Northern Trust Hedge Fund Services: Manager - Manager Northern Trust Employee Review

2.0
Jan 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Middle managers are given a great deal of responsibility and the opportunity to have a material impact on the entire division. Northern Trust benefits are competitive.

Cons

Company sells guarantees to clients that the company is not equipped to deliver. Further, they do not provide the resources or support to implement long term solutions. Upper management is relatively disconnected from middle management and staff, and the only transparency they have of the business is that which is pushed to them from the lower level. Management seems genuinely unconcerned with the shortfalls of the business and tends to only be reactive in strategy. Certain teams work low hours and low stress while others are stretched entirely too thin. Compensation starts out competitive, but you will never make big jumps internally.

Explore other reviews about Northern Trust

5.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits and work environment

Cons

Nothing that’s too much of a con

2.0
Apr 21, 2026
Recommend
CEO approval
Business Outlook

Pros

Nice people and a good environment. Benefits are good and the work is interesting. On a scale of 1 to 10, I would rate NT as a 7. But, it’s typical big corporate crap that hands out 2% raises and minimum bonuses during a good year yet spends $360 million this past quarter buying their stock back.

Cons

Constant reminders to do more with less and cut costs and belt tightening while the execs line their pockets and you maybe get a 2% raise. I could see such actions if the firm was doing bad financially, but they aren’t. Record this and record that for many quarters now. And they walk around patting each other on the back like they all did such a great job when in reality, the markets are up so the value of the assets we manage are up. I’m wondering what sort of actions will happen when the market goes south for several quarters. Oh. And the constant state of surveillance here is BS. Tracking to make sure you are here 3 days a week. Keyboard / mouse / PC tracking systems receding your activity. It’s like a 21st century high tech sweatshop in some ways.

2
See reviews by: Helpful|Rating|Date|All