Wedbush Securities - Stuck in the past... | Glassdoor
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There are newer employer reviews for Wedbush Securities

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Helpful (1)

"Stuck in the past..."

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

I have been working at Wedbush Securities full-time (More than 3 years)

Pros

Depending on the department and manager, Wedbush can be a very pleasant palce to work. They have what appears to be a very strict and uptight environment, but the ppl are very friendly and easy going.

Cons

Not much upword mobilty, training is minimal and with out structure. Upper management mico-manages task and does not allow for progression, very tight and/or late with reviews and raises.

Advice to Management

Update systems and teach/allow employees to think outside the box instad getting daily task done.

Other Employee Reviews for Wedbush Securities

  1. Helpful (5)

    "Wannabe Investment Bank - & Cheap, Cheap, Cheap"

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

    I worked at Wedbush Securities full-time (More than a year)

    Pros

    - Some of your colleagues are nice and enjoyable to be around.
    - Depending on group, you can get away with doing very little.
    - Great for work mules who do what they're told and don't complain.

    Cons

    - Extremely Cheap: Very true that all software ran at Wedbush was a few versions behind. Also didn't help that Wedbush was unwilling to pay for access to certain research sites.
    - Salaries & Bonuses are Non-Existent: Offensively low. Bonuses were pretty much close to nothing.
    - Lack of Competent Leadership: Most MDs there are still trying to "make their mark" and therefore, have no clear direction. The good MDs quickly figure out the trap that is Wedbush and leave.
    - Poor Communication: Disconnect between leadership and everyone else. Where is this group going? One day X, the next day Y.
    - No Deals: Majority, of not all, groups experience 0 deal action, which doesn't reflect well on your resume. Most companies do not want to do business with an unknown bank (Wedbush).
    - Poor Reputation Amongst I-Banks: It's a joke to most people or, nobody has heard of Wedbush.

    Advice to Management

    Revamp entire upper management - do not let your family run the show when they do not have the experience, personality, or desire to run it. Invest in quality people, especially at the MD level. Bump pay - this will attract the best and the brightest.


  2. Helpful (4)

    "Yuck"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Specialist in Janesville, WI
    Current Employee - Specialist in Janesville, WI
    Doesn't Recommend
    No opinion of CEO

    Pros

    Works hours are good and the employees seem to keep to them selves for the most part

    Cons

    Lead workers seem very rude and employment seems very competitive to a level i would say is unhealthy

    Advice to Management

    Management seems

There are newer employer reviews for Wedbush Securities
There are newer employer reviews for Wedbush Securities

See Most Recent

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