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      SMB Capital

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      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

      Ratings by demographic groups

      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
      1.0
      Aug 23, 2021

      Running a scam

      Equity trader
      Recommend
      CEO approval
      Business Outlook

      Pros

      I was a part of a trading class. I enjoyed knowing other traders.

      Cons

      There are no successful traders here. Last they produced a profitable trader was like 10 years ago. Your chances of being successful here are the same if you try to become a trader at home. There is no management. Try giving them a call, they will never respond. They act like they have a HR Dept, office manager, but you can’t get in touch with anyone. Cofounders are very hard to approach. You are basically on your own until you start making money. The biggest issue I Had with them was the lies they spread through their YouTube videos and job descriptions.

      avatar
      SMB Capital Response
      4y
      This is a fake review. This person was never a trader on our desk. Glassdoor has a policy of not doing due diligence and will not remove this stuff. We readily make both current traders and interns available to speak to applicants for our desk. --Steven Spencer Co-Founder
      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
      Jan 8, 2024

      a joke

      Equity trader
      Recommend
      CEO approval
      Business Outlook

      Pros

      they are lucky to have a couple decent traders

      Cons

      Management. I had a multitude of big problems starting day 1. Management promised me 1.5 Million starting out with room to the upside and then started me out at 250K. Coming from a place where I was managing 5-10 Million. Mike Bellafiore is a loser. He will remind you everyday about the books he writes though. And will sit on the desk calling out every break low/high that hits the tape. Something a first grader could do. They primarily hire guys right out of college who will never be profitable traders and have a educational arm they sell to rich guys that want to fail at giving trading a shot. For the low low cost of just $25,000 a week you can sit on their desk and learn VWAP!!! Are you excited yet? Save your time, spare yourself.

      Viewing 10 - 12 of 64 Reviews
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      ReviewsSMB Capital 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.