Telsey Advisory Group Reviews | Glassdoor

Telsey Advisory Group Reviews

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21 Employee Reviews

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  1. Helpful (8)

    "No Longevity"

    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

    Pros

    There are some pleasant people scattered about that are nice to work with. Stocked kitchen with snacks and beverages.

    Cons

    High turn over rate. The average people stay is 1 year or less, sometimes a little over. Sub par pay. Poor management. No HR department. They make up their own rules outside of common practices from other firms in the industry. They don't value employees.

    Advice to Management

    People are leaving because of how you run things. Time to look in the mirror management.


  2. Helpful (1)

    "If there was a ZERO, I would give it."

    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

    Pros

    Candy in the kitchen and that's it!

    Cons

    Chews and spits people out. CEO has no regard for anyone. Research is completely overrated. Look at the ratings. Most people can walk a mall on their own!

    Advice to Management

    No advice as they wouldn't listen anyway.

  3. Helpful (1)

    "Simply Pathetic"

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

    Pros

    Nice midtown office location (downsizing soon due to financial troubles).
    After thinking hard I cannot come up with any more positives. Unfortunately it really is this bad.

    Cons

    A management team stuck on growing the firm in 1990's fashion in the 2016 environment.
    Management has very little understanding how basic business works.
    Management does not trust employees whatsoever. Instead of viewing employees as teammates they are viewed as competitors. They actually hate most employees.
    When business is slow it's always because the sales team is not doing their job. The real problem is stock calls and research in general are horrific.
    The research at this firm is similar to using a pencil to go to war. It's inferior.
    Upper management admits often the research is poor, but remains too afraid to address the issue with CEO.
    CEO's batting average on stock picks is among the worst in the industry.
    Overall mood of the staff is bitter and angry due to management mistreatment. It's the most sour group of employees I have ever experienced. Most employees are looking for new jobs while at work.

    Advice to Management

    Stop believing your research drives business. It's all relationships.
    Come to grips with the reality your research product is well below average.
    Stop treating employees like third class citizens.
    Spend some money to hire quality analysts versus robots who publish run of the mill sell side research which adds zero value.
    Wake up and realize we are in 2016. This requires deep changes to your business model.
    Hire someone with experience to run your firm. Make this change soon, or you won't be in business much longer.
    Discuss with CEO that criticism is not a personal attack and there is no reason to act like a 3 year old and throw temper tantrums when an employee does not agree with her. Do not hold grudges and think the worst of your employees. There are actually some good people at the firm.


  4. Helpful (1)

    "Depressing stay away!!!!!!"

    StarStarStarStarStar
    Current Employee - Research Associate
    Current Employee - Research Associate
    Doesn't Recommend
    Negative Outlook

    Pros

    Fruits, snacks, water, candy & pretzels

    Cons

    The fact that Arnold keeps saying Dana is on CNN makes me laugh. I've worked with the real deal contributors to money matters, the real big shots!

    Dark office, dark atmosphere, no work life balance, sweat shop, unprofessional, classless, unorganized, poor management, research is inadequate.
    No 401 k match
    2 weeks vacation - not worth it for all the time you work.
    Benefits are inadequate
    Just a mess

    Advice to Management

    Sell the firm.


  5. Helpful (5)

    "Sales"

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

    I worked at Telsey Advisory Group full-time (More than a year)

    Pros

    Constant entertainment from all the drama and clueless behavior management displays. It's really sad, yet, at the same time one cannot help but laugh at consistent amateur hour decisions management makes.

    Cons

    Normally reviews on the Internet are extreme. When I stumbled upon the previous 19 reviews I could not believe how accurate they were. As a matter of fact, many of the reviews are actually being kind. Yes, this firm really is this bad. Do not work here. It's career and mentally damaging. Leaving this firm is like getting out of the hole of solitary confinement.

    Advice to Management

    Spend some money to enhance your research product. Everybody except two people know this is the elephant in the room. Stop making bad cheap decisions to fix the firm when all one has to do is look in the mirror to correct the problems.
    Try to show a little appreciation to your employees. We know you are in love with money and nothing else, but try to fake that you care?
    Answer emails you don't agree with. Open communication is how you build trust and debate. Only responding to 'pat on the back' emails is the way children act.
    There is no quick fix when the boat is sinking because there are endless holes. LOOK IN THE MIRROR MANAGEMENT.


