Terrible Experience - Portfolio Analyst BlackRock Employee Review

1.0
Aug 15, 2013
Recommend
CEO approval
Business Outlook

Pros

Work/life balance is probably the only thing good -- but that does depend on your manager. Also depends on whether you have a child or not.

Cons

I came to this company thinking what a wonderful and reputable company it is. I even moved to Wilmington, DE from New York! I am very disappointed with my experiences for serveral reasons: (1) I have been here for 3 years and am making a minimal salary that barely covers the cost of living here. I know people with various companies in Wilminton making almost double of what I earn. Not to mention -- people coming into the company out of college as entry levels are earning more than what I am earning after 3 years of working here! How can you not adjust old employee salaries? (2) Management is horrendous. They do not recognize you or give you credit for any work that you do. (3) Internal mobility -- forget about it. If you think you can get another job within the company -- you are dreaming. (4) Promotion process sucks -- it isn't dependant on how hard you work or how much you know -- it is all dependant on how many years you have been here. The list can go on. Biggest disappointment -- I cannot wait to leave. I would never recommend anybody working here. Not to mention the retention rate is very low

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5.0
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Pros

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Cons

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2.0
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Pros

Branding branding branding!!! an incredible brand, and having it on your resume opens some doors but not all.

Cons

The Preqin acquisition never really found its identity after becoming part of BlackRock. It felt like the focus shifted from listening to clients to fitting Preqin into a broader BlackRock strategy. As AI changes how firms access and analyze private market data, simply being a data provider isn’t enough anymore. My impression was that Preqin’s long-term value is likely to come from being integrated into the broader Aladdin ecosystem and APIs, rather than remaining a standalone platform. Leadership would benefit from spending more time listening to customers and the teams on the front lines instead of assuming they already know what the market wants.

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