Glassdoor is your free inside look at Evercore Partners reviews and ratings - including employee satisfaction and approval ratings for Evercore Partners CEO Ralph L. Schlosstein. All 8 reviews are posted anonymously by Evercore Partners employees.
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Ralph L. Schlosstein
1 person found this helpful
I have been working at Evercore Partners full-time for less than a year
Pros – Exposure to leading economic thinkers in Mexico. Very intelligent coworkers. Learned about public finance in Mexico.
Cons – No chance to interact with other offices/projects worldwide. The Mexican company Protego was acquired by Evercore but they basically just changed the logo. Most people still refer to the company as Protego.
One HR person for the entire office. This means no training/professional development. The HR rep is strictly for hiring/benefits.
No documentation/knowledge management/project management processes. This means every project starts from scratch. Lots of brain drain because people leave. Habitually late on deadlines (part of Mexico in general). We were actually calling former employees for help. People's idea of knowledge management is printing a prior project and putting it on a bookshelf.
Unreal amount of time in the office. People don't care what you get done, they just want to see butts in seats. Work-from-home/flex time is unheard of. If you have to finish something for a Monday deadline they ask you to come in on Saturday instead of doing it on your laptop from anywhere.
Barebones IT resources (i.e. we make diagrams all the time but don't have MS Visio, we don't have MS project). This is not an NGO and we could afford to have this software.
No upward mobility. Analysts are undergrads, some have master's. Then they all leave for a PhD or go work for the government. You can't stay and work your way up to a management position - there are no "middle positions."
Advice to Senior Management – You acquired Protego but haven't done anything to make it better. Sometimes it feels like we are just spinning our wheels in Mexico. Swap some managers so that there is more cross-collaboration and help us feel included in the larger organization. Not exaggerating when I say that all that happened was that they changed the logo. I have no idea what people do in other Evercore offices worldwide.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2013-06-10 11:13 PDT
I worked at Evercore Partners full-time for more than a year
Pros – High-profile M&A assignments, prestigious (and improving) brand recognition. Still small enough to build true relationships with SMDs/Partners and learn from some of the best/most respected senior bankers on Wall St. Pays better than the big banks.
Cons – Typical i-banking lifestyle if not worse (because senior people count on you more). Minimum training and HR practice (although improving). Not as recognizable outside of the finance community.
Advice to Senior Management – Need to invest more into your jr. people, especially associates to help them grow.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2012-11-28 13:35 PST
I have been working at Evercore Partners full-time for more than 3 years
Pros – Boutique investment bank located in NYC with other divisions located in San Francisco, Los Angeles, Washington DC with a great reputation in the investment banking world.
Cons – I'm not sure of how the promoting works in NYC, but the branch offices don't offer any room for promotion.
Yes, I would recommend this company to a friend
2012-06-05 11:10 PDT
I worked at Evercore Partners
Pros – Great mentors, high level exposure to senior management, active participation encouraged, working in teams, ability to take on additional responsibility above your current level, incredible learning environment
Cons – Late hours, stressful deadlines, some senior level employees aren't always considerate, always need to be responsive on your mobile device and be prepared to cancel prior engagements for last minute fire drills, 5 pm Friday staffing assignments, 6-7 day a week work schedule
Advice to Senior Management – Keep up the good work
Yes, I would recommend this company to a friend
2012-03-29 09:37 PDT
2 people found this helpful
I have been working at Evercore Partners
Pros – Compensation is decent if you know what to ask for from the beginning - salary with overtime, bonus minimum, etc.
Benefits are competitive+
Cons – - EXTREMELY poor HR department though recent changes relating to HR management shows some promise. Change is slow.
- Fear of retribution prevents many employees from reporting unfair treatment or other issues.
- Very poor communication from the top to the bottom.
- Senior management at Evercore expects personal work to be completed by their assistants. This ranges from very small tasks to large projects dealing with family and outside interests. This work is sometimes personally compensated by the individual manager around the holidays but often times it isn't. Again, fear of retribution prevents many employees from tackling this problem despite being overtaxed and ethically conflicted.
2012-01-11 13:13 PST
I worked at Evercore Partners
Pros – Technical competence and name recognition
Cons – Senior management have serious emotional problems, like to bully around
Advice to Senior Management – Respect your employees
No, I would not recommend this company to a friend
2011-12-29 11:48 PST
2 people found this helpful
I worked at Evercore Partners
Pros – Evercore provides the opportunity for its employees to reap the benefits of both a lucrative income, and the chance to work with, and for, some very bright and influential individuals.
Cons – Unfortunately, some members of the companies middle-management treated lower-rung employees with consistent disrespect. This often made the work-environment a rather uncomfortable place to be.
Advice to Senior Management – The disrespectful way in which middle-management treated some employees was not appropriate, nor did it reflect the image of class, quality, and integrity which the company strives to exhibit.
2010-10-12 16:20 PDT
2 people found this helpful
I worked at Evercore Partners
Pros – Prestiige of working at a mid town boutique investment bank. Compensation better than average.
Cons – If you are not a partner, you are treated like fodder. This is especially true for the support staff. At least the analyst have a chance at becoming a revenue producer, the support staff are treated like a changeable expense and often are. Beware unless you are a senior level banker.
Advice to Senior Management – It's a hard concept to acknowledge but there is work life balance for the support staff.
No, I would not recommend this company to a friend
2010-07-27 11:27 PDT
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No thanks – I'll just look around