Canaccord - A slow, painful downward slide | Glassdoor
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There are newer employer reviews for Canaccord

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Helpful (1)

"A slow, painful downward slide"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Investment Banking in Vancouver, BC (Canada)
Former Employee - Investment Banking in Vancouver, BC (Canada)
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

Compensation, bonus, good location. When the family that founded the company still ran it, it was a fantastic place to work, great teams, respect, hard working.

Cons

Since a RTO was accomplished by former rival GMP and the Reynolds cabal it has been a slow and painful downward slide. Money is all that matters. People are completely expendable. Terrible corporate culture. Lack of honesty, decency, values.

Advice to Management

Learn some values. Start at the top.

Other Employee Reviews for Canaccord

  1. "Decline your offer if you get it."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Canaccord full-time

    Pros

    Only Pro I could think of is being able to leave after the market ends.

    Cons

    Almost everything. No training at all. Basically they say hello welcome to canaccord, here's your seat. Thats it... No help from co-workers. IA think they are the next warren buffett, but actually they just want more commission.

    Advice to Management

    Hire IA's and employees for their skills and experience, not because they have connections to current / former employees.


  2. "Waste of time"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Advisor in Victoria, BC (Canada)
    Former Employee - Investment Advisor in Victoria, BC (Canada)
    Doesn't Recommend
    No opinion of CEO

    Pros

    High payout compared to most other firms, decent benefits over all, and the other advisors are really what made it bearable.

    Cons

    No feedback, and the firm makes rash decisions too often. There is no feedback, and certainly no assistance for new advisors... which makes it hard to grow. A lot of trial and error... at first.

    Advice to Management

    Train the managers, and make sure that communications are accurate and past employees aren't inadvertantly subverted in order to keep them from becoming competition later.

There are newer employer reviews for Canaccord
There are newer employer reviews for Canaccord

See Most Recent

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