William O'Neil & Co Reviews

Updated July 22, 2014
Updated July 22, 2014
26 Reviews

2.3
26 Reviews
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William O'Neil
16 Ratings

Employee Reviews

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  1. 4 people found this helpful  

    as gd as it gets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager  in  Los Angeles, CA
    Current Employee - Account Manager in Los Angeles, CA

    I have been working at William O'Neil & Co full-time for more than 3 years

    Pros

    free fruit on Monday
    flex hours
    nice people
    lunch trucks everyday
    lots of parking
    low turnover
    above average wages
    quarterly bonus
    work from home
    paid sabbaticals
    dog friendly environment
    Multi-cultural Santa during holidays gives gifts to all employee children
    Stock options
    Be your own boss
    Easy money
    little work required
    free in-office massages
    free coffee and pressed juice
    Life coaching
    On-site barbershop and salon
    Rock wall
    Free alcohol on Friday
    Corporate uber account
    Free laundry and dry cleaning pickup delivery
    Fun classes
    Company Cruise
    Annual Department retreats at corporate ranch in Jackson Hole
    Team building exercises on company yacht: “CAN $LIM”
    breakfast/lunch/dinner paid for
    company car
    health club membership
    free association dues
    unlimited expense accounts
    wardrobe allowance
    onsite child care
    everyone has an assistant
    free Samsung cell phones and Microsft surface tablets
    charity donation match
    free corporate jet travel (when available)
    tons of vacation (work hard/ play harder)
    generous child education allowance
    summer camp for employee kids
    car detailing service for all employees
    meditation rooms and prayer rooms

    Cons

    they don't 401k match :(

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Limited by frequent EE turnover and lack of IT resources

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

    I have been working at William O'Neil & Co full-time for more than a year

    Pros

    Heavy Digital Print Horsepower - great potential

    Cons

    Nearly no variable digital print work - using digital presses for static content.

    Advice to ManagementAdvice

    Achieve Operational Stability and Technical Resources before growth

    Doesn't Recommend
    Negative Outlook
  3. 2 people found this helpful  

    Keep doing what you do....UGH

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager  in  Boston, MA
    Current Employee - Account Manager in Boston, MA

    I have been working at William O'Neil & Co full-time for more than 3 years

    Pros

    Sales Management has total confidence as they drive this once great company into the ground with huge turnover and massive reduction in expenses including commissions and salaries.

    Cons

    WON was built on long standing relationships with all the major buy side institutions. The new direction is to hire "hunters" with promises of $300K salaries to knock on doors for 6 months and if it doesn't work out, then you were not the right type, sorry. No mention of overpriced products that have become nearly obsolete and are driven by the founder and president who is completely out of touch and have never worked at any other firm in the last 20yrs. The president of the division only focuses on WON part time, while the main responsibility is to oversee PMs trading the firms assets.

    Advice to ManagementAdvice

    Interesting how the Advice to Management in each positive review is Keep doing what your doing? If you are going to plant positive reviews (since you cannot find one AM who is happy) at least change up the advice to management so that it is not so obvious.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Solid Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager  in  Los Angeles, CA
    Current Employee - Account Manager in Los Angeles, CA

    I have been working at William O'Neil & Co full-time for more than 3 years

    Pros

    Awesome products the company has been around for 50 years but is still an innovator when it comes to new products for Asset Managers
    You get the chance to interact with a stock market legend every Monday morning. The owner of the firm will answer any salesperson question about the market or a particular stock
    A chance to meet the worlds top Asset Managers
    Superior Managemenent who know the equity markets they always are willing to help you close a sale
    Outstanding training
    Top commission plan ( in the 40% range)
    If you can sell they let you go wherever you want and build your own book of business
    My favorite thing about this company is the work hard play hard mentality. Those who put in an a solid effort are rewarded.

    Cons

    Not much I see people complain about no 401k match but they do something even better. They put money in a trading account and you can trade off of the firms equity ideas. I would rather have that than a lousy 2% match that gets swallowed up by a mutual fund fee.
    This is not a 9-5 job unlike the sell side shops where you must study 4-5 stocks at WON you must be an an expert in not only the US but also the emerging & developed markets.

    The cameras in the office are a big turnoff

    Advice to ManagementAdvice

    Keep doing what you are going WON is a awesome place to work. Keep up the positive attitude and atmosphere.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 4 people found this helpful  

    What Would Bill Think?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Manager  in  Los Angeles, CA
    Former Employee - Account Manager in Los Angeles, CA

    I worked at William O'Neil & Co full-time for more than 8 years

    Pros

    This firm has a 50 year history, from it's original brokerage days to the founding of IBD and the methodology that has captured so many disciples.

    Cons

    Management, Management, Management! Dare I say it again! An earlier review mentioned the senior person as the architect, which holds true with this firm. Along with mini-me, he has carved out his own method for selling what would otherwise be a great product for investors. This, coupled with the way they treat their sales force(lowest comp on the street, constant monitoring via office cameras), has led to sizable turnover(200%) in the 4 years on their watch.

