SMB Capital - Know what you're getting yourself into! | Glassdoor
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There are newer employer reviews for SMB Capital

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Helpful (1)

"Know what you're getting yourself into!"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee
Doesn't Recommend
Neutral Outlook

I worked at SMB Capital full-time

Pros

Friendly group to work with, like to enjoy the night life together, helpful in training. Partners made butttloads in 90's tech bubble and '08, so making money isn't an issue.

Cons

It's all about the money. If you can't make it and you lose your account, you're done. Very intimidating fact if you having a hard time.

Advice to Management

Support your traders more or get rid of them. The prop business is fading away and you know it, that's why you're moving to become a training facility.

Other Employee Reviews for SMB Capital

  1. "SMB Capital / Kershner Trading Group, New York City office"

    Star Star Star Star Star
    Current Employee - Equity Trader in New York, NY
    Current Employee - Equity Trader in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at SMB Capital full-time (More than 3 years)

    Pros

    strong python scripting tools; generous with buying power for consistently profitable traders; new/developing traders "graduate to" a team headed by a senior trader, where there is opportunity to contribute to knowledge / strategy base and receive valuable mentorship in return; highly structured training program for brand new traders

    Cons

    skill development, especially with the python tools, requires lots of self-direction and stamina; quite modest risk (i.e. buying power, daily drawdown limit, etc) given to new traders, which means little earning potential, but that's chiefly because nearly all new traders initially lack the skills and knowledge base to trade profitably on the intraday timeframe; some "siloing" of knowledge / strategies among individual teams

    Advice to Management

    keep investing in team development; better incentivize that some work be done for the "good of the company" rather than just for the "good of the individual" or the "good of the team"


  2. Helpful (1)

    "Recommended!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Equity Trader in New York, NY
    Current Employee - Equity Trader in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at SMB Capital full-time (More than 3 years)

    Pros

    Full capitalization, infrastructure for many different kinds of trading, access to experienced, consistently profitable traders, culture of sharing & learning.

    Cons

    Can't think of any off the top of my head.


There are newer employer reviews for SMB Capital
There are newer employer reviews for SMB Capital

See Most Recent

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