My Personal Experience at FK & Co. - Financial Representative Foster Klima Employee Review

5.0
10 Nov 2015
Recommend
CEO approval
Business outlook

Pros

I started my career at Foster Klima & Co. as an intern during my last year at the Carlson School of Management in 2014. Towards the end of the internship I explored a handful of options with other financial firms, small and large. What differentiated FK & Co. from other firms was the supportive and well-seasoned professionals who were always willing to lend a helping hand and offer advice. I truly appreciated the community support from very experienced advisors (a majority of them 15+ years in the industry). Management, administration, and staff have all been instrumental in catering to my growth as a new professional. As I attend more and more Continuing Ed. courses and networking events, I am very pleased to hear all the positive feedback and reputation about FK & Co. from other financial professionals in the Minneapolis community.

Cons

As with a fair amount of financial firms, the compensation structure is a somewhat daunting. There's no base salary and it's either feast or famine. However, other companies that offer a base salary usually offers very low commission on the products and services side. So, there's definitely a trade-off. If you have the entrepreneurial spirit, drive, and love helping people, you'd be successful here.

Explore other reviews about Foster Klima

5.0
22 Oct 2020
Recommend
CEO approval
Business outlook

Pros

The people who have been working here are all amazing, they genuinely want to see you succeed. Every person I ever asked to help we with a task did everything in their power to help me learn and understand what I was having trouble with no questions asked. Most people here are some of the best at what they do. If you're seriously considering advising as a profession and want to work with business professionals and have a very professional workplace, this is where to work. Scott Wolfe is the man.

Cons

Nothing that isn't a con of being in the beginning stages of being an advisor anywhere else.

5.0
10 June 2014
Recommend
CEO approval
Business outlook

Pros

They have great training and support within the office. They have a long training program so I felt very educated and ready to make the career change. I had a business plan and I was excited about being an entrepreneur and starting my own business. My friends and family love me and the idea of working in a financial services field to help them. The know and like and trust me and of course I want to give them the best advise and the Mentors and partners support me and work with my client base. They have marketing support and specialists in the office as a resource to me and my clients. The compensation is the best plan that I have seen so far in the industry, and the renewals are very high.

Cons

It's running a business so its not a 9-5 job right off the bat. But I can go play golf with clients and have outdoor events during the day so that makes it fun and enjoyable. Some days I work longer then others, it's a serious business and my clients know that I have to put in the hours to give them the attention that they need and to grow my business.

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