Gelber Group

  www.gelbergroup.com
  www.gelbergroup.com

Gelber Group Reviews

Updated October 30, 2014
Updated October 30, 2014
15 Reviews
4.2
15 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Brian Gelber
5 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Trading intern

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

    I worked at Gelber Group as an intern (more than an year)

    Pros

    Allow interns to develop own strategies and trade live

    Cons

    not a whole lot of hands-on training

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    Good place to work, but low pay

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

    I have been working at Gelber Group full-time

    Pros

    -Relaxed atmosphere
    -Extremely nice and knowledgeable people
    -Cheap health insurance

    Cons

    -Significantly lower pay than other prop trading firms
    -No 401k matching
    -No help with the cost of a public transit pass

    Advice to ManagementAdvice

    Raise pay to match or beat competition

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    2 years as trader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Prop Trader in Chicago, IL
    Current Employee - Prop Trader in Chicago, IL

    I have been working at Gelber Group full-time (more than an year)

    Pros

    -provide autonomy for traders to express ideas
    -people are great
    -very easy to interact with upper management
    -management generally open to ideas

    Cons

    -pay scale can be tough to work with
    -very limited benefits
    -some groups have so much freedom there is almost a lack of leadership

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    Great experience trading in live markets.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Gelber Group

    Pros

    Given tools to learn and use at own disposal.

    Cons

    Must be a self-starter all the time.

    Advice to ManagementAdvice

    N/A

  6.  

    I loved both my winter externship and summer internship.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Chicago, IL
    Former Employee - Summer Intern in Chicago, IL

    I worked at Gelber Group as an intern (less than an year)

    Pros

    Best aspect of Gelber is the relaxed culture and flat structure. It is truly a meritocracy. There is plenty of outside activities to build community in the office as well.

    Cons

    The only challenge of working at Gelber Group during the summer was the limited amount of instruction on trading that they provided. They expected you to be a self-starter, which is fine, but more instruction/guidance would have been nice.

    Advice to ManagementAdvice

    The upper management is very accommodative and approachable. I don't have too many things to say about them, good or bad.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    For those interested in trading, Gelber is a close-knit and highly profitable firm that excels in what they do.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Prop Trader in Chicago, IL
    Current Employee - Prop Trader in Chicago, IL

    I have been working at Gelber Group

    Pros

    Smart people, successful traders, free catered lunches, freedom to design and pursue new trading strategies. Management is encouraging and other traders are a great resource for collaboration. There is an overall emphasis on technology and success.

    Cons

    Freedom to pursue personal strategies is sometimes balanced by a lack of supervision. The uncertain future of algorithmic and HFT will affect the trading industry as a whole, including Gelber. Salaries above the low baseline are fractions of trading profits.

    Advice to ManagementAdvice

    Keep doing what you're doing.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great place to work for

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Gelber Group

    Pros

    Great place to work for, good people

    Cons

    Cant think of any right now

  9.  

    Good workplace, but very political, and problems with some of the people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Programmer in Chicago, IL
    Former Employee - Programmer in Chicago, IL

    I worked at Gelber Group full-time (more than an year)

    Pros

    The pay is excellent, and the people are, as a rule, great to work with. Very laid-back, especially for a trading firm.

    Cons

    Some prima donnas and difficult personalities. Management doesn't seem to be able to manage them, either - they tend to get their way just by being more obnoxious than everyone else. Lots of politics - if you have an in with the right trader, you can do no wrong. If not, watch out!

    Advice to ManagementAdvice

    Learn to discipline people who are causing problems, and quit letting politics play such a big role

    Recommends
    No opinion of CEO
  10.  

    Amazing Hands on Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Prop Trader in Chicago, IL
    Current Employee - Prop Trader in Chicago, IL

    I have been working at Gelber Group full-time (more than 3 years)

    Pros

    Gelber Group offer its trader a great hands on work environment where even interns get to trade their own ideas with real money in the live markets. Brian Gelber is extremely active in the business and really cares about the progress and growth of his traders.

    Cons

    This is not a place where people hold your hand and give you trades that are already profitable to optimize. Its more about what you can create and so there is an 8 month learning curve. However, if you have the right personality and skill set you can be extremely successful within this model.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Decent proprietary trading company with laid-back atmosphere.

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

    I have been working at Gelber Group full-time (more than 3 years)

    Pros

    No micromanagement, generous compensation packages.

    Cons

    Very little structure, weak technical support.

    Advice to ManagementAdvice

    Give traders more active support.

    Recommends
    Positive Outlook
    No opinion of CEO

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