A Warning on Tobin & Co.
I saw this post on Glassdoor and can confirm this is 100% true. Do not be blinded by the positive reviews as Justine (the MD) forces her employees to write them.
-Terrible culture with toxic work envirnoment -Employees are “highly encouraged” (i.e. forced) to leave artificially positive reviews on websites like this to change the fact that the company is viewed as a joke in the business, as it should be... Anybody writing a negative review is considered like an enemy to eliminate and I know for a fact that the company keeps track of these people’s careers to try to get them fired from future employments, especially if they happen to still be in the area. Hence why I needed to hide my identity on glassdoor and why I cannot give more detailed info here. There is many former employees that could be writing this review so I am safe like this and I am quite sure they will not be able to figure out who I am. -The whole business model is to exploit the dream of young kids to become bankers and deceive them that the brand Tobin will help them breaking in somewhere else while in reality anybody looking at your CV and seeing Tobin will think you are worth nothing. Literally anything else in your Cv would be better, those that did succeed in getting meaningful jobs after working at Tobin did so because of their own merits and despite Tobin, not because of it. Stay away! P.S.= Apologies for possibly typos, I wrote this from my phone
was thinking of applying here and then read the Glassdoor. Whoever runs the account talks like Trump lol....can't believe they would write on GD about firing someone
Probably Justine herself. She sounds like someone who enjoys a good vendetta or two.
Have you read her twitter? She was calling out WSO a couple years ago for making bad comments about her company.
Tobin is a legendary part of WSO history. She directly responded to an old thread criticizing her and tried (unsuccessfully?) to dox a poster.
@Lance Johnson", I'm the one she tried doxing, but she failed miserably. Like, the guy who thought I was not only lived in a completely different part of the country, but worked for a bank that I never even interviewed at. Such a joke.
All one has to do is look at the pathetic list of tombstones to confirm its reputation
http://tobinandco.com/experience-selected-transactions/
The tombstones aren't even all the same size lol
Well we know her labor costs are low...
no one cares lol, anyone who decides to work for free is retarded to begin with anyways.
Inb4 Aunty Justine begins her rant
Damn! Wish I had seen this sooner. I just declined my Goldman Sachs 2020 IBD NYC internship offer for an offer with Tobin and Co.
how does tobin sf tech compare with other tech groups (Q/GS/MS Menlo)? Understand this office has a better culture than the Charlotte group.
Apparently their only associate Story Cowles is heavily connected to the Jeffrey Epstein case. Don't have enough points to post a link but he was mentioned as having visited Epstein in jail more than 130 times by CNBC. Was also a person of interest mentioned by the DailyMail as far back as 2011.
YO WHAT! I thought you were trolling but this is real. Tobin a front for some dark money?
https://www.cnbc.com/2019/07/12/jeffrey-epstein-met-in-jail-with-alan-d…
Just checked out her Twitter account - seems like a balanced and nice human being to me:
-Carpet was supposed to be replaced by @VUEclt in 1 day. Mgt assured us several times. Crew of only 2 people didn’t show up til noon. We came home to this + an unlocked empty apartment at 8:00 at night. The crew returned, then left us to clean up their mess #LuxuryLiving #disaster
-The top of shoulder seam busted out of my @JamesPerse boiled wool jacket. How does JP respond? Repair? Replacement? I have hardly worn the thing. Let’s see! (No wonder Sak kicked them out.
-Bought a bed from @Westin - my husband’s decision, not mine. It was delivered DAMAGED. We returned it through the local delivery company. We received NO PAPERWORK and now Westin Home is giving us a hard time about a refund. When they are dealing with a shady delivery company.
I can't see her photo but I'll bet anyone here 100 Euros that she has the "speak-to-the-manager"-haircut!
Crazy thought here, I interviewed for an internship at Tobin back in 2015 a month before graduation. Came to finance major late, regional state school, and had no experience, mediocre grades but good leadership on campus.
