IT and Ops is dreadful - Anonymous employee Neuberger Employee Review

1.0
Aug 16, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Small firm with good work life balance. If you are not ambitious and want to spend time with the kids, there's plenty of opportunities for work from home and minimal hours.

Cons

With the hiring of a new individual to run IT and Ops, it has been a tailspin in the downward trajectory. The new management hired to lead the departments keep thinking it's a 20,000 to 200,000 employee firm, not the 2,000 employee firm it is. There is a constant game of how to save money by waist. Most projects are not thought out prior to implementation and cost the company additional millions, as the integration take 4X longer and the final product does not meet even the least expectations. It's more about the "process" then productivity. No growth opportunities within the firm. Stay for a few years and learn, then run somewhere else.

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Pros

very friendly people and atmosphere

Cons

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3.0
Jul 15, 2026
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CEO approval
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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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