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Working at Tower Research Capital

Zippia score 4.9

Overview

JobsSalaryRevenue

Reviews

DemographicsCompetitorsCEO & Executives

Tower Research Capital overview

Industry
Investment Management
Revenue
$360M
Headquarters
New York, NY
Employees
1,000
Founded in
Website
Organization type
Private
CEO
Mark Gorton
Tower Research Capital LLC is a high-frequency trading and financial services fund started by Mark Gorton and John Martello in 1998. In addition to Tower, Mark has launched a diverse constellation of companies and green advocacy organizations including LimeWire and OpenPlans.
The staff at Tower Research Capital come from unusually diverse demographic backgrounds. The company is 32.3% female and 61.0% ethnic minorities. Tower Research Capital employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 58.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at Tower Research Capital seem to be happy. The company has great employee retention with staff members usually staying for 3.1 years.The average employee at Tower Research Capital makes $108,262 per year. Pay at Tower Research Capital is significantly lower than some of its highest paying competitors, like Two Sigma, WorldQuant, and Jane Street, which pay $134,360, $130,709, and $121,464, respectively.
A large finance company with 1,000 employees and an annual revenue of $360.0M, Tower Research Capital is headquartered in New York, NY.

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3.0/5

Tower Research Capital employee reviews

Based on 2 ratings

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31 positions
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Tower Research Capital employee reviews

Tower Research Capital employee reviews
3.0/5

Based on 2 ratings

Work at Tower Research Capital? Share your experience.
Employee reviews
profile
1.0
A zippia user wrote a review on Feb 2025
Pros of working at Tower Research Capital

You get to work with intelligent people who you can learn from

Cons of working at Tower Research Capital

- Management is horrible, same for culture -Favoritism since there is no structure, free for all in regards to how the company is managed -Shady in terms that they let people go in a heart beat

Tower Research Capital benefits

-PTO is generous -Lots of events

What do you like best about Tower Research Capital's CEO and the leadership team?

CEO does not even say hello in passing - same with other people you work with. No one is polite or shows signs of mannerisms.

How would you improve Tower Research Capital's culture?

Starting with the above, leadership needs to be more welcoming and approachable - too many people who have been at Tower act like they run the place.

How did you prepare for the Tower Research Capital interview?

Not much to prepare fore - Interview was a mixture of technical skills, personality questions, and background qualifications

How does your compensation at Tower Research Capital compare to the industry average?

Meets expectations - may be a little higher depending on the firm you compare to

What's the diversity at Tower Research Capital like?

Diverse for engineers and traders - not for operations such as HR and Finance at all. It seems as if they slowly got rid of their diversity over time.

What brings you the most joy at Tower Research Capital?

N/a

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The team at Tower Research Capital

  • The key people at Tower Research Capital is Mark Gorton.
Key people
Mark Gorton

Tower Research Capital rankings

Tower Research Capital is ranked #71 on the Best Finance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Tower Research Capital salaries

Average Tower Research Capital salary
$108,262
yearly
$52.05 hourly
Updated March 14, 2024

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Tower Research Capital diversity

9.6
Diversity score
We calculated Tower Research Capital’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Tower Research Capital’s workforce.
Tower Research Capital diversity summary. Zippia estimates Tower Research Capital's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Tower Research Capital's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Tower Research Capital's workforce.
  • Tower Research Capital has 1,000 employees.
  • 32% of Tower Research Capital employees are women, while 68% are men.
  • The most common ethnicity at Tower Research Capital is White (39%).
  • 32% of Tower Research Capital employees are Asian.
  • 15% of Tower Research Capital employees are Hispanic or Latino.
  • The average employee at Tower Research Capital makes $108,262 per year.
  • Tower Research Capital employees are most likely to be members of the democratic party.
  • Employees at Tower Research Capital stay with the company for 3.1 years on average.

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Tower Research Capital financial performance

9.8
Performance score

Highest paying Tower Research Capital competitors

Compare Tower Research Capital salaries to competitors, including Two Sigma, WorldQuant, and Jane Street. Employees at Two Sigma earn the highest average yearly salary of $134,360. The salaries at WorldQuant average $130,709 per year, and the salaries at Jane Street come in at $121,464 per year.
RankCompanyAverage salaryJobs
1$134,3600
2$130,7090
3$121,4640
4$113,1390
5$110,4360
6$102,3830
7$90,4360
8$80,0590
9$79,4590
10$76,0520
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Tower Research Capital, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Tower Research Capital. The employee data is based on information from people who have self-reported their past or current employments at Tower Research Capital. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Tower Research Capital. The data presented on this page does not represent the view of Tower Research Capital and its employees or that of Zippia.

    Tower Research Capital may also be known as or be related to Tower Research Capital, Tower Research Capital LLC and Tower Research Capital, LLC.