Pros
Stifel provides a paycheck, but don’t expect anything more.
Cons
Out of touch CEO. You are viewed as an employee number and not as a valued member of the team. They recently removed the work from home option and are requiring the headquarters to return to the office 5 days a week. Stifel will lose talented employees to competitors where they are valued. Financial Advisors drive revenue but the lack of respect for the home office will result in 2 options: a) massive turnover which will in turn provide poor service, guidance and advice from the home office to clients or b) employees will stay and put in the bare minimum as they do not feel valued which will also lead to a poor client experience. No culture. Stifel praises itself on the “Stifel Way”, but this has never once been explained or reflected by executives. From a home office standpoint the culture is non-existent other than coming into the office, swiping your badge when you get in, and taking minimum breaks. There is no incentive to do anything more than the bare minimum. Hard work is not rewarded, but rather all of the employees are treated the same. Again, instead of being rewarded for excellent service/performance all employees are treated with the same benefits.