Addepar reviews

3.9

65% would recommend to a friend

(252 total reviews)
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Eric Poirier

80% approve of CEO

69% positive business outlook

Addepar has an employee rating of 3.9 out of 5 stars, based on 252 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Addepar employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.7 stars).

Reviews by job title

252 reviews
2.0
Oct 26, 2017
Recommend
CEO approval
Business Outlook

Pros

- Smart people with good intentions - Good tools used for developing software and managing information - Employees have an opportunity to seize a problem area and make a huge impact if they want to, which can be satisfying

Cons

- Lots of politics, especially at the leadership level - Lots of questionable promotions into high levels / and or hiring of people into upper management level roles - Career advancement or compensation is not necessarily tied to your contributions; there are people who make an impact and do great work, but aren't rewarded - In terms of engineering issues, there is a lot of tech debt

2.0
Oct 18, 2017

Great product, culture needs a lot of work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

CEO Eric Poirier has set out a mission that is both powerful and ambitious. On top of that, there are lots of amazing people here, and we are providing something of real value to our clients.

Cons

I agree with the previous reviews on middle managers. Promoting out of necessity as opposed to meritocracy definitely exists, although I'm not sure if there is a good alternative solution for that. It is unfortunate for the people who are managed by people that don't have enough management training and don't know how to help people with their careers. Majority of managers do not have enough leadership skills to anticipate the needs of the company and push forward a vision for their team that aligns with that of the company. There are a lot of great people not living up to their full potential. We are starting to feel a little too corporate. More and more processes are being piled on without any explanations. We do things that directly contradict our core values. There is almost no transparency. Information is trickled down to a point where it loses meaning and feels disingenuous. As an enterprise software company and one that is in the FinTech space, it is understandable that we will not innovate as quickly as other tech companies. It does become problematic when good, smart people start to feel unchallenged and disengaged.

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Addepar Response
8y
At Addepar, we provide opportunities for career development, including managerial paths. We are continuously adding new ways in which we can support and develop our managers and help them improve. We develop new trainings almost every quarter. In addition, we have manager-targeted mentorship opportunities to help our managers learn from one another. We are trying to build Addepar to scale and to last. We set a high bar for our work and we take care to avoid needless bureaucracy, and we appreciate you sharing that, based on your experience, you believe we fell short of that. Whenever employees feel that we are not honoring our values or are otherwise coming up short, we welcome that feedback and are happy to have a conversation to clarify further. If you would like to have a more in depth dialogue with us, please reach out.
2.0
Oct 18, 2017

So much potential, such disappointment

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Potential mission is very compelling. Legitimately important problem which has the potential to dramatically improve the financial industry. - Great work life balance; flexible hours and vacation (unless you are on one of the teams with defined coverage times like Support or Recon) - Some legitimately intelligent, passionate, and amazingly capable people

Cons

- Pay is median so we're not competitive in pulling the cream of the crop; company is filled with B-players - Much of middle management is incompetent and throws around processes and buzzwords while saying nothing of substance; many people who've decided they want to retire from Addepar or from industry and get paid to do nothing and go on vacation all the time - Instead of firing mediocre people we reward them if they stick around long enough with promotions and made-up job titles - Tech debt up to our ears, fragile QA, releases break things all the time and have embarrassing impact on clients - Outsourcing tedious brute force workflows to an SLC office instead of implementing tech solutions; throwing bodies at the problem is not innovative, it's what everyone else is finance is already doing

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Addepar Response
8y
We hire talented people with a passion to learn and to change the world. We try to find the areas of strength in each person who works at Addepar and provide them with the right opportunities to set them up for success. We expect everyone at Addepar to act as an owner of our culture. A few values we have are: Demand-Transparency, Build-Together, Take-Action. If you feel that people are not meeting their potential, please speak up, we would like to help people grow and learn how to work better together. On these and other issues you see, we invite you to speak with us so we can learn about your perspective and hear your ideas on how to improve. Thank you for your feedback.
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Glassdoor has 290 Addepar reviews submitted anonymously by Addepar employees. Read employee reviews and ratings on Glassdoor to decide if Addepar is right for you.