HFP Capital Markets Account Executive Reviews | Glassdoor

HFP Capital Markets Account Executive Reviews

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Account Executive

3.1
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Geoffrey Byruch
1 Rating

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  1. "THE BEST opportunity on Wall Street for 2013"

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

    I have been working at HFP Capital Markets full-time (More than a year)

    Pros

    I have been at 2 firms before this and overall I have nothing but good things to say about my experience here. Incredible research department and bond analysts. A wealth management team that has continually exceeded the standards and returns of even the top end Banks (ie. Goldman Sachs, J.P. Morgan, etc). The most legitamate opportunity to start a highly paying career in the Finance industry. Really d*mn hard in the beginning, but WELL WORTH IT.

    Cons

    EXTREMELY strict compliance department. High pressure to perform and show significant gains for clients month after month and year after year. VERY demanding as far as bringing in new customers consistently. VERY long hours, don't expect any free time for the first year or 2.

    Advice to Management

    Give more time to study for exams during day. More one on one training (There is some but more would be even better).


  2. Helpful (1)

    "Know what your getting into"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Executive in New York, NY
    Former Employee - Account Executive in New York, NY
    Doesn't Recommend
    Negative Outlook

    I worked at HFP Capital Markets full-time (More than 3 years)

    Pros

    Learn how to be a good salesman
    high energy
    paid per account

    Cons

    Huge obligation...50 qualified accounts before you get a portion of the commission,
    Low pay out...most of the reps only get paid 25% unless you have a special deal with the owner
    non-compete clause in contract,a lot of turnover.

    Advice to Management

    If you allow the brokers the chance to make money...you might be able to keep a few producers.