Rothstein Kass
2.9 of 5 39 reviews
www.rkco.com Roseland, NJ 1000 to 5000 Employees

Rothstein Kass Reviews

Updated Apr 14, 2014
All Employees Current Employees Only

2.9 39 reviews

                             

80% Approve of the CEO

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Steven Kass and Howard Altman

(5 ratings)

36% of employees recommend this company to a friend
39 Employee Reviews
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Just like the movie "THE FIRM"

Senior Auditor (Former Employee)
Roseland, NJ (US)

I worked at Rothstein Kass

ProsGreat interview process and presentations.

ConsConstant calibration of firm for the sole benefit of Principals without any regards for associates' welfare.

Advice to Senior ManagementBenchmark best practices at all times.

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Great Place to Start, but know when to leave..

Anonymous Employee (Former Employee)
Roseland, NJ (US)

I worked at Rothstein Kass

Pros-Provides great benefit package with ample vacation time and days off
-Great learning experience and gateway to better opportunities at Hedge Funds or Private companies
-Paid overtime
-Firm events (LIFE Initiative, Holiday Party, Picnic)

Cons-Completely unrealistic budgets
-Some people would be managing 10 jobs during seasom while others only had 3 and would leave at 9pm, while others would be there until past There is no confidentiality. You can take management a personal problem and you can guarantee the whole office knows the next day.

Advice to Senior Management-Prove trustworthyness to workers
-Listen when your workers are speaking out (I think something is wrong when 90% of the senior class quit)
-Give FAIR evaluations with FAIR compensation. It isn't okay to give the entire company the exact same raise. It undermines the dedication some people do put in while the rest just breeze by.

I think this is a great company to start out at. You learn SO much - about hedgefunds, corporate life, and business, in general. This is a great environment to learn and strengthen your skills. After 4 years or so - get out. It's the best choice I made.

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Nice, Maybe Too Nice

Auditor Financial Services (Former Employee)
Roseland, NJ (US)

I worked at Rothstein Kass

ProsThis firm basically lets you take off anytime you want nine months out of the year with a morning's notice. You can leave early any day during busy season so long as you think of some reasonable excuse. The only real expectation is that you get your work done at some point. After the economic downturn, the firm was able to hire more intelligent staff than they had in the past. So, it should be a better place to work now.

ConsFor some reason, this firm hired quite a few people who did not belong in the accounting profession. As you may notice, a lot of people on this board can barely write. This was typical at the staff level and remained at the senior and management levels. The "backstabbing" people were the ones trying to tell management to get rid of some of these idiots. Everyone received close to the same raise even though there was a clear difference in performance.

Advice to Senior ManagementFire some of these morons and give the good workers higher pay.

Yes, I would recommend this company to a friend

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Good place to start, but not a long-term career option

Anonymous Employee (Former Employee)
Walnut Creek, CA (US)

I worked at Rothstein Kass

ProsAdditional PTO from working busy season hours
Diverse crowd of people to work with
Firm events (Picnic, Holiday party)
Extensive exposure into the hedge fund industry
Ability for seniors to manage clients and coach new staff

ConsUnrealistic budgets and expectations
Lack of training opportunity for new staff (start in mid-November but only have little time to prepare for busy season which can overwhelm them)
Very long hours during busy season and even for jobs out of season
Management having the quick trigger of letting people go

Advice to Senior ManagementListen to the employees of what they need to help them to achieve success in the firm. Most often when giving performance reviews it can hurt the staff's confidence and management really needs to help out the staff from a humanistic standpoint.

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Avoid it at all costs!

Anonymous Employee (Former Employee)

I worked at Rothstein Kass

ProsReputable company in hedge fund industry. A lot of the seniors get to work for hedge funds as accountants after spending a few year in RK.
Plenty of vacation time. They encourage you to take extra time off for reduced pay (you can still get 20% of your salary after you finished your regular vacation). During off season there isn't much going on in the office, may as well keep you out of the office and pay you less.

ConsUnrealistic expectations of how much time is needed for staff to complete work. Need to negotiate very hard to get hours to finish your work. If you eat hours, you get fired. If you don't eat hours, you never finish your work. And so most of the seniors and staff eat hours secretly.
A lot of back-stabbing going on in the company. There are certain seniors who are able to befriend the partners and so they can blame everything on the staff when things go wrong.

