SWS Group - Okay place to start your career | Glassdoor
There are newer employer reviews for SWS Group
There are newer employer reviews for SWS Group

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"Okay place to start your career"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Trading Assistant in Dallas, TX
Former Employee - Trading Assistant in Dallas, TX
Doesn't Recommend
No opinion of CEO

Pros

Entry into Sales and Trading

Cons

Poor Management, No Communication between staff and managers.

Advice to Management

Support your staff a bit more. Keep the lines of communication open. Try to develop dialogue between junior and senior staff people.

Other Employee Reviews for SWS Group

  1. Helpful (1)

    "SWS Financial Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    I have been working at SWS Group full-time (More than 5 years)

    Pros

    Good support for brokers and good payouts

    Cons

    outdated technology and not able to charge for financial planning


  2. Helpful (2)

    "Third Rate? That's putting it nicely"

    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
    Negative Outlook
    Disapproves of CEO

    Pros

    -Was health and dental till they charged extra if you had high blood pressure. Or anything else that was negative and medically possible. What? You want a blood sample? What exactly am I being tested for here?? And that was the last straw for me.
    - Paid Time Off
    - Convenient location downtown
    - There really are some great people here who are really hard workers. But they're overshadowed...because...(See below)

    Cons

    Where to begin? This company has a huge culture problem that the company absolutely refuses to fix. The other reviews are dead on, the biggest problem with this company is the management. Most of them have been around for decades, have never worked anywhere else, floated into the position just by the fact they had been there forever and the former manager/director retired, and thus have no idea how to do anything except for how they've been doing it the last twenty years. Any ideas to change, create, update, or improve are quickly shot down, with the prompt response "Well this is how we've always done it...". Even worse, directors or managers who entirely screw up and cost the company quite a bit of money aren't removed; and a blind eye is turned towards poor controls. It's mind-blowing the inefficiency here. But some other things include:

    1) Technology - Who's running the show here?? The main system is some horrible thing from the '90's that freezes on a daily and hourly basis. The complaint was so large that it became an issue at the last employee meeting; whereupon it was met with the response "Grass always looks greener on the other side". That's a quote, by the way. Good luck trying to get your work done if you have an impatient client on the phone.

    2) Career Opportunities - You can throw that to the side. HR has zero interest in creating internal training programs, unless you're a complete idiot and don't know how to work email (in 2013).But they have a course for that. Wahoo!! Basically, come work here if you want to kill your career.

    3) Instead of firing idiots, they keep them around but just put some more rules into effect to make that idiot more firewalled, much to the chagrin and inconvenience of everyone else. Believe me, if you have an incredibly low work ethic and half-way everything, this is the place for you.

    Advice to Management

    An annual free lunch and bragging about how lucky I am to give “Pablano Soup” a whirl in order to celebrate my birth really wasn't cutting it in regards to “What a Company to Work For!” How about you do what’s best for shareholders? The potential of being bought by Sterne Agee would’ve been amazing, and you refused to do it (in case you need a painful reminder, that share price you’re trading at *still* has not gone as high as what they were offering to your company, at that was what, two years ago? The rest of the market and financial services is up; why isn’t yours? So much for benefiting shareholders. I have never seen such gross mismanagement, inefficiency, and refusal to adopt change as you guys. You’re a sinking ship. You are beyond repair and will eventually be bought, and the fact that you are so blind to that reality is laughable. The company is full to the brim with incompetency, and it blows my mind how you like to keep it that way. Best of luck, because believe me, ya’ll need it.

There are newer employer reviews for SWS Group
There are newer employer reviews for SWS Group

See Most Recent

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