An environment that nurtures independence and leadership - Director Solganick & Co Employee Review

5.0
24 Aug 2024
Recommend
CEO approval
Business outlook

Pros

A very healthy culture where there is no micromanagement and everyone is empowered to contribute at all levels and/or assume leadership

Cons

Investment banking in general is highly competitive and not all deals close so the deal flow has to be constantly fought for

Explore other reviews about Solganick & Co

5.0
28 Aug 2024
Recommend
CEO approval
Business outlook

Pros

Working with Aaron and his senior leadership this summer was a great experience. Everyone in the office is extremely intelligent and emotionally intelligent. I learned a lot during my time there this last summer.

Cons

I honestly did not have any cons reflecting back. I was just an intern that was trying to learn as much as possible and they let me do just that!

2.0
6 Jan 2025
Recommend
CEO approval
Business outlook

Pros

Great Tech M&A experience in a boutique setting.

Cons

Investment banking is notoriously tough, but must operate within accepted rules and norms within a regulated framework. You will find that this firm has historically been a revolving door of former employees and associates. It is the result of natural ups and downs in the industry and sector, but mostly to an inconsistent and sometimes intimimidating management style and culture, which has bordered on emotionally and mentally abusive communication patterns. More importantly, employee contracts and agreements are, understatedly, not solid. On deals you are contractually eligible to be compensated for, you may not receive any deal or fee sheets (even if you ask for them), making it impossible to know what amount you will get paid (or not) or if you are getting compensated according to to your executed contract. In other words, you will get paid or not according to what senior management wants you to get paid. Because you may also have a pipeline of other deal opportunities that you have worked diligently on and are entitled to get paid on in the near future, you are severely limited or even trapped in your recourse with senior management. Together, the emotional intimidation and contractual "ambiguity" create an obviously stressful and intolerable situation and work environment.

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Solganick & Co Response
1y
Sorry to hear you had a bad experience at our firm. Investment banking is not for everyone, as it sounds like you had a very stressful time here. Not sure who or what person communicated with you that caused mental and emotional stress because we have a no-jerk policy overall when we hire professionals. And I know the CEO does not speak in this manner whatsoever to anyone inside or outside the firm. Mergers and acquisitions has a lot of ups and downs and perhaps you caught a downturn when you were here. Regardless, we wish you the best of luck in your career elsewhere.
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