No, I would not recommend this company to a friend

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The company LOOKS good when you start off. BUT you learn quickly how much politics is involved.

Staff Auditor (Former Employee)
Roseland, NJ (US)

I worked at Rothstein Kass

ProsThe employees are very friendly and the company DOES try to keep employees happy.

Consto continue from my "pros" sentence, the company FAILS miserably in TRYING to keep us happy! so much politics. and the seniors and managers are HORRIBLE! they do not explain to you. the training sucks its all on the job training.

Advice to Senior Managementthey need to learn to be patient and help the juniors instead of actually yell at them in front of everyone as if they are in some class room. no such thing as corporate environment!

No, I would not recommend this company to a friend

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Rothstein Kass -

Anonymous Employee (Current Employee)
Roseland, NJ (US)

I have been working at Rothstein Kass

ProsDecent benefits and PTO
Many great co-workers
A diverse group of employees
Opportunity to learn, depending upon whom you work for

ConsIncreased pressure to "network" since business downturn
Quality of client experiences vary
Increased pressure to keep time "down" on complex jobs because clients want lower fees
Quality of training varies from poor to excellent, with little oversight

Advice to Senior ManagementDon't "buy" business from clients and then expect jobs to come within an unrealistic budget
Don't make promises to clients without considering your staff's workload

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depends on which group you are working for

Senior Tax Accountant (Current Employee)
New York, NY (US)

I have been working at Rothstein Kass

ProsMid-sized...well diversified, fair compensation, many talented people

Conslong hours busy season 75-80 hours, politics

Advice to Senior ManagementPlease do not fake people... do not fight, managers!

No, I would not recommend this company to a friend

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Retrospective Review of RK

Senior Associate (Former Employee)
Roseland, NJ (US)

I worked at Rothstein Kass

Proscompensation is OK, benefits are good, PTO for overtime worked during the busy season, some of the people that work there are nice & helpful, work location is more convenient than if you were to work in new york city, and free parking. Not humanly possible to think of any other positive things to say about RK.

Consvery toxic work environment & culture where back-stabbing is encouraged & allowed, performance reviews are 2-faced (they tell you you are doing OK, then in secret closed meetings, they rip you apart), tons of hypocrisy from managers and partners, very clickish like a bad version of a high school drama, high ratio of minorities who are fired/laid off every year because they do not fit the classic "good ol' boys" RK culture, promises of promotions that never come to fruition, tons of excessive politics beyond what would be deemed as normal in any other company, senior management (especially in HR) have no ethics or backbone in treating employees & ex-employees, etc., etc., etc.

Advice to Senior Managementhard to give advice to managers who have such disregard for employees working for them, RK management needs to look at other competitors to see why they are not vilified to the extent RK is, good number of the managers and partners there need to go back to school and learn to act like human beings again, employees should also be treated as a resource of the company, not to be thrown out and discarded when their usefulness goes down after the busy tax season, need to practice what they preach regarding their trademarked "BALANCED" philosophy (if they even know what that means), message to prospective employees would be BEWARE.

No, I would not recommend this company to a friend

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RKCO

Anonymous Employee (Former Employee)

I worked at Rothstein Kass

Pros- 7 weeks vacation (2 weeks accrued from over time)
- Open door policy
- Performance evaluation after large jobs
- Has philanthropy group

Cons- Management doesn't depict a true picture of future business plans (when it affects the employees directly)
- Prefers people with similar personalities
- Management is disengaged with firm activities outside the office
- Some trainings don't match with job levels

Advice to Senior Management-Please value the diversity each person provides. Providing feedback is great, but if the management is not willing to help the individual to overcome the weakness, there is only so much a lower level employee can do by his/herself. Think about where each person fits. Just because they may not have the ability to move onto the next level shouldn't mean that employee is incompetent. If you keep on moving everybody up every year, then everybody would be a manager by their 5th year.

No, I would not recommend this company to a friend

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Rothstein Kass – Why Work for Us?

Rothstein Kass is a premier professional services firm that has served privately held and publicly traded companies, as well as high-net-worth individuals and families, for more than 50 years. As trusted advisors to our… Full Overview

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Glassdoor is your free inside look at Rothstein Kass reviews and ratings - including employee satisfaction and approval ratings for Rothstein Kass CEO Steven Kass and Howard Altman. All 39 reviews are posted anonymously by Rothstein Kass employees.