Tower Research Capital LLC Reviews | Glassdoor

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Tower Research Capital LLC Reviews

Updated February 13, 2018
60 reviews

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4.4
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Tower Research Capital LLC CEO Mark Gorton
Mark Gorton
38 Ratings

60 Employee Reviews

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Pros
Cons
  • traders might not have full autonomy in some trading teams (in 5 reviews)

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

More Pros and Cons

  1. Featured Review

    Helpful (7)

    "Great environment to work in and brilliant colleagues!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in New York, NY
    Current Employee - Manager 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

    I get to work with a great team of very smart and driven individuals. There is a lot of opportunity to work on projects that really interest you. I also get a sense of pride from working for a leader in the HFT world. Side note: you can't beat Tower's rooftop and awesome parties!

    Cons

    Lots of snacks and celebrations with food and drinks makes staying in shape tough!

    Advice to Management

    Even though we have relatively frequent Town Hall meetings, it would be good to hear more from senior management, even if informally. The more communication the better.


  2. "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

  3. "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.


  4. "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


  5. "Awesome Company to work"

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

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

    Pros

    Vacations, Career growth, parties, food

    Cons

    Not any that I know of


  6. "Legal"

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

    I worked at Tower Research Capital LLC part-time

    Pros

    Awesome group of people to work with. Substance of the work is interesting. Communication throughout the team and with other business teams is great.

    Cons

    Not a lot of cons as long as you are a diligent worker and can keep organized as there is a high volume of work.

    Advice to Management

    Keep it up!


  7. Helpful (3)

    "Poor management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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

    Pros

    less stressful than similar firms
    decent pay

    Cons

    insular and complacent culture
    technical debt like you've never seen
    turf wars

    Advice to Management

    Fix what you have before you think about selling Tower's services. Think about the effect on morale in NY when you talk about expanding in India.

  8. "Stimulating, challenging & educational work environment"

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

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

    Pros

    * Laid-back tech culture where developers are highly valued
    * Coworkers are friendly, helpful and generally very intelligent
    * Work is challenging and varied
    * Benefits: free breakfast/lunch, free gym, tons of snacks/drinks, frequent Tower events
    * Competitive pay
    * Modern decor and office environment
    * Strong work-life balance: most people leave by 6pm at least on the operations side (not necessarily true for trading teams) - it is rare to see anyone after 7pm

    Cons

    * Some politics and poor management, but not more than you'd find at any other firm.
    * Pods can be a little loud due to the office layout and this can frustrate some people (especially those who are more makers than managers)
    * Recent product management reorg has rubbed many staff who have been here longer the wrong way. Some people have left as a result; remains to be seen if the reorg is net positive
    * Snack choices should be healthier

    Advice to Management

    * Be quicker to get rid of toxic employees (which can poison the morale of others)
    * Focus on people, not tech


  9. Helpful (2)

    "Interesting work, great people and environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Current Employee - Software Developer in New York, NY
    Current Employee - Software Developer in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very laid back culture with abundant food and monthly activities. Extremely smart and talented coworkers who are eager to help. Very easy to communicate with others. Challenging problems that constantly evolve; feels very rewarding tackling and solving them.

    Cons

    Went through two reorgs in the past year and lost a few good people in the process. Fortunately, things look to have now stabilized.


  10. "Good 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

    good benefits , nice office, great colleagues

    Cons

    Nothing to mention so far


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