Crooks, Bad management, shady CFO - Director of Operations Quad Capital Employee Review

1.0
Oct 25, 2018
Recommend
CEO approval
Business outlook

Pros

None, be lucky you didn't have to work here

Cons

The CFO spent all of his time on creating drama than doing the books and winged it when it came time. Fought with the COO who actually had a accounting degree (that's right CFO doesn't even have a CPA)

Explore other reviews about Quad Capital

5.0
Jun 22, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Flat organization. Entrepreneurial / High energy environment. Smart people and plenty of resources

Cons

None. Great place to find opportunity

1.0
Jul 30, 2013
Recommend
CEO approval
Business outlook

Pros

-Nice office. -That's about it. I think multi-strat hedge fund means, "mess of a trading firm". -Good chef? -Notice how none of these pros are related to the fund or work or management

Cons

-forced to churn positions sometimes at high fees that go to management. -management are clearly just out to line their own pockets... they aren't star traders or insightful market guys. Just guys looking to make themselves a dollar -no guidance or coherent strategy. No training. -not much info sharing among the few who make good money. Lots of position gambling. -the analysts there give good ideas, but then we can't really hold them for more than a day? It makes no sense. The analysts are probably there to give the illusion of a high quality firm. -terrible platform. Not meant for any kind of trading. Crashes often. -filled with ex traders from other firms -I sincerely think it's one of those old-school churn shops that allow you to run your strategy but charge you insanely high fees to do so. -racially and politically insensitive comments in the office. -Management lies about backing the company entirely with their own funds. They probably have investors i.e. the incentives at the firm are perverse and the management are not star traders. -The firm is essentially First New York but with higher fees and only the fired traders.

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