Spinnaker Capital Reviews

Almost zero work/life balance - Have to request time off to leave even 15min early for haircuts or appointments. Must be in the office in a suit and tie everyday. Toxic workplace - every now and then you will strike up a conversation with a coworker on what they do for fun, but other than that you can expect that no one in a position of power will care to ask about you. This starts at the very top and trickles down, creating a very sad environment where employees feel replaceable - almost like a robot that is coming in to punch some numbers for the firm and then leave. There's no sense of pride or camaraderie in working at Spinnaker. It's very clear from day 1 that when you sign your contact you are agreeing to essentially make money for the firm without ever speaking up or being treated like a real human. Very robotic Bad pay/benefits - my advice would be to please try and do some due diligence on the job market and overall job industry prior to accepting a role at Spinnaker. Make sure the pay being offered is competitive, because it wasn't even close to competitive when I worked here. The same thing goes for benefits. This may be a result of the firm being so small, but the benefits are next to nothing. Please do your due diligence and ask a lot of questions. Outdated technology - there are very few positives to the technology spinnaker provides you with. I will say, it is nice having access to PitchBook and other market tools. However, outside of this you will spend most of your days fidgeting with outdated technology and watching systems load instead of doing any productive work. This creates a bottleneck effect and slows productively across teams, creating stress and anxiety. Speak when spoken to rule - you are unable to make suggestions or speak to higher level management. They way they do it is the right way, and you must adhere to such. You will also rarely get a good job, or great work. Weekend hours - I will say spinnaker is upfront and transparent about having to work some weekends during "busy" season. This typically entailed 4-5 hours on Saturdays. The reason this is a con is because it seemed wildly unnecessary, and you were not allowed to do it from home. I understand having to get some stuff done a few hours while home on a Saturday or Sunday so that your upcoming week runs smoothly, but having to go into the office for 5 hours was meaningless. The work that was getting done could have easily gotten done the following Monday. This is an instance where I think Spinnaker is stuck in their old ways and refuses to adapt (similar to their technology). Tons of turnover - spinnaker is a revolving door of employees. Make sure you're okay with this prior to committing to work here.

-Toxic environment starts from the top and works its way to management. They make it clear early that you need to work excessively, but you are easily replaceable. -You can hear upper management screaming and cursing at employees on a daily basis. You will be safe from this as long as you speak when spoken too, and even then you might be asked to stop talking. -Management is full of control freaks and large egos that will micromanage your every move. None of your work will be your own and they are so conceited no suggestions of improvement will be considered. -The pay is substantially below market and benefits are poor. You'll have to fight for vacation time and be ready for it to be rejected. You'll be required to work some Saturdays even though there is not enough work to warrant it. -The work itself can be interesting but most of your time is spent waiting for old systems to load, or repeatedly editing insignificant details of a report that will be glossed over by management. -There are a few people that care about you but overwhelmingly most people are antisocial and look dead inside. Management will know nothing about you as a person and frankly don't care to ask, which only supports that you are only valuable as long as you being productive for the firm.