Gleacher & Company Reviews | Glassdoor

Gleacher & Company Reviews

11 reviews

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3.2
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Gleacher & Company CEO and Director Thomas J. (Tom) Hughes
Thomas J. (Tom) Hughes
1 Rating

11 Employee Reviews

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  1. "Managing Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in New York, NY
    Former Employee - Managing Director in New York, NY
    Negative Outlook

    I worked at Gleacher & Company full-time (More than 3 years)

    Pros

    Good pay-outs and total comp if you produced.

    Cons

    Businesses are to isolated and don't cross sell enough.

    Advice to Management

    Too late now, but bailing on Equities was the right thing to do.


  2. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Gleacher & Company full-time (More than a year)

    Pros

    Had a great fixed income team with good brokers and traders in a wide range of products. The investment bankers worked closely with the trading desks had a better handle of the market.

    Cons

    We didn't have enough time to get traction to turn the company around. The investment banking/structuring group working within the fixed income desks had opportunities to close a few deals but more time would have been beneficial to all.


  3. "Great exprience - but too short as they closed their offices"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in New York, NY
    Former Employee - Director in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Gleacher & Company full-time (Less than a year)

    Pros

    People, ease of access to management, types of tranactions available to work on, work-life balance and collaboration between groups

    Cons

    Nothing to say negative - wished that management and shareholders could have worked it out


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  5. "Prestigious brand with numerous management issues"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in New York, NY
    Former Employee - Analyst in New York, NY
    Recommends
    Disapproves of CEO

    Pros

    Small Teams, which allowed for a good learning experience and intimate interaction with clients. Many smart people walking around the halls so many people to speak with.

    Cons

    lacks of clarity from senior management regarding firm future. Continue to run through issues regarding what business lines they want to focus on.


  6. "Limiting and Uncomfortable"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    No opinion of CEO

    Pros

    It will allow you to pursue your goals and you get to work with a high amount of smart peaple.

    Cons

    Management can be a little short sided and the poltical atmosphere that often wins out can be discouraging. Know the right people

    Advice to Management

    You need to give all employees a better or more obvious stake in the company. Having a vested inerest in the success of Gleacher can go a long way.


  7. "Poor place to work, big career mistake"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    - administrative peers are very friendly and helpful, great team environment
    - work/life balance is good
    - traditional corporate environment

    Cons

    - lots of closed doors and management gossip about other employees or company changes
    - no regular raises due to economy, salaries are below average compared to other investment banks
    - no HR department to discuss concerns
    - high turnover rate
    - lots of company changes since 2008
    - lack of leadership from upper management

    Advice to Management

    Evaluate how your management relates with other employees in the firm and how these employees are treated.

    Develop a strong HR department and a strong management.


  8. "Technology"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great environment, always a lot of projects to work on

    Cons

    Hours could be long at times but year end compensation made up for it.


  9. "Sales"

    Star Star Star Star Star
    Former Employee - Sales Representative
    Former Employee - Sales Representative

    I worked at Gleacher & Company full-time (Less than a year)

    Pros

    Worked there for only a short time.

    Cons

    Place shut down 4 months after I got there.


  10. "poorly staffed"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Gleacher & Company full-time

    Pros

    good bagels on friday !!!!!

    Cons

    poorly run and staffed
    senior manageent did not get along


  11. "A good boutique bank"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Diversified Financial Services Offering; Hands On Experience; Both middle-market and large cap focus; Collaborative work culture

    Cons

    Too many leadership changes at the C-Suite level over a short period of time, resulting in frequent changes growth strategy.

    Advice to Management

    Communication is key particularly with frequent management changes


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