Canaccord Adams Reviews

Updated July 31, 2014
Updated July 31, 2014
11 Reviews

2.8
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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James M. (Jamie) Brown
4 Ratings

Employee Reviews

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  1.  

    Generally positive - but shades of grey

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Boston, MA
    Current Employee - Anonymous Employee in Boston, MA

    I have been working at Canaccord Adams for more than 8 years

    Pros

    The people are great to work with, and management really seems to care about its employees. The firm seems to be in a great position to take off.

    Cons

    The difficult Market environment has created some negativity throughout the organization, and management has a tendency to ignore the problem.

    Advice to ManagementAdvice

    My only real critical advice is to put more attention toward keeping the troops motivated and cut the dead weight

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    If you have no other options it's fine, otherwise go anyplace else

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Professional In Banking
    Current Employee - Senior Professional In Banking

    I have been working at Canaccord Adams

    Pros

    Entrepreneurial culture
    opportunity to be promoted quickly and given lots of responsibility if you earn it - very limited bureaucracy
    for a junior employee it's like working in a locker room or a frat house

    Cons

    pay is well below industry average except if your being hired-in from the outside then you're taken care of
    senior management is incompetent and really bad at leadership
    complete lack of cohesion with in the organization - teamwork and esprit d'core are absent
    very low morale
    lack of support structure and the basics required to do your job effectively lack a staff or proper resources
    with all the acquisitions they've done in the last few years executive management is bloated - they pay themselves huge $ but do little to actualy improve the company

    Advice to ManagementAdvice

    it always cheaper to keep good talent than to identify and hire from the outside

    Doesn't Recommend
    Disapproves of CEO
  3.  

    Great boutique experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Canaccord Adams

    Pros

    Hands on involvement, less stressful than larger firms. Boutique focus - small cap transactions.

    Cons

    Few lead deals - struggle being second tier type firm

    Advice to ManagementAdvice

    Play to your strengths as a boutique - capitalize on your niche

    Recommends
    Approves of CEO
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  5.  

    Hard working

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Canaccord Adams full-time for more than 3 years

    Pros

    Money, deal experience, opportunities for progression, great for network, location, lots of chances to take on responsibility, voice your opinion fast track your career

    Cons

    Culture, working hours, people, stress.

    Advice to ManagementAdvice

    Hire more staff, encourage more social events and having more fun, it cant be all work work as it will be to teh detriment of good work

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  6.  

    It Depends which Department You Work For

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Vancouver, BC (Canada)
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)

    I worked at Canaccord Adams full-time for more than 5 years

    Pros

    Good Salary and great bonuses, friendly Co-workers and opportunity

    Cons

    Leadership lacks vision, fewer opportunities for women and very little flexibility. Poor communication between back and front office - leads to poor implementation of strategy.

    Advice to ManagementAdvice

    Listen to what your staff has to say - they have a good understanding of how the organisation works. The organisation is too top down command and control. Start hiring women with vision.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    Company was adrift and had no compass

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Toronto, ON (Canada)
    Former Employee - Anonymous Employee in Toronto, ON (Canada)

    I worked at Canaccord Adams full-time for more than 3 years

    Pros

    old reputation was good as a trading house with strong market roots, depth and knowledge

    Cons

    trying hard to make itself into a bank and driving away clients who came to the firm to get away from the bank

    Advice to ManagementAdvice

    stay the course and stay true to your roots

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Lost its luster...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Canaccord Adams full-time

    Pros

    Drinking culture, if you want that... They took care of the grandfathered employees from the AHH days. Generally nice people, for a finance...

    Cons

    No support for growth within the firm. Consistently hire out. Numerous lay offs despite extravagant expenses. Not female friendly firm. In fact, all management level women have left. Do not support infrastructure and lack fiscal responsibility. HR is unresponsive and inept.

    Advice to ManagementAdvice

    Invest in your hard-working employees who are supporting your executives and listen to their input. In most cases, they are the back end that actually know what the client respects. Tighten the belt on internal expenses and listen to your clients who aren't impressed with your extravagant spending.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Principal

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Canaccord Adams

    Pros

    Fun people, compensation comparable to peers

    Cons

    Canadiens want to take over US accounts

    Advice to ManagementAdvice

    Avoid paying up for bulge bracket talent that rarely produce in middle market firms.

  10.  

    good learning experiennce

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst
    Former Employee - Analyst

    I worked at Canaccord Adams

    Pros

    rank-and-file colleague really good people, friendly working environment

    Cons

    senior managment did not understand well how to run a sell-side brokerage successfully, overemphsized scheme and plan, vs. focusing on letting its best talents come up with differentiated ideas

    Advice to ManagementAdvice

    focus on emloyees, identify good people, give them freedom, keep them

    Recommends
    No opinion of CEO
  11.  

    Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate
    Former Employee - Associate

    I worked at Canaccord Adams

    Pros

    Laid back environment
    Canadian corporate culture

    Cons

    Somehow disorganized
    little attention for lower level staff
    so so training

    Advice to ManagementAdvice

    more communications with junior staff

    No opinion of CEO

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