Liquidnet Reviews | Glassdoor

Liquidnet Reviews

Updated August 31, 2017
83 reviews

Filter

Filter

Full-timePart-time

2.9
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Liquidnet CEO and Founder Seth Merrin
Seth Merrin
62 Ratings

83 Employee Reviews

Sort: PopularRatingDate

Pros
  • Good work/life balance, good perks (plenty of vacation, free lunch on Fridays, education budget), smart people (in 15 reviews)

  • Better work life balance, better working environment ( hey, they have cubicles (in 12 reviews)

Cons
  • This organization does not empower its employees unless you look like senior management regardless of merit (in 11 reviews)

  • Sadly, the management team is not interested in doing the work necessary to engage & develop employees (in 5 reviews)

More Pros and Cons

  1. Helpful (2)

    "Great small Wall Street company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Liquidnet full-time (More than 3 years)

    Pros

    Way better than working in IT of any IB. Better work life balance, better working environment ( hey, they have cubicles!), free beer, free lunches.

    Cons

    None really. Except maybe according to the legend it used to be better still, start-up like. Allegedly technical skills made careers then. Nowadays if you want a career the only skill needed is ability to manage up. Same as any IB, so not really a minus.


  2. Helpful (1)

    "Not too bad on average"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Engineer in New York, NY
    Current Employee - Engineer in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Liquidnet full-time (More than 5 years)

    Pros

    Rather productive workspace - nice cubicles with high walls, easy to concentrate, interruptions minimal
    Management considers this a tech co, so if you are a developer you are not immediately an expense like in any bank
    Reorganizations are rare
    Culture seems a bit better, not as cut throat as usual

    Cons

    Cubicles are about to go, new management likes open space, easier to see who comes/leaves when.
    Tech is still a punching bag for anybody interested. Weirdly IT managers happily participate.
    Reorganizations come in waves. Last wave was led by Bear Stern guys. Currently picking up steam under colleagues from DB.
    Culture is getting more like IB lately.

  3. Helpful (1)

    "Culture and people are key to their success."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Liquidnet full-time

    Pros

    Exceptional culture, employee focused, in house training programs and lots of perks.

    Cons

    Some members of the senior management team lack domain expertise.

    Advice to Management

    Keep to the course of your core business and focus on the development of your people.


  4. Helpful (4)

    "Beware"

    StarStarStarStarStar
    • 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
    Negative Outlook
    Disapproves of CEO

    I worked at Liquidnet full-time

    Pros

    Most pros are the standard good benefits and technology but worker beware.

    Cons

    If you are a knowledgeable and work hard work but belong to a minority group expect to be exploited and not rewarded. They'll string you along until they no longer need you. They will prevent your career from advancing in the direction you want and hold you to a much higher standard than your peers. Management is not afraid to gas light and create a hostile work environment to push out anyone who they don't like based on their personal criteria. Others will further their own careers and ruin yours in the process. This organization does not empower its employees unless you look like senior management regardless of merit. It teaches the wrong things -> playing politics to survive, backstabbing to survive, and just plain being cruel at times.

    Advice to Management

    Many of the bad apples are gone but the head honcho who leads all this is still there.


  5. Helpful (4)

    "Fading, fading, fading"

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

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

    Pros

    Pretty simple place to get around. Easy to see which political guru to latch onto. Fill your emails with ringing endorsements for certain managers and the CEO, you'll be fine.

    Cons

    Totally inflexible work policy, not anything like a good start up at all. Its a worn company that keeps trying to reinvent itself and failing every time. Luminex and others will eventually take all of their core business.

    Advice to Management

    Keep up the good work, get some more fake reviews here on glassdoor, no one will ever know.


  6. "Internship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Liquidnet takes good care of its employees. The environment is not as tense as other broker firms on Wall Street. They pride themselves on being the "Silicone Valley" of Wall Street.

    Cons

    daily life can be a bit monotonous and straining.


  7. Helpful (2)

    "Worst place for Quants, incompetent Management in Business, Product and Technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Liquidnet full-time

    Pros

    Only positive - Free food on Friday

    Cons

    Extremely poor quality of people in Product/Technology/Quant Management. All their Quant models are extremely buggy. While facebook will pay you handsomely for finding bugs in their software, Liquidnet will fire you if you find too many. The management is so stupid that don't know what's right or wrong.

    Advice to Management

    Get some real education!!!!!

  8. Helpful (4)

    "Could be so much better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Liquidnet full-time

    Pros

    Decent work / life balance
    Friday lunch
    HR benefits are very good

    Cons

    Treated with suspicion by it's customers, company pursues ideas that are not in keeping with it's core strengths, senior management is overly and often unrealistically optimistic, very poor development team with old tech. Too likely to be disrupted by a smaller nimble competitor

    Advice to Management

    Sell the company! You're too small to do it alone


  9. Helpful (1)

    "Rep"

    StarStarStarStarStar
    • 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
    Neutral Outlook
    Approves of CEO

    I worked at Liquidnet (More than 8 years)

    Pros

    Friday lunch, social awareness, giving back

    Cons

    Middle Management outnumbered employees.

    Advice to Management

    streamline


  10. "Great Company to work for!"

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

    Pros

    Great working environment and company benefits. Overall the technology teams are very great and friendly.

    Cons

    I don't have anything to tell you. Sorry!


Showing 83 of 91 reviews
Reset Filters