|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Jan 6th, 2021 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Investment Banking Junior Banker
|
United States
|
USA
|
Solid People - Constantly Changing Strategy
|
|
- Many of the senior bankers were genuinely nice and caring
- Workload was manageable; weren't forced to stay at the office if your work didn't require it
- Michael Butler is a genuinely nice guy
|
- The strategy seemed to constantly shift -- one day the firm would be all in on private capital or pursuing one marketing strategy, and the next all the eggs would be going into a different basket
- There was at least 4-5 MD's a year who would produce very little (<$1mm) to literally $0 in revenue; there were a few who did $0 for multiple years. Harsh to say, but the firm would be better off moving on from those who have shown they can't bring in consistent deal flow or get deals closed
- Significant amount of turnover in the junior banker ranks, many of whom were solid analysts, often resulting in a downgrade. This sometimes would lead to inefficiencies in workflow/product, and could be categorized as a not so great investment
|
-1.0
|
NEGATIVE
|
0.0
|
NEUTRAL
|
1.0
|
APPROVE
|
0.0
|
2.0
|
4.0
|
4.0
|
3.0
|
3.0
|
2.0
|
|
123102
|
Open
|
Keep maintaining and advancing the strong culture, and the increasing brand exposure. Stay committed to some of the strategies being pursued, as many I think can payoff and come to fruition with some patience. Lastly, and perhaps most importantly, think about the difficult decision of letting some of the non-revenue generating MD's go.
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
2.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Dec 16th, 2020 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
IB Analyst
|
United States
|
USA
|
Eh
|
|
Pay not too awful but upward growth very hard
|
many md's don't know what they are doing, go years without executing
|
|
|
|
|
|
|
1.0
|
2.0
|
3.0
|
2.0
|
2.0
|
3.0
|
3.0
|
|
123102
|
Open
|
A lot to fix, 0 culture
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
0.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Aug 20th, 2020 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Investment Banking Associate
|
Seattle, WA
|
|
Great place to work
|
|
Good Place to work for years
|
Great place to work for years
|
|
|
|
|
|
|
0.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
123102
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Jul 7th, 2020 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Vice President
|
Seattle, WA
|
|
Firm is moving to the next level,. The energy is palatable
|
|
Firm is very aggressive in building out its infrastructure and calling effort
|
Nothing right now that needs addressing
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
4.0
|
4.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
123102
|
Open
|
Keep doing what you are doing. Exciting times!
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
6.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Jul 3rd, 2020 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Investment Banking Analyst
|
Seattle, WA
|
|
Yikes
|
|
The day I left for a real bank
|
Analysts at Cascadia usually couldn’t make it to bigger banks so they treat each other poorly overcompensating for what they think the culture is in banking. Nothing was better than the day I left for a NY bank that actually pays well, treats it’s employees like people and fostered a positive culture.
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
0.0
|
NO_OPINION
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
123102
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
2.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Aug 17th, 2019 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Associare
|
United States
|
USA
|
Good work enviroment
|
|
I worked for as part time and the environment was very positive and friendly and left me with new skills and positive life qualities.
|
It was tough work and you have to work hard if you want to survive.
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
0.0
|
NO_OPINION
|
1.0
|
5.0
|
4.0
|
5.0
|
3.0
|
3.0
|
4.0
|
|
123102
|
Open
|
|
0.0
|
[]
|
PART_TIME
|
No
|
Yes
|
|
1.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Jun 5th, 2019 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Analyst
|
United States
|
USA
|
You will regret working here
|
|
You'll witness the seedy dealings of lower middle market investment banking first-hand.
|
Cascadia has an awful reputation around town among former employees and clients. They are known for shady dealings and taking advantage of family-owned businesses that lack market savvy.
If you're considering working here so that you can put "investment banker" on your resume, it's not worth it. Any respectable firm doesn't recognize Cascadia as a real player, so it's not going to win you any points down the road.
If you think you'll pick up an incredible toolkit of knowledge, you will be shocked at how little actual analysis is performed. Cascadia is a sales and marketing-focused brokerage firm searching for quick success fees, regardless if it's an optimal outcome for their clients. If you know how to simply apply a multiple to either revenue or EBITDA, that's all you need here.
Another word of warning: there are 2-3 VPs/Directors for every Analyst/Associate. As an Analyst or Associate, you'll get straddled with all the actual work and the top levels will be responsible for drumming up business with family run prospects. At the end of the year, don't plan on a big upside with your bonus--the top levels receive contractual commissions on each deal, and the lower levels receive hardly anything. You'll be promised better outcomes as you progress in the business. Don't believe this! To give you an idea of the pay discrepancy, my next role after Cascadia was $60K more than what I made there.
If you really want an investment banking gig, get out of Seattle.
|
-1.0
|
NEGATIVE
|
0.0
|
NEUTRAL
|
-1.0
|
DISAPPROVE
|
5.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
123102
|
Open
|
Short-term wins by taking advantage employees and your clients will catch up to you (and already has).
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
1.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Jun 4th, 2019 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Vice President
|
Seattle, WA
|
|
Exciting times
|
|
Cascadia has arrived! The company Is on fire and is a approaching significant revenue milestones that a few years ago would have seemed impossible. We are hiring really qualified people and are approaching 70 employees. Michael (CEO) and Ann (COO) are doing a really good job of implementing structure to manage the business but not damage the entrepreneurial spirit. Everybody is excited about where the Firm is headed.
|
There is so much new business was coming in that people can get stretched while the Firm is recruiting new people to hand the overflow
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
0.0
|
5.0
|
3.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
123102
|
Open
|
Keep doing what you have been doing. We are all excited about the direction of the Firm
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Feb 21st, 2019 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
|
Mexico
|
MEX
|
Below market pay
|
|
Can get some sort of junior experience when no one else will hire you
|
Poor pay (not at all comparable to Wall Street so abandon all hope)
Poor promotion opportunities
Senior bankers do not dig in and don’t have experience/quantitative skills to teach; more concerned about work life balance
|
-1.0
|
NEGATIVE
|
-1.0
|
NEGATIVE
|
-1.0
|
DISAPPROVE
|
0.0
|
1.0
|
4.0
|
1.0
|
1.0
|
1.0
|
1.0
|
|
123102
|
Open
|
|
0.0
|
[]
|
REGULAR
|
No
|
No
|
|
2.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|
|
private:cascadiacapital
|
https://www.glassdoor.com?employer_id=123102
|
Feb 3rd, 2019 12:00AM
|
Open
|
Open
|
Cascadia Capital
|
Associate
|
Seattle, WA
|
|
Good bonus year
|
|
Very good bonuses
Improving and high quality deals to.work on
Firm has great momentum
|
Everybody is super busy a s stress level can get high
|
1.0
|
POSITIVE
|
1.0
|
POSITIVE
|
1.0
|
APPROVE
|
1.0
|
5.0
|
4.0
|
5.0
|
5.0
|
5.0
|
5.0
|
|
123102
|
Open
|
Keep doing what you are doing
|
0.0
|
[]
|
REGULAR
|
No
|
Yes
|
|
4.0
|
|
|
|
Jan 13th, 2021 07:48PM
|
Jan 13th, 2021 07:48PM
|
Cascadia Capital
|
|
Financial Services
|