Pros
It is an investment bank based in Newport Beach, right next to several really credible financial institutions. Everyone knows the name, despite having the lowest quality reputation across the industry.
Cons
If you are okay dealing with the vagaries of micro cap companies, as well as private companies that are strategically destined for failure, then this is a great place. The quality of its prospects are of the lowest common denominator. Roth will do any transaction for any company at any time. It's competitors know this, the companies know this, the regulators know this ( look at its record of fines for FINRA infractions- oops). More importantly, if you are looking for a place to start a career, or a place to extend a career - it is a dead end. Nearly every Roth deal is a dog. Nearly every buy side client knows, or has been burned by a Roth transaction. Universally, the street thinks of Roth as a bucket shop. Its research analysts have zero credibility, and are bankers puppets to support Roth deals. Additionally, it is a culture of fear, and employees come and go, forcing everyone to look over their shoulder. The bankers fund "ideas" that VC's wouldnt touch. How Senior management believe its clients to be credible is beyond imagination
