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Longbow Research

Is this your company?

Great people, horrid CEO - Junior Equity Analyst Longbow Research Employee Review

1.0
Aug 27, 2013
Recommend
CEO approval
Business outlook

Pros

Since everyone at the firm is trying their best to get out, there is a decent amount of room for promotions.

Cons

Just about every issue at the firm (and there are MANY) stems from the lack of leadership, vision, and overall managerial ability. MacGregor runs all bonus meetings and, through some arbitrary process, decides who gets what. It doesn't matter if you've only interacted with him 3 times since your last meeting, he believes he knows how well you're doing your job. There is also the issue that the sales vote is private and has been altered in the past. Those who "kiss up" are MUCH more likely to receive favorable bonuses. The administrative staff is bloated and ineffective. They are so far away from the cutting edge that they're not even on the knife. The sales force has gotten fat at the top due to a poor distribution of accounts. This has removed the incentive for the top earners to prospect or develop new accounts. The guys at the bottom are pushed around like pawns and have no say in the structure of the sales process. A "head of sales" was brought in to try and fix this situation, but no one has yet been able to figure out what he has contributed. The company's vision changes at the whim of the CEO. This typically happens every 3-4 months and multiple meetings are called. New initiatives are handed down without discussion and then promptly forgotten about a month or two later.

Explore other reviews about Longbow Research

5.0
Apr 16, 2019
Recommend
CEO approval
Business outlook

Pros

- If you are looking to enter the Equity Research industry, Longbow presents an excellent opportunity for new hires to learn the business and grow fast while gaining relevant experience at a deserving pace - Good entry level pay - Senior/Junior analysts and DoR always willing to help/teach - The goal is to mold Associates/Juniors into Senior Positions. While you have a lot of individual freedom to work on your team, the overall goal is focused on your development, as it is obviously beneficial to them as well

Cons

- Smaller firms are at an overall disadvantage in the current environment of the industry - There can be some research to sales disconnect - Trajectory of the firm overall seems shaky

1
3.0
Sep 6, 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

It's a step up to a higher rate of play: very fast paced and exciting at times. If you're young and social, you'll meet and retain a ton of friends here. Highly professional setting. Pay is pretty good as long as you scratch tooth and nail to justify you earned it. If you want more responsibility, usually it's there for the taking. CEO is a mostly good guy if you prove to him you belong to be there. He's got a good heart and is a sharp guy. Admin and HR/etc. are literally the best people at this firm.

Cons

Simply put, the firm is doing it's best to stay relevant and pivot within a pretty challenging industry. LBR has limited resources versus other firms in the same city and on the street so, as you can imagine, that sort of puts a cap on the trajectory of the firm. Management expectations are pretty pie-in-the-sky. Constant flux: people coming and going from the firm at all times. . A bit stuffy and archaic at times. Bonus and compensation situation starts to get a bit intense and shark tanky. As with all places and spaces of life, there exists a very small influential inner-circle in the firm, which can get sort of political.

1
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