Waddell & Reed Employer Reviews

I have worked for the company for over seven years and love it. I work with great advisors each day, and for a great manager.
The company's benefits and pay are decent. They care about their employees.

Home office has very helpful departments to assist you including HR, Client Services, and Tech Support.

Absolute joy to work for this company. Couldn't have asked for a better, more supportive management team in Dione Young and Aimee Butler. Great company culture that rewards and encourages over-achievement and proper client care. The client always comes first, and can count on honest, helpful advice when it comes to investments, financial planning, and – more... insurance. – less

They will bring you in, ask you to sell their products to all your friends and family and then do the same with the next person just getting out of college with no other prospective jobs.

Make phone calls to clients and prospective clients and help them develop goals and achieve them through a financial planning process and education.

I spent my days in training, meetings and meeting with clients to review their needs.

If spending a ton of money and getting nothing in return is your thing, then this is the place for you. Monday "training" meetings were nothing more than a giant pep talk. Being there for two hours every Monday for about 5 months, they maybe spent 5% of the time actually training you on anything. The rest of the time was made up of talking about how – more... so and so got this huge account and now they are going to make 6 figures of pay. Training is terrible. Avoid this place. For it basically being your own "business," you have to follow their pretty pathetic scripts and you basically get yelled at if you change anything in them or don't come through with some sort of sale. Don't waste your time with this company, especially in Fort Collins, CO. – less

Thats a person discussion.

If you are ready to excel in the industry, is a great place to start.

The opportunities and support were over-sold, but was able to have some success by continuing to cultivate business through centers of influence and previous book of business. Management was very hands-off in their approach, but were helpful when advice was sought out.

Overall, my experience was something positive to build on. I learned to be more – more... independent and self-motivated. I enjoyed the challenge of solving tough financial problems and helping people build for a better future with a plan.

The most difficult aspect of the job was building a book of business in a new state from where I started in insurance. What I learned will be most helpful for my future in any related industry. – less

This would be a very nice place to work if i I didn't have to question the ethics of some of the financial advisors. Some put on a front, and act like they are upstanding people, but behind closed doors they are someone totally different. God Still Sees You!!!!!!!

Attend networking meetings to build relationships to become the go to financial advisor.
Analyzed and reviewed clients’ finances, then advised them in making informed decisions to achieve their financial goals.
Communicated complex information in simple, understandable terms
Managed existing accounts by consistently reviewing for compliance with all – more... policies, guidelines, rules, and regulations
Planned and implemented marketing strategies to acquire new clients
Established community leadership providing educational training and resource networking
Achievements: Increased division exposure to community. Celebrated business leader for involvement in community activities. Developed pro-bono budget counseling for senior citizens. – less

no learning curve
bring in money for the company or get fired
poor training

large company and poor management, they really have no concern or care about the staff.

Build your own business. Better compensation that most other firms if you can work hard.

The work I did was supplementary and only to assist with an update they were going through, but the office was very easy going and laid back. People were nice, but frustrations were visible and office politics seemed to have some play. I was only there for a short time so I wouldn't say I got a very accurate reflection of what it's like to work there – more... on an ongoing basis. – less

Great place to work, helps entry level people learn more about work field and gives everyone a chance

Cold calling and walk in personal contact.
Learned how to manage time and motivate people follow up on their goals. Hardest part was cold calling.
Most enjoyable was being able to help families plan for a better future.

Waddell & Reed is a satisfactory work environment. Although I work for an individual financial advisor so I can only really speak on her as an employer not the company as a whole.

Enjoyed working at Waddell & Reed
Fun Atmosphere
Enjoyed meeting clients needs.

Build a book of business,
Income increases,
!00% commision job,
Set own hours,
liberty to attend family functions,
Fun atmosphere ,
Individual offices,
Beautiful Office building downtown,
Meet fun, and exciting people,

Phones, data entry, paperwork

Management could swing from hands-off to micro-management pretty quickly.