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      AllianceBernstein

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      AllianceBernstein reviews

      3.6

      61% would recommend to a friend

      (1,269 total reviews)
      avatar

      Seth Bernstein

      78% approve of CEO

      52% positive business outlook

      Ratings by demographic groups

      AllianceBernstein has an employee rating of 3.6 out of 5 stars, based on 1,269 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
      Apr 29, 2012

      Company that turned from a top money manager into a sinking ship.

      Associate portfolio manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      1) Reasonable work/life balance: job hours are usually 8:30 to 5:30 with a full one hour lunch break when work permits 2) Cafeteria: cafeteria on 21st floor in the building is the only place that is innovative, efficient and well-managed

      Cons

      1) Incompetent management 2) Low morale: 90% of employees in the PMG department are looking for another job 3) Favoritism towards certain employees 4) Vicious circle of low comp packages --> demotivated employees --> bad portfolios performance --> low profitability --> low comp packages

      4.0
      Apr 26, 2012

      Once upon a time it was a brilliant place to work.

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great (London) location, lovely office space (for now), one or two great people managers and lots of very smart, collaborative and frienldy colleagues who share knowledge pretty well. It's a small enough company not to have the glaring fiefdoms and politics you can find in larger organisations. A good place to work if your department is generating revenue (i.e. fixed income). Not so good if you are a cost centre, whatever value you may add.

      Cons

      Endless, relentless downsizing, aka redundancies. Cost reduction is king at the moment, but to be fair, if you're one of the lucky ones that are still there then the quality of life (apart from more work to go around fewer people) is still pretty good. All depends where you work. Not much money being spent on innovation (especially technology) - much more focussed on getting rid of wasted expense, of which there was plenty in the boom years.

      Viewing 1138 - 1140 of 1,269 Reviews
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      ReviewsAllianceBernstein reviews

      Glassdoor has 1,405 AllianceBernstein reviews submitted anonymously by AllianceBernstein employees. Read employee reviews and ratings on Glassdoor to decide if AllianceBernstein is right for you.