to a friend
114 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Flexible hours, good work/life balance, very friendly people to work with"
    in 18 reviews
  • "Broad exposure to asset classes, especially in Alternatives"
    in 12 reviews
Cons:
  • "Long hours during peak periods, work can sometimes be repetitive"
    in 11 reviews
  • "status reporting, and (3) data entry"
    in 8 reviews
  • Show more review highlights

Reviews

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Fraternity Like Culture

Anonymous Employee (Former Employee)
Menlo Park, CA (US)

I worked at Cambridge Associates, LLC full-time for less than a year

ProsIt'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.

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

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Mixed feelings about PRG/MIG experiences thus far.

Analyst (Current Employee)
Arlington, VA (US)

I have been working at Cambridge Associates, LLC full-time for more than a 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 Senior ManagementAdvice 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.

No, I would not recommend this company to a friend

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Fantastic experience at the firm.

Anonymous Employee (Current Employee)
Boston, MA (US)

I have been working at Cambridge Associates, LLC full-time for more than a year

ProsSenior staff invests in professional development of junior employees; great culture

ConsCan't think of any--this is a phenomenal place to build a career.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Good place to start if interested in Finance

Client Operations (Current Employee)
Arlington, VA (US)

I have been working at Cambridge Associates, LLC full-time for more than a year

ProsLots of young professionals
Challenging/Interesting work

ConsTechnology is outdated for needs of company
Pay is lower than expected

Advice to Senior ManagementFix Technology

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Get off the sinking ship

Anonymous Employee (Current Employee)

I have been working at Cambridge Associates, LLC full-time for more than 3 years

ProsCambridge is a growing company. Cambridge has a unique culture like no other, they are client focused, and hard work oriented. In the financial world Cambridge is on top.

Cons(IT) Management needs to get in touch with their employees; communication is seriously lacking always leaving employees wanting more or further discouraged, everyone is afraid of loosing their jobs, this has created an "on edge" work environment. Leaders lack accountability. Testing is not complete prior to huge projects mostly just thought up and implemented. The network crashes on a monthly basis, with no resolve and sugar covered explanations.

Advice to Senior ManagementStabilize the network before implementing new procedures

No, I would not recommend this company to a friend

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Cambridge provides great opportunities for personal and professional growth.

Anonymous Employee (Current Employee)
Boston, MA (US)

I have been working at Cambridge Associates, LLC full-time for more than 8 years

ProsThere are lots of very nice, intelligent, hard working, motivated people.

ConsThere is a lack of vision and leadership by senior management. It is a very insular team with too much group think.

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Great entry level job with good benefits

Research Associate (Current Employee)
Arlington, VA (US)

I have been working at Cambridge Associates, LLC full-time for more than a year

ProsVery casual atmosphere, a lot of really nice people to work with.

ConsThe pay is slightly below competitors and there is fairly high turnover among junior employees

Advice to Senior ManagementPay more to facilitate better retention

Yes, I would recommend this company to a friend

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  • Culture & Values
         
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  • No Opinion of CEO

 

Slow, clunky, lots of overhead

Anonymous Employee (Current Employee)
Boston, MA (US)

I have been working at Cambridge Associates, LLC full-time for more than a year

ProsWell recognized name in the industry, very intelligent people.

ConsReally slow to change, lack of investment in technology makes everything 10 times harder to complete

Advice to Senior ManagementDon't wait until it's too late to make investments in technology. The firm is paying for the lack of investment from the last 5-10 years.

Yes, I would recommend this company to a friend

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Great culture and people

Anonymous Employee (Former Employee)

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

ProsSmart, caring coworkers and supervisors. Some very smart consultants. Interesting work with high profile clients. Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc. Great brand recognition. As an associate you can get involved in a variety of auxiliary functions such as marketing, recruiting, etc.

ConsSome groups can be difficult to work with. Large company where change is slow to implement. Average starting salaries, but lower than industry raises and bonus.

Advice to Senior ManagementDon't be afraid to change the status quo. Update technology resources. Start planning for the future and passing more shares of ownership to the MDs.

Yes, I would recommend this company to a friend

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A challenging and enriching career starter with a focus on people development and quality output.

Senior Research Associate (Former Employee)
Arlington, VA (US)

I worked at Cambridge Associates, LLC full-time for more than a year

ProsCollegial environment, cross-collaboration with groups/departments, human capital and people focused, open-door policy management style, pairing interests and talents with projects, feedback focused and driven by constructive criticism

ConsConservative compensation, strict recruiting specifications

Advice to Senior ManagementDo not give up on the model of tapping talent for projects for the right employee it can be very empowering. Do continue to gather feedback on interests and have employees drive career path, but acknowledge when some individuals need the request or extra push.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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