About Stansberry Research
What Is Stansberry Research?
By Porter Stansberry
Stansberry Research is a subscription-based publisher of financial information and software, serving millions of investors around the world. Our business is guided by two simple principles:
We believe in offering a range of opinions. Experienced analysts, with their own unique investment strategies and philosophies, lead our franchise brands. As a result, we do not promote a single, unified view of the markets, but instead we publish a mosaic of opinions, recommendations, and strategies. This multi-franchise approach gives our work far greater breadth, creating more diverse opportunities for our subscribers. Our franchises are linked, however, by a continuous commitment to risk management and a contrarian approach to identifying investment opportunities. Across all of our franchises, we focus on investments that are unloved, ignored, or unknown. It is in these situations where having an informed perspective gives our subscribers the best risk-to-reward opportunities.
We believe in a long-term approach. Our business strategy is based on building long-term relationships with our customers. We generally do not earn a profit from marketing trial subscriptions. Instead, we seek long-term relationships with our clients by providing consistently reliable, actionable, and profitable advice, which results in renewal income for our business. As a result, many of our internal marketing efforts are focused on selling lifetime subscriptions, which give clients access to more (or even all) of our products at a much lower total cost. The same long-term thinking guides the relationships we have with our business partners and our employees.
We believe in transparency and accountability. Sincere goodwill is best demonstrated by routine and reliable measures of performance. We believe that all investment advisors, whether fiduciaries or publishers, ought to provide an accounting of the outcomes of their advice. All of our investment recommendations are publicly evaluated each year. All of our investment newsletters include track records in each monthly issue.
We believe in unmatched customer service and no-risk subscriptions. Our overall goal in business is to simply treat our customers as we would like to be treated. When you call our office, we will pick up the phone. And, at any time, for any reason, if we’re not able to meet your expectations, we are always willing to “ part as friends” by refunding the remainder of your subscription fee, promptly. There is more than enough risk in the financial world: you will never have to risk a penny buying our products.
I have been working at Stansberry Research full-time
- Comfortability: I like that I work in an office where I can talk to the CEO, or members of other departments, without feeling intimidated or a bother to them.
- Happy hours, occasional swag, annual Christmas party...fun niceties that the company doesn't have to provide but chooses to are a great plus.
- Wealth of financial research at my disposal, which has taught me a lot about investing.
- Customer Service vs Other Departments: CS does not have some of the perks other departments do, and has policies that others don't, such as occurrences. Occurrences can lead to termination, and occur if you're unexpectedly sick (and didn't request the day off with more than 24 hours notice), or when you come into work 5 or more minutes after 8:30. I understand the goal of this policy, but think it misses the mark.
- Communication: Depending on what department you're in, the information you hear varies.
Advice to Management
- Continue to be vocal and upfront about our goals, where we stand, and what's on the horizon. It's great being kept in the loop in regards to that, and I think management already does a good job at this.
- Lunch with the CEO was a great concept; it might be interesting to continue this in other ways with new departments.
I applied through a recruiter. The process took 4 weeks. I interviewed at Stansberry Research (Baltimore, MD) in July 2015.
I had 3 interviews: one with the Senior Accountant, one with the Controller, and one with the Director of Talent Acquisition.
They all asked the basic questions about my experience, "tell me about yourself", why do you want to leave your current position, what are you looking for in your next role, etc. Then, I asked a few questions about the company, learned about the great culture and about the expectations of someone in the Staff Accountant role.
One thing stuck out to me during my interview that I'd really like to share:
I could hear the most genuine passion in the voices of my 3 interviewers as they spoke about Stansberry, their team, and their experiences there. It was the kind of passion that I knew couldn't be faked. This was very interesting to me, because at the time, I didn't realize you could be so passionate about a job.
However, working here now, I realize it's so much more than just a job. It is a career full of endless opportunity to learn and grow both as a person and as a professional.
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