employer cover photo
employer logo
employer logo

AllianceBernstein

Is this your company?

AllianceBernstein reviews

3.6

57% would recommend to a friend

(1,271 total reviews)
avatar

Seth Bernstein

75% approve of CEO

54% positive business outlook

AllianceBernstein has an employee rating of 3.6 out of 5 stars, based on 1,271 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
3.0
Aug 20, 2010
Recommend
CEO approval
Business Outlook

Pros

Hours are OK. Relatively small, so one can have a lot of opportunity to do various kind of things.

Cons

Low pay, but funny thing is managment team of the company does not realize or admit it is lower than market average. Decision making takes too long. Not efficient enough. Very bureaucratic. Promotion process could be very subjective by team and managers.

2.0
Aug 5, 2010

Time to get out

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Health care, dental and vision benefits are competitive; Very dedicated and hard working people Great cafeteria in the corporate headquarters

Cons

Sub-par vacation policy Lack of meaningful communication from management Many support people are overworked with no hope of additional resources Low pay and bonuses

5.0
Jul 8, 2010
Recommend
CEO approval
Business Outlook

Pros

AB generally respects its employees, with reasonable and regular working hours (40 or so hours a week, even in research) and an attitude of forbearance and calm, dignified leadership. There is even a feeling of camaraderie that makes it easy to work with new people and unite towards a common purpose. People work hard but without cutthroat competitiveness or a zero-sum-game attitude. The new leadership under CEO Peter Kraus looks to have what it takes to lead AB into a fruitful, prosperous next decade and beyond. Many opportunities for intellectual growth and compensation growth.

Cons

The company is publicly traded, which can mean severe layoffs when performance is poor relative to peers (such as in 2008). The company's core business is managing assets to a long-only value equities platform, which is particularly vulnerable to market downturns such as 2008's. This can put severe downward pressure on compensation, especially since the firm caps base salaries at $200,000. The firm has its share of stifling corporate bureaucracy, with particularly mediocre IT staff.

Viewing 208 - 210 of 1,271 Reviews

Glassdoor has 1,407 AllianceBernstein reviews submitted anonymously by AllianceBernstein employees. Read employee reviews and ratings on Glassdoor to decide if AllianceBernstein is right for you.