Financial advisor - Financial Advisor Prudential Employee Review

1.0
22 Jan 2018
Recommend
CEO approval
Business outlook

Pros

Lots of training on sales and leadership, access to the best products and carriers on the market

Cons

The hiring process is very misleading, recruiters don't outline all the risks associated with this career. Like I depleted all my savings completely, emptied all my credit cards and eventually stooped down to being completely broke and had to file for a bankruptcy after a year of working with Prudential, and this is not my personal issue because 9 out of 10 hires left the company within the first 3 months. And although Prudential keeps praising itself nonstop (they are very proud of their "ethical" culture and great team) but in fact it turns into a nightmare for non experienced advisors who struggle to survive. Actually they got sued for that approach in multiple class action lawsuits, which I've been a part of, so be prepared for blatant lie!!! Over the course of my employment I signed up almost all my friends and family members for their services and products (the same happened to the majority of my coworkers) and most likely these people'll remain the clients of the company because of the famous name of the brand Prudential. So it's a very smart business model when they don't really care about huge turn over and personnel retention because every new hire brings new piece of business to the company and Prudential doesn't invest much in their advisors compared to the stream of income they bring to the firm.

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Prudential Response
8y
As you know, a career in financial services can be very challenging yet also rewarding. We encourage all of our associates to share their challenges in order to address them. We are also interested in learning more about the concerns you shared. Please contact our Global Business Ethics & Integrity help line at 1-800-752-7024 or online at www.tnwinc.com/Prudential.

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5.0
11 June 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance okay and the comp is not bad

Cons

Little small org changes here and there all the time.

1.0
16 June 2026
Recommend
CEO approval
Business outlook

Pros

They take you to lunch on your first day. Hybrid 2 days in the office, but I'm sure that will increase. The benefits & pay.

Cons

No training at all. You learn by failed case work and what other coworkers tell you. They expect you to do case work you have never processed before. If you fail too many cases, they put it against you and say your quality is bad. Train normally and the quality wouldn't be bad. If you continue to do "bad", they will just put you on phone calls every day to help rude and mean old people. Upwards of 40+ calls daily. They also don't put everyone on phones even though they say being on phones is an essential part of the job. They pick and choose their favorites to do casework and put everyone else on phones daily. Managers are useless and just sit in meetings all day and don't offer help, training, or guidance. Managers also provide snobby remarks when asking for clarification or help and answer back as if you are the dumbest person in the room and act as if you should already know the answer.

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