Mesirow Financial

  www.mesirowfinancial.com
  www.mesirowfinancial.com
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Mesirow Financial Reviews

Updated September 5, 2014
Updated September 5, 2014
50 Reviews
2.9
50 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Mesirow Financial Chairman and CEO Richard S. Price
Richard S. Price
21 Ratings

Employee Reviews

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  1.  

    Mesirow has treated me well over 15 years

    • 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

    Pros

    Great family atmosphere with lots of opportunities for community involvement. Flexible time off policies and holiday schedules. Good learning environment.

    Cons

    Starting pay is good, however, raises do not meet cost of living and bonus structure is non existent. Shared services is not recognized for work.

    Neutral Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Great Company to work for until Mr. Tyree passed away.

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

    I worked at Mesirow Financial full-time for more than 10 years

    Pros

    Great working environment, good culture.

    Cons

    Nepotism. If you were related or a close friend of a member of the original executive team, you got a job.

    Advice to ManagementAdvice

    Too many management executives.

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

    Benefits Department

    • 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 full-time for more than a year

    Pros

    Promoted quickly
    Great work and life balance
    Excellent Senior Manager
    All the employees work really hard and are easy to get along with. I can tell people who have been at the company for a while are dissatisfied.

    Cons

    Compensation is not great. I feel like there is a ceiling as to how far you can make it in the company. Hopefully more growth to give employees a chance to advance.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Very unfair to some of their employees in the Facilities Dept.

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

    I worked at Mesirow Financial full-time for more than 8 years

    Pros

    Great location. Nice Conference center

    Cons

    Supervisor had no clue how to run the conference center or facilities department.

    Advice to ManagementAdvice

    Jim is turning in his grave. He looked after his employees, Price and others could care less.......

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 3 people found this helpful  

    Before nepotism became the overriding cultural foundation of this privately owned company, it wasn't half bad.

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

    I worked at Mesirow Financial full-time for more than 10 years

    Pros

    The office space is great, there is a cafe on-site, and there are Metro shuttle buses available. The building is located in a nice area.

    Cons

    In addition to the horrible nepotism, the President and management leadership doesn't seem to have the ability to move the company culture forward past the 1980s.

    Advice to ManagementAdvice

    Get a CFO that actually understands they shouldn't have as much power as the current one is given.

    Neutral Outlook
    Disapproves of CEO
  7. 6 people found this helpful  

    Information Technology (Shared Services) Department is Total Dysfunction

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

    I worked at Mesirow Financial full-time for more than 3 years

    Pros

    Mesirow Name in the Industry

    Cons

    Outdated Technology
    Outdated working environment (cubes are 1970's nightmare)
    CIO is not a team player or leader
    Lack of Knowledge of the staff hired
    Lack of Customer Service
    Run like a cost center
    Low Pay
    Poor Hours
    No collaboration

    Advice to ManagementAdvice

    The current CIO that took over is no better then the one that was in place. Nothing more is getting accomplished.

    I think a consultant coming in doing the assessment on how to change the department , should not be the individual that gets the role of CIO. This individual was setting up a job for himself, not fixing a need the organization hired him to do. He currently is running the group like a consultancy (a poor consultancy) and this is what is leading to the dysfunction of the IT group.

    Culture: There are people that have worked there for 10+years and they are clueless and have no knowledge, new people that come in are not given a chance to do what they are hired for , because they are run down by the lack of intelligence of the old staff and no leadership of the CIO to push change. You will work long hours with not acknowledgement and everything is a fire drill and reactive , no planning is done to manage the work.

    Management: The current CIO is terrible , no vision, no leadership, he spends more time leaving early and having days off to run marathons all over the world then running his IT department. His lack of engagement is shocking for a person of his level. As well his management and understanding how to manage staff is that of a very junior manager. He is not a coach he runs his team with fear and has no consideration for his team members or their career.

    I think the CEO needs to look at the turnover and delivery (or lack of delivery) of that IT group and get all new staff and a new CIO. The CFO is ignoring the issues presented to her from business areas about IT. This company had respect in the industry, but the lack of IT delivery , CIO leadership and knowledge is what makes IT at Mesirow unsuccessful.

    If you are looking to work in technology for a smart and thriving group, this is NOT the place.

    If you want to work for a CIO that will, keep you in fear of your job and play political games not supporting you as his team, and stab you in the back, Mesirow IT shared services is for you.

    I hope the CEO and CFO wake up and remove this CIO before more good people are forced to leave because they are working in a terrible environment. People invest their careers when hired on , the current CIO only investment is in himself and political game playing.

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

    Moving on

    • 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 for more than 5 years

    Pros

    Location, co-workers, new office building, good work/life balance, a lot of charitable giving, decent health benefits and time off. Used to be a great place to work and I learned a lot from my immediate supervisor and co workers.

    Cons

    Executive management and senior department managers in some groups really don't care about developing the people they manage. Be careful if you work in Facilities, HR, or IT. I was told the IT manager works his IT people to death and you get no overtime, comp time, or any other compensation. Just a pat on the back. The company has gone through a lot of changes since Jim Tyree died but there seems to be a lot more organization problems. The company is top heavy, meaning too many Vice Presidents, Senior Vice Presidents, and managing directors. Wait a few years to see if they can get it together then see if this would be a good fit for you.

    Advice to ManagementAdvice

    Get it together if you want to remain a respected company and one people want to work for again.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Hard work rewarded

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Mesirow Financial

    Pros

    Smart, enterprising, and loyal employees are rewarded with good bonuses

    Cons

    Little too much nepotism. Need to focus more on promising new markets created by innovations in technology.

    Advice to ManagementAdvice

    Keep abreast of latest innovations in technology so you can insulate yourself from potential disruptions to your traditional lines of business.

  10. 2 people found this helpful  

    The PRICE is NOT Right !

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

    I worked at Mesirow Financial full-time for more than a year

    Pros

    Most Co-Workers where nice and easy to get along with. Work loaded and family life is a good balance. My Supervisor was great, but that's where it ended.

    Cons

    Richard Price will run it into the ground. He talks about creating jobs out of one side of his mouth and lays off whole departments out of the other side. He and Senior Management only care about padding their own pockets.

    Advice to ManagementAdvice

    Mesirow should think about cleaning house, starting with Price and working their way down. Jim Tyree must be turning in his grave, seeing the way Price and has run this company down. What a shame!!!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 1 person found this helpful  

    Needs new leadership

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

    I have been working at Mesirow Financial full-time for more than a year

    Pros

    Good salary and benefits. Great location

    Cons

    Management is very unfair to staff in some departements. Some who are not competent are allowed to stay for years and years if they are liked. Lots more turnover and terminations than other companies the same size.

    Advice to ManagementAdvice

    Listen to employees one on one sometimes not in group settings where people are araid to tell the truth

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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