    Advice to ManagementAdvice

    For the sake of the firm, resign.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 8 people found this helpful  

    21st Century Battle of Little Big Horn

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

    I worked at William O'Neil & Co full-time for more than a year

    Pros

    Firm uses methodology developed by it's fonder to identify growth stocks for institutional investors. Great group of people with the exception of two key people.

    Cons

    Just like to soldiers of the 7th Cavalry Regiment, the sales force of this firm were recruited to sell a proven product to institutional investors. Unfortunately they were led by a leader like General Custer, overconfident and narcissistic, feeling his research product was superior to that of any bulge bracket firm. In the recruitment process he led all the potential recruits to believe that that would be taken care of (well compensated) for their efforts on the battlefield. Unfortunately for this sales force, they may meet the same end, while Custer lives on.

    Advice to ManagementAdvice

    General Custer should resign his commission, as his battlefield promotion was a bad call by management.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 8 people found this helpful  

    Looking for Institutional Sales Position--Don't Trust Positive Reviews --Verify With Actual Sales People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Account Manager Institutional Sales  in  Los Angeles, CA
    Former Employee - Account Manager Institutional Sales in Los Angeles, CA

    I worked at William O'Neil & Co full-time for more than a year

    Pros

    If you can sell technical stock recommendation you can sell anything! Wgat a test of your skills this company is. This company is responsible for turning the chart trading craft from the 50's into a modern day trading methodology used by the retail market. They did for "cup with handle" what Apple did to the cell phone. Marketing geniuses in my opinion!

    Cons

    Stocks come on and off recommend list sometimes 2-3 times a day. If you are in the industry already, you know how much institutional investors look for conviction in stock recommendations and cannot have this sort of turn-over in their portfolio's. It is my opinion that recommendation are not made with clients best interest in mind but the companies best interest.

    Advice to ManagementAdvice

    Management is not accountable. Ethically you have to question buy/sell recommendations just based on their questionable management decisions. If you want to turn public opinion around, change how you treat employee and don't waste time writing positive reviews.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9. 7 people found this helpful  

    Don't make the same mistake I made, stay away!

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

    I worked at William O'Neil & Co full-time for more than a year

    Pros

    With the exception a two senior people, a great group of individuals. Interesting niche product for institutional investors.

    Cons

    Two people run the show at the firm, the company yes-man executes, but the man on top is the architect of what will mean an end to this company. Until their arrival, the firm did well, with continued growth and a dedicated well-seasoned sales team. Almost immediately the sales force had their compensation cut. An earlier review mentioned the guy running sales, comparing him to the character of Alec Baldwin from Glengarry, which is quite accurate. He belittles each and ever salesperson, and rather than helping them, works against them. The architect is well aware that this man is reviled throughout the firm, but rather than make the necessary change, let's him do whatever he pleases.

    Advice to ManagementAdvice

    If you want the firm to grow, cost cutting isn't the answer. Step down from your positions, to make room for a capable management team.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 8 people found this helpful  

    No Change Here! No Matter How Desperate You Are, Wait Longer and You Will Be Better Off in the Long Run!

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

    I have been working at William O'Neil & Co full-time for more than a year

    Pros

    I enjoy investing, so learning about how momentum trading works was fun for me. Unfortunately, we are not talking HFT, but the type of charting analysis used before computers. Cool way to learn how they tossed darts before information was prevalent in the market place.

    You will learn how to work angles like a pro! You will have to to get round the performance.

    Initial salary and draw on commissions is strong and competitive.

    You'll get to attend retail seminars that follow the same philosophy as the News Paper (IBD), and WON (institutional business). At these seminars you will rub elbows with wealthy retired individuals (doctors, lawyers etc..) all looking to invest in the CANSLIM system. The wealthy are so bored!

    It will be the funnest year of your life, but you only get one year!

    Cons

    They claim the paper and the institutional business are are separate, but they are not. Institutional business is run by ex-news paper sales guy. If you ever sold newspaper advertising, then you already know how this guy treats employees. It is right out of Glengarry Glen Ross, except instead of Alex Baldwin it is a short fella with strawberry hair.

    Unless you agree with all decisions made and turn a blind eye to some shading accounting, you will be released with in a year. With some luck and no morals, you will make it there long term.

    Advice to ManagementAdvice

    Be honest with employees and customers. When you operate above board you have nothing to apologize for or to worry about.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11. 4 people found this helpful  

    Business Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  Los Angeles, CA
    Former Employee - Business Analyst in Los Angeles, CA

    I worked at William O'Neil & Co full-time for more than 10 years

    Pros

    Allows work from home for some position.

    Cons

    Below par pay, declining benefits, no matching 401k, many rounds of lay off to cut costs

    Advice to ManagementAdvice

    No sure management is willing or able to take advice. Best producers are laid off. Staff that plays to management vanity are the ones that survive in this company, which is no way to run a company in the long run.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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