Independent Capital Management, Inc.

Independent Capital Management, Inc. Employee Reviews in United States

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A Satisfactory Place to Work
Financial Services Specialist (Former Employee) –  Pasadena, CASeptember 29, 2015
• Cold-called high net worth individuals and offered financial services.
• Marketed the company’s services to prospective customers at convention centers.
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Help clients meet current and future financial goals
Senior District Manager (Current Employee) –  Las Vegas, NVApril 3, 2015
I most enjoyed working with clients. Every relationship is a challenge-. They all have assets and goals although they may not understand them My job is to spread out the available assets to best meet the goals and to make sure the client understands the plan.

The least liked part of the job is the need to continually seek new clients.

This was also the only position I have ever held in which I was expected to pay for the right to work. Lots of fees and licenses are required.
Pros
Flexible schedule, Good training, Highly Ethical
Cons
Commission only
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Excellent opportunity to grow a business and become independent
Financial Advisor (Current Employee) –  Torrance, CAMarch 4, 2015
ICM has an excellent business model based upon being independent. Being non-proprietary allows you to truly offer what is in the best interest of the client. In addition, the relationships you build with your clients are very rewarding. I have been with the company for 8 years now and have grown professionally and personally in ways you can not working for someone else. The Torrance office of ICM have excellent managers who have made my career go to the next level!
Pros
unlimited earning potential. highly developed business and personal skills. excellent culture.
Cons
you must have grit, determination and the mindset of an entrepreneur.
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not reliable
Financial Advisor (Former Employee) –  Beverly Hills, CAFebruary 17, 2015
don't get paid on time, expect too much extra work from you and don't even get paid for it, no salary, commission only, must work with warm market
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Building your own business!
Rep (Current Employee) –  TorranceFebruary 10, 2015
I have been with ICM for over 6 years now and it has been an exciting transition. Helping people with their financial concerns is quite rewarding. Another great aspect about working at ICM is the flexibility in hours. I actually can run an errand during the week instead of the weekend. Don't get me wrong, it takes hard work to become successful. As long as you do what the manager tells you, you have a very good chance to succeed.
Pros
helping people and flexibility
Cons
hard work
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Become a financial advisor here!
Financial Advisor (Current Employee) –  Irvine, CAJanuary 12, 2015
Independent Capital Management (ICM) is a great place to start your career as a financial advisor. The management team is extremely helpful and gives you all of the proper guidance in order to make you successful. Some of the great aspects about working here are: your schedule is completely flexible because you work on your own time. The compensation structure is generous and there are many incentives for production such as bonuses and company trips. ICM takes a team approach when analyzing cases which helps in creating comprehensive solutions for clients . ICM is an independent firm which means there is no proprietary agenda. This gives the advisors an ethical advantage because there is no conflict of interest with the clients. ICM is a full-service financial firm so advisors can help with any client's financial needs. There is opportunity to grow your career because the objective of management is to guide advisors into becoming a manager.
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Financial Advisor Position
Financial Advisor (Former Employee) –  Irvine, CAJanuary 9, 2015
Great place to start your career in finance. Compensation is great and its independent status ensures an ethical advantage.
Pros
excellent training program that equips you with the tools necessary to succeed in a sales job.
Cons
lots of calling and dedication of time.
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Rewarding work experience!
Financial Advisor (Current Employee) –  Irvine, CAJanuary 9, 2015
What I like most about ICM is that they offer you a career. Many people switch jobs a few times in their working career, but many employees have been here since they graduated college. I personally expect to be here long-term and continue to build my book of business.

Here at ICM, your success is directly correlated to the amount of work you put in. In that sense, you get to decide how successful you are. As you can imagine, there is a lot of growth potential and there is no limit to what you can be earning!

This is not your typical 9-5 job. Your hours are flexible so it's important to have self-motivation. On the bright side, you don't have to worry about conflicts in scheduling visits to the doctor or unexpected events that may come up.

There are weekly meetings run by the management team to keep you up to date with changes in the financial industry so you are constantly learning new things and building upon your wealth of knowledge!

Last but not least, AMAZING office environment. Everyone works extremely hard but are also very friendly and there to help you if you need it. There is a great sense of teamwork that drives everyone to excel individually.
Pros
great office environment, great pay, ongoing education, flexible hours
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Great learning experience and you can make money
Management Trainee (Current Employee) –  San Diego, CAJanuary 9, 2015
Some benefits of working with ICM is the ability to grow your business and grow within the company. The learning experience has been great. Many of the things I learn here I can take out into the real world and help others.
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Great work environment!
Financial Advisor (Current Employee) –  Irvine, CAJanuary 9, 2015
ICM has a great training program! The training is very hands on and they really prepare you to succeed in your career. They provide you with all the tools and knowledge you need to excel and help clients. There is a lot of growth potential in this company. The harder you work the faster you can get promoted and move up within the company. The company doesn't hire outside managers, so you can only get promoted from within. Overall the company is a great one to work with. I feel like I'm a valued employee. It's small so I can get one on one time with my manager if necessary and if I need help I know someone will be there to assist me.
Pros
rewarded based on your hard work
Cons
some outside travel may be necessary
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Great company to work for. I've always been treated with the upmost respect
Financial Adviser (Current Employee) –  Irvine, CAJanuary 9, 2015
I am able to do all of my responsibilities and duties in a friendly, supportive and ethical environment. There are many opportunities for advancement as well as high earning potential. I specially appreciate the continuous training and company sponsored regulatory courses. High image office. Convenient location. Free parking
Pros
best training i've seen in the industry
Cons
can't think of any. it's a wonderful company
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Independence is important
Financial Advisor (Current Employee) –  Irvine, CAJanuary 9, 2015
ICM has a great training and certification program that made it easy to get started. The management also has a vested interest in getting you up and running, which is important.

