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Hantz Financial Services

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Hantz Financial Services Reviews

2.7

38% would recommend to a friend

(186 total reviews)

John Hantz

53% approve of CEO

44% positive business outlook

Hantz Financial Services has an employee rating of 2.7 out of 5 stars, based on 186 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Hantz Financial Services employee rating is 27% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

186 reviews
2.0
1 Oct 2019
Recommend
CEO approval
Business outlook

Pros

They were reasonable with accommodating my school schedule and we did get paid time off as an interns. I needed a job and it was better than working a restaurant or doing retail, it was nice to have more 'regular' hours. The people I worked with were awesome and hardworking (please note, this does NOT include the management!) and I know all of them will be really successful in life and at another company when they finally leave there!

Cons

I'm not quite sure where to begin, this is going to be a long one. Since leaving Hantz Group, I grown a huge appreciation for my new and current job. It is everything that Hantz Group was not. My new job pays me fairly for my responsibilities, Hantz Group paid bottom of the barrel wages which are not sustainable by any means. My new job has reasonable hours which maintain a healthy work-life balance, Hantz Group asks for it's employees to work insane and unnecessary hours AND Saturdays. This was absolutely ridiculous as most people just ended up sitting around anyways. My new management treats me as an adult and respects me, Hantz Group treated me like a child that needed to be watched over at every moment(i.e our supervisor and manager), like we couldn't handle ourselves. My new job offers great benefits like team socials and 401k, Hantz Group does not. My new job offers interesting and stimulating work, Hantz Group (at least the department that I was in) was monkey work that required little to no critical thinking. My new job offers is transparent about salaries and the levels and scheduling of promotions and new opportunities that are offered. Hantz Group does not, there were many people who had no idea how to advance and how long they would have to wait to do so. In summary, Hantz Group will be just a job for you. It offers little to any benefits and it is NOT a place that allows for true growth and mentorship.Again, I can only speak for my department, but I senior level people from other departments that we worked with cheering for me when I told them I was leaving (that says something!) Hantz Group is something that's there if you absolutely need a job. I would advise you to look elsewhere, there are so many better opportunities. John Hantz is a smart and successful businessman, no doubt, but if he doesn't change some of his practices to adjust to the new workforce, he'll never be able to maintain a solid ,ground up company to meet the changing world.

2.0
14 Aug 2023

A slow death…

Recommend
CEO approval
Business outlook

Pros

Great entry to the overall finance industry. Good for series licensing and insurance licensing. John Hantz is an interesting guy.

Cons

This company is quite literally a nightmare. Where do i start? Is it the constant drama and micromanaging in the back office? Or the bottom tier wages paid to employees? Hantz group will suck every bit of work they can out of you for as little pay as possible. There are no incentives to make more money for employees except some sob story about personal growth and to always “prepare for an opportunity” with no real direction career wise. The operations supervisors are the most out of touch and heartless managers perhaps in the entire industry. They do not care about their employees and do not offer any employee appreciation events, happy hours, morale boosters, group activities or anything other than processing the “biz”. You could go hang yourself in your office and it would probably take them two days to notice because everyone is so focused on their agenda. Unfortunately this environment is very very cult like and the turnover is like hunger games. They will work you until eventually you wake up from the brainwashing of “cathedral plans” and being forced to listen to the band every thursday which is really just a collection of advisors and svp’s from around the company. It’s a constant race if who can impress John Hantz the most in hopes that he will offer you a cigar and a conversation. Not a raise. There is an overall spirit of hopelessness that plagues all of the back office employees. They will reward certain individuals based off of nepotism and if you are not in the circle of trust people will plot and cause constant drama to further their careers. I started this job at 36k in 2020 and since have begged for raises to just get to a place where i could afford basic human needs. I’ve worked at multiple companies and I know when something is not right. People deserve to feel important and good about the work they do. Especially if they are expected to spend so much time away from there family. There are holes in the walls of your office and you will not get an ounce of freedom beyond your 1 hour of lunch. There are no accommodations for special life events like the birth of a child or the death of a family member. You are expected to be right back to work after a few days like nothing ever happened. No 401k match. No bonuses. No employee appreciation. No upward mobility unless you are related to John Hantz. He will promote you to a direction even over those who are more qualified and have put more work in than you. The back office supervisors have a false sense of reality and are protected by the walls of Hantz group. If they pulled any of the antics outside of Hantz group they would be ridiculed and shamed. For anyone reading this, thank God that you are now aware of such a terrible terrible company . Please stay far away. You’re better off going to do valet or be a blood donor. And i genuinely wanted to live out a career here, it just seemed people were too caught up in ulterior motives and egotistic agendas. Oh well.

1.0
18 May 2020
Recommend
CEO approval
Business outlook

Pros

You will learn what a toxic culture looks like.

Cons

Too many to think of. I worked in the back office for a year. My original expectations weren’t high starting with the interview, when the VP of the company told me how I could become a millionaire if I stayed with them for 15 years and how he’s now the boss of the guy who originally hired him and how he doubles his salary. He insulted my 3.4 gpa and then proceeded to give me the job offer for a financial advisor assistant job. A couple weeks later, I got a call from HR saying that he wants me to come back in and interview for a $12 an hour paying equities specialist role which I reluctantly agreed as I needed an internship. When I started, I was surprised that almost everyone who worked there was also new with the exception to maybe 3-5 people who seemed miserable. They start you at 30k a year (which is a joke) and that won’t change for at least a couple of years despite what lies they tell you. I was moved to salary after I graduated and was told that I would be compensated more than my peers because I had so much potential and passed my series 7 and was offered $30k. I guess the manager never expected that I was smart enough to determine that this was the starting pay for any full time post graduate for this position. Not only that, but I was now required to come in on Saturdays and also work an extra hour a day, so in reality I was being paid around minimum wage considering overtime. Things got progressively worse once I passed my series 7 and was given more and more responsibilities without changes to my compensation. I was then forced to participate in pointless classes and expected to study for them outside of the 8-6 working hours. One of the classes was a speech class that required you to memorize a horrible cult-like speech that they give to their clients about how they “guarantee” their investments and was taught by a crazy old lady who had no business teaching anyone. If you made any mistakes, she would belittle you in front of your group. It got so bad that many people in our group would just quit their job. I was so happy to leave this horrible place and join a company that appreciates my work. I would not recommend this place to anyone, in any circumstance.

Viewing 1 - 3 of 186 Reviews

Glassdoor has 212 Hantz Financial Services reviews submitted anonymously by Hantz Financial Services employees. Read employee reviews and ratings on Glassdoor to decide if Hantz Financial Services is right for you.