Charles Stanley FAQ

All answers shown come directly from Charles Stanley Reviews and are not edited or altered.

13 English questions out of 13

7 January 2021

Does Charles Stanley have a pension plan?

Pros

Good pension plan, industry standard other benefits. Friendly relaxed culture.

Cons

Poor career progression, small number of investment manager roles available and no clear succession plan for trainee investment managers. No sales culture at all.

Advice to Management

Standardise career progression/roles and build a sales culture.

Good pension plan, industry standard other benefits.

7 January 2021

See answer

8 July 2019

How are the career development opportunities at Charles Stanley?

Pros

There are absolutely no pro's to working for Charles Stanley

Cons

If you are considering working for Charles Stanley, bare the following in mind: - The pay is way below the industry average - Non-senior staff are overworked - Staff are hired and fired rapidly, especially contractors - Lack of career progression opportunities - Lack of employee incentives - Bullying is very common practice, particularly from senior staff - Expectations from senior management are very unrealistic - Senior staff have minimal engagement with non-senior staff - The IT systems, compliance and processes are very dated - Senior HR Business management have a track record of not investigating grievances and terminating staff who are medically signed off I would avoid Charles Stanley and look on the market for more reputable wealth management firms.

Advice to Management

Advice was sent to management via the internal customer satisfaction survey, however I have no confidence that any major points will be taken into consideration.

Lack of career progression opportunities

8 July 2019

See 3 more answers

15 August 2020

How are senior leaders perceived at Charles Stanley?

Pros

Decent office location and coffee Brokers are were very friendly

Cons

Pay was terrible Lack of real leadership Continuously found mistakes even in annual reports where CFO was fired Investment banking arm fell apart after only a few months No growth opportunities Eccentric firm where most things dont really make sense

Advice to Management

Listen and don't fire people for being dogmatic .... thats what they are there for!

Lack of real leadership

15 August 2020

See answer

14 December 2018

How is management perceived at Charles Stanley?

Pros

-benefits -7 h +1h lunch break -some colleagues are fun and nice being around

Cons

-everyone complaining about pay grade -overtime, everyone is running from it as they do not get incentives for it, as salary is low and overtime is calculated based on that -management takes decisions without knowing anything about what is happening, at lower levels -huge disconnection between departments -investment managers have to be reminded by management to behave nice to other employees -yearly bonuses and raises around the 2% mark -company core values and mission statement were created just for face value (mission statement seemed more like a 3 year plan, actually referring to 2020) -noone cares about you, especially your line managers. Will leave you under the buss, hopefully not being the ones that threw you there.

Advice to Management

Start involving lower level employees and get their opinions on things concerning the company.

investment managers have to be reminded by management to behave nice to other employees

14 December 2018

See 7 more answers

20 October 2020

Are employees at Charles Stanley generally happy and/or satisfied?

Pros

Excellent environment to be in

Cons

none that i can think of

Excellent environment to be in

20 October 2020

See 3 more answers
  • 1
  • 2
  • 3

13 English questions out of 13