Capital Group reviews

There are not enough vacation days (counting vacation day and floating holidays). There is not enough flexibility to transition to other full-time positions. It is virtually impossible to become an equity research analyst from within the firm. The firm is obsessed with hiring newly graduated MBAs from Harvard. It's obsession with the Harvard MBA can be considered a borderline behavioral disorder. It'll hire a few from Wharton or Stanford. Other than Harvard, Wharton, Stanford, it might hire someone from Insead or Columbia, once in a long time. The firm also does not focus on quantitative analysis in its investment process, the way other successful firms, such as BlackRock, does.

The firm has become too big and seemingly is operating only for the good of the partners rather than the clients. No investment risk is being taken and turnover is high. Private Client Group is a mess. This group is mismanaged by people who are incapable and do not live by the stated values, particularly in New York. All good people have left. PCS is seen as a joke in the eyes of the rest of the wealth management industry and is an embarrassment to the firm and its clients. It is a travesty that this festers and the firm's senior manager can't be bothered to address the problem.