AllianceBernstein reviews

Don't be fooled: AB is not a tech company or a wall street bank; it is an old-school asset manager. Despite the recent "headquarters" shift to Nashville, it's essentially just a middle office hub. All the essential business side personnel are still in NYC and WILL REMAIN IN NYC. AB operates on an extremely dated set of proprietary software. While the tech staff at AB may have been good once, that has NOT been the case since 2008. YOU WILL DEFINTELY PIGEONHOLE YOURSELF if you are relatively junior in your career, let alone the pathetic compensation and borderline insulting Y/Y adjustment. Management is also actively offshoring as much non-front-office work as possible while Management is actively offshoring non-front-office work while praising themselves for "cultivating new talents." My advice: STEER CLEAR OF THIS PLACE!

No structure in group for advancement; it's who brown noses the most. Movement to investment groups for those seeking is nigh impossible. There is no diversity within the group, it's literally the Greenwich, CT lacrosse team Client Group has a tough time retaining talent due to very poor compensation and the fact that most roles within the group are tremendously boring Most managers in the group are there due to it being a progression of their career, not because they are actually good managers of people. For a first job, this can be very detrimental to growth Entire group is tremendously top heavy. Because of this, there's no commitment to education or advancement of those at the associate level. Everyone in a senior position in the group has been at the firm for 10+ years, is buddy-buddy, and is paid at pre-financial crisis levels i.e. junior staff are horribly under compensated for their contributions To those looking into the rotation program, be very wary, as an outsider looking in, the program is just a means to exploit young, talented workers and underpay/under support them every step of the way. Every other rotational program at AB blows them out of the water.