Livingstone Reviews

3.9

65% would recommend to a friend

(16 total reviews)

Stephen Miles

56% approve of CEO

63% positive business outlook

Livingstone has an employee rating of 3.9 out of 5 stars, based on 16 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Livingstone employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

16 reviews
1.0
29 Nov 2022
Recommend
CEO approval
Business outlook

Pros

Takes on literally any deal and perpetually under staffed so you will get to take on upper level work in addition to your own work

Cons

Two half days of training, mostly a swim or die mentality because they know they can just convince someone else to jump into the role. Pay at the bottom of salary range (the absolute bottom) so they get 3-9 months of cheap work out of someone before they burn out. If interested would ask about analyst to associate conversion and how many of the analysts complete a full two years. Reach out to former employees as well before you agree to an offer

2.0
7 July 2023
Recommend
CEO approval
Business outlook

Pros

Since they run lean (no VPs), you do have the ability to play up Learn a lot quickly due to lack of resources Good junior banker team culture, but they bond due to the cons below Alcohol in the office Cool location

Cons

-No culture to get team members out of the office or happy hours when working -95+ hour work weeks -No matching 401k and mandatory 401k deposit removed from your bonus -Bad benefits / insurance -Favor certain employees because they "are bros" -Do not have analyst and associates go through all the FINRA testing, which all other firms invest in their people to do so -Claim to make up the lower salary with bonus, but historically compared to middle market firms is not accurate -Paid associates and above bonus in Mar20, COVID hit, and then barely paid analyst in Jun20 and never made up for it. The bonus was for the previous year and a most companies accrue for it, but I guess they did not? What happens if something like that happens again - be careful. -Zero dollars spent on resources to help junior bankers do their jobs efficiently (industry subscriptions, offshore team, equipment to bind books for meetings, events to take you out of the office) -Horrible tone at the top - Partners are never in, but want you in the office everyday. Tone deaf. -Attempt to be a "volume shop" and have a number of deals die (HC is can be an outlier- The younger HC partner is actually great to work with) -High pitch count, low pitch win rate -Say a "Hybrid" model, but you are only allowed one day a week WFH and they track if you take additional -High junior turnover rate -No recent new partners and partners will fight each other over shared fees -2 Partners have left in the past year -7 days a week on call -Say international, but there is zero communication between other offices -If you work on a deal with the LA office, you will work both Chicago and LA hours, 9am CT - 3/4am CT

4.0
11 Oct 2024

Good

Recommend
CEO approval
Business outlook

Pros

Great to grow up professionally

Cons

Nothing at all. Would recommend it.

Viewing 1 - 3 of 16 Reviews

Glassdoor has 26 Livingstone reviews submitted anonymously by Livingstone employees. Read employee reviews and ratings on Glassdoor to decide if Livingstone is right for you.