One of the main benefits is independence. This means that you're not tied to one company's products or investments. Also, it means that there is no vested interest in milling the company's products or in selling things that are not beneficial to the client.
Pros
flexible schedule, good training
Cons
straight commission can be difficult for new advisors
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Great place to grow in the Financial Industry
Financial Advisor (Current Employee) –  Irvine BranchJanuary 9, 2015
The work environment is great. Everyone works together and helps out when someone has a hard case that they are dealing with. The managers are there to help you grow in this industry and if you have any questions they are always willing to help.
Pros
it is a great place if you are have a strong motivation to grow within a company, if you are putting in the work it is easy to get promoted, they focus on promoting from within the company
Cons
you only get paid on how hard that you work, the harder you work the more money that you can make
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Great place to start your career
Financial Advisor (Current Employee) –  San Diego, CAJanuary 7, 2015
Good place to work, compensation is above industry, it is a good place to start your career, they are constantly training you and helping you improve. Coaching it is greatly implemented by managers and they encourage you to grow within the organization.
Pros
they encourage you to grow within the organization
Cons
management tends to micro manage
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Great company to start a career with
Advisor (Current Employee) –  San Diego, CAJanuary 5, 2015
Need the necessary licenses to work in this industry, however, they assist you with the entire process and training. ICM gives you the ability to create a sustainable business for the rest of your life, while helping others achieve financial goals they never would have reached without you.

You must be able to network yourself and meet people. This sometimes may result in going outside your comfort zone. Yet, working with clientele and cultivating that mutually beneficial relationship can be an extremely rewarding experience.
Pros
independence, educational value, personal growth
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Opportunity for unlimited success!
Supervisor (Current Employee) –  San Diego,CAJanuary 5, 2015
I've worked in this company for almost 5 years now and I'm not going to say its an easy industry. But, this company is one of the best to get into this industry.

You have continued support from your managers without having to share commissions (like a lot of other companies do).
The company promotes only from within. For me this is a big plus because you know that every manager has been through what you have been and you have the same opportunities to become a top executive in this company as they had.
They encourage you to keep improving by helping you take additional securities license exams and CFP (all reimbursed expenses).

Like I said, becoming a financial advisor is not easy. But working for a company like ICM will make it easier.
Pros
unlimited growth potential and financial success.
Cons
not a lot of people have heard about the company.
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Hard work Rewarded
Financial Advisor (Current Employee) –  Las Vegas, NVJanuary 2, 2015
As with any firm that provides financial services to clients with a commission only sales position, there will be many disappointed former employees. Their disappointment comes from their lack of production and their personal lack of understanding of the industry. For those of us that know how this industry works, Independent Capital Management provides a solid foundation for which you can build a successful Financial advisor practice. Your own personal hard work is what is required for you to see the payoff your seeking financially. ICM provides the groundwork and the relationships with life insurance vendors and investment products. ICM provides excellent ongoing training and mentoring is always available. The one thing the employee needs to bring is a will to work hard and the skills required to build up a client list.
Pros
ongoing training, industry connections, independence
Cons
commission only sales job that not everyone can handle
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All the tools and resources necessary to succeed.
Financial Advisor (Current Employee) –  San Diego, CAJanuary 2, 2015
Let me start off by saying that this job isn't for everybody. You have to be willing to work hard and long hours early on in your career. It is definitely a front-loaded industry and work ethic and charisma may be the two most important traits you require.

With that being said, it is a great environment and is fully dedicated to ensuring each employee's success. You will be comprehensively mentored and pushed to do well. It is definitely a nice feeling making money while simultaneously helping out people, especially your close friends and family.

Put in the effort and you will reap the rewards.
Pros
flexible work hours, own business, you get what you put in
Cons
lot of work, brutal mondays
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Management is terrible
Pilot Plant Operator (Former Employee) –  St Joseph MODecember 30, 2014
From the Senior Plant Operators to plant manager they are terrible leaders and do not know how to manage. Not worth it to work there
Cons
pilot operator will spend 12 hours nonstop
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Excellent place to begin a career in financial services
Financial Advisor (Current Employee) –  San Diego, CADecember 29, 2014
At ICM Financial, many hours are spent meeting with clients and servicing their accounts. Segments of the day are spent researching and collaborating with coworkers. The hardest part of the job is getting started. To succeed in this industry you need to make sacrifices and work hard to grow a clientele. Because we work on a referral basis it is essential that you ask your friends/family for other people that can benefit from sitting down with an advisor. The most enjoyable part of the job is the the essential need for people to speak with you. Many times people are guarded when speaking about financial matters but it is very important for them to do so.
Pros
support system, incentive structure
Cons
long hours, 401(k)
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Overall rating

4.4
Based on 32 reviews
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Ratings by category

Work/Life Balance
4.3
Compensation/Benefits
4.0
Job Security/Advancement
4.4
Management
4.4
Culture
4.4

Independent Capital Management, Inc. Reviews by Location