Used to be a great company, now... meh - Portfolio Manager BlackRock Employee Review

3.0
Sep 22, 2024
Recommend
CEO approval
Business outlook

Pros

Career Mobility - if you are a good performer, you will likely be able to explore career interests within the firm WLB - Can take theoretically unlimited time off, also Asset Management is pretty chill so a lot of people (esp. parents) logging 40-50 hours/week

Cons

Career Growth - if you are smart and ambitious, don't come here. this is really a place to rest (not really vest though because you wont get paid in stock unless you are the top 0.5%) Pay - so underpaid. Really stingy within the firm, and you're not going to sniff the bonuses of other buy-side firms, even within Asset Management Culture - really on the downhill. Used to value intellectualism and meritocracy, now as they grow, its just a huge political game. Also see career growth - lots of uninspired people punching it in everyday Promotions are really slow - just a bloated corporation with a long waitlist of deserving people who are under-hired Flexibility - 4 days in the office, probably 5 coming up soon Senior Leadership - so much greenwashing, so much incompetency, and a lot of out of touch messaging. Literally there is propaganda of senior leaders blaring throughout the TVs inside the office every day, feels very dystopian

Explore other reviews about BlackRock

5.0
Jun 23, 2026
Recommend
CEO approval
Business outlook

Pros

Good team environment and interesting work

Cons

Long hours and slightly competitive

3.0
Feb 22, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

1. The executive leaders in the firm are doing a great job 2. Many people in the firm genuinely have a sense of pride working there 3. The (base) compensation is compatible with the market; bonus, however, is another story. 4. For the first ten years of my career in the firm, I made some great memories and made some great friends.

Cons

The culture of my organization started to shift away from a sensible approach and career nurturing to a hostile and confrontational one around 2 years ago. In several all-hands meetings, we were chastised for being "too nice" and were made clear that things would change. The anonymous feedback in the meetings was cut short or eliminated entirely because it didn’t paint a positive picture. In the last 2 years, 1. I was often asked and expected to answer, "Now.. what can you do for me?" in my 1:1 with my latest manager. 2. I was reminded more than once that English is my second language 3. I was reminded more than once by the manager that I should not speak during the meetings I was invited to because they weren’t in the right timing or not appropriate to the subject being discussed during the time There were many of these examples in the last two years with the firm that just seemed inconceivable; nevertheless, I had a great ride and met some genuine people that I consider friends even today.

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