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Stifel Financial

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Stifel Financial reviews

3.7

56% would recommend to a friend

(887 total reviews)

Ronald J. Kruszewski

67% approve of CEO

57% positive business outlook

Stifel Financial has an employee rating of 3.7 out of 5 stars, based on 887 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Stifel Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

887 reviews
2.0
Apr 15, 2016
Recommend
CEO approval
Business Outlook

Pros

Talented IT staff and fairly decent work/life balance

Cons

- executive office is extremely resistant to change and clearly want to work with people who "play the game" rather than do the job; overall lack of vision for the future, adherent to "old model" values and culture - Forced to trade and invest with stifel once employed (which they don't tell you until you've already signed on). Their trade operations are cantankerous and antiquated, not to mention the steep execution fees for virtually no value added - the CEO is notoriously cheap, unpersonable and profits off employees whenever possible (parking fees, trade accounts, etc); benefits are quite a joke, just like the trade operations

1.0
May 18, 2015
Recommend
CEO approval
Business Outlook

Pros

Location, that's about it. There's also a lot of places to eat lunch close to the home office if that does it for you.

Cons

Where to begin? False promises, pigeon holed jobs, no collaboration between "teams". The people who have been there are so protective of their jobs they refuse to help and actually get angry when you teach yourself. It is by far the most unhealthy environment I've ever been in, professionally or personally.

1.0
Jun 16, 2016
Recommend
CEO approval
Business Outlook

Pros

Stifel offers an introduction to how a basic financial firm works, presents thousand of examples of what poor management looks like, and offers hundreds of examples of how archaic methods create a dystopian environment in an office setting. Stifel also pays slightly more than working in retail.

Cons

Stifel is a company embedded in old methodology, with many of their home office managers grossly under qualified for their current positions. Many do not even possess an associates degree and lack any and all professionalism and talent to conduct their jobs in an effective manner. The senior management at the home office in content to follow a work-flow order from the 1980s rather than take appropriate steps to modernize. The home office is normally a place of entry level employment at a company, but not at Stifel. You are required to be more educated than the director and assistant director of operations to get an interview, but you will not be promoted out of the basic office despite your education and Series 66/7 license. They view all employees as fungible, and remain grossly under qualified and intellectually unable to foster and grow any internal talent. This will likely reach a critical mass point when other firms hire away the good talent. Stifel requires internal promotions to be approved by the losing body, and the assistant director of operations routinely denies internal promotions outside of the back office despite the employee taking the position for a substantial raise. No formal training has been developed, and he internal manuals in departments conflict with each other. Stifel frequently has unlicensed employees handle business and trade they should not be covering, instead turning the other way to get things done. This is not a company to work for on any level. Once the breaking points in personnel hit, they will lose all support and be left with no way to snipe employees from other firms as Stifel pays far below industry standards.

Viewing 4 - 6 of 887 Reviews

Glassdoor has 1,086 Stifel Financial reviews submitted anonymously by Stifel Financial employees. Read employee reviews and ratings on Glassdoor to decide if Stifel Financial is right for you.