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Rochdale Investment Management

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No growth opportunities for career, responsibilities/role, or pay - Recensione dipendente - Dipendente anonimo presso Rochdale Investment Management

1,0
10 dic 2011
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

At least Rochdale is buy-side, although the pay and benefits were not comparable to other buy-sde shops. It's a good entry and stepping stone to move on within buy-side.

Svantaggi

Career growth was minimal, which was witnessed by the attrition at the junior level. If you stayed, your salary and role were more likely to stay where you started when you joined the firm. There is very little upward mobility because everyone who started the firm has stayed and increased their pay as the company grows. But the junior level people who are hired to do the day-to-day functions are kept at the same pay scale. There is no where for them to grow or move to, so they leave the firm. So it's a continual hiring process at the lower levels of the firm. The pay and benefits, like vacation, health care coverage, employee benefits for education or gym membership, are much better on the sell-side.

Esplora altre recensioni su Rochdale Investment Management

5,0
8 ago 2016
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Fun, interesting and industry disruption

Svantaggi

You must put in what you expect to get out.

3,0
12 ago 2013
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

The hours are incredibly easy. For a private wealth firm, I'm amazed that portfolio managers and portfolio management associates start as late as 9am. Most are out the door by 6pm. No one on the Street starts this late unless they are leaving work later in the day. The people are by and large nice and easy to work with, with a couple of exceptions

Svantaggi

Very few resources devoted to training and cultivating talent. It's really up to the person to do what they can to advance/manage their career. It also depends who you report to and how engaged/interested the senior manager is in developing talent and keeping them engaged Micromanagement can be an issue Management doesn't value staff in the monetary sense of the term either. Tasks and responsibilities are broken down into an assembly line approach, giving me a poor impression of how personal service and possibly be provided in such an environment Not enough resources put into IT systems. They have a lot to catch up on in terms of technology. Realistically, trades could not be executed until at least half an hour into the trading day because the systems could not be updated for the prior day's prices before the market open.

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