Lord Abbett & Co. Reviews

Updated 3 Mar 2021

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3.7
53%
Recommend to a Friend
84%
Approve of CEO
Lord Abbett & Co. President and CEO Douglas B. Sieg (no image)
Douglas B. Sieg
30 Ratings
Pros
Cons
  • "This hides visibility of highly talented technical people efforts to senior management(in 11 reviews)

  • "Lack of transparency from upper management(in 11 reviews)

More Pros and Cons
Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
  1. Featured Review
    COVID-19
    Helpful (3)

    "Love it! Wouldn’t Want to Work Anywhere Else!"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lord Abbett & Co. full-time for more than 10 years

    Pros

    At the firm for over 10 years, I have always loved working at Lord Abbett. A lot of positives. There are incredibly talented and dedicated people who work here who are passionate about what they do. People really care about other people here. There has always been a focus on putting our clients first, value of teamwork and being collaborative. It’s probably not right for everyone - excellence is a core value and standards are high (as they should be). Because of the size and structure of the firm you can have frequent interaction and exposure to senior leadership – as the partners actively manage different areas of the firm- and you can have opportunities to work on cross-functional projects outside of your regular responsibilities that you don't typically have at other/larger firms. It’s a high-performing and fast-paced culture. People who enjoy working in this type of environment develop and thrive. Our Managing Partner is a strong enthusiastic leader with vision and is accessible- highly visible around the firm, walking the floors, friendly, he makes it a point to get to know people across the firm at all levels. Interested in hearing feedback and in making so many positive changes at the firm. For example holding regular Town Halls to review results of our annual engagement survey feedback- and creating a culture where we not only work hard but can also have fun. (for the firm’s 90th anniversary employees were ferried to Ellis Island for a celebration including a live band). Changes since he took over include pushing down decision- making to other leaders (an issue in the past), a focus on following principles over rules, relaxing our previously formal business dress code, flattening levels of leadership, investing in training and development programs, supporting internal mobility at the firm, and improving technology. There is a genuine commitment to supporting diversity initiatives and strengthening support in our community. Most recently, handling of the pandemic has been amazing – Managing Partner holding weekly town halls with each area of the firm, communicating with transparency, ensuring that employees will continue to work remotely until it’s safe to return and assuring there would be no layoffs- something that is hard not to worry about in this environment. Also holding open and honest discussions at the firm including at a town hall which confronted and discussed the issue of racial inequality and social injustice. Benefits are great - include free health care and fitness center; free all day coffee bar and subsidized cafeteria (the quality of the food is excellent and there is a lot of variety including organic, healthy and vegetarian options); ability to work remotely; unlimited PTO; unlimited time to volunteer for firm sponsored Community Involvement activities at the firm; company paid subscriptions to Linkedin Learning and Headspace. HQ office – on the Hudson River in the Paulus Hook neighborhood with beautiful views of Manhattan. Nice neighborhood with a lot of great nearby restaurants within walking distance.

    Cons

    Nothing material. Some things that could be better and I believe are already being addressed- an updated/more modern office space and continued improvements to technology.

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    Lord Abbett & Co. Response

    June 30, 2020Lord Abbett Team

    Thanks for all the “love” – we’re glad you’re part of the Lord Abbett team! It’s great to hear, firsthand, about the positive impacts of our people, our processes, our culture, and our benefits. We’re always striving to improve, so we encourage you to maintain a regular, two-way dialogue with your leader to share your feedback. Or reach out to us at: humancapitalmanagement@lordabbett.com.

  2. "Sr. Data Analyst"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lord Abbett & Co. full-time

    Pros

    Best place to work because of work culture and nice people around me

    Cons

    Commute is a problem because I dont have a car to commute


  3. Helpful (1)

    "Fantastic workplace and culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Internal Wholesaler in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lord Abbett & Co. full-time for more than a year

    Pros

    Culture, opportunity, product strength, career support, leadership, diversity & inclusion, work life balance

    Cons

    Only have had a tremendous experience until now and the firm is focused on strengthening weaknesses.

  4. "Great spot"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Advisor Consultant in Jersey City, NJ

    I have been working at Lord Abbett & Co. full-time for more than a year

    Pros

    Best employees will get promoted

    Cons

    Work life balance - you are always working

    Continue reading
  5. "Close Culture"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Analyst in Jersey City, NJ
    Recommends
    Neutral Outlook

    I worked at Lord Abbett & Co. full-time for more than a year

    Pros

    Close, team-oriented culture, good training program

    Cons

    Hard to change to other teams within the firm

    Continue reading
  6. "Good place to start, but there’s better places to work"

    2.0
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Current Employee - Internal Wholesaler 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Lord Abbett & Co. full-time for more than 3 years

    Pros

    Great views, looks good on the resume

    Cons

    Partnership is an “old boys club”

  7. "Aspiring to be the most respected asset manager"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Regional Manager in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Lord Abbett & Co. full-time for more than 10 years

    Pros

    -principles based > rules based culture -once intentions are set, decisions are made by employees -respect

    Cons

    -HCM (HR) could be more responsive at times

    Continue reading
  8. "Internal Wholesaler"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Internal Wholesaler 

    I have been working at Lord Abbett & Co. full-time

    Pros

    Great work environment, and a ton of career upside.

    Cons

    Lack of communication with other arms of the firm.

  9. "I"

    5.0
    Current Employee - Manager in Wendy Acres Colonia, TX

    I have been working at Lord Abbett & Co. part-time

    Pros

    Work hard i keep busy

    Cons

    I dont like to do things over

  10. "Great company to work for"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Diversity & Inclusion
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Lord Abbett & Co. full-time for more than a year

    Pros

    Values, sustainability, flexible WFH policy, casual fridays.

    Cons

    Boys club - lots of white golfer type men

Viewing 1 - 10 of 167 English Reviews

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