First Southwest Company

  www.firstsw.com
  www.firstsw.com
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First Southwest Company Reviews

Updated September 3, 2014
Updated September 3, 2014
9 Reviews
2.2
9 Reviews
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Hill Feinberg
2 Ratings

Employee Reviews

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  1.  

    Stable Company

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

    I have been working at First Southwest Company full-time

    Pros

    Very good Job Security and they give you quite a bit of vacation/personal time

    Cons

    upper movement is hard and the work environment is cold

    Advice to ManagementAdvice

    Be nicer to employees, even on a bad day for you

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2.  

    Above average hours, below average pay

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

    I worked at First Southwest Company full-time

    Pros

    Most of the lower level workers are nice and helpful

    Cons

    Management doesn't care about lower level employees. Pay is well below average for the industry and the hours you are expected to work. They keep people there with the promise of future compensation that never comes. Inconsistent direction from management. NO work life balance. If you have other options, do NOT work here.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern  in  Houston, TX
    Former Employee - Intern in Houston, TX

    I worked at First Southwest Company

    Pros

    very friendly team members. great work environment.

    Cons

    new office location is somewhat inconvenient.

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  5. 1 person found this helpful  

    If you are a workaholic with NO personal life, then this is the place for you.

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

    I worked at First Southwest Company

    Pros

    They are loyal to employees that are loyal to the company.

    Cons

    Lack of respect from upper management. Little recognition for a job well-done, but a lot of recognition if something goes wrong.

    General atmosphere of senior leadership not caring about so-called "support staff."

    They expect you to be a workaholic and do not expect you to have a personal life.

    Benefits not up to date with many other companies current standards.

    Advice to ManagementAdvice

    The improve the work/life balance and recognize when an employee is doing an exceptional job. If an employee is doing a good job then reward them monetarily.

    Improve benefits for employees.

    Doesn't Recommend
  6. 1 person found this helpful  

    Hope you like Texas-style management

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

    I worked at First Southwest Company

    Pros

    Exposure to the public finance industry.

    Cons

    salary, hours, old boys texas mentality management

    Advice to ManagementAdvice

    Reward people for their contribution, try to be more diverse, let your employees know you value them, reward those for hard work and not for playing office politics

    Doesn't Recommend
  7.  

    People are great becareful of upper management

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

    I have been working at First Southwest Company full-time for more than 3 years

    Pros

    The people that work in the trenches are great and are a great resource for learning from the ground up. They also give the opportunity to get your FINRA licenses.

    Cons

    The pay is laughable, and make sure you get any agreements for raises, bonuses or any type of compensation in writing, as they are famous for changing things. Health insurance is pretty weak, as they've instituted a high deductible plan. Vacation time is stingy as well, not leading to a great work life balance. They also think nothing of spending a fortune on travel and entertainment, but say there is no money in the budget when it comes to raises or bonuses.

    Advice to ManagementAdvice

    Come out of your ivory tower and remember what it was like to be on the lower end of the corporate totem pole. Reward employees accordingly for a job well done, don't punish them when they ask for a raise.

    Doesn't Recommend
    Negative Outlook
  8. 1 person found this helpful  

    Management is unengaged, and unappreciative. Make sure your agreement is in writing.

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

    I worked at First Southwest Company full-time for more than 5 years

    Pros

    The firm is very ethical in its dealings with customers. In terms of following regulation, there is no need to worry about stepping over the line. They don't. If you are in public finance, it is a great place to learn. Try not to work in the home office.

    Cons

    Employees are treated poorly by upper managers. There is no recognition of employee efforts. In fact, upper management will take credit for your success, and point out all your failures, limiting any upside potential. Management does not communicate. There is no mission beyond "working harder". "Face-time" is confused with productivity-especially in the home office. Team-work is non-existent-even for huge projects-with a few exceptions. If you are paid with incentives/bonus, obtain how they will measure you in writing up-front. They will renege.

    Advice to ManagementAdvice

    To the folks making the acquisition: Get a very large broom.

  9.  

    Be prepared to deal with egos and a salary that is well below market

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

    I worked at First Southwest Company

    Pros

    There are many resources and intelligent people but you will have to dig for them.

    Cons

    Low salary
    Weak healthcare benefits

    80% of the staff are wonderful. Unfortunately, the other 20% make you question your employment decision. Be on a lookout for big egos and don't be surprised when you are inevitably thrown under the bus.

    Advice to ManagementAdvice

    Lead for once and pay attention to ideas and performance

    Doesn't Recommend
  10.  

    A place for people with ethics, honor and family-focused priorities

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

    I worked at First Southwest Company

    Pros

    Very supportive of family engagements, needs for time off and with respect to health. A stable firm. Ethics are a very big priority at the company, client-focused. Long-term the company will be able to survive with its firm commitment to municipal finance.

    Cons

    Small but nationwide means people & resources are often stretched rather thin. Unless on a direct career path, limited advancement or lateral opportunities. Slightly below market pay. Quite a few difficult Type-A personalities - not as bad as what's thought of regarding Wall Street, but may not be for the emotionally fragile.

    Advice to ManagementAdvice

    More than a few non-producing resource hogs that could use being chopped down a few ranks (or just graciously flushed).

    Recommends

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