Thomas Weisel Partners Reviews | Glassdoor

Thomas Weisel Partners Reviews

Updated November 3, 2016
17 reviews

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3.0
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Thomas Weisel Partners Chairman and CEO Thomas Weisel
Thomas Weisel
7 Ratings

17 Employee Reviews

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  1. "I-Banking Analyst"

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

    I worked at Thomas Weisel Partners full-time (More than a year)

    Pros

    Learned a ton in a short period of time. Access to CEOs and CFOs was really cool.

    Cons

    85 hour average work weeks are brutal. I never had a weekend.

    Advice to Management

    Re-think your business model of burning people up and re-loading every two years


  2. "Now owned by Stifel Nicholas in St. Louis"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in San Francisco, CA
    Current Employee - Executive Assistant in San Francisco, CA
    Doesn't Recommend

    I have been working at Thomas Weisel Partners full-time (More than 3 years)

    Pros

    None, boring place to work. No room for growth. Male dominated company. Poor employee morale.

    Cons

    Stifel had sticker shock from SF EA salaries and I believe salary offer amounts for EA roles declined after TWP was purchased.


  3. "Got bought recently - but it is a good tech-focused investment bank with great talent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst Then Associate in San Francisco, CA
    Former Employee - Analyst Then Associate in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Thomas Weisel Partners full-time (More than 3 years)

    Pros

    Talent, Competitiveness, Aligned Interests, the feeling of beating Goldman on a deal.

    Cons

    Management wasn't A+, deal flow was spotty sometimes

    Advice to Management

    N/A


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  5. Helpful (1)

    "A NIGHTMARE"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA
    Doesn't Recommend
    Disapproves of CEO

    I worked at Thomas Weisel Partners full-time (More than a year)

    Pros

    Decent work/life balance. THE only pro.

    Cons

    Thomas Weisel is unfair and ruthless...every day was a nightmare reporting to this guy who blew a fuse on any given moment. Rage beyond professionalism.


  6. "Good overall place to work; acquired by Stifel Financial in 2010"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in San Francisco, CA
    Former Employee - Vice President in San Francisco, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Thomas Weisel Partners full-time (More than 5 years)

    Pros

    Had great entrepreneurial spirit in early days. People could really carve out their own space and go out and generate business. More challenging days after 2001.

    Cons

    Has a reputation for being a cut-throat place, which I didn't think was entirely fair. I was always treated evenly and given opportunity.

    Advice to Management

    Nothing to add now that company has been acquired.


  7. "Good learning experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in New York, NY
    Current Employee - Research Associate in New York, NY
    No opinion of CEO

    Pros

    Decent lifestyle balance if you are on the right team. Good place to learn the basics of financial statement analysis, stock selection, and to learn about an industry. Great offices

    Cons

    Compensation has fallen well behind peers. Sometimes you can get stuck as a research associate with not much career advancement opportunity within the firm.

    Advice to Management

    The company needs to pay people that have put in their time The company feels as though the research associate position is easy to fill, and therefore does not feel like it is necessary to pay them well. People have been angry about President's salary for years-he should lead by example and take a paycut


  8. "Running on Empty"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Managing Director in San Francisco, CA
    Former Employee - Managing Director in San Francisco, CA
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Name recognition is good. Headquarters in San Francisco. Boutique size firm. There are pockets of intelligent, hard working people within the firm.

    Cons

    Disconnect between upper management and front lines. Management decisions concerning growth opportunities and direction of firm are questionable. Small market capitalization inhibits ability to compete with larger rivals. Lack of IPO's over the last two years has highlighted TWPG's dependence on deal flow. Th

    Advice to Management

    Unwind the horrendous Westwind Partners deal and get back to core competancies...trading stocks and investment banking. TWPG spent way too much capital for near nothing in return.


  9. "Associate - Equity Research"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate
    Former Employee - Associate
    No opinion of CEO

    Pros

    Smaller than large firms typically means you get more exposure at a young age

    Cons

    Senior management leaves something to be desired which lead me to question future of firm

    Advice to Management

    Focus more long term strategy for the firm, invest in young in talent like you used to (loyal employees versus rotating door of expensive hires)


  10. Helpful (1)

    "Great place to work."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Associate
    Former Employee - Research Associate
    Recommends
    Approves of CEO

    Pros

    I worked at TWP straight out of college. While many banks and consulting firms describe themselves as having a collegiate atmosphere, TWP actually lives up to the promise. I would routinely find myself tossing around the pig skin with my coworkers at 11pm while waiting for the days work to go out. There is very little feelings of competition with your coworkers and aside fromn everyone bitching about how pay isnt that competitive, everyone is pretty happy. For example, even though i am two years out, I I had dinner with two of my coworkers just a few days ago.

    Cons

    This may seem like an obvious observation but trust me, it’ll hit you after your first week of working at home. Consider this: your buddies wake up in the morning, get dressed, take a drive, get to the office, have some lunch, get back on the road, and then return home. Meanwhile, you’ve been there the whole time. This may seem like a sweet deal at first, but you may find yourself growing a bit tired of the environment - you are, after all, there 24/7. No matter how great of a work environment you’ve set up for yourself, a static environment can sometimes suck the life out of you. This pain point hits home the hardest at the end of the day when you’re simply dying to get out. The problem is, your buddies are all relieved to finally be back home and don’t have the energy to head out to the bar with you. Suddenly a drive out to the gas station is a major treat.

    Advice to Management

    Be more straightforward.


  11. "Decent place to work depending on the your job"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in San Francisco, CA
    Current Employee - Associate in San Francisco, CA
    Recommends
    No opinion of CEO

    Pros

    Location, nice colleagues, positive culture, reasonable pay (for middle market bank). The culture is generally positive and there is not a lot of office politics.

    Cons

    TWP is not well-run from an operational perspective, senior mgmt doesn't always seem to be make good decisions. It's probably a decent place to work if you are in back office or administration. Until very recently the company was over staffed with upper management and administrative/back office. It has gotten better after several rounds off layoffs but for such a small company (600 or so employees) it can actually be somewhat bureaucratic.

    Advice to Management

    See above



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