Advanced Equities
2.1 of 5 7 reviews
www.advancedequities.com Chicago, IL 500 to 999 Employees

Advanced Equities Reviews

Updated Dec 12, 2013

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2.1 7 reviews

                             

33% Approve of the CEO

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Michael Dockendorf

(3 ratings)

17% of employees recommend this company to a friend
7 Employee Reviews
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No as bad as reported

Investment Executive (Current Employee)
New York, NY

I have been working at Advanced Equities full-time for more than a year

ProsMichael Dockendorf the new President is really turning this place around.
It is a New York Firm so if you are one of the boys it is quite fun.
The guys that gave this place a bad reputation have left.

ConsLots of the guys will try and be your friend because they are not very good at their job.

Advice to Senior ManagementHire better people.

Yes, I would recommend this company to a friend

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Investment Advisor

Account Executive (Former Employee)
San Francisco, CA

I worked at Advanced Equities full-time for less than a year

ProsInteresting private equity transactions. Worked with some of the best VC in Silicon Valley. The founders and entrepreneurs would give interesting presentations about their companies.

ConsAll the deals went bad. All the investors generally lost all their money. Never had a big winner at all. Company used very high-pressure sales techniques to sell these bad investments.

Advice to Senior ManagementNeeds better investments and drop the cheap high-pressure sales techniques.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Great Business Model, horrible execution

Vice President (Current Employee)
Chicago, IL

I have been working at Advanced Equities full-time for more than 5 years

ProsYou have access to very exclusive venture backed opportunities that HNW clients normally wouldn't be exposed to.

ConsNothing is ever what it seems. Upper level management is inherently dishonest. And you are absolutely on your own when it comes to sourcing leads.

Advice to Senior ManagementFire them all and start from scratch. Stop spending so much money on corporate retreats and start rewarding your sales force. Lastly, stop lying.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Poor

Investment Executive (Former Employee)
San Francisco, CA

I worked at Advanced Equities

ProsLearn basic knowledge of selling and deal execution.

ConsAt the time management was horrendous, from the VERY top down.

Advice to Senior ManagementYour bottom workers pay your bills, respect them.

No, I would not recommend this company to a friend

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Amazing partnerships with the best VCs...spoiled by used car salesmen aproach

Anonymous Employee (Current Employee)
San Francisco, CA

I have been working at Advanced Equities

Prospartnered with some of the top VC firms and worked on some really interesting capital raises. Involved in numerous disruptive technologies

Consthe sr. management is potentially on the verge of criminal activity in regards to how they distribute information and advise their clients. Management is street smart, but clearly lack the ability to run a VC firm/investment bank or whatever it is they want to call themselves.

Advice to Senior Managementquit. relinquish your titles and hire actual VC partners who are respected in the industry and by their colleagues and employees

No, I would not recommend this company to a friend

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Overall a poor experience.

Account Executive (Former Employee)
Chicago, IL

I worked at Advanced Equities

ProsOpportunity for a huge payout if and when there is a liquidity event.

ConsWith the advent of Sharespost and SecondMarket their model is outdated.

Advice to Senior ManagementNone.

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Advanced Equities

Anonymous Employee (Current Employee)
Chicago, IL

I have been working at Advanced Equities

ProsThe company provides access to private investment opportunities backed by some of Silicon Valley's most high profile venture capital firms.

ConsOnly way to succeed there is if you have an existing book of business or if you know "money" and are able to raise capital from high net worth individuals.

Advice to Senior ManagementNeed to hire more competent, trustworthy management that can recruit talented individuals and need to properly train those recruits and give them the proper resources to expand their respective businesses.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Advanced Equities reviews and ratings — including employee satisfaction and approval rating for Advanced Equities CEO Michael Dockendorf . All 7 reviews posted anonymously by Advanced Equities employees.