Tough but has potential - Financial Service Professional Hoopis Group Employee Review

3.0
17 Aug 2022
Recommend
CEO approval
Business outlook

Pros

Lots of the internal team meetings, collaborative

Cons

Very heavy amount of prospecting, using your own family and friends

Explore other reviews about Hoopis Group

5.0
1 Aug 2022
Recommend
CEO approval
Business outlook

Pros

People are great. Very flexible schedule.

Cons

Tough to get started in the Industry.

4.0
29 Nov 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You are able to broker out and use other companies. They cover your upfront company expenses in the first year. You build your own residual income the longer you are there and they truly focus on what is in the best interest of the clients. You are essentially your own boss. You will gain a TON of experience and knowledge over years of being there. Income potential is unlimited but it is very hard work. Don't think for a second you can just come into a wealth management firm and expect to make a ton of money if you do not do what they tell you to. Staff is fantastic and always willing to help get what you need when it comes to education requirements, on going training, licensing, etc. Company events are always a lot of fun. Endless training topics that you can educate yourself on at your own leisure. Requires you to get your Series licenses. Many experienced advisors to learn from. Great benefits.

Cons

No base salary. Too many unclear and constant changes all at once without always being properly informed. Understanding pay structure and your company expenses is very confusing and unclear at times. A lot of required meetings that become redundant.

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