Great place to retire from, bad place for early career
Pros
- Great place to retire from due to MRP (retirement plan contribution) - Consensus is that CG has better work-life balance than any other investment management firm - Very good healthcare/dental benefits - Some lateral flexibility in career - Prides itself on retention (which will be tested during this bear market and possible recession) - Admirable aspirational core values - Phenomenal economy of scale
Cons
- Highly recommend you come in as at least manager — those who do not will generally have to work at CG for 6 years minimum before getting promoted to manager — many don’t make it to manager until after 10 years if at all - Los Angeles/London and to a lesser extent San Francisco/New York are your options for most non-call-center roles or if you want your career to advance - Beginning in January 2023, all employees are required to be in office Tuesday-Thursday every week - CG seems to not trust its own training or feel that it is lacking in some way because new managers are constantly being hired from the outside instead of from within - In an industry where margins from fees are constantly being squeezed, not as lucrative as it once was
