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AllianceBernstein

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AllianceBernstein reviews

3.6

57% would recommend to a friend

(1,270 total reviews)
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Seth Bernstein

75% approve of CEO

54% positive business outlook

AllianceBernstein has an employee rating of 3.6 out of 5 stars, based on 1,270 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
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

2.0
Nov 1, 2011
Recommend
CEO approval
Business Outlook

Pros

* Easy hours * Nice offices * People are are nice to one another and respectful * Fancy cafeteria * Organization rather flat compared to sell side banks

Cons

* Below market pay * No pay increase and very limited bonuses in recent years, company under pressure to continue to cut cost * No growth for junior people unless come back from B-School * Promotion mostly political * Management conservative on implementing new strategies and just watch asset bleed * Too many old guards occupying top level posts and no upward mobility for talented younger people * After 2 years there's nothing more to learn and your skills starts to get old * Management doesn't have a clear strategy to revive the franchise * Management says one thing and does another, communicate convoluted messages * Endless employee and performance reviews just provide a justification to pay no bonuses and lay off people

Viewing 199 - 201 of 1,270 Reviews

Glassdoor has 1,406 AllianceBernstein reviews submitted anonymously by AllianceBernstein employees. Read employee reviews and ratings on Glassdoor to decide if AllianceBernstein is right for you.