What's the company culture at Equity Trust Company?

Get new comments by email
You can cancel email alerts at anytime.
Comments (3)

Host

Every business has its own style. What is the office environment and culture like at Equity Trust Company?

Are people dressed in business casual, jeans and t-shirts, or full-on suits? Do folks get together for Friday happy hours and friendly get-togethers?

What is a typical day in the life of an employee at Equity Trust Company?

Reply - Report abuse

NEW GUY in Port Clinton, Ohio

59 months ago

The Training is good, and you get to add a new skill set to you resume. You get to learn a lot of different investment types besides the normal stocks, bonds and mutual funds. That's it.
Cons

Management is terrible. Things change daily in the sales department. It reminds most of us of a boiler room in a lot of ways. It's always SELL SELL SELL...CLOSE CLOSE CLOSE. Lots of Churn and Burn type of mentality and that applies to clients and sales representatives. In my time there I must have seen 15-20 reps come in and leave in the first 3 months.
Compensation is horrible they claim you can make $100K but really the only ones that make that is management. If you are in the financial services industry already please stay away it will only bring you back down.
There's absolutely no career path in the sales division you are pretty much stuck there with no advancement opportunities. Basically a dead end.
It does take quite a bit of will power to stay there that long. Most people stay there for the pay check because they don't have what it takes to go out on their own.
Advice to Senior Management

Please for goodness sake revamp the sales department. Make it worthwhile for people to come into the office. For once ion your life act professional and not like scumbags.
Get a real consultative sales process together and stop the boiler room antics. Last time I checked bolier rooms were gone in the 1980's. Learn how to become consultants. You are dealing with people's livelihood and their retirement money act like you give a crap about them instead of just another account. It's companies like you that give Financial Services a bad name.

- Was this comment helpful? Yes (7) / No Reply - Report abuse

Angered CST rep in Elyria, Ohio

42 months ago

I completely agree with you NEW GUY!! In CST its just as bad. There is NEVER anyone around to help. They say we help people but that's not true. We pretty much jerk people around. Management thinks that they help but they really don't, because no one is ever reachable unless you are a total butt kisser!! On top of that the pay SUCKS and the workplace is a mess. NONE of the work in CST is appreciated. Except for the occasional pizza for lunch....I'm tired of that place!!

- Was this comment helpful? Yes (4) / No Reply - Report abuse

» Sign in or create an account to comment on this topic.