Sterne Agee and Leach
3.5 of 5 11 reviews
www.sterneagee.com Birmingham, AL 5000+ Employees

Sterne Agee and Leach Reviews

Updated Jul 7, 2014

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3.5 11 reviews

                             

60% Approve of the CEO

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Jim Holbrook

(5 ratings)

78% of employees recommend this company to a friend
11 Employee Reviews
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    SAL is great!

    Investment Banking Analyst (Former Employee)
    New York, NY

    ProsGreat people, strong potential for growth in the next 5 years. Just went through a major change in management, emphasizing growth in the investment bank. Management says revenue will double in the next 5 years. Very exciting opportunities to come.

    ConsSAL is experiencing some growing pains. Though they intend to grow the investment bank, it remains somewhat unorganized and does not yet have a steady deal flow. They also need to start targeting more elite schools for better talent.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Operations Specialist

    Operations Specialist (Current Employee)
    Birmingham, AL

    ProsGreat place to work especially if you're young looking to get some good experience. Easy to talk to upper management and most of them go out of their way to help you succeed.

    ConsNot really anything bad to say about the company. Things are constantly changing and evolving which is alway exciting.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Don't take a job here

    ACAT Specialist (Current Employee)
    Birmingham, AL

    ProsNothing. Literally NOTHING.

    Well the work day did end at 4 or 4:30 depending on the role, but that's just because management leaves at 3:00 and they don't want it to look bad.

    ConsTerrible working environment.

    Horrible Bosses.

    Grossly Underpaid.

    Job security is non-existent.

    Management paces the cubicle rows and micromanages.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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    My experience @ Sterne Agee and Leach was great!!

    Senior Wan Engineer (Former Employee)
    Birmingham, AL

    ProsConstant challenges to uplift the mind.

    ConsDid not have any complains while working there

    Advice to Senior ManagementGood job guys

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great independent division

    Adviser (Current Employee)
    New York, NY

    ProsGood payout, above 90% on grid with average expenses. The best part of working for them is acces to competent back office and research, They are growing very fast, access to wide array of deals.

    ConsTicket charges at$20 are rich.

    Advice to Senior ManagementDo more deals.

    Yes, I would recommend this company to a friend

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    Very bureaucratic with poor management--proceed with caution

    Anonymous Employee (Former Employee)

    ProsSterne Agee provides a relatively high degree of autonomy. Coworkers [below management] are friendly, and the Company provides access to valuable resources like FactSet.

    ConsWhen I started, there was no on-boarding process; I actually had to call IT on Day 1 to get a computer setup and contact the building admin to get access to my office. Some of the internal processes require training, and none was provided.

    My manager struggled to communicate expectations, and internal processes were very disorderly. My manager would call at strange times (before 6am; after 11pm) for assistance on trivial tasks like copying cells in Microsoft Excel or reformatting a slide in a presentation. The layer[s] of management above my manger were very distant, and balked at any form of interaction.

    Sterne Agee also felt very 'direction-less' as there were NO company-wide communication that indicated any high-level strategy or company health (in fact, this review is the first time I've ever seen the CEO's name). This translated to what felt like a very unmotivated workforce.

    Further, while I was there, I saw numerous layoffs. I would be weary about job opportunities as job security is less than tepid.

    Advice to Senior ManagementEngage the rest of the company--they want to know you exist. Reduce some of the layers and stop holding on to bad employees.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Great avenues for professional growth

    Assistant Vice President (Former Employee)
    Birmingham, AL

    ProsI was given a lot of responsibility and decision making opportunities at a critical early stage in my career. There is a very strong, motivating culture that is entrepreneurial and aggressive in nature. It was great to feed off and contribute to that energy.

    ConsThe firm has a strong, experienced senior management team with a concise vision of where it would ilke to be in the future. That being said, sometimes it felt as though strategic decisions took too long to be implemented.

    Yes, I would recommend this company to a friend

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    Very Nice Place to Work

    Executive Assistant (Current Employee)
    New York, NY

    ProsVery Good Place for Learning Financial Services Industry

    ConsNot enough women employees in Office

    Advice to Senior ManagementHire more Women

    Yes, I would recommend this company to a friend

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    ok

    Associate (Current Employee)
    Boston, MA

    Prosfun environment-working on trading floor

    Consno real ability to grow

    Advice to Senior Managementbe clear about expectations

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    1 person found this helpful  

    Good potential, poor execution

    Investment Banking Associate/Analyst (Current Employee)

    ProsTop-level mgt is good. Firm is profitable and has long-standing good reputation

    ConsIn an effort to expand, they have failed to hire quality middle management

    Advice to Senior ManagementLook for better leaders middle mangement level, start a leadership program

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