Stifel Financial

  www.stifel.com
  www.stifel.com

Stifel Financial Reviews

Updated October 2, 2014
Updated October 2, 2014
79 Reviews
3.7
79 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Ronald J. Kruszewski
17 Ratings

Review Highlights

Pros
  • ok work/life balance, more chilled out than most other ibanks on the street (in 4 reviews)

  • great people, good environment to work in if you are going to live in st (in 5 reviews)


Cons
  • Low pay in comparison to other banks, but perks outweigh the con (in 6 reviews)

  • very political, opportunities for advancement are tough, very bureaucratic and people pull rank on you all of the time, benefits are poor (in 3 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Stifel Financial....The Big Firm you have never heard of...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Private Wealth Manager in Kansas City, MO
    Current Employee - Private Wealth Manager in Kansas City, MO

    I have been working at Stifel Financial full-time (more than an year)

    Pros

    Stifel is small, but it makes management very accessible.

    Cons

    The company is very focused on the bottom line. Getting expenses approved is very difficult.

    Advice to ManagementAdvice

    Provide managers in the field stronger tools to recruit.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Back office operations experience in the STL headquarters, comfortable environment but not much room for career growth.

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

    I worked at Stifel Financial full-time (more than an year)

    Pros

    Free time outside of work, some very knowledgable staff

    Cons

    Low pay, few paths for growth in operations or compliance

    Recommends
  3.  

    Best financial services firm in the country.

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

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

    Pros

    freedom to pursue the clients best interests without pressure to suggest proprietary products plus an outstanding compensation program including deferred comp.

    Cons

    not the place for rookies due to a lack of an extensive training program. in addition, company has grown so quickly, the "family" atmosphere has faded

    Advice to ManagementAdvice

    keep growing

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Fun Coworkers, Lackluster Management, No SDLC, Moving Targets, Crappy Compensation Package

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

    I worked at Stifel Financial full-time (more than an year)

    Pros

    Good work-life balance, as the place clears out around 4:30 or so. The occasional trip to a baseball game is nice.
    Great support for technology. Generally there was no issue with spending some money for solid tools.

    Cons

    Absolutely no software development lifecycle. Complicating that are moving targets and incredible scope creep, as well as the occasional rebooted project.

    The pay is below standard, and the benefits are pretty chintzy. The total benefit/salary package is well below industry average.

    People are promoted within despite not having the right experience to actually lead. Nice, well-meaning people, but not really qualified for actual leadership. A lot of leadership has been there FOREVER, and are deeply entrenched in the old way of doing things. It would be nearly impossible for someone to, say, convert them over to AGILE. Buy-in from department management would be nearly impossible... or if a proper SDLC actually was implemented, it would get stomped all over.

    Advice to ManagementAdvice

    Train your management team to be managers. They are great people that are truly busting their butts to do good things, but are ill-equipped to actually MANAGE.

    Implement an industry-standard software development lifecycle. The amount of productivity that would happen if AGILE took over would be incredible. But your upper management would have to be fully invested in the process, or it would be an utter failure.

    Bring total compensation at least a little closer to average. Because it's really, really low.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great environment to work in, great people to be around

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

    I have been working at Stifel Financial full-time (more than 5 years)

    Pros

    The management in my group is great, everyone gets along and it is very laid back. The company is very gracious with its time off policy.

    Cons

    Compensation is well below industry standards, seems to be lacking in terms of bleeding edge.

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Great place to intern & learn!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Garden City, NY
    Former Employee - Intern in Garden City, NY

    I worked at Stifel Financial as an intern (less than an year)

    Pros

    -friendliest staff I have EVER worked with
    -very relaxed schedule and assignments/projects
    -variety in work
    -treated like an employee
    -great learning experience - informative way to find out if the retail side of the financial industry is right for you!

    Cons

    -sometimes uneventful - there are days when there is not much work involved and an intern must be proactive in finding new assignments or entertain themselves

    Advice to ManagementAdvice

    -have a list of projects for prospective interns before deciding how many to hire!

    Recommends
    Positive Outlook
    No opinion of CEO
  8.  

    Intern

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

    I have been working at Stifel Financial as an intern (more than an year)

    Pros

    Corporate structure is very supportive which facilities growth at a great pace.

    Cons

    Industry relative stagnant technological growth because of security compliance concerns. Understandable but, needs to corrected to be able to compete effectively.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    Not for the long term

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Assistant in Columbus, OH
    Former Employee - Sales Assistant in Columbus, OH

    I worked at Stifel Financial full-time (more than an year)

    Pros

    They provide for educational opportunities.

    Cons

    Small work environment and not much support or flexibility for working mothers. There is no room for advancement. The pay is low compared to other companies.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Operations Processing

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Operations Processor II in Saint Louis, MO
    Current Employee - Operations Processor II in Saint Louis, MO

    I have been working at Stifel Financial full-time (more than an year)

    Pros

    Easy to get a job. Only an associates degree is necessary for hire. Was fun to work with the various branches.

    Cons

    In operations, you start at 30k salary. Critical atmosphere--headphones were banned while data entering. Office is loud and voices carry.

    Advice to ManagementAdvice

    Operations staff micromanages and critical about the darndest things. Communcation is poor.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    Interesting....

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

    I have been working at Stifel Financial full-time (less than an year)

    Pros

    Stable company and continues to grow internationally

    Cons

    policies outdated, horrible benefits, low compensation

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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