Ned Davis Research Group Reviews

Terrible atmosphere in the Boston office. Very political bureaucracy, and "good old boys" culture. Enormous turnover among sales No one in management has produced research, sold financial services, or managed money. Every initiative they take fails miserably. Rather than take any responsibility, management usually fires a couple salespeople and comes up with another failed business idea, like "the data product". Good strategists (head of commodities, ETFs, Europe) have left and not been replaced. The rest are interviewing or waiting for retirement. Many are stuck there and just hope to draw their paychecks until the place goes bust. Management puts insane sales targets, provides no training, and does not care about the product: sales' jobs is to force good customers to accept crazy price hikes every year. Some clients still pay because Ned and Tim had good calls over the years, but this place is done when they retire.

Now part of a public company, costs are the number one priority. Euromoney wants a publishing company, not a top-notch research firm. The employees are line-items now, and are seen as easily replaceable widgets. Upper management are managers by default, but not true managers inspiring their employees and promoting firm-wide team work. New German CEO is a robot, has zero people skills doesn't understand the business, is only concerned about the bottom line, and has no vision. Unfortunately, Ned has removed himself from any management responsibilities. He sold the company at the top, and is in the twilight of his career. Ned is out of touch with the great company that he built, and which is now in a irreversible decline under Euromoney management.