Administrative Assistant/Receptionist (Former Employee) – Falls Church, VA – January 5, 2016
Management had several stores to work in between, and was really only around when they thought there was something wasn't going right. Coworkers were almost always fun to work with, but poor benefits, poor work/life balance, no part-time positions available.
Great culture and support at the branch level. Corporate culture is totally disconnected from the branch and its employees and often make decisions with only themselves considered. Insurance products are good, annuities are okay. This is a great place to get licensed work for a year or so and then move on.
Great opportunity to get into management
high expenses, marginal products, very poor corporate culture
If you are good at it you will do well, for most people avoid
Financial Advisor (Former Employee) – Bellingham, WA – October 22, 2018
This is a job that is commission only, I think that is awful I would recommend most people avoid it like the plague, the information provided sucked and it took forever to get paid anything but hey at least I didn't have to do much most days.
Financial Professional (Former Employee) – Florida – October 16, 2018
Managers don't give a fook about you. Only looking for increasing their own numbers. Little training, even smaller margins for getting payed. Expect you to do everything on your own with little involvement. Look elsewhere unless you have some strange reason not to.
Salesforce Intern (Former Employee) – Pittsburgh, PA – October 14, 2018
Worked with multiple licensed professionals on cases dealing with Life Insurance policies, stocks, bonds, mutual funds, and many other financial products. Eventually proposing these opportunities to potential clients.
Excellent Company - Cares about its employees and their success
FINANCIAL ADVISOR - Pre Employment Personnel (PEP) (Former Employee) – Stamford, CT – October 10, 2018
I left the company during the pre-employment phase as I became less interested in the position of Financial Adviser that I was hired for and studying to pass financial exams to actually be hired.
My experience there was great. The company is very interested in their employees succeeding and will go to all ends to support and make that happen. As far as the company goes, I was sorry to leave them for those reasons.
Financial Consultant (Current Employee) – Rochester, NY – October 2, 2018
As an Advisor you are always trying to find new clients and SELL prospects on whatever financial product you are pitching.
As time goes on you have to add in service for your existing clients on top of what you are already doing. This means a lot of long days that extend into evening hours. Oh and you split an assistant with about 20 other advisors so there is very little support for 3-5 year advisors.
Also you get paid either salary and 1/2 commission. or a decreasing over time commission plus bonus model. Bonus percentage goes down from 30% yr1 to 20% yr2 and 15% yr3. So you are working more and making at best the same.
Thiis is not a job for people who want to have a life outside of work. Work = Life and mnagement never lets you forget that.
flexible work hours as you can come and go as you please but will be shamed for going
Decreasing bonus, healthcare subsidy based on production
Lead Summer Intern (Former Employee) – New York, NY – September 25, 2018
Starting out you are working close to 50-60 hours/week. A lot of cold calling and your typical sales job. You can see people who work there are stressed and are working to keep a full schedule each day. Commission base salary so it is up to you to make your salary, nothing is guaranteed.
If you cannot make at least 40k a year in Production credits, you will fail at this career. one production credit as a rule is equal to 3% of the total dollars you bring into the firm. It can be higher for life insurance. Trails are not PCable, something they neglect to tell you.
All expenses for position as Financial Professional are paid by employee, and are very expensive.
Financial Professional (Current Employee) – High Point, NC – August 28, 2018
Great training programs, excellent team work, best practices for serving customers is excellent, products offered to customers is of excellent quality. The expenses that must be paid by employees in order to conduct business are very expensive.
Very knowledgable fellow employees.
Expenses required to be paid by employees are very expensive.