great people, great company. - Anonymous employee Hoopis Group Employee Review

5.0
Aug 4, 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Although Hoopis Financial Group is a general agency of MassMutual, a large fortune 100 company, they have done a great job at making the Chicago offices unique and a small business atmosphere. Every person that works here matters, and you can feel that in your everyday life. Pete Hoopis has a great plan for this agency, has proven himself to be successful and can lead the office in a positive manner. The staff and leadership are very experienced, that you know you are in great hands when taking on a tough career as a financial advisor.

Cons

Pete Hoopis came over to MassMutual in 2012 and took over the Chicago agency. Within 2 1/2 years he also opened up a Deerfield, Naperville and Santa Monica office. This is a growing firm that is still testing out some kinks. Some people may look at that in 2 different ways. 1-think of it like a start up- trying new and different things to see what works, there are changes. 2-be part of something where you can help build a business, have the chance to voice your opinion and hopefully make changes for the better.

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.

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