-Management is terrible, very political and play favorites. They will be passive aggressive, slowly isolate you if they don't think youre toeing the line, dont value employee development much.
-The pay here used to be good, now it sucks. Associates/Analysts get paid poorly, as does anyone promoted within. Only way to get paid well here is to come in as RD or PM from elsewhere.If they can take advantage of you somewhere they will. Oh and Austin isn't that cheap, if you don't believe me check housing prices. Pay increases in record years were nonexistent, bonuses are shrinking and they will probably eliminate one of the twice-yearly bonuses soon.
-Hours are terrible in PM, IAD but good in FAS. You dont learn much anywhere after the first couple months, everything is task oriented because they want you to be as replaceable as possible. Development is not a priority here.
-Austin is a tiny city. Thats how they lock in a lot of people, by moving them to a city where they dont rub elbows with any finance people. If you dont get promoted or get a pay bump, you cant walk down the street to a different firm like in a real city.
-David Booth and Eduardo Repetto. Booth has done a brilliant job of taking research and making himself money off of it, then touting some higher purpose. Higher purpose isnt making hundreds of millions of dollars a year in dividends while nickel and diming employees. Eduardo is alright but is really abrasive, he doesn't inspire confidence and regularly yells at employees in public.
-Everyone who hasn't been here for a long time wants to leave or will leave if they ever got decent offers.
-If you dont believe in the investment philosophy completely, which is ludicrous since finance is not physics and thus has no absolutes, you wont fit in with the cult.
-Oversraffed and underpaid sums up a lot of this.
Want money? Go elsewhere.
Want career opportunities? Go elsewhere.
Want to develop a good foundation for future opportunity? Go elsewhere.
Want to get paid ok money and have good time to spend outside of work in some departments in a small city? Come here
