Tullett Prebon Reviews | Glassdoor

Tullett Prebon Reviews

Updated March 20, 2017
57 reviews

Filter

Filter

Full-time Part-time

57 Employee Reviews

Sort: Popular Rating Date

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)

Cons
  • There is a lack of career opportunities and growth (in 3 reviews)

  • Senior management totally removed (in 3 reviews)

More Pros and Cons

  1. "Training was good"

    Star Star Star Star Star
    Former Employee - Trainee in Jersey City, NJ
    Former Employee - Trainee in Jersey City, NJ

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

    Pros

    The training program was decent. Most people were eager to be there. Managers seemed professional and responsive.

    Cons

    It seems to have a relative high turnover but that might be just nature of the business. I left within a year to pursue another opportunity. A few people I know also left shortly after I did.

    Advice to Management

    I don't have long enough experience there to offer any advice to management.


  2. "Good learning experience"

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

    I have been working at Tullett Prebon part-time (Less than a year)

    Pros

    -The guys on my desk and others were really fun to work with
    -Laid back culture
    -Good learning experience

    Cons

    -Working over the summer months when trading slows down can be boring
    -Very little tangible work for an intern to do


  3. Helpful (2)

    "A different corporate experience."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Data Analyst in Jersey City, NJ
    Current Employee - Market Data Analyst in Jersey City, NJ
    Recommends
    No opinion of CEO

    Pros

    The laid back work environment.

    Cons

    There is a lack of career opportunities and growth.

    Advice to Management

    I worked for Tullett Prebon Information. A subsidiary of the well recognized Inter-Dealer Broker known as Tullett Prebon. I can't speak for how the rest of the departments work, but I do know that the TP information side could have communicated better. It's really sad when you work within a department that has never had an actual department meeting. Makes you question how the heads value passing on information to their employees. Ironically their goal is to provide transparent data yet lack transparency within their own organization.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    "Ok but no growth opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Market Data Analyst in Jersey City, NJ
    Former Employee - Market Data Analyst in Jersey City, NJ
    Doesn't Recommend
    No opinion of CEO

    Pros

    * Work with leading edge technologies
    * Learn market data from the source
    * Interact with a wide range of talent

    Cons

    * Management comprises of ex-brokers who care for nothing apart from making money
    * Very limited training or growth opportunities; training is woeful and a defined career path is non-existent

    Advice to Management

    Talk to your employees. Get feedback and ideas from them. They are your frontline workers and you should respect their thoughts on processes they commit to doing each day.


  6. "Great Broker!"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker in New York, NY
    Current Employee - Broker in New York, NY
    Approves of CEO

    Pros

    Good team working environment and attractive salary and bonus compensate for what some may see as tough working environment but a challenge to others

    Cons

    No share option scheme availiable to employees.healthcare provider used is pretty average. Tullett does not contribute to your 401K

    Advice to Management

    More feedback and information concerning the company needs to be issued to staff


  7. "Strong Brand"

    Star Star Star Star Star
    • 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.


  8. "Not given a chance"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    None that I can think of

    Cons

    Management quick to replace employees.


  9. "Avoid"

    Star Star Star Star Star
    • 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. "Best Brokerage firm in the world"

    Star Star Star Star Star
    • 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

    Pros

    They help you in the bad moments

    Cons

    The market situation is not the best at the moment


  11. Helpful (5)

    "Purely for the Money-Driven"

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

    Pros

    Potential to earn a lot through commissions
    Extensive network in almost every market
    Flexibility in job scope if you deliver your numbers and if you know how to manage the top

    Cons

    The most antiquated (un)professional work culture where people are rude to each other, discriminating and racist. There is no real control over "company culture" because all the company really cares about is that you show up and make your money. People expect you to show up unless you are literally dead, people scream at you (as with any high pressure broker job), your clients also scream at you, you can never really trust anyone because everyone is out there to make money for themselves. If you can't help them do that, then you're useless and they have no qualms about making that known. They don't care what you do, and to some unspoken, unwritten extent they expect you to do what's "necessary" to get business flowing in. Necessary - wine, dine, drink with your clients everyday, sell yourself out, worship the ground they walk on, eat their egos for breakfast if it entertains them. There is no sense of encouraging leadership because even your bosses are doing the same thing you do, so they're basically competing with you too. There is no career growth, you just start handling better accounts if you do well or are there long enough.

    Advice to Management

    I wouldn't know where to start. It's one of those deeply rotten and complicated systems very similar to the way banks are. Where money is the sole objective, people turn into really unsavory creatures. Perhaps employee evaluation should be done on a more professional and comprehensive level. Not just dependent on the amount of money they bring in, but also on their behavior at the workplace. Try to establish a better work culture where people are more supportive of each other and more respectful of personal lives. They do not owe you as much as you think and make them believe they do. Encourage good values at the work place. I know any head reading this will probably laugh it off, which makes it completely pointless, but it really has to be said. Brokers are miserable, disturbed people. Not just at Tullett Prebon!


Showing 57 of 61 reviews
Reset Filters