Convergex Group Reviews | Glassdoor

Convergex Group Reviews

Updated October 26, 2017
64 reviews

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3.0
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Approve of CEO
Convergex Group President and CEO Eric Noll
Eric Noll
23 Ratings

64 Employee Reviews

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Pros
  • Good people, very relaxed and great starter job (in 6 reviews)

  • The firm has given me numerous opportunities to succeed, and allows me to maintain a healthy work life balance (in 3 reviews)

Cons
  • Poor management and poor hiring by new management (in 5 reviews)

  • Significant regulatory issues led to financial stress (in 2 reviews)

More Pros and Cons

  1. "has good and bad points"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Convergex Group full-time (More than 5 years)

    Pros

    People you worked with were friendly and kind, always willing to help and work with you.

    Cons

    Really no upward mobility, you might be able to move to another group if there were any openings


  2. "Vice President"

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

    I worked at Convergex Group full-time

    Pros

    good people to work with

    Cons

    lack of clear business strategies

  3. "Sr. VP"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Convergex Group full-time

    Pros

    Multi level firm with several business units

    Cons

    Firm was acquired in 2017


  4. "Financial operations intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    very exciting atmosphere, great people

    Cons

    a lot of similar activities day-to-day


  5. Helpful (1)

    "Convergex was a good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - AVP-Analyst in New York, NY
    Former Employee - AVP-Analyst in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Convergex Group full-time (Less than a year)

    Pros

    Good management let the workers get the job done and help when needed.

    Cons

    They just got taken over due to lack of trading and a lot of people were laid off so the new management is unknown.


  6. "Vice President"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Convergex Group full-time

    Pros

    The only positive element of the firm are a handful of legacy people.

    Cons

    Poor management and poor hiring by new management.

    Advice to Management

    A once fine company run into the ground by a CEO who didnt know the brokerage business and a President who was living in the late 1990's. Cowen buying them was an act of mercy, could have let the company shut down and hired the handful of talented people that remained at the company for a fraction of the cost.


  7. "Aggravation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Service Representative in New York, NY
    Former Employee - Customer Service Representative in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Convergex Group (More than 5 years)

    Pros

    They will teach you to be patient

    Cons

    Customer service is to busy to take ownership of problems. Must be willing to be nonresponsive to customers and stonewall

    Advice to Management

    If you want us to care about our customers, then you should care about your employees. Poop rolls down hill. Read: "Unselling" see what you have been doing wrong.

  8. "It's complicated"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Compliance Analyst in New York, NY
    Current Employee - Compliance Analyst in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Convergex Group full-time (More than a year)

    Pros

    Learn a lot exposure to multiple business lines and levels of staff. Interesting and diverse projects an the amount of work is at an ideal level

    Cons

    Stressful times of change as the firm tries to recover and become profitable and find its groove. Too much emphasis on likability versus productivity and needs a formal review program like a 360 review process

    Advice to Management

    Communicate better with staff


  9. "Sr. VIce President-Compliance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Convergex Group full-time

    Pros

    Great team and some great senior staff allowed growth and freedom to work.

    Cons

    Significant regulatory issues led to financial stress

    Advice to Management

    Be sure to keep key management and staff, especially in the compliance department


  10. "Operations associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Convergex Group full-time

    Pros

    Large company. Good hr. Great intro into broker dealer space

    Cons

    Difficult upward movement, slow technology


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