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AQR Capital Management

Engaged Employer

AQR Capital Management reviews

3.9

79% would recommend to a friend

(252 total reviews)

Cliff Asness, Ph.D.

74% approve of CEO

80% positive business outlook

AQR Capital Management has an employee rating of 3.9 out of 5 stars, based on 252 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AQR Capital Management employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

252 reviews
1.0
Aug 25, 2020
Recommend
CEO approval
Business Outlook

Pros

- Some smart talent working here - Less competitive than some firms - Good name on resume (might change soon though) - Some interesting Quanta lectures

Cons

- "Fake quantitative firm!" Has a bunch of Econ/Finance people running a "quant firm" instead of having more quantitative people, and they often don't know what they are doing. - Commute wastes so much time for employees. We get that you want to pay less taxes but at the expense of making a large proportion of your employees commute and waste time. - Nepotistic hiring and marketing specifically to the alma maters of the Principals - Terrible tech (clusters often break with just 1 TB of data). The response is to blame the researchers for this rather than increase the capacity of the cluster or switch to AWS - Tech hiring standards are lower than that of FAANG (rarely true at a top tier hedge fund) - A lot of kissing up to upper management including incompetent upper management, which is quite common. People will stay until their manager leaves "to save face," and that deincentivizes working hard and efficiently. - Compensation is far worse than that of traditional competitors - Stubborn about their traditional ways and refuses to innovate - AUM has dropped over 30% since I worked there - Poor data (wastes serious time)

2.0
Dec 21, 2016
Recommend
CEO approval
Business Outlook

Pros

AQR is a profitable company with many profit streams Generally, there's very low involuntary turnover--it's pretty hard to get fired although this is very team specific, as is the case with any company AQR has improved substantially since a few years ago (didn't even have a 401k program 5 years ago)

Cons

The lies start from day 1: job descriptions and work are sold as interesting and engaging but the truth is that every (front office) job function is effectively operations: researchers check reports, tech keeps the lights on and "portfolio managers" manage trade execution. Many reviews on this site have been added by current employees who were asked to write raving reviews of the firm. Evidence of this is clear in the clusters of good and bad reviews sorted by time. Being an "academic" environment, AQR is devoid of any and all forms of feedback, especially upwards feedback. Employees were unable to provide upwards feedback until this year in which the upwards feedback was two 1-5 selections and a brief comment section; that's a full 18 years of no upwards feedback. This is very much like being a research assistant in which your professor is always correct and you should listen to them no matter what. One result of this is that a large portion of your teammates and an even larger portion of people who have been with the firm longer than 2 years are sycophants. It's impossible to get anything done. If you're trying to implement some new ideas or technology, you'll be heavily hamstrung by the Windows first environment and the incredibly poor in-house tooling. Organizational changes are similarly impossible due to the highly political environment. AQR has somehow managed to introduce large company politics into a relatively smaller firm.

1.0
Aug 8, 2015

Senior Management - Clueless

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Free lunch, convenient location for CT residents.

Cons

Upper management is oblivious to the goings on in the company. One managing director routinely berated his employees, refused to listen to others during meetings, and discriminated against women. He was still in the office until recently when the government stepped in and AQR was forced to put him on leave due to his activities at a previous job.

Viewing 4 - 6 of 252 Reviews

Glassdoor has 305 AQR Capital Management reviews submitted anonymously by AQR Capital Management employees. Read employee reviews and ratings on Glassdoor to decide if AQR Capital Management is right for you.