Waddell & Reed Employee Reviews

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5.0
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always enjoyed working here
assistant to the District Manager (Former Employee) –  Torrance, CADecember 4, 2018
this placed provided a professional and structured environment which helped the people within the company to thrive. the pay here was fair and the parking was never an issue.
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4.0
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A client centered company that is under recognized.
Sales representative and manager (Former Employee) –  Coeur d'Alene, IDNovember 9, 2018
The company offers quality services and products. The client focus has remained a primary principle with the company. Representatives are well trained and knowledgable.
Pros
Opportunity for very good income
Cons
Difficult to get started on strait commission.
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4.0
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Commission work
Registered Account Representative (Former Employee) –  Missoula, MTNovember 2, 2018
Strictly commission; no base pay. Must be comfortable makinf dozens of cold calls each day. Job is advertised as a investment representative job, but is really a sales job.
Pros
Good products and commissions
Cons
Your income can fluctuate wildly.
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4.0
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Valuable
Administrative Assistant/Office Manager (Former Employee) –  Middleton, WIOctober 25, 2018
My experience working at Waddell and Reed was valuable. Many take away both personally and professionally. Lots to learn about financial health and stability.
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3.0
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Not beginning advisors
Financial Advisor (Former Employee) –  Tulsa, OKOctober 19, 2018
Waddell & Reed is a great company with great tools, just not a pay structure for beginning advisors. 100% commission, no salary or draw. Pay for your own benefits
Pros
Freedom to work hours you want
Cons
No salary
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3.0
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Waddell & Reed
Financial Advisor (Current Employee) –  Greater Grand Rapids, MISeptember 29, 2018
Waddell & Reed had an excellent career on-boarding program but last year there was major structure change that has forced newer advisors out the door.
Pros
Schedule Flexibility, Entrepreneurship
Cons
No Capital to start, undesirable goals, not for new advisors
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4.0
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A diverse envornment moving from waterfall to SCRUM methods.
IT Manager (Former Employee) –  Shawnee Mission, KSAugust 28, 2018
I hired on to Lead programming teams. Began with two development teams and finished with multiple programming teams and QA teams. Managed off shore teams onsite and off site. Obtained experience with process of moving 440 applications off the mainframe to distributed. Supported movement to Software as a Service (SaaS).
Pros
solid company
Cons
Constant overtime, lack of good processes
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5.0
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Working as a janitor meant I cleaned the office during non-office hours on the weekend.
Janitor (Former Employee) –  Pullman, WAAugust 23, 2018
Waddell & Reed was a great place to work as a janitor for a first job to have just a bit of extra spending money in high school. I was able to have a flexible weekend schedule and my boss was very kind and generous.
Pros
flexible schedule
Cons
few hours
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4.0
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Good place to work
Assoc . Database Administrator (Former Employee) –  Shawnee Mission, KSAugust 15, 2018
Good place to work

Good benefits

Employees are helpful and great to work with

I would recommend this place to a friend

Great location to work, very flexible.
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5.0
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nice,easy, stress-free
ASSISTANT (Former Employee) –  Germantown, TNAugust 12, 2018
I was paid great.
The job wasn't hard.
I was only working for the summer and really enjoyed the workplace and environment.
I've never had a problem with anything over there.
The employers were friendly.
Pros
good pay, no stress
Cons
same continous thing
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1.0
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Out of control
Financial Advisor (Former Employee) –  WisconsinAugust 1, 2018
The massive changes over the last three years have destroyed the advisor network. Over half of the advisors have left with their books of business in the last 18 months. The good people are trapped supporting a vision they do not believe in. Toxic at all management levels. Very sad to see the demise of a once ethical and honest firm.
Pros
Investment platform
Cons
Leadership, constant masive changes
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4.0
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Waddell & Reed, A great place to be
Vice-President ,Director of Channel Marketing (Former Employee) –  Overland Park, KSJuly 25, 2018
If you notice, I did not put "work" in my title. That is because I loved being at Waddell & Reed. The people are world class and the benefits were wonderful.
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3.0
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What I learned
Financial Advisor (Former Employee) –  Greenville, SCJuly 10, 2018
Waddell & Reed was a great place to start, and to begin learning the characteristics that are required to become a successful Financial Advisor. The hardest part was the focus on proprietary products.
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5.0
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Good work Environment
Systems Consultant (Former Employee) –  Overland Park, KSJune 15, 2018
Most enjoyable - Working with business partners to achieve results.
The work culture is friendly and business casual. The work hours are flexible. I learned all phases of a project life cycle.
Pros
Work environment
Cons
None
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2.0
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It used to be good
Sales Associate (Current Employee) –  United StatesJune 10, 2018
This used to be a great place to work. All of the top leadership is gone now. They have been forced out. The National Sales Manager has never made a sale in her life and isn't even licensed.
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4.0
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Well intentioned company going through changes.
Senior Regional Sales Specialist (Current Employee) –  Overland Park, KSMay 30, 2018
There has been a lot of manager turnover at W&R as they move from an old business model to a more competivie structure. The benefits are fine and about par for the industry. The workplace is outdated, but that is expected given the outflows. The efforts to update the companies competitiveness will hopefully set them up for success moving forward.
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1.0
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Contractor
Systems Engineer (Former Employee) –  Mission, KSMay 29, 2018
Not a place I've ever go back to, mgmt was a mess, no direction, and un-realistic expectations. It's a cube farm with a lot of disgruntled people. Process and procedures were not clear, and no help getting things done. A lot of legacy apps with knowledge that left with previous employees.
Pros
Pay
Cons
Just a bad environment all around.
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3.0
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Used to be a great company
Specialist (Current Employee) –  Overland Park, KSMay 17, 2018
Loved this company when I started but so many changes that haven't created the company performance improvements promised. They're spending money on manager training (good), but not focusing on the day to day things managers need to know (employee relations, leave situations, etc.)
Pros
On-site cafeteria, tuition reimbursement
Cons
unclear guidance from leadership
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4.0
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Good Financial Company
Financial Advisor Assistant (Former Employee) –  Brookfield, WIMay 15, 2018
Offered good products, advisors were knowledgeable and helped customers achieve their goals. Long hours, but that is the financial industry. ........
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4.0
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good bd, but limited resources
Financial Advisor (Former Employee) –  Greenville, SCMay 15, 2018
this broker dealer is fairly easy to work with, but they lack in resources for an advisor, could be ideal for an advisor that is established and can afford to provide most of their own resources and tools
Pros
low fees to advisors
Cons
lack of resources
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Overall rating

3.6
Based on 251 reviews
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Ratings by category

3.7Work/Life Balance
3.3Compensation/Benefits
2.9Job Security/Advancement
3.3Management
3.4Culture

Ratings from women

2.8InHerSight Score

2.8Personal Development

2.8Career Opportunities

2.9Family Support

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