Reid & Rudiger Capital Management Reviews | Glassdoor

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Reid & Rudiger Capital Management Reviews

8 reviews

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2.4
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  1. "Good starting place"

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

    Pros

    Good way to see how a brokerage firm works , as well as get sale exposure.

    Cons

    Compensation is low but nothing surprising for entry level.

    Advice to Management

    Allow for interns to do stock research you , you may find a hidden talent .


  2. "Not sure what they do all day"

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

    I worked at Reid & Rudiger Capital Management as an intern

    Pros

    Nice office near Wall Street, friendly reception staff, friendly colleagues, friendly enough senior management.

    Cons

    Most boring work on the planet - because it's not real work. All-male staff, the only women were receptionists. Probably Trump supporters.

    Advice to Management

    Expand your vision, and at least try to try.

  3. "Financial research Intern"

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

    I worked at Reid & Rudiger Capital Management as an intern (Less than a year)

    Pros

    Great opportunity to learn how stock brokers work
    Flexible schedule

    Cons

    Few opportunities to learn new technical skills


  4. Helpful (2)

    "chop shop ran by uneducated crooks"

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

    I worked at Reid & Rudiger Capital Management full-time (Less than a year)

    Pros

    place is terrible. not a real firm. only good thing is you learn a little bit about sales. the firm is structured to benefit the two owners and everyone else is a slave with no pay.

    Cons

    firm is a complete chop shop. no one at the firm really knows anything about the market. Work there for one day and you will see the slime that's still left of wall st chop shops

    Advice to Management

    figure out a new way of doing business because churning 80 year olds is only going to last so long


  5. Helpful (1)

    "Waste of time"

    StarStarStarStarStar
    • 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
    Negative Outlook

    I worked at Reid & Rudiger Capital Management as an intern (Less than a year)

    Pros

    Good look at how a small and outdated investment brokerage operates on wall street. Get to have a chance to learn to do initial cold-calls.

    Cons

    You don't really learn much and it's an unpaid internship. Which is why they can't retain interns for long.

    Advice to Management

    Pay interns or give stipends. Even a metrocard would help. Otherwise, stop wasting the interns' valuable time.


  6. "Research"

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

    I have been working at Reid & Rudiger Capital Management as an intern

    Pros

    Flexible hours and not bad location

    Cons

    it depends on what you do and who you are with

    Advice to Management

    growing firm with increasing number of clients


  7. "worst ever"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    Pros

    none complete waste of time if you like wasting your time then you should work there. i have never seen a worse company too work for

    Cons

    worst company i ever worked for nothing but lies from day one. high turnover rate nothing but scammers and liars i would never work there

  8. Helpful (3)

    "AVOID THIS FIRM AT ALL COSTS"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Neutral Outlook

    Pros

    There are no pros whatsoever. This firm should be liquidated and destroyed. Biggest SCAM in the finance industry.

    Cons

    This firm makes Stratton Oakmont look like charity. The entire operation is the epitome of both a boiler room and a chop shop. Interns are hired to do brainless busy work of writing addresses of individuals on index cards for 3 brokers to cold call. THAT IS ALL YOU WILL DO IF HIRED. No one will talk to you, no one will look at you, no one will teach you anything at all related to finance or the general business field.

    The employees of the firm, which number to less than 10, throw themselves to the feet of the two owners whom this pitiful excuse for a company is named after. There is no doubt whatsoever that the day-to-day operations of Reid & Rudiger revolve around and are at the mercy of both Reid and Rudiger. To this day I cannot understand how these men and women choose to work at a firm like this. They either are too desperate to hang on to a job that they need to stick around, or they are too dumb to realize how backwards this company really is.

    If you would like to learn and experience how to NOT do business on Wall Street or in finance, perhaps this job fits you.

    Advice to Management

    Its 2015, not 1985. The brokerage industry is dying. If you are to stubborn or too blind to realize that cold-calling tactics are obsolete, then you should close up shop and retire.

    Firms like yours are a laughing stock in the financial industry, but I guess you are too stupid to see that.