Loop Capital Reviews

4.6

96% would recommend to a friend

(36 total reviews)

James Reynolds, Jr., CFA

97% approve of CEO

94% positive business outlook

Loop Capital has an employee rating of 4.6 out of 5 stars, based on 36 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Loop Capital employee rating is 24% above average for employers within the Finance industry (3.7 stars).

Reviews by job title

36 reviews
1.0
18 Apr 2019

Disgusting, dispicable, should be called Poop not Loop

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

OK Salary, but don't be fooled

Cons

Don’t come here. Every banker I’ve met say the same things, Reynold has no respect for bankers of any stripe. He began as a trader and doesn’t know anything about banking or leadership, that’s why the moral at Loop is so low and the turnover rate so high. The atmosphere is vitriolic and unhealthy - it's marked by toxic backbiting, personal vendetas and vicious feuds between cliques. When I told a fellow banker - who had rejected an offer from Loop - that I’d taken one they scoffed at me telling me it served me right for not listening to their warning, and in hindsight they were right. You will never be rewarded for good banking, good ideas, good performance, nothing, because Reynolds has no idea what these things are. And he is so underhanded and sleazy that despite wiretapping laws, he records all of his employees’ private conversations then uses them against them. This is what you get, hurt not reward from this lowlife imbecile. Don’t be fooled by hard luck stories, lots of people struggle with adversity and legitimately succeed, and I don’t mean by gaming the system like he did. I recall being on my way to a meeting with him and all he kept talking about was his suits, lending new meaning to the words “empty suit”, and when we got to the meaning he knew virtually nothing – what an idiot, what an embarrassment. He is disgusting, he’s stupid, he’s despicable, he doesn’t know a damn thing he’s doing and a better name for his company would be Poop Capital not Loop Capital.

2.0
29 Aug 2018

Stay Away

Recommend
CEO approval
Business outlook

Pros

Work/life balance is better here than at other banks

Cons

Everyone is out for themselves at Loop Capital. No one can be trusted, and people will happily throw you under the bus if there's even a chance they could benefit from it. Management has no leadership ability and does not appear to care about retaining employees. Vacation time is minimal, there is no 401k match and the insurance options are paltry, especially compared to other investment banks. It is not uncommon for senior bankers to throw temper tantrums, yell at junior bankers and administrative staff and do whatever they can to get their way, including lying. Even if you don't have anything to do, management enjoys seeing junior bankers working late. This is not a mission-driven firm; all actions are based on how much revenue that action can bring in.

3.0
28 Oct 2015

Rats jumping off of a sinking ship

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

- CEO's origin story is inspiring

Cons

- CEO's ego gets in his own way - CEO's mandates constantly change but employees are penalized for not reaching revenue targets when they weren't given adequate time - Sub-par middle management, entire teams leave but the management is not held accountable - when an employee does well, the manager, including the CEO moves in to take credit and take control of revenue - poor treatment of women employees, overworked and bullied, men take the majority of the credit - pay does not typically increase with title and responsibilities - nepotism runs rampant. Only the family will win - People have left this place in droves. 2 years ago the company reported 120 employees down to the 80s now

Viewing 1 - 3 of 36 Reviews

Glassdoor has 70 Loop Capital reviews submitted anonymously by Loop Capital employees. Read employee reviews and ratings on Glassdoor to decide if Loop Capital is right for you.