Millennium reviews

3.7

60% would recommend to a friend

(569 total reviews)

Israel Alexander Englander

74% approve of CEO

60% positive business outlook

Millennium has an employee rating of 3.7 out of 5 stars, based on 569 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Millennium employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

569 reviews
3.0
Sep 21, 2015

Boiler Pot

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

You work alongside some very intelligent and talented individuals. There is much expected of you here and you will be groomed for future success at future companies. Needless to say, the name in itself will open doors for you as well.

Cons

It is so large that the culture resembles a big bank and less a small hedge fund. The politics are severe and despite your loyalty to the company, there is no loyalty to you. Make a big enough mistake (and it need not be large) and you are gone. Just had a kid? Bought a new house? Fallen on hard times? They don't care. Cross them, and gone. Just like that. Also, there is no support or guidance. People are quick to fault find and finger point so don't dare ask a question or you will become the butt of gossip as an incompetent who should not be working at mlp. They are also a bit on the cheap side for compensation and benefits.

1.0
Oct 15, 2024
Recommend
CEO approval
Business Outlook

Pros

- Smart engineers Thats it!

Cons

Where do I begin! Came into the firm from another fund. So I know the industry. This place will kill all the enthusiasm you brought with you. A lot of smart people come together to work on projects and over engineer stuff to create mediocre or no value! The middle managers that are hired have no clue how to work in hedge fund environment. The tech leads would micro manage you at the expense of slowing things down and delaying the release so that they can keep their dependency. These so-called tech leads are only at best individual contributors who have over stayed at the company and have 0 language skills and I mean english language skills. They do not know how to communicate requirements to their direct reports and then play the blame game. The annual review is such a sham. Do not expect much. There is fake urgency created when things are not requested from business. Even HR's in the firm know through feedback reviews that the worst part is the culture of the firm but they can do nothing about it. If you created dependency in the team you will be taken out on your birthday along with the entire team to celebrate your birthday and if you have not then your birthday is just a regular day. There is no "team" culture. Each and every one in your team is just waiting for you to screw up so that they are not the one who is laid off. The senior management has no clue or they encourage this and has made themselves obscure. There is definitely a "tiger parenting" culture at the firm if you know what I mean! I went into the office each day that I have seen the worst and would not be surprised but I was wrong each time! Have heard comments ranging from why are you on your phone to not leave your work station. Think carefully about what you are getting into before you join this firm.

1.0
Mar 5, 2018

A graveyard for analyst careers

Recommend
CEO approval
Business Outlook

Pros

Great corporate and sell-side access Decent amount of independence/ flexibility for portfolio managers

Cons

Turnover is absurdly high PMs are treated like a number. Analysts are treated like they don't even exist - no attempt is made to train or retain analysts. If your PM gets fired you're sol Compensation for analysts is terrible The Millennium name is a taint on your resume to reputable firms Basically a body shop lower - common denominator employer in hedge fund land Facilities are gross

Viewing 4 - 6 of 569 Reviews

Glassdoor has 710 Millennium reviews submitted anonymously by Millennium employees. Read employee reviews and ratings on Glassdoor to decide if Millennium is right for you.