Audax Group Reviews

- Every time I mention to anyone in the industry I work at Audax group, they tell me they are sorry for me and ask how I am surviving. Anyone on Glassdoor that says Audax hours / lifestyle / culture are in line with industry are so disconnected from reality that it only affirms how all-consuming the Audax deal professional life is. Bottom line is that the firm owns you when you sign on the dotted line, and that is exactly how you are treated - Though they recently increased comp, it is still below average for the fund size and is well below anything reasonable for the amount of sacrifice required to be successful here - The analyst and associate classes go through waves of depressingly low morale, that is offset by management throwing a party or providing small 'battle bonuses' when things get pushed to the brink. People are appeased for a moment, then, when the reality of your job quickly sets in, morale drops and the vicious cycle returns - The firm is incredibly top heavy-- way too many MDs that spells slow growth and limited advancement opportunities - MDs are generally very smart and competent people, though there are a handful of senior management who have very odd titles and job descriptions, and they make life miserable for pre-MBAs b/c they are constantly seeking to remain relevant in a firm where they have no real value-add - the CEOs create a cut-throat fiefdom-type culture where there is little sense of collegiality and team orientation at the top

Audax was once a shining star and will soon be a supernova. Greed has become the company mantra with little regard for its employee's work-life balance. Both CEO's have checked out.. One by choice and the other has gone crazy and should have long ago stepped aside. The turn-over is like nothing you have ever seen anywhere else.