Has FT Partners Really Changed?
I saw a string of reviews for FT Partners posted on Glassdoor- 4 reviews in the past 2 days. They all discuss how great FT partners is and that one of the best aspects of the firm is the culture-- Reviews.
I would like to believe these are all true, but I find it suspicious that 4 reviews were posted in 48 hour considering that past posts have mentioned that the firm is not above writing fake reviews. Has the firm really changed for the better or is this another example of poor culture?
yeah, I'd take any reviews you read about them online with a LAAAAAARGE grain of salt. They have a history (even their CEO) of coming onto online boards like WSO to argue with people talking about how toxic it is over there...
If you can land something else with similar dealflow, I wouldn't think twice of avoiding this place. Most of what you hear from Certified Users or veteran users on WSO is true...be suspicious of any new users making super positive posts defending them. Good luck!
My favorite review is the fourth one, "Intellectually challenging, extremely rewarding, and great place to work!" Do people still use exclamations like that? It actually threw me off a little. I'd honestly buy some of these if they weren't so excited/over the top. However, I did interview with them this year (SA) and they didn't seem bad at all. The people I talked to seem nice. Kinda salty I didn't get that offer do...
Look at how many people stayed for over 2 years at all levels... few.
Most importantly, if someone constantly keeps telling you how great something is, it's always the opposite.
Agreeing with above posters, especially on the point about an overemphasis on how great culture is. That said, the firm and their founder was just profiled by Bloomberg so reputation is definitely growing fast. Culture on the other hand is meh
I'll be honest with you here. I'm almost 100$ sure they quickly noticed once they got on Bloomberg, that a lot of people were checking out their website and all related social media so they quickly jumped at making all of these reviews on GD to mask the negative ones and drown them with all the positive ones at the top - also to increase their overall rating.
The firm has been doing well, sure. it always has been and will always continue to generate good deal flow but the problem is that the firm is too focused on the top-line rather than the bottom-line. This is hard for a boutique like theirs. The CEO strives to do the best he can along with all the senior members of the firm, but ultimately, this is a boutique and juniors understand this place doesn't have the same prestige, pay or exit opps that other shops do so they lateral or quit in order to pursue a job with more work life balance or any of the above. The firm has recently tried to work harder to make things more seamless and easier on juniors but ultimately, I think they'll realize that as much as they might try to make things better for them, people will still continue to leave as the firm won't be able to match everyone's expectations in terms of prestige, pay or exit opps.
Regardless, the firm is doing well and it's great that they got on Bloomberg. They work really hard and expect the same from their analysts. There is ultimately just a disconnect between seniors and juniors that will never really be resolved to until they actually sit down with each other and understand that juniors would like some sort of life and to do efficient work.
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