A "Last Resort" Company to Work For - Financial Advisor CWF Group Inc. Employee Review

1.0
Sep 8, 2015
Recommend
CEO approval
Business outlook

Pros

If you like 100% commission jobs where you are making lists of all your friends and family to sell insurance, this could be the right place for you. They have lots of free parking and are conveniently located.

Cons

Lots of fake employees posting nice things about this company, including this website. So obvious that it is fake, because fake ones are all posted in bunches of 3 or 4 posts on same date. This tells you a lot about the company and its mindset. Management has no clue about how to manage or how to support their advisors, which makes me wonder "why I must pay a big monthly fee to work here? What am I paying for?" Advisors are constantly quitting because they pay among the lowest in the entire industry.

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CWF Group Inc. Response
9y
We apologize for our tardy reply. We appreciate you taking the time to provide us with your feedback. We are sorry that your experience at CWF Group did not meet your expectations. To address your concerns: Our Financial Advisors' have a unique compensation structure when it is compared to other similar positions within the industry, our employees enjoys a compensation that includes a monthly tiered income, commission, bonus, and a pension system based on years of service. As of 2015, our company is at an 89% retention rate which is the highest in the market. Our employees are happy with the level of support they get from management, the culture, and the numerous business opportunities that we have for our advisors. To better service our clients, besides insurance, we have now expanded our business services and opportunities to include: general insurance, investments, banking solutions, mortgages, real estate and immigration and are anticipating to add more to our services and product lines. At CWF Group, we provide a holistic view of our clients’ financial portfolio. As for discouraging our advisors to speak with the partners, since we have over 84 business partners, unfortunately, with the limited amount of time, not every advisor is able to speak with all our partners. However we have encouraged all our partners to come more frequently and meet with our advisors more to help build relationships with them. If you have any other concerns we highly encourage you to contact us. Please feel free to reach out to us at corporate_c@cwfgroup.com with any concerns. We are committed to our employees and clients and take that responsibility seriously.

Explore other reviews about CWF Group Inc.

5.0
Sep 19, 2021
Recommend
CEO approval
Business outlook

Pros

Fast pace company love it

Cons

Poor pay not up to

5.0
Jul 17, 2015
Recommend
CEO approval
Business outlook

Pros

High pace environment that is open for growth and teaching. CWF Group Inc. has a very good company culture, where everyone is very helpful and friendly. Even though you work on clients' cases on your own, many of your peers or the management team will provide you with the tips, training and past experience necessary to close the case. I would say that the knowledge and experience that you would obtain in this company in one year is equivalent to working at other financial institutions in 3 or 4 years. I am very excited to be working for a powerhouse in finance, not to mention one of the most entertaining and fun companies that I have worked for. You would definitely be recognized and be rewarded in this company the harder you work and more time you dedicate yourself to it.

Cons

CWF Group Inc. is a very good company to step into the financial world. But its not a job for everyone. Without prior working experience at any other companies and good working habits, one would find it hard to survive. But if you do have these criteria, it is a very entertaining and worthwhile job!

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