Vault’s Verdict

Loop Capital, well known for its strong commitment to diversity, offers valuable internships to students. Interns have access to senior bankers, get a lot of responsibility, and are able make meaningful contributions to the team. Meanwhile, Loop’s full-time professionals get a lot of hands-on experience as they work alongside senior bankers. There are also many mentorship opportunities for junior bankers.

The firm’s culture is supportive and family-oriented, and a healthy work/life balance can be achieved. Insiders say that everyone works toward shared goals and the firm values results. As for compensation, salaries and bonuses are very competitive, and benefits are generous, though some insiders wish there were more remote work opportunities and the 401(k) offering were better.

Diversity, equity, and inclusion is a strong suit at Loop. The firm, the largest minority-owned investment bank in the U.S., is highly diverse and open and accommodating to people of all walks of life. Loop practices what it preaches when it comes to diversity, as evidence by the fact that it recruits talent from a wide variety of schools. With respect to its business outlook, Loop has an excellent leadership team in place and is well positioned to continue to grow and succeed.

EMPLOYEE REVIEW

Intern Experience

“Best aspect of my internship was getting the ability to provide meaningful contributions to our team. Another positive was that since Loop is a smaller firm, I had easy access to decision makers, which was huge!”

“The best part was what I learned about fixed income.”

“Best part was getting the return offer! Worst was my boss worked remotely, so I could not be in the office with him.”

“The best parts were the workshops and opportunities to engage with other professionals. On the downside, it wasn't always well organized.”

Career Development

“Exciting fast-growing firm that consistently adds new opportunities and explores areas where it can innovate while making a social/community impact. Great environment for younger folks to grow, where voices on ideas are heard and executives work in close proximity with professionals at all levels. Perhaps there could be more opportunities to work abroad, which would be exciting as well.”

“Career development at the firm is improving now that we have a dedicated team member responsible for making sure there are opportunities for growth.”

“There is plenty of work, so it is easy to get hands-on experience. There are also plenty of mentors at the firm whom you can learn a great deal from. We do get very busy, so you have to learn very quickly and apply what you learned fast.”

“There should be more encouragement to attend seminars, conferences, etc. Lots of webinars I’ve attended are at no cost or done outside of normal work hours. More emphasis should also be placed on networking with peers outside of the office.”

Quality of Life

“Everyone is responsible and mindful of work/life balance. We operate as a small team with many roles, so it can be difficult to fully disconnect at times.”

“Excellent culture that supports individuals, and everyone works toward shared goals. It is a serious environment that values results; this is a positive but may be an adjustment for some.”

“Great work/life balance. Very family-oriented. Flexible team culture. No micromanagement (or very little) if you are performing. Would prefer more work from home options, though.”

“Quality of work life balance is very good. Working in buyside research you don't have the tight deadlines of sell-side research teams. However, earnings season is still very busy.”

Salary and Benefits

“Salary and bonus are very competitive, if not well above average. It would be nice to have a more casual dress policy including jeans and more flexible hours.”

“Overall compensation is very competitive, but the 401(k) match is less than at my prior employer.”

“You get compensated rather well for your experience and the hours you work (I only have had to work more than 40 hours a week during earning season).”

“Good base salary. Definitely wish there was more flexibility in hybrid work, especially around holidays and summer.”

Wellness Efforts

“The health plan includes exercise programs and nutrition programs, but we don't get any discounts on gym memberships.”

“EAP, healthy snacks, and fitness center in the office.”

“If it exists, it doesn’t find its way to branches other than via emails.”

“Loop certainly supports employees, but the resources are pretty average, and you need to go out and get them—they are not really thrown in your face.”

Diversity and ESG Initiatives

“Diversity is at the heart of our company culture. Our office is highly diverse in terms of persons from diverse backgrounds and women.”

“Loop is very conscious of the company’s employee make up in terms of DEI, and is open and accommodating to people of all walks of life.”

“The firm does really well regarding DEI efforts. Loop Capital is the largest minority owned investment bank in the U.S. They practice what they preach and recruit talent from a decent amount of non-target schools.”

“The most diverse firm I have ever known.”

Business Outlook

“Mr. Reynolds, our CEO, is a true example of leadership—he walks the talk.”

“We have great leadership and drive. The market is competitive, and there will be a lot of growth ahead, which has to be fought for and won.”

“Excellent leadership, growth mindset, contagious enthusiasm.”

“For a firm that is not that old in the grand scheme of things, Loop has come a very long way and has plans to go even further. The sky is the limit here.”