employer cover photo
employer logo
employer logo

Primatics Financial

Acquired by SS&C

Is this your company?

Primatics Financial Reviews

3.2

44% would recommend to a friend

(99 total reviews)

Kwang Sin

60% approve of CEO

37% positive business outlook

Primatics Financial has an employee rating of 3.2 out of 5 stars, based on 99 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Primatics Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

99 reviews
1.0
23 Oct 2015

Ugh

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The pay is ok and some coworkers are good to work with. The office is near Tysons and they cover your parking.

Cons

To 10 reasons to work for Primatics (in my opinion): 1. You’ve never been thrown under a bus and you want to see what it’s like 2. You want more time to practice your CYA skills 3. You think an open office concept is a good idea 4. You read all the Glassdoor reviews and the only one you believe is the 5 star review that appears to be written by the Primatics recruiter 5. You think short hops look better on a resume 6. Incompetence is something that you appreciate in your manager 7. You believe that everyone who says they’re smart really is 8. You were once happy and it didn’t really suit you 9. You’re currently working at a job that Mike Rowe wouldn’t do 10. You live in Aleppo and you would like to relocate

1.0
5 Apr 2013
Recommend
CEO approval
Business outlook

Pros

Good compensation and friendly co-workers

Cons

They just hired a new CEO and laid off about 15% of their workforce. If you went to James Madison University, there's a very good chance you did not get laid off. The company is just one big fraternity with 50% of employees completing their undergrad at James Madison and 20% of the employees alumni of the University of Maryland. The training is non-existent and managers at the firm have poor communication skills. Also, half of the day is spent in meetings which ends up being a complete waste of time. There is rampant favoritism across the firm as ass-lickers rule both in product group and services regardless of individual performance.

3.0
8 Aug 2013

Used to be great

Recommend
CEO approval
Business outlook

Pros

First, the biggest advantage of working at Primatics is that you are working with really smart people. Everybody says that but here you are really working with people with very high IQs Second, the executive management is really interested in fixing problems. Most of the senior management are made up of very analytically oriented people. Once you get them to take notice of a problem, they will find a solution. You do not find "check-the-box" kind of management here. The executive managers are deeply deeply interested in solving problems and moving the company forward Lastly, the company combines technical expertise with business expertise. There are a lot of experts here, and you can learn a lot

Cons

I've been at Primatics for 4 years. Over the past 4 years the growth has exploded and Primatics was bought over by the Carlyle group. As Primatics has grown, it has gone from being more people-oriented to being more process-oriented. Also, unfortunately, since Carlyle bought Primatics, everything is going downhill. Yes, when they first came on board, the company line was "Carlye is not telling us how to run the company. They are just advising us", which sounded like doublespeak, and it was Cost cutting:- The company is focused too much on cutting costs. Cutting costs is important but it would be better done organically. The execdutive managers who used to be domain experts have become bean-counters. The way costs are being cut is not right. A lot of the responsibilities are moving offshore because offshore looks cheaper on paper. The problem is offshore is not ready. There are a lot of inefficiencies assosciated with offshore that are not readily apparent on paper. Onshore employees are being laid off, and IME, tenured mediocre employees are being kept while newly hired top performers are being laid off. A lot of good people are leaving. Last 3 quarter the company has consistently said there will be no layoffs, and there have been layoffs every quarter. No one trusts them now when they say "there are no layoffs". Yeah there are going to be layoffs, and it might be me next time. Time to update my resume! Finger pointing:- A side effect of the layoffs is that finger pointing among the middle management is on the rise. No one wants to look bad, so they point fingers at the other team. Everyone used to work together here before Carlyle Egos:- a side effect of having really smart people is their egos. Especially on the technical side, different people are pulling the ship in different directions. There is no captain.

Viewing 1 - 3 of 99 Reviews

Glassdoor has 102 Primatics Financial reviews submitted anonymously by Primatics Financial employees. Read employee reviews and ratings on Glassdoor to decide if Primatics Financial is right for you.