Cambridge Associates, LLC

  www.cambridgeassociates.com
  www.cambridgeassociates.com
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Cambridge Associates, LLC Reviews

Updated 29 September, 2014
Updated 29 September, 2014
134 Reviews
3.6
134 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Cambridge Associates, LLC Chairman and CEO Sandra A. Urie
Sandra A. Urie
96 Ratings

Review Highlights

Pros
  • Good work / life balance with opportunities to learn a lot about portfolio management quickly (in 23 reviews)

  • Opportunity to learn about all asset classes through due diligence on top investment managers, research, etc (in 14 reviews)


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

  • status reporting, and (3) data entry (in 8 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Consulting Associate  in  Boston, MA (US)
    Former Employee - Senior Consulting Associate in Boston, MA (US)

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

    Pros

    Good culture, well-respected firm and good work-life balance

    Cons

    Not the highest pay in the investment world, but that goes for all consultants

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Cambridge Associates - Manager Information Group

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

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

    Pros

    - Overtime not required very often
    - Access to robust database of research and historical data
    - Intelligent and friendly colleagues
    - Cheap movie tickets

    Cons

    - IT challenged
    - Incompetent management at lower levels
    - Ineffective with internal communication
    - Limited opportunities for advancement
    - Unsatisfactory training at most levels

    Advice to ManagementAdvice

    Heading in the right direction with benefits, but will not be truly effective in retaining talent until salaries increase

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    Not bad as a starting job.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cambridge Associates, LLC

    Pros

    Work / Life balance is pretty decent.

    Cons

    Pay is not competitive for the field.

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  5. 1 person found this helpful  

    Excellent experience where I learned a lot very quickly and had access to incredibly talented investment professionals.

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

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

    Pros

    Good work / life balance with opportunities to learn a lot about portfolio management quickly.

    Cons

    There is a ceiling on how high you can move up and the pay grades by department are a little skewed. Like most other finance jobs, associates do the leg work and don't get recognized for it.

    Advice to ManagementAdvice

    Incentivize young employees better so that you retain talent longer. Provide more career opportunities into middle management positions.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Smart colleagues, changing department with lots of opportunities, but long and unpredictable hours detract from job

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

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

    Pros

    This is a changing firm and department with a relatively new management team (about a year tenure). The new management team is dedicated to the department and has put PRG on the right track. Employee engagement increased significantly with the new management team, which I felt was a big positive. Because of the changes there are lots of opportunities within the department to get noticed and grow. If you put yourself out there and get involved, then the managing team will notice you and reward you for your dedication. Colleagues are smart, and you get access to a lot of great research, as well as access to hedge fund and long-only managers. I think this is a good place for an entry level individual, as you will learn valuable skills and get access to really smart people.

    Cons

    The hours can be long and unpredictable, especially around 7-12th business days each month, depending on your client load. Also the ability to move elsewhere in the company isn't clear. If you are not entry level and have a few years of work experience, the growth potential is not as great as fresh out of college.

    Advice to ManagementAdvice

    Continue the plan to improve the department and keep engaging employees.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Good company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Cambridge Associates, LLC

    Pros

    Good exposure to investments and great people to work with

    Cons

    Average compensation, lack of IT resources

  8. 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 for 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
  9. 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 for less than a 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
  10.  

    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 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 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
  11.  

    Software Developer

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

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

    Pros

    Nice team, and working environment

    Cons

    Not so latest technology due to the financial platform, they are not a big fan of what is the latest technology.

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