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Tower Research Capital LLC

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Tower Research Capital LLC

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Tower Research Capital LLC Reviews

Updated Jul 21, 2021

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Found 159 of over 179 reviews

3.8
78%
Recommend to a Friend
89%
Approve of CEO
Tower Research Capital LLC CEO Albert An (no image)
Albert An
19 Ratings
Pros
  • "Surrounded by driven and smart people(in 11 reviews)

  • "Good work life balance and good compensation(in 10 reviews)

  • Cons
  • "Trading Teams are in complete silos(in 8 reviews)

  • "pressure to make money and work life balance(in 3 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, less than 1 year

      Great Company

      May 2, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great working environment and great benefits

      Cons

      N/A, nothing bad at all.

      Be the first to find this review helpful
    2. 3.0
      Former Employee, more than 5 years

      It was a dream, then I woke up.

      Jul 21, 2021 - Software Engineer in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The people when I joined were the pros of the company. You could see the leaders resonate with ideas and act on them. They would listen to to their lowest rung. The free lunch, breakfast, zen-like office space and snacks were the cherry on top. Technology is a double edge sword, you have to have the best hardware and a team to build software to support that. Having said that, it is challenging yet exhausting... constantly. If you are from front-end, back-end, a cool startup or a bank it won't prepare you much for what Tower is. That's a good thing. You will be learning with the support of strong leaders. They will recognize your efforts and you will be rewarded

      Cons

      The past is the dream. The present is the reality of different leaders, and a generation of new challenges coming to the HFT space. That reality is there is a dwindling support of strong leaders whether through numbers or priorities. Whether through mediocrity or exemplary efforts, compensation remains stagnant. The work and those constant challenges continues to grow and if you swim in this low morale with your peers, there is very little desire to remain.

      Continue reading
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    3. 3.0
      Former Employee, more than 1 year

      relatively good

      Jul 14, 2021 - Quantitative Developer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good perks; trading team very independent; interesting work

      Cons

      risk is high when working for a trading team with short tenure

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    4. 2.0
      Former Employee, more than 5 years

      Still have PTSD from working here

      Jul 7, 2021 - Manager in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Snacks, lunch Smart people (until they leave)

      Cons

      Reorgs, direction changes Infighting, free-for-all, people looking after their own interests first and foremost vs long-term of company Poorly managed

      Continue reading
      2 people found this review helpful
    5. 4.0
      Former Employee, more than 3 years

      generally good work life balance

      Jun 3, 2021 - Senior Developer 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good culture, reasonable work life balance, interesting projects (good feeling of achievements)

      Cons

      didn't pay good bonus; some trading teams (ie limestone) are overpowered and mean.

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    6. 5.0
      Current Employee

      very good company to work with

      Apr 1, 2021 - Systems Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good culture, a lot of events

      Cons

      pay below expectation, benefits are very good

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    7. 5.0
      Former Employee

      Great Company

      Jan 12, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      You will go into depth with C++ and have plenty of colleagues who will want to learn with you... and definitely teach you.

      Cons

      Lot of code is already so optimized it may feel like you are doing nothing but fixing a bug here and there, instead of really architect-ing much. This may have changed as it has been a couple of years since I worked here.

      2 people found this review helpful
    8. 5.0
      Current Employee

      over all good

      Mar 3, 2021 - Software Engineer in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good company to work for

      Cons

      to much work per day

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    9. 5.0
      Current Employee, more than 5 years

      Business doing better than ever

      Jan 19, 2021 - Quantitative Trader in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Only a handful of firms that do HFT well. Have been more than happy at Tower for 5.5 years. Looks like most of the negative reviews come from support side rather than trading side.

      Cons

      Distinctive decor could be offputting to some

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    10. 5.0
      Current Employee

      Decent company

      Feb 18, 2021 - Algorithmic Trader in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Autonomous. No a__holes. Freedom. Good benefit

      Cons

      Your career will depend on which team you join

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    Viewing 1 - 10 of 159 Reviews

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