HFP Capital Markets Reviews in New York, NY | Glassdoor

HFP Capital Markets New York Reviews

30 reviews

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New York, NY

2.5
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Geoffrey Byruch
13 Ratings

30 Employee Reviews

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  1. "If you put the time in you will succeed"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in New York, NY
    Former Intern - Intern in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    You have to work hard and study to get your series exams done than you can make money.

    Cons

    If you don't make sales your just another person that knows how to dial the phone.

    Advice to Management

    Actually help teach people how to become successful in this industry don't just hand them a phone.


  2. "Boiler-room Atmosphere"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in New York, NY
    Former Intern - Intern in New York, NY

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    Upscale office in midtown Manhattan. Series 7 sponsorship. High earning potential for those willing to stick through the initial pains of cold-calling and building a book of clients

    Cons

    Boiler-room type atmosphere. Extremely questionable level of integrity in senior management. High turnover due to the weeks and often months of cold-calling required to get off the ground.

    Advice to Management

    I think its probably a lost cause, but my advice to management would be to improve the culture of the organization in a way that would instill a greater sense of integrity and fiduciary responsibility


  3. "Bond broker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bond Broker in New York, NY
    Former Employee - Bond Broker in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at HFP Capital Markets full-time

    Pros

    The pay for series 7 and 63 and exam and provide enough study material to pass. Energetic work environment.

    Cons

    Rough hours. You are expected to work minimum 12 hour days and come in on Saturday

    Advice to Management

    Nothing. Management is set on their ways and will not change


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  5. "Fun but for the dull-minded"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Financial Sales Assistant in New York, NY
    Former Intern - Financial Sales Assistant in New York, NY
    Doesn't Recommend

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    Paid lunch and transportation. Fun group of trainees and brokers to work with. Fast paced environment. Outings with co-workers outside of work are worth it!

    Cons

    You don't learn much. Your job consists of cold-calling (but only the calling part as you hand off the phone to a trainee as soon as someone answers) and sitting around mindlessly for long periods of time. You might be given something to alphabetize or organize if you're interested in that. As a woman, you need tough skin - quite sexist. No male interns are hired.

    Advice to Management

    Either give your interns legitimate work to do or don't hire them at all. It's a waste of your resources and their time if you just want the girls to sit around and look pretty


  6. "Terrible play to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Wealth Management Associate in New York, NY
    Former Employee - Wealth Management Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    none, this place was a nightmare start to finish

    Cons

    how much time ya got brotha

    Advice to Management

    shut it down before you corrupt more people


  7. Helpful (1)

    "bad place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Fixed Asset Intern in New York, NY
    Former Intern - Fixed Asset Intern in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    there are no pros its a bad place to work at

    Cons

    the people there are racistis

    Advice to Management

    NONE


  8. "OK to get your foot in the door..."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Sales and Trading Intern in New York, NY
    Former Intern - Sales and Trading Intern in New York, NY

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    Fast-paced environment
    Resume Booster
    Firm sponsors all expenses for Series 7 & 63

    Cons

    Cold calling
    Reading from scripts
    No Finance

    Advice to Management

    Involve sales force more in financial aspects


  9. Helpful (1)

    "Intern-Stock Broker trainee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Stock Broker Trainee in New York, NY
    Former Intern - Stock Broker Trainee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at HFP Capital Markets as an intern (Less than a year)

    Pros

    -Descent training process
    -Better understanding of the finance industry

    Cons

    -Cold Calling all day long
    -Getting coffee for other workers
    -Nothing but a boiler room operation
    -Little opportunities for job growth

    Advice to Management

    Respect your workers.


  10. Helpful (2)

    "This place is a joke"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Trianee in New York, NY
    Former Employee - Trianee in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at HFP Capital Markets full-time (More than a year)

    Pros

    This place is a joke

    Cons

    Im pretty sure this place will get closed down. No supervision. Screaming at people over the phone. Long hours just a terrible environment.

    Advice to Management

    Get a high school diploma


  11. "Disorganized"

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

    I worked at HFP Capital Markets full-time (Less than a year)

    Pros

    - potential for unlimited salary
    - some great guys in the office
    - some of the senior guys are very helpful

    Cons

    - extremely disorganized
    - what seemed to me was a 'shady' background of the company
    - 'shady' background of the president/future C.E.O.
    - one is worried about loosing his/her job every day since individuals get fired for ridiculous reasons
    - 'boiler room' like atmosphere
    - extremely low base salary for trying to live in NYC

    Advice to Management

    - increase the base salary
    - be more honest about the company's background
    - offer more benefits to employees
    - be much more organized
    - increase space



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