AVOID AT ALL COST! Pyramid Scheme - Financial Advisor Northwestern Mutual Employee Review

1.0
13 Jan 2023
Recommend
CEO approval
Business outlook

Pros

Friendly environment, fun events though they don’t pay bills. Those are the only pros.

Cons

This business runs on hiring people constantly (they don’t care about lying or withholding information) they tell people it’s for a financial advisor and the truth is you’re just a life insurance agent, that’s it. They hire you, grabbing your warm market(friends, family, known easy sales) you last maybe a year barely making any money, that’s why they hire college students because they are usually depending on their parents and making barely anything seems great for them. People successful in this business are the ones that follow the pyramid. Get hired then set up your own team so they work for you and they bring you clients through joint work. Their business model is literally based on hiring people to grab their warm markets, they don’t care about anything else, they expect you to quit hence they hire 4-6 employees every month. They will ask you to harass your family and friends and they’ll brainwash you by telling you what you want to hear, they withhold the truth on how you get paid as well. Just a lot of bs. Don’t work here if you’re looking for a financial advisor role. Go to an actual financial planning firm.

Explore other reviews about Northwestern Mutual

5.0
22 June 2026
Recommend
CEO approval
Business outlook

Pros

Great team and community with opportunities to grow.

Cons

Work schedule can be tight calendar management is important.

5.0
17 June 2026
Recommend
CEO approval
Business outlook

Pros

This internship has allowed me to get real world experience from the very beginning. I've learned how to use LinkedIn Recruiter, make scheduling and screening phone calls, and gotten to shadow the Director of Recruitment during interviews. Compared to other internships that I applied for, Northwestern Mutual has allowed me to have far more exposure to what a real career in recruiting could look like. The office has a great energy and culture, and I am able to participate in fun team events, like going to the Cardinals baseball game. As for career growth, I really admire the emphasis that Northwestern Mutual places on growth and development. Through my time spent around this company, I've been personally and professionally challenged to grow. I've been given books to read, attended leadership meetings, and been given the opportunity to dive deep into my strengths. The management here has encouraged me to explore and shadow different roles to help me make an informed decision about what kind of careers I want to pursue after graduation. Overall, I can't recommend this company enough! They are truly focused on serving their clients well, and developing employees to reach their full potential.

Cons

None, I've had a great experience! This is an environment of growth, so it can require moments of being challenged and stretched to do things outside your comfort zone. I could see some people being uncomfortable with growth, so it's not the environment for everyone! But if you are willing to lean in, it will make such an impact on your life.

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