employer cover photo
employer logo
employer logo

AllianceBernstein

Is this your company?

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

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
2.0
Mar 14, 2012
Recommend
CEO approval
Business Outlook

Pros

Great cafeteria, good benefits, some pockets of extremely bright and collaborative people, especially the (dwingling number of) long-time folks who understand the company history and care deeply about the organization and clients.

Cons

Sadly, the company is simply not what it once was in large part due to the departure - some voluntary but often not - of tenured staff. The prior collaborative environment, most similar to academia in terms of intellectual curiosity and drive for well thought-out decisions to serve the clients best, has been subsumed by individual competitive drive to (1) keep one's own job and (2) sell products that seem to be popular, regardless of sensibility. Praise and recognition for work is increasingly taken by managers, not those actually doing the work.

1.0
Mar 9, 2012
Recommend
CEO approval
Business Outlook

Pros

- Nice cafeteria - A few very smart, competent people remain who are more than willing to educate and develop others. They tend to be second- and third-tier people within the organization, rather than senior management

Cons

- Culture has changed over the past three years from being client-focused to being a "me" culture where employees only do what they THINK they will get paid for, with little guarantee of that actually happening - Compensation is deeply below market with most of it seeming to stay at the "C" level - Few experienced resources left which cripples any effort to produce a good product and respectable client service - Corporate strategy is completely opaque which feeds continued anxiety about the future of the firm, its clients and its employees - Product development is always playing catch-up a little too late

1.0
Mar 1, 2012
Recommend
CEO approval
Business Outlook

Pros

There are some really talented people at AB.

Cons

Constant layoffs, senior management unable to stem loss of clients or talent, compensation shrinking, employees overworked, no chance for promotion...

Viewing 1144 - 1146 of 1,269 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.