Tower Research Capital LLC Reviews | Glassdoor

Tower Research Capital LLC Reviews

Updated January 3, 2019
74 reviews

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4.2
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Tower Research Capital LLC CEO Mark Gorton
Mark Gorton
48 Ratings

Employee Reviews

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Pros
  • "You get to work with really smart people" (in 8 reviews)

  • "Relaxed office and work culture inspired by Google" (in 6 reviews)

Cons
  • "Poor work life balance, and mostly systems work" (in 3 reviews)

  • "nothing to mention here as it if always helpful for us" (in 2 reviews)

More Pros and Cons

  1. Helpful (1)

    "Great company"

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

    I have been working at Tower Research Capital LLC full-time (More than 3 years)

    Pros

    Company truly cares about their employees.

    Cons

    Communication across groups can be improved.


  2. "Great place to work."

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

    I have been working at Tower Research Capital LLC full-time

    Pros

    Fast pace environment as the financial markets keep changing so work never gets dull.
    Surrounded by driven and smart people.

    Cons

    Same as the pro: Fast pace environment as the financial markets keep changing.

  3. Helpful (15)

    "Ossified structure; ever-diminishing perks"

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

    I have been working at Tower Research Capital LLC full-time

    Pros

    Compensation, and if you're lucky enough to be in the Lafayette building then a nice environment.

    Cons

    No career path or internal educational opportunities: company prefers to expend you in your hired role and hire someone else.

    Huge cost-saving cuts: health insurance in particular has been converted into one of those "consumer driven" plans, i.e. it covers almost nothing in the hope that consumers will be driven never to be unwell.


  4. "Overall"

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

    I have been working at Tower Research Capital LLC full-time

    Pros

    Good food, very intelligent people and hard working

    Cons

    lack of co-working and communication


  5. "Overall Good Company"

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

    I have been working at Tower Research Capital LLC full-time

    Pros

    Good Pay, good perks, free food

    Cons

    Too much cost assigned to trading teams


  6. "Great colleagues, fun company"

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

    I have been working at Tower Research Capital LLC full-time (More than 8 years)

    Pros

    Working with the best engineering talent
    Great culture
    No hierarchy or bureaucracy
    Great for fresh college grads

    Cons

    Lack of hierarchy means not much growth for senior employees

    Advice to Management

    Provide active career counseling/mentoring to employees
    Focus more on team work and collaboration


  7. Helpful (5)

    "Great work environment but very siloed"

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

    I have been working at Tower Research Capital LLC full-time (More than 3 years)

    Pros

    You are surrounded with a very smart group of people who are very eager to help out. Collaboration is something that is built into Tower's culture.
    Some of the times you get to work on interesting problems.
    Even though management lacks in experience they are receptive to feedback. They mostly listen and try to help you out with future goals.

    Cons

    The worst thing about this place is it's siloed nature. This is true mostly for core engineering. It's almost impossible to get a view of why you are doing some stuff.
    With time it has increasingly become "my way or the highway" sort of management.
    As the firm is growing so is the bureaucracy. It's very hard to get things done without getting permission from 100 different people.
    There is no way to grow up in the job. You just make more money and sit tight in hope that your superior resigns and they can't find someone external to replace them.

    Advice to Management

    Be open about future ambitions.
    Apart from just being receptive, people need to act on the feedback rather than dismissing them.

  8. "If you like partaking in challenges with smart people, this is the place for you"

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

    I have been working at Tower Research Capital LLC full-time (Less than a year)

    Pros

    Very progressive and fast-paced environment. The people who work here are both friendly and friggin' geniuses

    Cons

    The teams are quite siloed


  9. "Great place to work"

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

    I have been working at Tower Research Capital LLC full-time (More than 3 years)

    Pros

    Very high level of competence across the firm. For most parts a positive place to work. Free food and drink.

    Cons

    Continuous pressure. Long working hours.


  10. Helpful (3)

    "trader"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Tower Research Capital LLC full-time

    Pros

    flexible working hours, less politics

    Cons

    very stressful when trading performance is not good