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Stifel Financial

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Job Security But Not For Everyone - Operations Associate Stifel Financial Employee Review

4.0
Jul 18, 2023
Recommend
CEO approval
Business Outlook

Pros

Pays the bills and has great benefits. Beautiful home office. The atrium was my favorite place to eat lunch. You can see the arch from the 4th floor and up. Friendly people and engaging atmosphere. The Women's Inititive Network is a great networking opportunity. Community Service projects available. Wellness Coordinator, Massage Therapist, and car detail service available. Growing company ensures job security, as long as you play your cards right. Plenty of opportunity to change departments if unsatisfied with current position. The CEO, Ron, sends the firm emails on holidays and has an optimistic persona. Constantly trying to market Stifel as the choice full service brokerage firm. Great first job out of collage. Can not promote this company enough for students because of their great internship program.

Cons

Pay is no better than other companies, but you do have to pay for parking. Attached STL Parking Garage normally costs $85 a month to park there. Currently it is $25 a month since it is under construction. Stifel will likely never fully own this garage. Park at your own risk as burglaries have occurred there. Executives have their own private, gated garage. I do not think the hardest working employees are paid the most. WFH was available for most associates during Covid, but is slowly being rescinded. WFH is available for some associates, but on a very limited basis. Stifel University is an general overview class about Stifel. Other than that, department training is virtually non-existent. New hires have to learn on the fly, which is stressful for the new hire and a risk for the company. Lean staffing ensures that there is little time to spare on improving department training and operational procedures. I fear that there may not be enough seasoned operations associates to ensure long term success unless they are paid less than the industry standard or constantly working OT. Branch resources could be better. Operations associates are no longer allowed at the Stifel annual conference or Stifel Christmas party. Many senior managers have retired and other senior level associates have left for other companies that better fit their needs. Can be very stressful and unforgiving based on your role. They will sponsor you to take the SIE or Series 7 but all studying must be done outside of work. Hard to grow professionally, but you do get plenty of experience. I used to say that I feel like I have done so much, but achieved so little. However, Stifel is not the worst place I have worked at.

Explore other reviews about Stifel Financial

5.0
Jul 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Good location, nice people. I liked the environment and was only their for a month.

Cons

No cons from me. Other people have said that their is not much growth in the future at stifel.

1.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

* Higher pay than some of my previous positions. * Professional corporate office environment. * Gained experience in the financial services industry. * Developed strong client service and communication skills. * Learned to work with regulated processes, documentation, and account-related tasks. * Built experience handling confidential and sensitive information. * Strengthened organizational, administrative, and problem-solving skills. * Opportunity to work with a diverse client base and professional colleagues. * Valuable résumé experience in wealth management and financial services. * Competitive benefits, including retirement savings options. * Expanded my professional background beyond retail and customer service roles. * Improved my ability to manage multiple tasks and priorities in a fast-paced environment. * Gained experience that is transferable to healthcare, administrative, and customer-facing roles.

Cons

Training felt limited after the initial onboarding period. * Opportunities for cross-training and learning other departments were minimal. * Work environment felt siloed, with teams operating independently. * Limited feedback and coaching from management. * Felt there was little support for professional development and growth. * Difficult to gain exposure to different areas of the business. * Expectations could be unclear at times. * Challenging to build confidence when training and support were inconsistent. * Limited sense of teamwork and collaboration across departments. * Career advancement opportunities did not feel clearly defined. * Work was often repetitive and task-focused. * Did not feel like a long-term fit for my career goals and interests

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