Does Skybound Wealth Management pay their employees well?

According to anonymously submitted Glassdoor reviews, Skybound Wealth Management employees rate their compensation and benefits as 4.2 out of 5. Find out more about salaries and benefits at Skybound Wealth Management. This rating has decreased by 4% over the last 12 months.

How satisfied are employees working at Skybound Wealth Management?

91% of Skybound Wealth Management employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Skybound Wealth Management 4.3 out of 5 for work life balance, 4.4 for culture and values and 4.5 for career opportunities.

What are the top reviewed jobs at Skybound Wealth Management?

Business Development Manager (40) , Financial Advisor (11) , Financial Planner (9) , BDM (7) , Paraplanner (7) , Associate (6) , Administrative (3) , Administrator (3) , Senior Financial Planner (3) , Accountant (2) , Anonymous (2) , Coordinator (2) , Finance (2) , Intern (2) , Investment Analyst (2)

What are the pros of working at Skybound Wealth Management according to real employee reviews?

"Great training, ability to work in different locations around the world" ((in 11 reviews)); "People are great and happy to help." ((in 9 reviews)); "Great team with an excellent level of training." ((in 6 reviews)); "Great working environment" ((in 6 reviews)); "Training is substantial and career progression is clear and attainable" ((in 4 reviews))

What are the cons of working at Skybound Wealth Management according to real employee reviews?

"Long hours travelling more then normal" ((in 5 reviews)); "this isn’t a job that you can coast through and expect a high salary for simply being at your desk." ((in 4 reviews)); "No cons, hard targets to hit, but could make some good money." ((in 4 reviews)); "Fast working enviroment and can be High Pressure" ((in 3 reviews)); "Long hours but nothing out of the ordinary for the industry." ((in 3 reviews))

Skybound Wealth Management Reviews

4.4

91% would recommend to a friend

(176 total reviews)

Mike Coady

98% approve of CEO

87% positive business outlook

Company ratings over time

Ratings trend for the last 6 months (176 reviews)

Skybound Wealth Management has an employee rating of 4.4 out of 5 stars, based on 176 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Skybound Wealth Management employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

176 reviews

2.0

14 Mar 2015

Didn't fit my personal goals or values.

Anonymous

Recommend

CEO approval

Business outlook

Pros

A majority of colleagues were genuinely nice people, trying to help you wherever they could.

Cons

Zero emphasis on making any return for a client, your brought on board to be made money out of, then called once your policy falls below its initial mark to top up above the initial line you agreed on to again be made more money out of. Practically if a firm is good, they you should be able to place someone in a fund once, and not require fund transfers to justify their USP.

1.0

29 Mar 2019

Avoid At All Costs

Financial advisor

Recommend

CEO approval

Business outlook

Pros

It's easy to resign.

Cons

Absolutely horrific company to work for. I was enticed into taking the role under a number of false promises, including earnings levels, the number of clients I would be provided with, the training I would get etc. I arrived to be told I was not getting my visa until I had a minimum number of deals on the table. In the meantime I had to pay for Visa Runs myself. I was charged £85 per day to pay for a co-ordinator who booked me no meetings, leaving me in massive debt to the company. The company attitude is to hire as many people as they can, and hope the odd few survive. Qualified professionals are brought over and made to cold call people from one end of the day to the next. No help was provided with accommodation as was promised. The levels of compliance are non-existent, with a CEO (John Hasberry) who is completely driven by income. There is little care for the client when it comes down to it. Awful awful company and I could not advise people to avoid this place any stronger.

1.0

25 June 2018

Horrendous!!!

Bdm

Recommend

CEO approval

Business outlook

Pros

None! Worst company I've ever worked for by a mile!

Cons

No data (told to go out and bribe less fortunate people for databases) No training No salary No visa (this is illegal) Didn't reimburse flights Pay for accommodation for 2 weeks (can't rent a property without visa) Unqualified advisers Bad advice to clients Ridiculously high staff turnover PLEASE BE AWARE ONE OF THE DIRECTORS WOULD REGULARLY CHECK GLASSDOOR AND TELL EMPLOYEES TO WRITE POSITIVE REVIEWS

Skybound Wealth Management Response

8y

Thank you for your feedback and we’re sorry that your experience of working with us was unsatisfactory. Visas are unfortunately quite complicated and we have little control over processing times. We can assure you that all our qualifications are confirmed as part of our robust hiring process. Our Sales team’s role is to handle all incoming/outgoing new business enquiries so to be successful we focus on their ability to provide exceptional customer service, a high level of knowledge about the services we provide and the ability to quickly identify the needs of the client in order to direct them to one of our Qualified Financial Advisers. We will be taking your additional comments on board and making sure they are dealt with appropriately. Please feel free to email us if you would like to discuss any of your issues further.

Viewing 1 - 3 of 176 Reviews

Top companies for "Compensation and Benefits" near you

Moody's

3.6★Compensation and benefits

Jobs at Skybound Wealth Management

Client Service Administrator

Cypress, TX

View job

Client Service Administrator

Cypress, CA

View job

RBT - Full Time - Guaranteed 40 hours

Roanoke, VA

View job