DC Advisory Reviews

3.5

76% would recommend to a friend

(106 total reviews)
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Richard Madden

92% approve of CEO

72% positive business outlook

DC Advisory has an employee rating of 3.5 out of 5 stars, based on 106 company reviews on Glassdoor which indicates that most employees have a good working experience there. The DC Advisory employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

106 reviews
1.0
8 Feb 2017

Possibly the worst place to work.

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The support staff are extremely friendly and helpful. That's it, nothing more to say really.

Cons

*Working with people with severe ego-complex - their world revolves around who can have a worse life (literally, they compare who had to give more weekends to the job) *Very hierarchy structure - do not fall for the brochure about the botique culture *Colleagues are made to feel bad if they leave for lunch/have any break - employees life literally revolves around staring at a screen *Culture is very dull with the highlight being Friday night drinks at a pub. Additionally, there are drinks on the first Thursday of every month (go here at your own risk, if you go then you are made to feel bad about it) *Be expected to be shouted at and then it being justified because they pay you well (pay is about 10% lower on base than other Bulge Bracket Banks and bonus is 50-60% lower (specially for junior staff)) *Even though training is provided, the entire actual training is on the job - this is completely dependent on your colleagues, who are all suffering from an ego complex *You are given laptops and blackberry - this means you literally have to work 24/7, any holidays are just "working from home"

1.0
19 Apr 2017

Move on

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

DC does try to train staff at all levels. There is potential to get good deal exposure if you are in the right team and with the right people. There is a generous pension scheme is in place.

Cons

A cliquey and stuffy working environment. A lot of homogeneity of the floor. For example, all MDs are of a similar profile and there is a serious lack of female bankers. Firm strategy is opaque, I doubt anyone junior knows what DC wants to be. How will the firm grow? How will this be achieved? Curiously, rank is very important and sense of self-importance is high among the mid-ranks up to Director when they should remember this is not a movie. Demoralisingly low pay relative to inferior mid-market firms, let alone bulge brackets. There is a model of the old boys disproportionately pocketing year after year. I hope the difference in pay is clear as the firm dupes people despite demanding brutal hours at times. Fairness is certainly not a tenet of the firm. The pathetic pay results in petty point-scoring, lack of teamwork and undermining of fellow colleagues to one up each other for the “appraisal” system. Shocking inefficiencies for a firm of this size. Despite the number of the teams and staff, there is no concerted effort to collate the vast amounts of information and knowledge. For example, sporadic information is still kept on Excel trackers and endless internal paper shuffling. Quite remarkably, there is not a reliable source of something as rudimentary as a record of all deals DC have done. The firm also refuses to pay for good information resources preventing quality analysis that is required to win business. This leads to DC generally being the wooden spoon to the likes of Rothschild. Currently the firm stays afloat thanks to less than a handful of bankers. The firm needs a complete overhaul because they will be outmuscled by the Americans and cheaper accountants.

1.0
27 Mar 2024
Recommend
CEO approval
Business outlook

Pros

Its Investment banking if you are desperate enough to get an offer here sure but the classes are so small per office its crazy

Cons

within the organization the amount of shortcomings that have only served to exacerbate its downward spiral. The company's purported commitment to fostering talent and providing opportunities for growth is non existent in the face of the impossible expectations placed upon analysts. Rather than cultivating an environment of mentorship and learning, the prevailing culture too often devolved into a breeding ground for drama and disrespect, leaving junior employees feeling undervalued and marginalized. as well as multiple harassment claims from female employees because of disgusting frat bro culture, before HR had to step in to save face. Instances of unwarranted termination without cause were distressingly common, further eroding trust and morale among the ranks. Instead of addressing underlying issues and providing support to struggling team members, leadership opted for a shortsighted approach that prioritized expediency over empathy, resulting in a revolving door of talent and a pervasive sense of instability. Moreover, the lack of accountability and transparency within the organization only served to exacerbate existing tensions, leaving employees feeling disillusioned and disposable. Rather than fostering a sense of camaraderie and shared purpose, DC Advisory's leadership seemed content to preside over a fractured and dysfunctional workplace environment, where dissent was silenced and constructive feedback fell on deaf ears. In the face of such systemic dysfunction, it is hardly surprising that the company finds itself mired in a state of perpetual decline. Unless drastic measures are taken to address these fundamental shortcomings and restore integrity to its operations, DC Advisory's fate as a cautionary tale of corporate incompetence seems all but assured.

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Glassdoor has 155 DC Advisory reviews submitted anonymously by DC Advisory employees. Read employee reviews and ratings on Glassdoor to decide if DC Advisory is right for you.