SMB Capital reviews

4.1

70% would recommend to a friend

(64 total reviews)

Michael Bellafiore & Steven Spencer

80% approve of CEO

80% positive business outlook

SMB Capital has an employee rating of 4.1 out of 5 stars, based on 64 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The SMB Capital employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

64 reviews
5.0
Aug 13, 2016
Recommend
CEO approval
Business Outlook

Pros

comprehensive training program. access to large amount of capital up to $30,000,000 for successful traders. generous splits of up to 68% with performance bonuses. access to proprietary firm technology for discretionary and automated trading.

Cons

after year one 100% performance based. no base salary after initial draw during first 12 month. no access to European equities or futures currently.

3.0
Mar 10, 2016

A decent place to learn

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The environment is mostly conducive to learning. I learned a lot about reading the tape and trader psychology here. They brought in professional psychologists to give talks to the traders and they had meetings almost every day to discuss opportunities and to analyze the day's successes/failures so that we could learn from each other as well.

Cons

The training is decent, but a little over-priced. I wish the training was free as my class was also required to submit a capital contribution. I shelled out $5k for the contribution, $5k for the training, still had a profit split, which I never met. Trading their strategy is frustrating in markets that do not show strong momentum.

1.0
Mar 2, 2016

Horrible treatment of employees

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None. Turnover is ridiculously high. Few people last for more than a few months, because they don't provide a salary

Cons

This is almost a scam. They claim to train you and then you split the profits, but their training is completely nonsensical. There's no accountability on the management in developing people and they just spend their time trying to maximum their own revenue by getting new people to sign up

Viewing 52 - 54 of 64 Reviews

Glassdoor has 88 SMB Capital reviews submitted anonymously by SMB Capital employees. Read employee reviews and ratings on Glassdoor to decide if SMB Capital is right for you.