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Patriarch Partners

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Patriarch Partners Reviews

2.0

9% would recommend to a friend

(28 total reviews)

Lynn Tilton

6% approve of CEO

Patriarch Partners has an employee rating of 2.0 out of 5 stars, based on 28 company reviews on Glassdoor which indicates that most employees have a poor working experience there. The Patriarch Partners employee rating is 46% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

28 reviews
1.0
23 Oct 2015

Worst Environment Imaginable

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Difficult to ascribe pros. I suppose company co-workers have developed tremendous, meaningful relationships in the way soldiers in trenches or patients in tuberculosis clinics might. It is such a horrible, dysfunctional environment wherein we cling to one another to validate our sanity. Beyond the work environment, none of the leadership has any idea how to run a business. Even their questions are embarrassing.

Cons

Where would I even begin? It would be easy to call the owner/CEO names, but beyond her volatility, unprofessionalism and demeaning condescension, she is classless, unpredictable and the most egomaniacal person I’ve ever known – and I am no stranger to corporations or egos. Worse than her personality, however, is her complete lack of business acumen. You may wonder how she came to be successful and wealthy, but it had more to do with law suits and salesmanship than it did her ability to manage a business. She truly has no idea what she’s doing in nearly every respect, surrounding herself with pedigreed yes-men whose primary skill set is sycophancy. These “management teams” are beyond pitiful, where the ability to suck-up supersedes any potential contribution to the Patriarch companies they are supposed to support. Truly, these minions are the hallmark of meaninglessness in a micro-managed, dying company. As a hiring agent, if you ever see a resume from someone in a leadership role at Patriarch Partners, avoid them like the plague. Having an empty chair would produce greater results than management from a Patriarch alumnus. Frankly, I could deal with her ego if she wasn’t so bad at running a business. Still, her mania does something to you far beyond what you would imagine. If you think you are tough and thick-skinned and this review must be written by a newbie or a soft shell, think again. Patriarch is a grinding, poisonous, festering lesion, populated (at the highest levels) by men and women who aren’t very bright, but insist they are. Somewhere inside them, however, they must know they aren’t the sharpest tools in the shed, because they continue to suffer her abuse as cowards and water carriers, instead of actually proving themselves elsewhere.

1.0
21 Apr 2015
Recommend
CEO approval
Business outlook

Pros

A few of the higher ups are genuinely nice people. The salary was highly competitive. Benefits kick in on day one.

Cons

The reality of the culture and environment at Patriarch Partners makes the press that they and Tilton receive seem like a tame understatement. Whole company operates like a vanity project for the CEO who treats her employees in an abusive and unprofessional fashion. This in turn creates bad morale, insecurity and instability among the staff. Coarse, offensive, sexist language is regularly used, as is language of an overt sexual nature which doesn't seem to be frowned upon as long as it's directed downward from the top. Tilton seems to derive her own energy from squeezing the life out of her talent, expecting them to regularly work 12-15 hour days and be on-call via email and cell 24 hours a day/seven days a week. Weekends and off hours are not respected. The same applies to holidays. Benefits could be much better for such a small firm managing billions of dollars. Sadly, I could keep going but I'll conclude by saying that Patriarch Partners is simply one woman run amok and drunk with power and only those who serve her obediently and without question (and eventually without a spine)...or else.

1.0
10 Dec 2016

graveyard for business

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The people you meet and work with in the operating units can be as good (or bad) as in any other company. I met a lot of good ones.

Cons

Read the prior 2015 reviews for April, October and November. They are dead on and not isolated cases. Unfortunately, the warnings will probably not be heeded by applicants. This isn't a PE company turning around failing businesses. This is a fund management company that sucks the lifeblood out of the operating companies for interest and fees. Things started changing only a bit after the lawsuits took hold but it's like putting make-up on a pig.

Viewing 1 - 3 of 28 Reviews

Glassdoor has 30 Patriarch Partners reviews submitted anonymously by Patriarch Partners employees. Read employee reviews and ratings on Glassdoor to decide if Patriarch Partners is right for you.