Mesirow Financial Reviews

Updated March 6, 2015
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3.2
63 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Mesirow Financial Chairman and CEO Richard S. Price
Richard S. Price
30 Ratings

Pros
  • work life balance is good and they offer tuition exchange (in 8 reviews)

  • Great culture, and their senior managers are very accessible (in 3 reviews)

Cons
  • Shady morals/values between some upper management (in 5 reviews)

  • Communication is not the best, and sometimes non-communicators play the blame game to cover up their lack of communication (in 3 reviews)

More Pros and Cons

Employee Reviews

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  1. Great place to work

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

    I have been working at Mesirow Financial

    Pros

    great environment
    great people
    learn a lot

    Cons

    weary of promotions
    position environment depends on the team

    Advice to ManagementAdvice

    share goals and strategies with employees and what to do / grasp in order to get to the next level

    Recommends
    Positive Outlook
    Approves of CEO
  2. ok place.

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

    I have been working at Mesirow Financial

    Pros

    Charity events ; business casual; decent benefits

    Cons

    Varies by business line; turnover.

    Advice to ManagementAdvice

    Leadership - need to remove bad management.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. Business Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst - IT Shared Services in Chicago, IL
    Former Employee - Business Analyst - IT Shared Services in Chicago, IL

    I worked at Mesirow Financial

    Pros

    Finance and Accounting - Had a chance to work on such systems.

    Cons

    Shared Services - After main project was completed, the position turned away from finance and towards shared services.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 4 people found this helpful

    Not what it use to be......

    • 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 Mesirow Financial

    Pros

    In a great location. The staff (i.e. people on the bottom of the totem pole) are great people. Smart, friendly and a lot of fun.

    Cons

    Where to start....
    The agenda of the current CEO has moved away from the strong employee values that were held by the previous one. I think the title held of a "great place to work" only applies to certain departments. Nepotism is the key word here. Avoid Facilities, IT, and Accounting/Finance (shared services) departments at all costs. The CFO of this group is a moody and unapproachable grouch with little interest in improving the declining employee moral or just taking an overall interest in the employees period. Most senior managers have zero people skills. Salary, bonuses and raises depend on who you work for and your title, not your actual performance. Communication is non-existent.

    Advice to ManagementAdvice

    Understand that employees have lives outside of work and employ a flex-schedule. Also understand that female employees may get pregnant in there time there and should not be penalized during annual reviews for having to take a maternity leave. Take an active interest in promoting employee growth. Instead of slicing and dicing departments and staff, focus on returning to the values and ideas that got the company to where it is now.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful

    Vice President

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

    I have been working at Mesirow Financial full-time

    Pros

    Friendly atmosphere where people genuinely seem to care about one another. Good work life balance and benefits. Mesirow is a very active member of the community with a strong charitable giving program.

    Cons

    Employee compensation (salary and bonus), work life balance, flexibility and opportunities for advancement and growth can vary greatly between departments.

    Recommends
    Neutral Outlook
    Approves of CEO
  7. Meh...

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

    I worked at Mesirow Financial full-time (less than a year)

    Pros

    The day I resigned to leave for a much better opportunity back in the health care industry (which I shouldn't have never left in the first place)....Oh and the office building and free coffee was nice.

    Cons

    I think the previous reviews pretty much summed up all of the problems and issues.

    Very disappointed to find out on my first day that all of the things they talked up during the interviewing process about why it's a great place to work and such was a flat out lie. Limited flex time and a culture of rudeness does not constitute a best place to work ranking.

    There were way too many "Managing Directors" (whatever that means) and VPs which usually translates to administration not having a clue how to properly run the business. As well as way too many under performers which tanks overall morale and high-performers bolt for the doors as fast as they can.

    Producers only in name/theory that receive asinine commissions when they never even built the relationships and booked the sale to begin with but inherited it due to nepotism or some shady political connection. And there was a very disturbing/strange cult of personality of a former key player.

    Place was demoralizing and a nightmare from the word go. Benefits and pay were decent. Upper management was laughable.

    Advice to ManagementAdvice

    Clean house - leadership needs to change their approach in order for associate satisfaction and employee retention to increase - "all-inclusive" parties only get you so far.

    Get Producers that actually produce and are not some "need a favor" political connection - and hold them accountable instead of allowing them to drain the bank account.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  8. 1 person found this helpful

    Good Company

    Former Employee - Analyst in Chicago, IL
    Former Employee - Analyst in Chicago, IL

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

    Pros

    work life balance is good and they offer tuition exchange

    Cons

    growth opportunities and career development could be stronger

    Recommends
  9. Strange

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Mesirow Financial full-time

    Pros

    Many people from large brokers have found satisfaction in this environment. Work environment is reasonable stable unlike larger corporations who seem to have operations department whose only interest is in justifying their jobs with new management pushing change to impress shareholders. This company is employee owned.

    Cons

    Expectations are high and the work volume is overwhelming. Upper management decisions are made by committee so not much gets done. Team work is fictional since the people just are not there.

    Advice to ManagementAdvice

    None.

    No opinion of CEO
  10. 1 person found this helpful

    Upper management only cares about themselves

    • 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 Mesirow Financial full-time (more than 3 years)

    Pros

    Company has been around for decades, brand recognition in the Midwest, good location, good peers who were supportive.

    Cons

    Top-heavy upper management who only look out for themselves, support staff & other departments stretched thin, a lot of good employees have either left or were laid off.

    Advice to ManagementAdvice

    Make a genuine, concerted effort to acknowledge other departments as well as your subordinates. It takes more than a broad email or a gift card to make the staff feel appreciated.

    Doesn't Recommend
    No opinion of CEO
  11. Good Company

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

    I worked at Mesirow Financial as an intern (more than a year)

    Pros

    Very Friendly
    Growing
    Easy to make an impact there

    Cons

    Still relatively small
    Not as highly driven as some other places

    Recommends
    Neutral Outlook
    Approves of CEO

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