LaidLaw and Company

Hello Everyone,

Does anyone know anything about this boutique firm?? What is there reputation like?? What is their work culture like?? Any information as to where to inquire or search, as well as what you have heard would be great. I do no know anyone who has worked there, nor in this industry at all. Thank you all for your input.

Best Regards,
Artifact00

 

Well if I answer my own post do I earn more bananas......LOL!!! If anyone outthere can give me insight to my first post once again I would greatly appreciate it. Thanks.

Artifact00

 

Thanks for the reply.

I have searched the forums and they are on the boutique investment MM list for NYC. Also someone else asked a question regarding this firm in March. The repsonse to that gentlemans question was "Kudlow and Comapny" as a joke but nothing else.

I have viewed their website and it looks okay.

I also found as Cease and Desist order for them on the Connecticut Dept of Banking website that was recent I believe May 07 with some excessive fines. Also find that they formerly did business under the name Sands Brothers. I will keep searching....as my interview with them is this Monday. Once again I do thank you for the reply. Have a great weekend if you here anything else or no anyone who could help me please let them know about my post. Thanks.

 

Good Afternoon,

Anyone your insight would be great if you know about Laidlaw and Company on Park Avenue in NYC. Any information regarding them would be great. Also if anyone has any Vault Logins and Passwords that are valid that would be great because I believe there are six posts but a membership is required. Thanks.

Best regards, Artifact00

 
Best Response
artifact00:
Good Afternoon,

Anyone your insight would be great if you know about Laidlaw and Company on Park Avenue in NYC. Any information regarding them would be great. Also if anyone has any Vault Logins and Passwords that are valid that would be great because I believe there are six posts but a membership is required. Thanks.

Best regards, Artifact00

This is an online forum, you don't need to write a cover letter to fellow posters. Second off, isn't a Vault Membership like 5 bucks for a year? Just drop the money if you wanna know, at this point, it doesn't seem that anyone really knows much about it, and seeing as you can't find much info, I don't think we'd be able to either.

 

I did review their website. Vault is dirt cheap for the year, so you are right for busting my chops on that.

You are right I do not need to know more......No cover letter here either. Thanks for busting my chops I welcome and embrace the comments.

Artifact00

 

You are completely right in saying that. I did not get the vibe or presence I was looking for at all. WOW!! You hit it right on the money.

How did you know that?

 

I interviewed there once......I never looked back after I step foot out of the door. Joke only begins to describe it........LOL!!!

Thanks again for the heads up.

 

My classmate had a really bad experience there. He worked and left after a short period of time. Now he is at another bank generating multi million revenue per year. The company still has lots of politics going on and is in a real mass in terms of the leadership. Good talents were not and are still not appreciated. Extremely high turnover ratio across every single business segment. People joined and often quickly left for a better place cauze they do not see the hope. In many cases, it is the good people who are forced to leave and people still hanging there are paid poorly, weigh below the industry standard. It is hard to image that this company will grow to anywhere in any future under the current leadership.

 

I can tell you from a (former) client perspective...they are awful. They are very unprofessional. My personal investment experience includes a deal that turned out to be fraudulent and they take no responsibility for their lack of due diligence before selling it to me. And now they don't return simple calls asking for a status update...they don't care about anything but taking people's money.

 

Good to know. Any supporting evidence?

When a plumber from Hoboken tells you he has a good feeling about a reverse iron condor spread on the Japanese Yen, you really have no choice. If you don’t do it to him, somebody else surely will. -Eddie B.
 

Not sure how they're doing today, but about a year and a half ago they were having financial issues where they were cutting staff and put on a hiring freeze. I've got a good friend who really got screwed by them

 

They're really hitting the phones just now - four or five guys in my shipbrokerage been hit up by these boiler roomers

 
elan:
LL sucks ass. I interviewed there for an internship while I was still in college. They interviewer was completely unprofessional, barely asked me any questions and sent me on my way. The woman who was supposed to be interviewing me had walked out and left for the day while I was waiting (I know this because the receptionist said bye to her by first name, and she was pregnant). The douch bag who interviewed me said "Susie Q had to step out for a personal reason so she cant interview you, basically this is round 1 so are there any questions you want to ask me?" That was the substance of the interview. This was not a 'lets see how assertive you can be' interview, the guy was just a tool. His name was Adam or something. He said call back if i dont hear back from them in a week. When I called back and asked to speak to Susie Q, the gopher who answered the phone 'Hi, Susie Q's office, this is Adam'

A friend of mine did actually intern at Laidlaw though, and he never told anyone about it. I found out when he let it slip out by mistake when i was telling this story and he came clean and said he didnt do jack shit but answer phones and take messages the whole summer.

 

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