TIAA reviews

Company moves very slowly and has a very rigid bureaucracy. At times it feels like working for a government organization. Senior management sees the need to change, but is not actively pushing for change. There is also significant bloat within the organization and many Director and Managing Director level employees are quite weak. No clear career paths for employees.

There is an extremely "old-school" style of management that I found hierachical and exclusive. This means that they are not necessarily open to finding out what employees want/need. They assume they know it already. Progress on projects was always very slow and reactive, instead of progressive. The reputation of being a grandfatherly company comes from its slow pace and lack of young and/or dynamic people. I am not sure if they have ever fully recovered from reputational issues.The last I heard since I left, is that they are STILL working on becoming a recognizable brand and striving to compete with other financial services companies.