Pathway Capital Management Reviews

Please PLEASE heed my warning. This company used to be a decent place to work but in has all gone downhill. This company is not worth your health. The SMDs have made it clear they do not care about anyones opinion, even other managers. There is zero culture whatsoever. No fun, no joy, no team building events, and no fostering of personal discussions whatsoever. Employees are swamped, and given even more work when someone else leaves the company. Hiring is a pain and takes months only to risk having that person quit in the first week due to the disorganization of the company. The office space is HUGE, impersonal, depressing, and quiet. SO QUIET. And be warned, the rule list of what you can and can't do spans a mile long. The furniture is treated better than the employees. For example, you can't put your jacket behind your chair, you can't eat at your desk, any stains on the carpet must be reported asap, no water on the desk without a coaster, no post its on the furniture, on and on and on. And we are expected to pretend our work area is clean when clients tour the property. Its all fake. Upper management does not document employee reviews. Nothing is on paper, it is all oral. I'm pretty sure someone could take them to court over that. Covid provided a challenge as everyone went remote, and then it quickly became an us vs. you regarding vaccinated vs. unvaccinated employees. Finger pointing, accusations, and blame was completely unacceptable and much of it came from management themselves. There are employees here who are very toxic, loud, and mean. They have been reported time and time again with no consequences. It is common to ask an employee how their week is going and see them tear up from the stress, sometimes they need to excuse themselves to fully cry about it. Does management ask how they are? Do they care? No! Loyalty is not rewarded here, in fact loyalty is almost mocked. Zero communication from the SMDs, not one is on the same page, and I have even been told some departments are encouraged not to speak to other departments. Employees are leaving in droves because they realize there are a million other companies that pay better and treat employees with dignity and respect, plus offer full remote. There is a HUGE stench of arrogance here, and SMDs assume everything will be taken care of without any type of meeting or heads up about anything. I could count the amount of "thank you's" I've received over the many years here on one hand. If they don't change their ways, its just a matter of time until the company implodes from the inside out.

(1) Culture: the company culture can be a bit weird. In general, the firm takes a very conservative approach with all things and can be very slow to adapt or change (which is something that can be difficult for today's younger professionals). The structure of the organization is somewhat hierarchical and there is a general opaqueness to everything (you're more likely to hear about a termination or new policy through the grapevine than through a memo). (2) Lack of Remote Access at the Analyst Level: this is a true oddity in the financial services industry. At first, this is pitched as a positive: you don't have to worry about work once you leave the office. The problem with it is that it can be very difficult to leave the office if you're saddled with lots of work (as is often the case), so you're often hopelessly stuck spending many hours in the office into the night. (3) Compensation on an Relative Basis: compared to other areas of the financial services industry (e.g., portfolio management, investment banking, direct private equity, etc.) compensation is relatively low, both in terms of salary and bonus (even if adjusted for on a $ per hour basis). Even for a PE fund of funds, the firm's total compensation at the analyst level is below average. (4) Working with Many Different Partners/Teams Can Be Frustrating: because different partners have different expectations, there's not a standard way of approaching the same problems if their posed by two different senior professionals.