58 Employee Reviews (View Most Recent)

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1 person found this helpful  

Engaging and resourceful

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Investment Banking Analyst  in  New York, NY
Current Employee - Investment Banking Analyst in New York, NY

I have been working at Piper Jaffray

Pros

Strong senior level bankers
Leading middle market equity/M&A shop
Strong training program
Small teams
Flat structure
Good work life balance

Cons

Limited exit opportunities
Lots of pitchwork to win business
Unsophisticated client-base
Limited product offering
Limited inter-office collaboration
Limited resources

Advice to ManagementAdvice

Develop firm-wide culture and sense of togetherness
Increase meal allowance and benefits for employees
Take company private to avoid public company scrutiny and additional costs

Approves of CEO

Other Reviews for Piper Jaffray

  1.  

    Comfortable Environment, Good Work,

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  San Francisco, CA
    Current Employee - Anonymous Employee in San Francisco, CA

    I have been working at Piper Jaffray

    Pros

    -Considers itself a family-oriented firm, which means senior execs leave much earlier
    -Competitive compensation at the junior levels
    -Work is typically well-balanced, and fairly meaningful
    -Smaller deal teams mean better exposure to transactions

    Cons

    -Considers itself a family-oriented firm, which means senior execs leave much earlier (guess who's left to do the work?)
    -Compensation tapers off compared to peers at more senior levels, which affects drive to bring high-quality deals to the firm
    -Some groups do much more interesting work than others; hours can vary greatly too
    -In spite of stated focus on ethical practices, petty politics very much present among upper management
    -Performance and contributions of branch offices is often overlooked
    -Corporate missions statements often feel insubstantial

    Advice to ManagementAdvice

    If you're going to make it a point to focus on doing M&A work, you need to recognize that that business cycle is higher risk and should be commensurately rewarded. Also, please open your eyes and learn to see past Minneapolis every now and then.

    No opinion of CEO
  2. 3 people found this helpful  

    Mismanaged firm with lack of vision or strategy amongst the leadership team other than following the bulge bracket firms

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

    I worked at Piper Jaffray

    Pros

    Stepping stone to other jobs within field.

    Cons

    Lack of communication is prevalent at all levels of this firm---from VP to MD to CEO---so the culture is still very much one of a boys' club.

    Advice to ManagementAdvice

    Communicate with your employees in an authentic manner and have a strategy other than following what larger, bulge brackets do to make money in new products/markets.

    Doesn't Recommend
    Disapproves of CEO
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