Tower Research Capital LLC Reviews | Glassdoor

Tower Research Capital LLC Reviews

Updated June 29, 2017
49 reviews

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4.5
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Tower Research Capital LLC CEO Mark Gorton
Mark Gorton
31 Ratings

49 Employee Reviews

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Pros
Cons
  • Internal chargebacks to trading teams disincentivizes trying new things (in 5 reviews)

  • Work life balance can be a challenge depending on what you do (in 2 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (2)

    "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. "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

  3. "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


  4. Helpful (1)

    "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.


  5. Helpful (1)

    "Great place to work"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    My colleagues are smart, supportive and professional. The company provides lots of perks such as free lunch and breakfast, tickets to events in the city and hosts many social events.

    Cons

    Can be somewhat disorganized and sometimes seems to be run as a small company even though there are over 700 employees.


  6. "Excellent place to work!"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee 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

    Amazing work environment, unlike any other. Smart, kind, talented people.

    Cons

    Nothing at this time.


  7. "Great place to work if you value work life balance"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexible work life balance.
    Great benefits. Lots of company outings where you can participate with your co- workers, family and friends.
    Company is committed in building infrastructure improve work flow and processes.

    Cons

    The office set up can be noisy at times therefore it can be hard to focus on your work

    Advice to Management

    Senior Management visibility and communication to ensure company is on the right track.

  8. Helpful (3)

    "Amazing company with career growth opportunities!"

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

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

    Pros

    Working at Tower has provided me with a wealth of opportunity. The firm is continuing to develop and it's super exciting to be apart of an environment full of collaboration. Additionally, the culture and the people are top notch. We host various events for cross-departmental relationship building and I can honestly say I learn something new everyday from incredibly smart individuals.

    Cons

    Lots of free food/drinks, so its easy to snack! That said, Tower offers a free gym membership to employees, so luckily, you can work it off!

    Advice to Management

    Continue to allow junior members to have a voice in meetings. Its good for moral and for their career progression!


  9. "Excellent place to work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Tower Research Capital LLC full-time

    Pros

    Very smart people
    Autonomy to get your work done
    Nice work atmosphere

    Cons

    The main office is pretty dated and cramped. Hope to get placed in 148 if you're based in NYC


  10. "Great place to retire. Not the best place to start your career."

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

    Great people, friendly culture, not your regular HFT

    Cons

    There is a huge difference between how different trading groups operate.
    Some groups have very little mentoring.

    Advice to Management

    So long, and thanks for all the fish.


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