Piper Jaffray

  www.piperjaffray.com
  www.piperjaffray.com
Work in HR? Unlock Free Profile

Piper Jaffray Reviews

Updated September 24, 2014
Updated September 24, 2014
60 Reviews
3.2
60 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Piper Jaffray Chairman and CEO Andrew S. Duff
Andrew S. Duff
34 Ratings

Review Highlights

Pros
  • Generally good work life balance for finance (in 4 reviews)

  • Flexible work schedule, nice people, meaningful projects (in 5 reviews)


Cons
  • Poor management and work-life balance (in 3 reviews)

  • Lack of client engagement and accountability on part of senior management (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Unless your a big wig making $500k a year you dont exist.

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

    I worked at Piper Jaffray full-time for less than a year

    Pros

    Nice location downtown its right by the bus stops and the walkways.

    Cons

    All "management" are a joke to work with. "My way or the highway"

    Advice to ManagementAdvice

    quit!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    No communication from management, very disorganized structure.

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

    I worked at Piper Jaffray

    Pros

    Nice employees to work with. Good opportunity to make a lot of money.

    Cons

    No clear vision for future. Rapid hiring with no direction for new hires.

    Advice to ManagementAdvice

    Develop. Game plan before hiring employees.

    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Unhelpful Internship

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

    I worked at Piper Jaffray as an intern for less than a year

    Pros

    - Regular meal and cab expenses

    Cons

    - A lot of admin work and no financial modeling
    - Pay is not consistent with ibanking internships; it is SALARIED not hourly so expect to work long hours without the right compensation
    - Rude culture; I was rarely called by my name
    - No real staffer to give you work; hence, you end up doing bits and pieces here and there for random people without completing a project/deal from start to finish
    - No mentorship to help you grow

    Advice to ManagementAdvice

    Create an internship similar to that of other banks and you might retain some interns when you extend offers

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5. 1 person found this helpful  

    Frustrating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director  in  New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at Piper Jaffray full-time for more than 5 years

    Pros

    Remarkably enduring brand
    Strong senior bankers dedicated to delivering for clients
    Good cultural feel in individual industry groups

    Cons

    Persistently and demonstrably poor and inexperienced leadership, with a bewildering sense of entitlement
    Lack of client engagement and accountability on part of senior management
    Absence of vision and passion to win at helm
    Very siloed structure with disincentives to cross industry teams and work as one firm

    Advice to ManagementAdvice

    Have vision and exert leadership rather than reciting corporate platitudes as strategy.

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

    I would be very surprised if this ship stays afloat for too long!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Minneapolis, MN
    Former Employee - Vice President in Minneapolis, MN

    I worked at Piper Jaffray full-time for more than 3 years

    Pros

    Talented individual contributors. A great place to learn without the rewards.

    Cons

    Inept management, lacks talent across the board.

    Advice to ManagementAdvice

    Stay away from playing politics. Please compare yourself to your peers. Maybe you talked yourself in to a promotion. Ask yourself if you are really qualified for the job? If not, step aside.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Worst Sweat Shop ever!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Piper Jaffray full-time for more than 5 years

    Pros

    Exposure to C-level executives, great learning experience. You get to do all the work - learning- with everyone else is ready to take credit

    Cons

    No work life balance
    Inexperienced senior management incapable of sourcing deals that will actually close
    Dissatisfaction at every level due to compensation or nature of work resulting in everyone trying to look for an exit

    Advice to ManagementAdvice

    Needs to put a serious thought into whether the franchise will be in business in 10 years

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

    Little Fish that thinks it's big

    • Career Opportunities
    Former Employee - Trading
    Former Employee - Trading

    I worked at Piper Jaffray full-time for more than 5 years

    Pros

    Midwestern atmosphere, centraly located and business casual.

    Cons

    Mismanaged, Nepotism & Politics. If your members of the 'right socienty' you'll fit right in. Otherwise, get ready so shoulder bafoons.

    Advice to ManagementAdvice

    Quit!

  9. 1 person found this helpful  

    Worst sweat shop ever

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Piper Jaffray full-time

    Pros

    Certain sub-groups are doing great job and have strong market presence - Health Care (Med Tech only)

    Cons

    No vacation for associates
    Substantially lower pay compared to street - even compared to middle market
    Inexperienced VPs and Principals incapable of running transactions

    Advice to ManagementAdvice

    Clean up the house to bring in strong performers and revenue generators; ensure junior team does not burn out

  10. 2 people found this helpful  

    Breeds mediocrity

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

    I have been working at Piper Jaffray

    Pros

    Has a great mission statement

    Cons

    Nothing that is done is consistent with the mission statement

    Doesn't Recommend
    Disapproves of CEO
  11. 2 people found this helpful  

    A New Level of Incompetence

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

    I worked at Piper Jaffray

    Pros

    Decent i-banking in specific verticals (Consumer, MedTech)
    Less pressure than other i-banks

    Cons

    Poor management
    Do not pay for performance, pay for a**kissing (how is this different than corporate America?)
    Poor people management from hiring to evaluating to compensating
    Only pay when confronted with competitive offers - a word to the wise: spend your time getting other job offers, not doing your job for Piper well

    Advice to ManagementAdvice

    Stop paying $ to senior management for poor job
    Evaluate and pay people for what they add to your bottom line

    Doesn't Recommend
    Disapproves of CEO

Piper Jaffray Photos

Sign
Office Lobby
London Office
Piper Jaffray

+ Add Photo

Worked for Piper Jaffray? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.