4.0
3 Feb 2011
Former employee
Minneapolis, MN
Recommend
CEO approval
Business outlook
Pros
Great place to work. Lots of new things to learn. Things change very quickly due to the nature of business. Whatever you did one week back might not be useful anymore for the management so you have to keep learning. Pay and bonuses are competitive with the market.
Cons
Not much support from the management for learning new things. You are on your own. Some of the products are very complex and you need someone to explain it to you. Some of the staff was probably born in Piper Jaffray and will die in Piper Jaffray as they don't have anyother place to go. So they are not very open to new ideas. 70% of the money goes to investment bankers in salaries and bonuses so not much is left for the other groups.