PEAK6 Investments Reviews | Glassdoor

PEAK6 Investments Reviews

Updated Aug 19, 2019

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3.2
57%
Recommend to a Friend
69%
Approve of CEO
PEAK6 Investments CEO Matthew Hulsizer
Matthew Hulsizer
101 Ratings
  1. Helpful (12)

    "Company in transition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trader 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at PEAK6 Investments full-time

    Pros

    Some really great co-workers Free food Great benefits Annual party Office space

    Cons

    Little opportunity for career growth. Management's increased focus on venture capital. Strange changes to desk.

    Advice to Management

    Enjoyed my time with the firm. Be straight with your people. They're smart people.

    PEAK6 Investments2018-04-06
  2. Helpful (18)

    "Dedicated hardworking involved employee"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at PEAK6 Investments full-time for more than 3 years

    Pros

    Good Snacks and a great holiday party. Owners are very forward thinking and fun.

    Cons

    Management, politics in office, there seems to be this sense of fake culture being force fed to everyone and the resistance is unbearable. Very negative environment to work in. Let people go without warning or reason. Non-management employees seem to be fired for poor management/project management decisions being made instead of the people making the poor decisions.

    Advice to Management

    Be better listeners there are some very talented people much smarter than some of you. Matt and Jenny are so blind to the poor culture and management crushing culture at every turn.

    PEAK6 Investments2018-03-12
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  4. Helpful (27)

    "1 Star Company AT BEST"

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

    I worked at PEAK6 Investments full-time

    Pros

    Generous vacation time, good snacks

    Cons

    Management, Political Culture, No Growth, management does not seem to actually care about employees at all

    Advice to Management

    Hours are fine, there is decent work/life balance. The issue lies within management and the culture at PEAK6. Every day you see more people being fired for absolutely no reason and no one is given any explanation. HR is a joke there and the C-Suite management team is so disorganized. There is an extreme lack of communication and respect across all fields at PEAK6. It has been described to me as a really "negative... energy" space. It is an extremely selfish and political environment - if someone does not like you (even someone low on the totem pole) for no reason at all other than being jealous or petty/immature, you will be gone within a matter of days. I do not recommend anyone working at this company and if you do, I hope you make it out with your dignity still intact. On the flip side, Matt and Jenny, the founders, seem great. They are just in the dark on so much of the going-on's of the company and how their employees really feel.

    Show More
    PEAK6 Investments2018-03-08
  5. Helpful (17)

    "More dollars than sense"

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

    I worked at PEAK6 Investments full-time for more than a year

    Pros

    Nice office, lots of snacks

    Cons

    General disrespect of employees. They’ve had success in trading, though they’re a one trick pony and do not innovate. They arrogantly think this limited success makes them technology visionaries. They have failure upon failure with their business ideas. Everyone in the org knows the ideas are weak but it’s like the emperor’s new clothes and everyone pretends otherwise.

    Advice to Management

    Be self-aware, stop thinking you're experts in everything because you had success in trading.

    PEAK6 Investments2018-03-14
  6. Helpful (2)

    "Trader"

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

    I worked at PEAK6 Investments full-time

    Pros

    Fun culture, cool office, encouraging

    Cons

    Can be political, hard to get bonus

    PEAK6 Investments2017-10-12
  7. Helpful (5)

    "junior trader"

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

    I worked at PEAK6 Investments full-time

    Pros

    education office space location managers

    Cons

    testing mock trading learning from novices working long hours

    Advice to Management

    not everyone wants to mock trade so you shouldn't really base everything on that

    PEAK6 Investments2017-09-28
  8. Helpful (22)

    "Do NOT work here if you want a career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trader in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at PEAK6 Investments full-time for more than 3 years

    Pros

    Great office space Free snacks First few months of training Good Benefits Yearly party

    Cons

    - If you are good at your role, there is 0 room for growth Peak6 seem to view employees as cogs in their own machine. If a cog is functioning properly, the cog stays put. It doesn't matter if the cog wants to grow/develop itself further. Allowing employees to progress in their careers might lessen turnover. - 95% of Middle Management The role of a trader is to be better/faster/smarter than everyone else... around them. Much of the qualities necessary to become a good trader are the ones that doom you to being a subpar manager. Doing 360 degree reviews would allow for feedback on manager performance from those being manged.

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    Advice to Management

    1) Allow employees to progress in their careers 2) Start doing 360 degree feedback

    PEAK6 Investments2017-09-01
  9. "Analyst"

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

    I worked at PEAK6 Investments full-time

    Pros

    PEAK6 is a good place to work with a lot of talented individuals. They offer a lot of small office perks. Pretty dynamic work place with some bureaucracy, but not that bad relative to some bigger firms. They reward those who add value accordingly - especially traders. You feel like your actions can make an impact on the bottom line.

    Cons

    They don't do a job investing and developing in employees. In their defense, they were trying to turn that around when I left. However, it has been a long time coming and they have attempted some similar programs in the past so who knows if it will stick. Although you have good bonus potential, the base salaries are not very competitive making you reliant on a bonus that may or may not come. If you are willing... to accept that risk I would not let the lower salary dissuade you.

    Show More
    PEAK6 Investments2017-07-18
  10. "PEAK6"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at PEAK6 Investments full-time

    Pros

    Great culture, easy to get along with most people.

    Cons

    Pay is below average.

    Advice to Management

    Continue to work on recognition

    PEAK6 Investments2017-06-28
  11. Helpful (16)

    "No raises/advancement opportunity. CMO driving business/creative ideas into the ground."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at PEAK6 Investments full-time for more than 5 years

    Pros

    Seeing the building in my rearview mirror.

    Cons

    Poor management in marketing, micromanaged, lots of attitude/poor treatment by CMO control freak, long hours without proper compensation, poor office conditions in creative department. No work/life balance. Expected to be "ON" 24/7, Extremely stressful and highly critical environment.

    Advice to Management

    Provide reviews for employees to at least have a small chance to voice their concerns/opinions and offer raises/advancement options from within. Take a hard look at what your CMO is doing and how treating employees. CEO's seem great otherwise...They just have no grasp on what is going on.

    PEAK6 Investments2017-07-17
Found 156 reviews