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Executive Financial Group

Is this your company?

Not a place I would work again - Financial Service Representative Executive Financial Group Employee Review

1.0
13 Dec 2010
Recommend
CEO approval
Business outlook

Pros

The job is fairly flexible and the other employees are nice.

Cons

Management never very direct with you. Was extremely misled when being recruited. Many things were promised to me that never happened. Do not go here out of college as I did. Recruits people out of college and promises them a lot. All management wants to do is have these new recruits have their family members meet with senior agents and push annuities and life insurance. These senior agents then take half the profit. No guidance of natural market gone. Only four or five agents survive because they get all the new people to work with. Avoid at all costs.

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Executive Financial Group Response
15y
I am concerned about this review as it directly reflects on me as the Director of Recruiting. I would never intentionally mislead anyone. I am honest and upfront about every aspect of this job. I always tell the the good and the not so good in every interview. I do not make promises about income or marketing. The fact of the matter is, in this position, you get what out of it what you put into it. It is a face that this is a very high turnover industry but our firm has less turnover than most. My biggest success and my biggest failures are college recruits. They are a double edge sword. Either they are amazing and successful or they flounder. I think you can tell what happened to this person. This position is very flexible and we don't babysit. We work. If you can't motivate yourself or if you need someone to micromanage you, this is not the job for you. We will give you the tools and the guidance you need and people at our firm are often very successful, but sometimes people don't make it. If you want to sit at a desk all day and crunch numbers then this is definitely not for you. In regards to the comment that "all management wants to do is have these new recruits have their family members meet with senior agents...." That is partly true. It is not ALL we want to do but when you first start you don't have any credibility in the insurance/investment world. That is a fact. Often if you talk to your family and friends they will give you a shot because they know your character and your potential. You definitely want to work with senior advisors because they have experience, the experience that a new rep doesn't have. So, we want you to start building your business while still giving sound professional advice. Some people make it without the help of their "warm market". It is a little harder on them at first. We really are just trying to make it easier for you to get started. The thing is, if someone is unhappy or feels "mislead' they should always tell someone instead of sneaking out. If this poster felt they were mislead by me then they should have contacted me and told me so instead of hiding anonymously behind a post. I can't change anything or fix anything if I am unaware of exactly what the problem is. In all fairness I think that these website forums are a great place for potential employees to get more detailed information on a company. The problem arises often though is that I don't get to tell you what 'caliber" of employee of the poster. It often could be a disgruntled employee. It could often be legit but you just have to take that into consideration. Paula pkolocotronis@efgmo.com

Explore other reviews about Executive Financial Group

5.0
10 Mar 2015
Recommend
CEO approval
Business outlook

Pros

I came here straight out of college about 5 years ago and have loved my time here. The atmosphere is not one of being overly micro-managed. You have to have a certain level of drive with any company to work in this industry. There is great education, especially for those new to the industry. You have the ability to work with successful mentors that have had great success in the industry. Everyone here puts the needs of their clients first. There's no ceiling to what you can make.

Cons

There's no floor to what you can make as well. Expect to put in some hard work and it will be greatly rewarding to you for two reasons. 1. You get to help people have better lives by educating and helping them with their finances 2. You get to make money while doing it.

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