Smart people, shame about the Top Brass - Senior Vice President AllianceBernstein Employee Review

The credit crisis changed the company completely and probably permanently. The opportunity for growth, created by new funds and increased AUM, vanished and this will impact morale as juniors realize their careers have stagnated. The senior management in most cases are young enough that without the new fund/offices... option, junior/mid-level employees have to leave to advance. I joined the old Bernstein when Lew was at the helm and still have very fond memories of working with him. The current team are managers, not investors, and that makes all the difference.