1. Helpful (10)

    "Good place starting out as a quant"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Quant in London, England
    Doesn't Recommend
    Neutral Outlook

    I worked at Marshall Wace North America full-time for less than a year

    Pros

    Marshall Wace is a great place to learn fresh out of university, also generally early on in one's career. The setup is very collaborative and one can learn a lot quickly.

    Cons

    The firm relies rather heavily on the quant strategies for its bottom line, but there is generally little appreciation of quants by the senior management. I got the impression quant was seen as a sort of backwater. It compliments the main business but is not considered on par with the other front office teams. Maybe it's changed since but likely not. In a sense that is expected, given the firm's DNA is essentially in non-quant and fundamental investing. That is what has helped them grow into one of the most successful hedge funds at the moment. It is mushroom management a bit though. It's more keep your head down and keep producing good research. This setup has probably contributed to the large number of departures from the quant teams of people with up to around 3 or 5 years of experience. Normally over 80% of team comprise of graduates and people with a few years of experience. Beyond that level people generally move on elsewhere. I got the impression that management weren't particularly bothered by this situation. The churn is sort of factored into their hiring decisions. Like I said earlier though, it is a great place to be early on in one's career. As long as you approach it as such you are unlikely to be disappointed. The quality of people that work there is very high. I definitely do not regret the years I spent there.

Other Employee Reviews

  1. "Best in Class Firm"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in New York, NY
    Recommends
    Positive Outlook

    I have been working at Marshall Wace North America

    Pros

    - Marshall Wace North America takes the hiring process very seriously, and aims to hire the very best people. - CEO encourages innovation. - True meritocracy. - Great benefits (catered breakfast and lunch, 401k, health insurance, gym reimbursement, and more). - The best part of the firm is the people you work with.

    Cons

    This is a best in class organization, and there are no “cons” that come to mind.

    Continue reading
  2. "Good place to work"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst 
    Recommends
    Neutral Outlook

    I have been working at Marshall Wace North America full-time

    Pros

    Great culture. Flat organization and everyone is well heard/respected

    Cons

    Can seem slow moving at times on certain things

Discover more reviews about Marshall Wace North America.