Horrible! - Anonymous employee Hoopis Group Employee Review

1.0
Jan 18, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Part of MassMutual, great policyholder-owned company.

Cons

Management is distant, clueless, little access when you need help. Lots of chiefs and few Indians. Office is a pit, with cubes that make you feel rat-like. Systems don't function. All commission: you are expected to sell life insurance to everyone, even if they don't need it. Horrible experience, would not recommend as employee or client. Beware!

avatar
Hoopis Group Response
9y
We appreciate you sharing your thoughts. After being with our firm for more than three years, we are sorry to hear that you had a less than desirable experience. We pride ourselves on helping our clients reach their financial goals, and a very important part of their financial well-being is protecting their families with life insurance. We would never suggest that our advisors sell anything to their clients that would not be in their best interest. We take all feedback given to us seriously, and will do our best to look into the issues you mentioned. We wish you the best of luck on your future endeavors.

Explore other reviews about Hoopis Group

5.0
Aug 1, 2022
Recommend
CEO approval
Business outlook

Pros

People are great. Very flexible schedule.

Cons

Tough to get started in the Industry.

4.0
Nov 29, 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

You are able to broker out and use other companies. They cover your upfront company expenses in the first year. You build your own residual income the longer you are there and they truly focus on what is in the best interest of the clients. You are essentially your own boss. You will gain a TON of experience and knowledge over years of being there. Income potential is unlimited but it is very hard work. Don't think for a second you can just come into a wealth management firm and expect to make a ton of money if you do not do what they tell you to. Staff is fantastic and always willing to help get what you need when it comes to education requirements, on going training, licensing, etc. Company events are always a lot of fun. Endless training topics that you can educate yourself on at your own leisure. Requires you to get your Series licenses. Many experienced advisors to learn from. Great benefits.

Cons

No base salary. Too many unclear and constant changes all at once without always being properly informed. Understanding pay structure and your company expenses is very confusing and unclear at times. A lot of required meetings that become redundant.

See reviews by: Helpful|Rating|Date|All