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AllianceBernstein

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AllianceBernstein reviews

3.6

61% would recommend to a friend

(1,267 total reviews)
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Seth Bernstein

78% approve of CEO

52% positive business outlook

AllianceBernstein has an employee rating of 3.6 out of 5 stars, based on 1,267 company reviews on Glassdoor which indicates that most employees have a good working experience there. The AllianceBernstein 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

1K reviews
1.0
Dec 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Nice co-workers. Occasional work happy hours. Good office location and view. Standard vacation time/sick policy. You get to interact with clients which is enjoyable.

Cons

The office is structured so that your fate is totally dependent on what advisors you end up with. Their job is to sell and then all the work that's created from that falls 100% on the associates. Some are grateful/understanding, others are a nightmare. Poor work/life balance. Micromanagement at all levels creates a stressful workplace. Little room for growth, the firm gives opportunities that always "add to" your workload. It's never "instead of". Almost 100% turn over in the past two years.

1.0
Oct 31, 2015
Recommend
CEO approval
Business Outlook

Pros

The hours are decent and the on-site cafeteria is a perk.

Cons

Despite an emphasis on employee feedback and 360 Reviews, upper management pays absolutely no attention to the results. Senior Vice Presidents are essentially in tenured roles and get away with anything. Impossible to move up the chain unless you come from the outside or are tight with former failed Lehman execs now at AB. Since moving to a peer in the industry, it's clear AB places no emphasis on rewarding performance. There are traders who click a button to execute a trade that are compensated similar to portfolio managers managing billions of client assets. It's not what you know, it's who you know.

3.0
Apr 14, 2015

Private Client

Recommend
CEO approval
Business Outlook

Pros

-Great People -Interesting team dynamic as you are able to collaborate with everyone from new associates to Senior MDs

Cons

-Not a lot of mobility within client-facing roles -Work content is very processed/systematic - not a lot of room for creativity -A lot of turnover at very early stages -Compensation...

Viewing 46 - 48 of 1,267 Reviews

Glassdoor has 1,403 AllianceBernstein reviews submitted anonymously by AllianceBernstein employees. Read employee reviews and ratings on Glassdoor to decide if AllianceBernstein is right for you.