Canaccord

  www.canaccordfinancial.com
  www.canaccordfinancial.com
There are newer employer reviews for Canaccord

 

A slow, painful downward slide

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

I worked at Canaccord full-time (more than 5 years)

Pros

Compensation, bonus, good location. When the family that founded the company still ran it, it was a fantastic place to work, great teams, respect, hard working.

Cons

Since a RTO was accomplished by former rival GMP and the Reynolds cabal it has been a slow and painful downward slide. Money is all that matters. People are completely expendable. Terrible corporate culture. Lack of honesty, decency, values.

Advice to ManagementAdvice

Learn some values. Start at the top.

Doesn't Recommend
Negative Outlook
Disapproves of CEO

12 Other Employee Reviews for Canaccord (View Most Recent)

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  1.  

    Decline your offer if you get it.

    • 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 full-time

    Pros

    Only Pro I could think of is being able to leave after the market ends.

    Cons

    Almost everything. No training at all. Basically they say hello welcome to canaccord, here's your seat. Thats it... No help from co-workers. IA think they are the next warren buffett, but actually they just want more commission.

    Advice to ManagementAdvice

    Hire IA's and employees for their skills and experience, not because they have connections to current / former employees.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Waste of time

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Advisor in Victoria, BC (Canada)
    Former Employee - Investment Advisor in Victoria, BC (Canada)

    I worked at Canaccord

    Pros

    High payout compared to most other firms, decent benefits over all, and the other advisors are really what made it bearable.

    Cons

    No feedback, and the firm makes rash decisions too often. There is no feedback, and certainly no assistance for new advisors... which makes it hard to grow. A lot of trial and error... at first.

    Advice to ManagementAdvice

    Train the managers, and make sure that communications are accurate and past employees aren't inadvertantly subverted in order to keep them from becoming competition later.

    Doesn't Recommend
    No opinion of CEO
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