Lord Abbett & Co. Reviews

Updated Jul 9, 2021

To filter reviews, or .

Found 178 of over 184 reviews

3.9
64%
Recommend to a Friend
85%
Approve of CEO
Lord Abbett & Co. President and CEO Douglas B. Sieg (no image)
Douglas B. Sieg
38 Ratings
Pros
  • "Good work life balance in the company(in 21 reviews)

  • "Good cafeteria, gym on site is very good(in 9 reviews)

  • 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. 5.0
      Current Employee

      Sr. Data Analyst

      May 12, 2018 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      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

      Be the first to find this review helpful
    2. 1.0
      Former Employee, more than 1 year

      Untrustworthy, investors should run for the exit

      Jun 9, 2021 - Financial Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The worst manager for investors’ money. Treats investors money like its monopoly paper with years of losses in many products.. Irresponsible organization. If you dig deep, you will find evidence of negligence towards people money , and flat out bad behavior. Lot of smokescreen behind actions that show a caring organization but fact is lot of it is to perpetuate the whatever adjective you want to use so that partners keep stuffing their pockets at their pockets. I have come to believe there is no action done or statement made by the firm that is for a genuine given what I and hundreds of other people, many at the highest level (CFOs COOs directors, portfolio managers, analysts, juniors, seniors) that have left . The mass exodus continues to accelerate as this the lowest headcount in over a decade.

      Cons

      Money can be sticky so if you want to come in learn, make as many mistakes as you can and then leave that’s the place for you as no reasonable person would risk their professional careers here. Senior people near the managing partner fled the scene in a hurry. you will realize quickly the place is phony, led by many phonies.. Institutions that have done their due diligence have run for the hills a long time ago. Not sure why Merrill and other wirehouses keep funneling money to this place despite the poor performance and bad record of mismanagement. That too is irresponsible

      7 people found this review helpful
    3. 5.0
      Current Employee

      Great Growing Firm

      Jun 9, 2021 - Regional Manager in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      - Small enough Firm to get to know management well - A place you can have a career if you work hard - Culture has improved even more over the last few years with our most recent Managing Partner - The Advisor Consultant Role is a great entry role for those wanting to break into the financial services industry

      Cons

      - Although diversity and inclusion has improved a lot over the last few years, executive management still lacks diversity (problem with the industry as a whole).. we are progressing in that aspect though - It has become significantly more challenging to become Partner

      Be the first to find this review helpful
    4. 5.0
      Current Employee

      Non I. Will not

      Jul 9, 2021 - Advisor Consultant in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      this is a solid comopay

      Cons

      Solid firm to work at

      Be the first to find this review helpful
    5. 4.0
      Current Employee, more than 5 years

      Good Place To work

      Jul 8, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Friendly environment and stable job

      Cons

      Lake of innovation company cab be more innovative

      Be the first to find this review helpful
    6. 5.0
      Former Employee

      Former Internal Sales Rep

      May 20, 2021 - Advisor Consultant in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Do what’s asked of you, do it well, build relationships outside of your team, and you will have incredible success with quick promotions. You are likely over compensated for the work you are doing. The people leading the firm holding each other accountable and relentlessly execute on their vision.

      Cons

      If you are looking to put in your 9-5, collect a paycheck and coast this isn’t the place for you.

      Continue reading
      Be the first to find this review helpful
    7. 5.0
      Current Employee, more than 5 years

      Very Ethical Organization

      May 16, 2021 - Regional Manager in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Unlimited vacation days, free health insurance, and work life balance is encouraged.

      Cons

      No real cons to working here. There is a very high expectation for work ethic here and that can be discouraging for some.

      Be the first to find this review helpful
    8. 4.0
      Current Employee

      Nice

      May 26, 2021 - Senior Software Engineer in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great leadership, supportive team, good culture, good work life balance

      Cons

      not many options for career growth

      Be the first to find this review helpful
    9. 1.0
      Former Employee, more than 5 years

      Great firm, highly recommend

      Jun 7, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great community and truly a leader in the industry

      Cons

      Nothing significant comes to mind. Like any firm, there’s some workplace politics

      Be the first to find this review helpful
    10. 5.0
      Current Employee

      Great firm

      Mar 12, 2021 - Investment Analyst in Jersey City, NJ
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Smart people, reasonable work/life balance, interesting work

      Cons

      Long hours during earnings season, high pressure environment

      Be the first to find this review helpful
    Viewing 1 - 10 of 178 Reviews

    Work at Lord Abbett & Co.? Share Your Experiences

    Lord Abbett & Co. logo
    or