Heritage Education Funds - Do not work here | Glassdoor.ca

Employee Review

Employee Review

"Do not work here"

StarStarStarStarStar
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Toronto, ON
Former Employee - Anonymous Employee in Toronto, ON
Doesn't Recommend
Negative Outlook
Disapproves of CEO

I worked at Heritage Education Funds full-time (More than 3 years)

Pros

Plenty of social events for employees.

Cons

Management is not supportive of their employees and will only take care of themselves and not their subordinates. Its a "cut throat" atmosphere.

Advice to Management

Do not hire the relatives of current employees

Other Employee Reviews

Other Employee Reviews

  1. "Fantastic people, wild west management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    amazing group of people, lots of fun outings, great memories, worked on some really cool projects and gained experience.

    Cons

    lack-lustre product, questionable ethics, wild west (although some were great), and below average pay

    Advice to Management

    You need to drastically improve your product.


  2. Helpful (1)

    "associate enrolment director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Former Employee - Anonymous Employee in Toronto, ON
    Former Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Heritage Education Funds part-time (More than 10 years)

    Pros

    its good door opener for financial advise

    Cons

    The upfront fee , which the company gives fancy names like membership fee or scholarship fee.The portfolio is fill of bonds and hardly any equity into it. I wonder why no certified financial planner sells Heritage product or in general group RESP. Most of group resp is sold to immigrants , who do not understand English very well. I feel guilty by selling group resp to my clients in past.

    Advice to Management

    You should revamp the Portfolio and hire educated professionals as sales person, instead of cab drivers or house wives. You should give a choice to client to have NO sales charges and now please do not tell me that you have Impression plan , which is not even 1 percent of sales and mostly agent sells group resp by not explaining upfront fees.

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