Over Promise Under Deliver - Advisor Solutions Nitrogen Wealth Employee Review

1.0
May 2, 2018
Recommend
CEO approval
Business outlook

Pros

We are in a very nice building in the heart of Atlanta with great views. Free snacks and drinks along with ping pong and bean bag toss. The people I work with are awesome and a fun group to be around. The turnover is so high it has given me an opportunity to develop many relationships with other tech companies in Atlanta by way of my past colleagues going to work for them. The health insurance is really good as well.

Cons

Way over promised and very much underdelivered. The OTE for Atlanta is about average for the area and would be manageable if we had not carpet bombed our data several times. To be clear no one is able to produce consistently or earn consistently because of it. For the first time in my life since college, I am having to rely on savings to make ends meet. Not to mention our sales enablement tools are a joke. What genius brought on Velocify? We are lucky to see 7 deals come across the sales channel in a day with 4 teams working. Unfortunately, that is a declining average as well. We also do a terrible job of putting MPAs together and it is costing us dearly. I have never seen so much turnover in my professional career. Side note if you do not like the people you are working with give it six months and you will have a new team. I have seen a lot of very smart people walk out the door with big smiles because they knew it was the last time they would be apart of this dysfunction. I have seen managers come and go to no end. No one seems to know what is going on and we have very few people now who know anything about the industry that we are selling to. You can also forget about the feel-good policy of "open and direct communication." Do not even bother approaching upper management with conflicting viewpoints or you will be attacked and called a nonteam player. One of the sayings used to be "A players thrive on freedom." Now it is "we are winning." At this point, the A players have left and we are not even close to winning. Unfortunately, I was sold on this job but have learned a valuable lesson from it.

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Nitrogen Wealth Response
8y
I'm sorry that you haven't had a good experience at our company. I've worked really hard to build a leadership team and middle management that can help empower every Riskalyzer to succeed. I'm sure it's not perfect, but the results don't square with the picture you paint here. — Your numbers on sales are inaccurate. We are privately held and our numbers are confidential, but in Q1, the Advisor Solutions Team averaged 112% of budget and the SAS team serving multi-advisor offices averaged 114% of budget. — I share your frustration with Velocify. The team did a lot of research in choosing it and it has not lived up to its billing. Everyone is working to figure out how to solve that. — Would love to hear your input on how our marketing partnerships could be improved. They are pretty industry standard right now, but maybe you have good ideas about improving them. Did you submit that idea at Team Brunch? I would have answered it! — We definitely had our struggles with managers, but that was stabilized with Josh coming out and helping to bring aboard Jacob, Michael and Pete. I have a lot of confidence in the sales management team we've built in Atlanta. — It's unfortunate that you feel you can't share a conflicting viewpoint. My Slack and email are wide open if you feel this way, and I would challenge you to send me specific, productive feedback on what you think needs to improve. I may or may not agree with you, but I'll listen to what you have to say, and explain where I think you're right and where your suggestions might not work. You say that "all the A players have left" and yet you list yourself as a current employee. That tells me you feel very frustrated about your performance. I'd encourage you to either leave the company so you can find a place where you'll be happy, OR engage with your manager, with your team lead, with Ryan, with me and let the team we've assembled work to turn you into the "A" player we believe you are. -AK

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