Not a good company to work for. - Assistant Vice President Neuberger Employee Review

1.0
May 23, 2016
Recommend
CEO approval
Business Outlook

Pros

1. Good 401k 2. I worked there 8 years in Chicago office. Small firm ,can talk to people in power. 3. Join business side, No IT or ops. 4. Business is doing good for them and Chicago business side managers are very talented,

Cons

1.Last 2 years IT lost most of their folks. There is huge politics going on. The IT management in chicago are hiring folks who are their friends and will close eyes if things are not ethical. I worked in Chicago office for 8 years , I was getting the impression that they are not good people. 2. If you have another offer just go with it, they only want people to work from 25 to 35 years old and if you look good then you can survive else they will make you leave. 3. I was forced to give good review to folks in the interview because they were My managers friends even when they did not have BS degree required for the Job. He hired 4 of his friends and I interview 2 of them. Later he did not ask me to do so, as i was not asking them any questions. I was forced by MD to give five star rating to my manager. I felt really bad about it. In short not ethical place. Don't waste your time dealing with this kind of firm

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5.0
Jun 13, 2026
Recommend
CEO approval
Business Outlook

Pros

very friendly people and atmosphere

Cons

no other interns on same team

3.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Truly Nice People. Company does listen when possible and tries to make work bearable. Excellent retirement matching

Cons

Employee owned structure means that there is long tenure for management senior staff and minimal upward mobility. Organization is framed as a matrix, but there is a strong power hierarchy-entry level employees and administrative staff shoulder disproportionate responsibility relative to pay compared to peer firms. Entry level employees are viewed as replacable and there’s a relatively high level of attrition at the VP level and below. Coordinator role is not well defined and is often silo’ed from opportunities within department. Coordinators within wealth management and other roles that require licensing are given the opportunity to take exams, but sponsorship is a courtesy and very few get realistic experience. Systems are blue chip, but poorly executed. You will routinely get asked for the same information multiple times a day from different departments because there is no centralized information system.

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