Tullett Prebon Reviews | Glassdoor

Tullett Prebon Reviews

Updated September 22, 2017
64 reviews

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3.0
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Tullett Prebon CEO John Phizackerley
John Phizackerley
11 Ratings

64 Employee Reviews

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Pros
  • global company, access to lots of resources, friendly and helpful HR, great location, good people to work with socially for the most part (in 3 reviews)

  • Good culture, great people, decent pay (in 3 reviews)

Cons
More Pros and Cons

  1. Helpful (1)

    "Broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker in Jersey City, NJ
    Former Employee - Broker in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (More than 8 years)

    Pros

    Excellent company to get an opportunity with. The level of success is dependent on how hard you are willing to work for it.

    Cons

    Dodd-Frank, and other political uncertainties cloud long-term future of certain markets.


  2. "Broker"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good culture, great people, decent pay

    Cons

    I have nothing negative here

  3. "Just a Job, Nothing Else!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Jersey City, NJ
    Former Employee - Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (More than 10 years)

    Pros

    Great location that's easily accessible by PATH, NY Waterways and NJ-NY tunnels. Fabulous support staff that outperformed under constant stress.

    Cons

    Management did not care about the working staff. It was a, "If you don't like it, you're free to leave" mentality. Poor morale and salary reviews with frozen wages for years'.

    Advice to Management

    Open up and listen to the employee population through town hall meetings. The main thing is not to label a question by an employee as negative, which is something HR always did.


  4. "Not given a chance"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    None that I can think of

    Cons

    Management quick to replace employees.


  5. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Tullett Prebon full-time (More than 10 years)

    Pros

    Desk Managers were an invaluable asset to the Company. Open, communicative, engaged.

    Cons

    Upper Management less engaged with individual desks.


  6. "Strong Brand"

    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 Tullett Prebon full-time

    Pros

    Tullett's global reach offers opportunity to relocate. Tullett's compliance and legal team have the experience to navigate through the latest complex regulations. Young people entering the workforce will be exposed to Tullett's vast experience in the interdealer broker market.

    Cons

    A large corporate culture may overwhelm those who prefer a more boutique feel. An impending merger with ICAP may cause a wave of consolidation.

    Advice to Management

    The brokers are the revenue engine for Tullett. Management needs to be aware of their stresses as the markets change and the merger becomes a reality. The ability to open remote locations can open the door to more great hires as technology allows for teams to work together in different locations.


  7. "broker"

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

    I worked at Tullett Prebon full-time (More than 3 years)

    Pros

    tullett was a great place to work. i enjoyed my time there. they are very competetive in their respective financial space.

    Cons

    I dont have many negative words to say about Tullett. I went through an acquisition with Chapdelaine. Management could have been a bit more clear regarding direction.

  8. "energy broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Energy Broker in Jersey City, NJ
    Current Employee - Energy Broker in Jersey City, NJ
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Tullett Prebon (More than 5 years)

    Pros

    global company, access to lots of resources, friendly and helpful HR, great location, good people to work with socially for the most part

    Cons

    need to examine and change their P/L structure to facilitate team players over individual performance

    Advice to Management

    hire outside consultants to better facilitate communications amongst the brokers


  9. Helpful (1)

    "Avoid"

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

    I worked at Tullett Prebon full-time (More than a year)

    Pros

    I'm trying to find one but simply can't. Maybe it gets slow in down markets and you can hang out and surf the web but you can't really leave your desk in fear a deal comes through.

    At it's core the work is so easy a child could do it, which might explain why the people who work here act like children. Like all other finance jobs brokers put a spin on it to make it look and sound more difficult than it is so that no one can take their job.

    Cons

    The People -- Racist, entitled, self obsessed, difficult cry babies. You can quite literally do or say whatever you want so long as you make money. It's a culture of distrust where your superiors withhold vital information in fear that you are more capable at doing their job than they are. That insecurity stems from the fact that the wrong people were hired in the first place and have to do whatever it takes to keep their job.

    There is no career progression because you are competing against the people training you for accounts, so you have to know people before or suck up to the right people

    Advice to Management

    Honestly, what is there to say. Your business is rotten from its core, perpetuates greed, and hires the wrong people. If you promise an employee a certain amount of money for a bonus, you should fulfill that promise or at least give them a straight answer when asked why.


  10. "Not bad but also not great. Could use a tune up"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker/Analyst in Jersey City, NJ
    Current Employee - Broker/Analyst in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    I agree with the posters below that this is a fabulous place to make money. Camaraderie is good and you will learn a lot. They promote an open door policy and upper management is accessible.

    Cons

    Inconsistent and sometimes disengaged leadership. Certain departments are not in the best shape. HR can be pleasant but not a big help. The Legal Department in New Jersey City always seems to be jettisoning its best people or they leave on their own accord. The individual at its helm is not really viewed as particularly trusted or capable. IT is very helpful any time I have a computer issue at my desk.


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