Siebert Financial Corp..
SIEB.US | Security and commodity contracts brokerage
Siebert Financial Corp. is a holding company that operates through its subsidiaries, providing a range of financial services. Its primary business involves offering retail brokerage and investment advisory services to individual investors. This includes securities brokerage, investment banking, and ...Show More
Better Health for All
0
No evidence available to assess Siebert Financial Corp. on Better Health for All.
Fair Money & Economic Opportunity
-40
Siebert Financial Corp. offers financial literacy talks and programs through its Siebert.Valor initiative, which targets Active Duty Military, Veterans, Law Enforcement, and First Responders.
1
These talks were conducted during Fleet Week Miami in May 2024, including on the USS Bataan and at the Beach Olympics.
2
Additionally, the company partnered with The Finest Federal Credit Union to provide financial literacy support for 1000 new NYPD recruits.
3
However, there is no information on the overall reach or measured outcomes of these programs beyond these specific events and partnerships.
Fair Pay & Worker Respect
0
Employee reviews on Glassdoor indicate an overall employee rating of 3.7 out of 5 stars (74%).
1
While 52% of employees would recommend working there to a friend and 57% approve of the CEO, compensation and benefits received a lower rating of 2.8 out of 5 stars.
2
Other aspects like work-life balance, culture and values, and career opportunities also received ratings below 3.5 out of 5 stars.
3
Fair Trade & Ethical Sourcing
0
No evidence available to assess Siebert Financial Corp. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
-60
Siebert Financial Corp. has a code of business conduct and ethics that includes a whistleblower policy, stating confidentiality and protection from retaliation.
1
The code also explicitly addresses conflicts of interest, prohibits covering up mistakes, and emphasizes compliance with laws.
2
However, there is no evidence of specific details regarding the policy's enforcement, training frequency, or effectiveness metrics for either the whistleblower or anti-corruption policies. In 2017, material weaknesses in internal control over financial reporting were identified, and disclosure controls and procedures were deemed ineffective.
3
Additionally, the company had one financial restatement in 2017 due to a material weakness in internal control over financial reporting.
Kind to Animals
0
No evidence available to assess Siebert Financial Corp. on Kind to Animals.
No War, No Weapons
0
No evidence available to assess Siebert Financial Corp. on No War, No Weapons.
Planet-Friendly Business
-20
Siebert Williams Shank (SWS), a subsidiary, has set a carbon neutrality target year of 2030.
1
However, no interim targets or a clear roadmap are specified. SWS also mitigated 1,189 metric tons of carbon through an offset partnership with Green Places and Trees New York, which has planted 6,000 trees over ten years.
2
No regulatory actions, violations, fines, or compliance issues were mentioned for Siebert Financial Corp. or its subsidiaries.
3
The company's West Coast headquarters building holds LEED Gold and Energy Star certifications, while its East Coast headquarters has LEED Silver certification.
4
For KPIs related to product lifecycle impact, material sourcing, and deforestation, the company's financial services business model means these are not applicable.
Respect for Cultures & Communities
0
The provided articles do not contain specific, quantifiable data points that directly map to the thresholds of any of the KPIs for 'Respect for Cultures & Communities'. While Article 0 mentions a 250 million USD targeted fund for middle market companies in underserved communities.
1
This is a fund amount, not a percentage of non-core revenue distributed to community development funds, and thus does not directly align with the 'community_fund_allocation' KPI's quantitative threshold. No other relevant data points are available for the remaining KPIs.
Safe & Smart Tech
0
No evidence available to assess Siebert Financial Corp. on Safe & Smart Tech.
Zero Waste & Sustainable Products
0
No evidence available to assess Siebert Financial Corp. on Zero Waste & Sustainable Products.