Stifel Financial

  www.stifel.com
  www.stifel.com

Stifel Financial Reviews

Updated December 15, 2014
Updated December 15, 2014
84 Reviews
3.4
84 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Ronald J. Kruszewski
19 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.  

    Great company to work for

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Stifel Financial as an intern

    Pros

    Good collaboration and team work

    Cons

    Poor communication between managers and employees

  2.  

    Lacks Strong Management

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

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

    Pros

    Good work life balance, hours were never too longs
    Down to earth people
    Flexibility

    Cons

    Not high enough compensation compared to competitors
    Management fails to recognize easily fixable problems
    Outdated Equipment

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Good learning experience

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

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

    Pros

    Good internship experience, nice people, endless departments and possibilities

    Cons

    Sometimes it felt too "big" and impersonal

    Advice to ManagementAdvice

    Implement higher compensation when deserved

    Recommends
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Unprofessional

    • 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

    Pros

    There are no pros, only cons.

    Cons

    Most staff in the IT department are unskilled and extremely unprofessional. Headquartered in St. Louis, they run at rural cookie-cutter pace. There is no sense of urgency.

    Advice to ManagementAdvice

    Tabula rasa. Lose the good ol' boy club mentality, end the special relationships so you can progress.

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

    Take a look ar Operations.

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

    I worked at Stifel Financial full-time (more than 10 years)

    Pros

    Stifel is a great company with a good philosophy of "firm of choice."

    Cons

    Stifel assumes that it is the firm of choice for employees. The operations directors do not all have college degrees nor enough HR knowledge and experience. The director that fired me for not knowing and not complying with company policy, is the same one that did not report nor take action when an employee complained repeatedly of sexual harassment. I complained of the hostile work environment and was fired within one week.

    Advice to ManagementAdvice

    To the senior director, take an interest in training and developing your directors.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  7.  

    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
  8.  

    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
  9.  

    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
  10. 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
  11.  

    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

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