DC Advisory Reviews

Updated 16 Jun 2020

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3.7
76%
Recommend to a Friend
82%
Approve of CEO
DC Advisory Chief Executive Richard Madden
Richard Madden
10 Ratings
  1. "Conscientious place of work"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Analyst in London, England
    Recommends
    Positive Outlook

    I have been working at DC Advisory full-time for less than a year

    Pros

    - Care about staff and quality of life - Good pay

    Cons

    - Working hours can be tough

  2. "Good company"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Investment Banking Analyst in London, England

    I have been working at DC Advisory full-time for more than a year

    Pros

    Everyone works hard and good team

    Cons

    Can be long hours Usually

  3. Helpful (1)

    "Good company going in the right direction"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DC Advisory full-time for less than a year

    Pros

    Nice work environment to be in.

    Cons

    Working hours better but similar to investment banking

  4. "Great team"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DC Advisory full-time for less than a year

    Pros

    Fantastic atmosphere thanks to friendly, intelligent people who work here.

    Cons

    Work/life balance can be a challenge, however that is to be expected. Everyone works hard

  5. "Very good culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DC Advisory full-time for more than a year

    Pros

    People are nice and friendly, strong deal flow

    Cons

    Too little lunch choices around bank...

  6. "Excellent place to work and learn"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at DC Advisory full-time

    Pros

    Great deal experience and culture

    Cons

    None come to mind - great place all round

  7. "Associate"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in London, England
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at DC Advisory full-time for more than 3 years

    Pros

    - Close knit teams - Collegiate culture - Generally better work/life balance than competitors

    Cons

    - Experience is highly dependent on the personalities of your team and can vary greatly - Poor communication between different teams - Training could be better - HR is generally quite bad

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  8. Helpful (3)

    "Move on"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend

    I worked at DC Advisory full-time for more than a year

    Pros

    DC does try to train staff at all levels. There is potential to get good deal exposure if you are in the right team and with the right people. There is a generous pension scheme is in place.

    Cons

    A cliquey and stuffy working environment. A lot of homogeneity of the floor. For example, all MDs are of a similar profile and there is a serious lack of female bankers. Firm strategy is opaque, I doubt anyone junior knows what DC wants to be. How will the firm grow? How will this be achieved? Curiously, rank is very important and sense of self-importance is high among the mid-ranks up to Director when they should remember this is not a movie. Demoralisingly low pay relative to inferior mid-market firms, let alone bulge brackets. There is a model of the old boys disproportionately pocketing year after year. I hope the difference in pay is clear as the firm dupes people despite demanding brutal hours at times. Fairness is certainly not a tenet of the firm. The pathetic pay results in petty point-scoring, lack of teamwork and undermining of fellow colleagues to one up each other for the “appraisal” system. Shocking inefficiencies for a firm of this size. Despite the number of the teams and staff, there is no concerted effort to collate the vast amounts of information and knowledge. For example, sporadic information is still kept on Excel trackers and endless internal paper shuffling. Quite remarkably, there is not a reliable source of something as rudimentary as a record of all deals DC have done. The firm also refuses to pay for good information resources preventing quality analysis that is required to win business. This leads to DC generally being the wooden spoon to the likes of Rothschild. Currently the firm stays afloat thanks to less than a handful of bankers. The firm needs a complete overhaul because they will be outmuscled by the Americans and cheaper accountants.

  9. Helpful (8)

    "Possibly the worst place to work."

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at DC Advisory full-time for more than a year

    Pros

    The support staff are extremely friendly and helpful. That's it, nothing more to say really.

    Cons

    *Working with people with severe ego-complex - their world revolves around who can have a worse life (literally, they compare who had to give more weekends to the job) *Very hierarchy structure - do not fall for the brochure about the botique culture *Colleagues are made to feel bad if they leave for lunch/have any break - employees life literally revolves around staring at a screen *Culture is very dull with the highlight being Friday night drinks at a pub. Additionally, there are drinks on the first Thursday of every month (go here at your own risk, if you go then you are made to feel bad about it) *Be expected to be shouted at and then it being justified because they pay you well (pay is about 10% lower on base than other Bulge Bracket Banks and bonus is 50-60% lower (specially for junior staff)) *Even though training is provided, the entire actual training is on the job - this is completely dependent on your colleagues, who are all suffering from an ego complex *You are given laptops and blackberry - this means you literally have to work 24/7, any holidays are just "working from home"

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  10. Helpful (1)

    "Worked across many different teams and sectors on bringing in new deals and managing transactions"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at DC Advisory full-time for more than 5 years

    Pros

    High diversity of work and interaction with very senior managers across corporates, private equity, financial institutions and within the Daiwa network

    Cons

    Bonus focussed culture, with inefficient working practices

    Continue reading
Found 17 reviews