  6. Helpful (3)

    "like the sitcom the office, only depressing"

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

    I worked at Telsey Advisory Group full-time (Less than a year)

    Pros

    free m&ms, feldman never dislikes a stock, dana always wears black, oh also free snapple. Good place to get your licenses and then upgrade to a decent firm

    Cons

    no future, high turnover, low salary, management is terrible, nobody cares

    Advice to Management

    sell the company and open a bodega


  7. Helpful (4)

    "Ruined a Good Firm"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in New York, NY
    Former Employee - Sales in New York, NY
    Doesn't Recommend
    Negative Outlook

    Pros

    Honestly there really are none! If there was a negative rating this firm would receive it.

    Cons

    Inexperienced management team with limited understanding how Wall St operates.
    CEO is more concerned about how she is perceived by companies instead of doing value add research. The entire SR management team tries to control CEO with little success. Behind the scenes SR management expresses frustration over CEO to all employees. To CEO's face SR management bow down and kiss her feet and tell her how great she is. It really is sickening! CEO also serves as head of research which creates a major conflict of interest. The entire SR management team tries to control CEO by forcing stock calls when it's CEO's nature to report news and go on TV to promote self image. CEO is in the wrong business.
    No credible HR department to offer a sounding board.
    The firm lost 95% of its quality analysts, sales and trading department over the last few years.
    Sinking fast.

    Advice to Management

    Stop treating employees like children. Nobody appreciates being manipulated.
    There is a reason you continue to lose all your quality employees, while the non producers stick around and milk the dole.

  8. Helpful (3)

    "Missed the Boat"

    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

    I worked at Telsey Advisory Group full-time (More than a year)

    Pros

    I can't honestly think of any. If I could give less than one star I would.

    Cons

    This company had an opportunity to really start out with a bang both for their product and their company culture. Unfortunately they missed the boat on both fronts. The product is unsellable; management won't go out on a limb to make a call worth getting behind. There's absolutely no value-add to a sophisticated fund, especially given the price they are trying to charge.

    The culture at this company is just ridiculous and it all stems from the top. There is no trust between management and everyone else. Even the people in management positions are constantly backstabbing and manipulating each other. Employees mimic this by continuing the backstabbing or don’t last long. Everyone here is completely miserable.

    Advice to Management

    You need to come out of fairytale land, where you think you are worth what you are asking, and start focusing on treating your employees as if you actually give a crap. Given that your product is completely worthless, having dedicated employees is going to be your only shot at surviving. Maybe start by taking a hard look at who you have in charge and what they are really doing in the face of your complete ignorance. Next try vetting the people you have in charge for actual experience in the industry. Being a greedy, manipulative jerk shouldn’t be the only prerequisite you require.


  9. Helpful (5)

    "STAY AWAY"

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

    I have been working at Telsey Advisory Group full-time (More than a year)

    Pros

    Management lacks industry sophistication which provides analysts with more freedom.
    Ideal office location.

    Cons

    Persistent micromanagement with little to no understanding of how the business works. Key management members often display odd childish behavior. This creates a serious uphill battle when attempting to alter the current atrocious company culture.
    Benefits and pay packages are very stingy. Not a good combination when you factor in having to tolerate the poor behavior of management.

    Advice to Management

    CEO needs to hire quality managers around her. The current team would not survive at a bucket shop. 90% of the analysts need to be replaced. They go through the motions and do not care. Most of the analyst team has a negative attitude towards management which in turn causes no motivation to perform. I have never worked at a firm where its employees hate management as much as they do at Telsey Advisory Group. SOMETHING MUST CHANGE!!!


  10. Helpful (3)

    "Look Elsewhere"

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

    I worked at Telsey Advisory Group (Less than a year)

    Pros

    Sometimes there's free cookies on Fridays

    Cons

    Incompetent management
    Nonexistent HR department
    Unhappy, disgruntled employees
    Disorganized work structure
    Excessive micromanagement
    Lack of training
    Complete lack of work/life balance
    Toxic, unfriendly work environment
    Ugly office

    Advice to Management

    Hire a COO and Director of Operations.


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