Mismanaged firm with lack of vision or strategy amongst the leadership team other than following the bulge bracket firms - Anonymous employee Piper Sandler Employee Review

2.0
28 Mar 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Stepping stone to other jobs within field.

Cons

Lack of communication is prevalent at all levels of this firm---from VP to MD to CEO---so the culture is still very much one of a boys' club.

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2.0
9 Apr 2026
Recommend
CEO approval
Business outlook

Pros

It's nearly impossible to get fired. After many years, the IT department has hired a diverse team. Coworkers were intelligent and ethical.

Cons

Unusual that, until after Covid, the IT department was about 95% Caucasian, but now the diversity seems to be due to the ability to lower salaries, and worsen work/life balance. Management will only promote yes-people, or hire from the outside. It's akin to working in IT in 1990s, there is little process or structure. Laptops weren't given to IT until after Covid (yes you read that right), and when they were handed out, they were the used laptops from revenue generating departments that had been upgraded. It was a very chaotic environment.

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