Investment Operations Analyst (Current Employee) – Arlington, VA – July 1, 2018
Cambridge has historically promoted managers less for their competence and management skills, and more for their ability to say "Yes, Sir" and "how high." About 90% of all day-to-day problems stem from a team of inexperienced supervisors who are openly mocked on the floor. Even when trying to handle situations well, every few months upper management will come down with a new decision that simply demonstrates middle management's lack of power in any situation. Besides that, the job is uninteresting and unchallenging, promotions are rarely given after one year of employment, HR openly talks about things said in private meetings, and the CEO openly celebrates layoffs in firm-wide calls that the hardest-hit departments have to participate in. No one is happy, everyone is trying to get out, and the firm underpays compared to the market.
Healthcare, 401k, easy first job fresh out of college
Poor management, lack of career trajectory, boring work
Investment Operations Associate (Current Employee) – Arlington, VA – February 4, 2018
A typical day at Cambridge is extremely monotonous. We collect and enter client-level investment data into our system. We also handle daily requests - most being urgent. In addition, we are thrown projects our managers should be handling better. Managers should do a better job of being transparent in what is actually taking place. Withholding pertinent information from employees make us feel extremely under-appreciated. We learn of even simple decisions at the very last minute. Because of the lack of good management, at least 5 to 6 people resign from my department each year. The overall workplace culture is a ball of confusion. No one knows how we should interact with each other. All but the newly hired staff are constantly concerned about job stability. This insecurity eventually rubs off on the less-tenured staff, and the cycle continues to repeat itself year after year.
Investment Operations Analyst (Current Employee) – Arlington, VA – October 7, 2017
In my department there was little opportunity to advance and take on diverse work. Though the management was caring, a lack of desire for confrontation created unrest. Overall they only expect people to stay 2 years so they do little to find new and challenging work for the more senior team members.
Investment Operations Analyst (Current Employee) – Arlington, VA – September 27, 2017
Cambridge is a good place to get into finance. Unfortunately, the company doesn't provide much guidance around career progression so your best bet is to get out after one year. The company is also downsizing quite a bit since it isn't doing very well in the industry. The pay is below market and promotions are based on time instead of merit, which upsets a lot of talented hard working employees who end up leaving a few months after they are passed on for promotion.
young environment; flexible hours
low pay; bad management; no career progression guidance; promotion structure
Investment Operations Associate (Former Employee) – Arlington, VA – September 2, 2017
This is a solid first job right out of college. You get exposure to different parts of finance and consulting. Turnover at times is a concern. There is a collegial dynamic which can help get through stressful periods.
IT Semester Internship (Former Employee) – Boston, MA – August 30, 2017
I had never worked at a big company before, and with great management and a great team by my side, my semester internship was excellent. Every day was great just commuting in, getting work done and leaving in time to get a train back to school, which they were very flexible with when weather was an issue.
Best place to work in my entire career experience!
Executive Assistant to CTO (Former Employee) – Boston, MA – June 29, 2017
Cambridge Associates is most definitely deserving of my highest recommendation to anyone looking for a diverse workforce with a collaborative and stimulating atmosphere. The benefits and pay are excellent and the leadership sets a commendable example for the rest of the staff. I would welcome the opportunity to rejoin this firm.
Pay, benefits, atmosphere, opportunities to learn and grow
Investment Operations Associate (Current Employee) – Arlington, VA – May 31, 2017
Cambridge Associates is a great firm to work for as they provide hands on training and a enjoyable work environment. The work is interesting and provides tools to succeed within or outside of the company.
Hedge Fund Analyst (Former Employee) – Boston, MA – May 17, 2017
Cambridge Associates is a great place to learn the investment business and interact with some intelligent people/investors. One downfall is that they tend to think they're a little too smart for their own good. Minor complaint, but part of the culture.
Good people but needs to understand place in the marketplace.
Associate (Current Employee) – Boston, MA – January 24, 2017
Company that has good intentions and smart people but is experiencing a brain drain or overworking those that are still around. Trying to compete in a more competitive marketplace with aging systems and technology. Has been restructured 3 times in the last 3 years. Needs to understand what its value proposition is and where resources need to be allocated.