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Financial Foundation Group

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Great Opportunity - Anonymous employee Financial Foundation Group Employee Review

4.0
2 Aug 2012
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The sky is the limit as far as advancement in the company if you are willing to put in the work. Great learning atmosphere and the senior people in management are always willing to help you. Hard work literally pays off as well, because compensation is great!

Cons

New clients are not going to be thrown on your lap. You have to be willing to put in the work to see the results. If you are not a self driven person then you will not get much out of this career. However, once you prove yourself you do have access to house leads and existing accounts.

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Financial Foundation Group Response
7y
This is a review back from 2012 and the former employee is no longer current. This is a position where you have to have very personable skills and an ability to network. You don't necessarily need to poach friends and family as clients, though is usually where most people start out. Because this position is 100% commission there will always be high turnover; not just at this company but anywhere in the financial services industry in general. It really takes a solid 3-5 years to build a good book of business with decent clientele. FFG structure has changed since and we no longer recruit for financial advisors.

Explore other reviews about Financial Foundation Group

5.0
26 June 2023
Recommend
CEO approval
Business outlook

Pros

Really care about all their clients

Cons

Nothing comes to my mind

5.0
17 Oct 2012
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A great way to get into the Financial Services Industry and learn some of the most important life lessons about saving money and preparing for your and your family's future. The management staff is all very well informed and more than willing to go out of their way and help you with just about anything. If you do your part, the opportunity to grow with the company is amazing and you can earn your promotions and raises in a very short amount of time. Ultimately I see myself running a division of the company in a pretty short period of time.

Cons

Similar to college, it costs some money to get accredited. It costs a ton less obviously, but there is that initial cost ($489). However the company will bonus you $500 on your 1st promotion to try and help you offset that cost. Also, it is not a typical work schedule, so you have to be self motivated to schedule appointments, see clients, and get your work done. If you need micromanaging, this is not the position for you.

1
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Financial Foundation Group Response
7y
I want to be clear why there was a cost of $489 to initially start. This money is for the employees training/study materials and state exam for Life Insurance licensing. Because employees are essentially running their own business and gaining their own clients this is why they are responsible for the cost themselves; their earned paycheck is through commissions that are personally produced. This review is back from 2012. Now in 2019, the structure of the company has drastically changed. We are currently not hiring nor have we continued to recruit since 2013.
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