John Thomas Financial Reviews in New York City, NY | Glassdoor

John Thomas Financial New York City Reviews

20 reviews

Filter

Filter

New York City, NY Area

2.6
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
John Thomas Financial Founder & CEO Thomas Belesis
Thomas Belesis
5 Ratings

20 Employee Reviews

Sort: Popular Rating Date

  1. "My experience at JTF"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • 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
    Positive Outlook
    No opinion of CEO

    I worked at John Thomas Financial full-time (More than a year)

    Pros

    This is a great atmosphere if you are first starting out in the financial business and want to pursue a career as a stock broker. Office has great positive energy and hard working people.

    Cons

    If you need constant attention and guidance then this is not the best place for you. Hours can vary and often extended.

    Advice to Management

    Have better supervision and a more hands on approach with employees. Also, providing helpful solutions for better client acquisition would be ideal.


  2. "investment advisor"

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

    I worked at John Thomas Financial full-time (More than 3 years)

    Pros

    you can say you work on wall st.

    Cons

    terrible place for growth, no security


  3. "Criminals"

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

    I worked at John Thomas Financial full-time (Less than a year)

    Pros

    Series 7 and Series 63

    Cons

    Everything else was terrible.

    Advice to Management

    Don't get arrested


  4. "Indifferent"

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

    I worked at John Thomas Financial as a contractor (More than a year)

    Pros

    Great Training Program and way to obtain licenses

    Cons

    Hard to leave.
    Apply fear in Employees to stay and work.

    Advice to Management

    Invest in current people to keep a longevity


  5. "I'm sure they are out of business under this name but operating under several others"

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

    I have been working at John Thomas Financial full-time (More than a year)

    Pros

    Very energetic work environment, but really that's about it. You can learn a lot about the business and the hard work it takes, but then again you can learn that at much better places that won't screw you over in the end.

    Cons

    Too many to list. Bottom line this is definitely not a place you should ever work at or with either of the Belisis brothers. George has a decent heart, or at least he used to. But Tommy will stab you in the back the moment he feels like it for the littlest thing possible.

    Advice to Management

    Greed kills, and as you apparently took nothing from your own speeches in the morning. The short route to success is the quick route to disaster.


  6. "Great Place!"

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

    I worked at John Thomas Financial full-time (Less than a year)

    Pros

    great environment, great people, a lot of energy, and if you are looking to be successful this would be the right place for you!

    Cons

    you will have to work 15+ and you are not allowed to sit down while your working hours


  7. Helpful (2)

    "pump and dump"

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

    I have been working at John Thomas Financial full-time

    Pros

    You can create an illusion of wealth and superiority.

    Cons

    Where do I begin? Well, for one, the will hire anyone who walks through the door with a suit and a pulse. Right away, you are suspicious. Does this company hold any kind of standard at all? No they don't because they cannot provide essential support that it takes to make someone into a successful broker. They just hire everyone and hope at least a few can raise some assets before the burn out.

         Firms like this are all too common and before you even think about becoming a broker you must realize that your chances of success are very slim. Even your chances at a real trade shop like Merrill Lynch are slim. At John Thomas Financial? HA! Slim to none. It's not the 90's anymore. Cold-calling is dead. John Thomas Financial revolves completely around cold calling retail investors and pitching stock that the firm probably holds long in some offshore account.

         The firm tells its brokers what to push and the only ones benefiting from it are the insiders. You may able to show your clients gains at first. But in the end, you will show loses. Where are the ethics? This firm is only concerned about short term profits. You want to become the next Bear Sterns? How many investors are you willing to screw over to get there? There's too much social media these days and that press alone can ruin your reputation before you ever dream about becoming the next Bear Sterns.

    Advice to Management

    You are way too aggressive and flamboyant which makes you easy to demonize in the press. You come off as a caricature of the fat cat banker.


  8. "Only the strong survive"

    Star Star Star Star Star
    • 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
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at John Thomas Financial full-time (More than a year)

    Pros

    Very nice office , everyone dressed to impress, performance is rewarded, very energetic atmosphere, u walk in to eye of the tiger booming in the morning, u are motivated to be successful, great opportunity for driven individual. Iv'e had months where I didn't take home a check and months where I took home 30K... its all about talent and work ethic.

    Cons

    they sometime force u into a partnership with a senior Broker and if u don't u get no help. monthly expenses- $1200. very Long Hours 8am-8pm. overall if ur good at sales n willing to work long hours... u can make a lot of money.

    Advice to Management

    don't allow senior brokers to force junior guys into partnerships, it only creates problems.


  9. "Not the best place to work"

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

    I worked at John Thomas Financial full-time (More than a year)

    Pros

    You learn how sell
    You get your series 7 and 63 license
    You meet a lot of people that you will continue to stay in touch with over years in the financial industry

    Cons

    Very oppressing environment
    Are not knowledgly trained enough on securities
    All they care about is to sell, but don't care if it goes up or down
    It's a revolving door, within one year they must keep only 1% of the people hired,

    Advice to Management

    Invest in more quality trainees and try to keep people around. If you train people propperly you will become more successfull. Don't run your business like a pump and bump


  10. Helpful (1)

    "Great for starters"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Stockbroker Trainee in New York, NY
    Current Employee - Stockbroker Trainee in New York, NY
    Recommends

    Pros

    Great for starters. aggressive environment

    Cons

    not for everyone. fast paced


Showing 20 of 39 reviews
Reset Filters