Honest and True FA - Financial Consultant Legacy FA Employee Review

5.0
25 Mar 2020
Recommend
CEO approval
Business outlook

Pros

I've been at the company for 2 years. I have thoroughly enjoyed my time here and I see a long term future here. I have many friends working with other FAs/Agencies, but the level of expertise is worlds apart. People at other firms are struggling alot in their first 3 years. Training here is extensive. You learn about property financing, investments, insurance and estate planning. Most insurance agents have no idea on property calculations and estate planning. Income has been great. I've earned between 5k to 8k consistently since I joined. The people who struggle barely even work, they work like 2 hours a day and expect to make money. Environment is great because advisors are guided very well, but those without any learning attitude struggle. Directors and Managers are always willing to teach you and help you with cases. The CEO is a completely down-to-earth and approachable person. He has helped me alot. I wouldn't be as successful as I am today without him. You will find that this FA does everything ethically. They always protect the client's interest first. No nonsense like advisors cheating clients. Most of the negative reviews are completely not true. But come to the company and see for yourself.

Cons

Alot of the advisors who left are ones that never really pushed themselves. They expected their managers and directors to give them everything, even pay for their personal bills and debts.

Explore other reviews about Legacy FA

1.0
9 Dec 2025
Recommend
CEO approval
Business outlook

Pros

No need to pay rental for office cubicle

Cons

Many claw back if you never read contract

1.0
27 Mar 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Flexibility as an advisor to pursue the types of clients you want.

Cons

In my opinion, these are the following: Compliance is a headache. Admin staff are poorly trained and often ask stupid questions. Management is stuck in the past and practices a churning turnover culture. They will fire you once you have exhausted your warm contacts. They will force certain products down advisors' throats and in turn expects it to be forced onto clients. When you are no longer able to generate revenue, you will be "forced" to go. Politics here is more colorful than a circus clown. CEO loves to use scare and intimidation tactics and doesn't know how to speak like a human being. Like Donald Trump says, this CEO lacked common sense. He would resort to screaming and raising his voice to get his way. Highly unprofessional human being. There is nothing much to learn besides selling. A waste of time company if you are looking for longevity. Like the late Warren Buffet says, rat poison squared. If you value your time and life and have a book of clients, you might want to consider somewhere else. This company is a one trick pony. Commission structure is also average.

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