Instead I took a crappy credit analyst job making 42k a year because I didn't want to move back in with my parents. It's extremely hard to negotiate up to a decent pay grade from that, working for free could've been a better strategy. I'm sure I could've leveraged that internship to a better commercial banking gig that paid more and taught me actual underwriting skills. But I was dumb and didn't realize how narrow my responsibilities would be at that first job.
There's a difference in student who to tried to recruit IB for years and didn't make the cut vs students who simply weren't aware/didn't try. Something tells me most of the haters are in the former group.
That's $42K more than Tobin pays
I interned at Tobin out of college. I will agree that going to work unpaid right out of school seemed crazy to me, too. But coming from a non-target background with zero connections in the industry was enough for me to jump at any chance I got to get my foot in the door somewhere. Ultimately, the experience gave me the chance to land an analyst role at boutique in NYC that I never would have been considered for having not interned at Tobin. Other folks have gone to land roles at Goldman, Evercore, BAML LevFin, Deutsche (RIP), Citi, Jefferies, GCA, Houlihan, Citadel, among others.
Since most of you on here seem to have a lot of time on your hands, I'd recommend reaching out to some of these folks on LinkedIn personally and asking how their experiences were firsthand. See what they have to say.
Also, sorry about the lack of banana points. Whatever those are...
Ok thx will do Justine
"Other folks have gone to land roles at Goldman, Evercore, BAML LevFin, Deutsche (RIP), Citi, Jefferies, GCA, Houlihan, Citadel, among others."
Justine, don't forget Jeffrey Epstein's personal assistant. In my opinion, this is the most impressive exit from your team.
Well John, as someone who interned at Tobin perhaps I can shed some light on this...or maybe disregard all that I'm about to say so that you can peddle this false narrative, either way it's your choice. There's been a toxic culture nurtured on this site where people look down on experiences that aren't BBs or elite boutiques or MM banks. Banking is a big world and a competitive one; and not everyone has parents to hire them tutors, pay for their tuition and guarantee them top spots in finance jobs. Many have to work harder to achieve the "dream" and we are all starting at different places. The Tobin internship gives folks like myself a pathway to getting some good short-term experience which you can then leverage to bigger opportunities. That's a pretty sweet deal imo, even if others look down on it.
And this site keeps peddling this B.S. narrative about Justine being a she-devil. Nah, she just has high expectations on the work she wants the firm to produce and it can be too "demanding" for some. But honestly, what the fuck do you think your MD at the "top shops" are gonna expect from you. No one will hold your hand and walk you to success, that shit is earned. If you think the Tobin culture is "toxic" and "cruel", just give up already because life in finance is gonna beat you like a drum. Hope this helped and please stay COVID-free.
Justine, you haven’t closed a deal in 3 years. Not sure what you mean here..
Bigcoolguy sounds like the exact kind of name that Justine Tobin would use for a WSO burner account.
Nah, dude, I'm not Justine. Have a feeling you're in troll mode rn so I won't give you the satisfaction. This site has been turned into a cesspool of trolls. There are other forms of entertainment, which are healthier than this one. Seek them, then seek help. Don't forget to get vaccinated.
Hey, friend. I'm happy it worked out for you, but here is some piece of advice that I never really understood when I was in undergrad or even when I was starting out: the way you treat people below you really says a lot about you, and there is much more expected from those who have been given a lot. If you are the owner of an investment bank, making millions of dollars per year and you cannot even pay your own interns who are undoubtedly (indirectly) generating revenue, that really says something about you. If you make money off of someone's back, and you do not reimburse them, that's stealing, plain and simple, regardless if they knew this arrangement going in. A used car salesman selling you a $10,000 car for $40,000 at a 20% APR spread over 72 months is not doing anything illegal, but that does not change the ethics of the situation. Ethics matters. Ask Henry Kravis who once said, "If you don't have integrity, you have nothing. You can't buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing."
With how obsessively she posts on this forum, could Justine Tobin be the first to reach "The Addict" rank?
We need a Justine Tobin v. Rich Handler 1v1