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"Focus on holistic financial planning" (in 58 reviews)
"Every consultant runs as their own business so you get to make your hours, which makes for a great work life balance" (in 21 reviews)
"Initially the consultant role is commission based" (in 40 reviews)
"100% commission with no leads provided" (in 27 reviews)
Helpful (4)
I have been working at IG Wealth Management full-time
Pros
This is a very evolutionary company that is making the right changes at the right time. The amount of training, support and development for the Consultant role is second to absolutely no one in Canada.
Cons
If you are unable to be a self starter you will struggle in this commission role.
I have been working at IG Wealth Management full-time (More than 3 years)
Pros
Management respects your opinions on various things.
Colleagues are willing to help you learn.
Hours are flexible in certain departments.
Countless opportunities for career growth.
Cons
Technological hardware is a little outdated, and the company as a whole is slow in adapting to technology.
Advice to Management
Push technological advances and make upgrades a priority when it becomes a detriment to work.
I have been working at IG Wealth Management full-time
Pros
Flexibility and
Self Improvement
Cons
Costs of running a practice
Performance
Top heavy with VPs
Advice to Management
Keep Client centric
Remember Advisor is reason you have a job and get paid every two weeks. Unlike the advisor who sometimes has negative paycheques after paying staff and marketing costs... reduce the cost of computer support for God’s sake!
I have been working at IG Wealth Management full-time
Pros
Everything resolves around client. Clients are king!
Cons
Commissions are being squeezed. Must do more to attain same revenue.
Advice to Management
Do not ask what your sales force can do for the company but what can the company can do for its sales force.
I worked at IG Wealth Management full-time (More than 3 years)
Pros
Great co-workers and that’s it
Cons
Be very careful which Advisor you work for. Cheap and not professional at all.
I have been working at IG Wealth Management full-time (More than 3 years)
Pros
IG Wealth Management has a great company culture that isn't easy to see else where.
Cons
Work load can be demanding at times but relaxed off season more than makes up for it
I have been working at IG Wealth Management full-time
Pros
Unlimited Earning Potential
Great Training & Education
Cons
Fully Commission based
Fees, benefits & licensing ALL at your own expense
Helpful (1)
I worked at IG Wealth Management full-time (More than 8 years)
Pros
Freedom to work when you want
Cons
Terrible upper management. Spread lies about the company and how good it is. No support. Cost are super high. If you want supper you have to hire an assistant. MER’s are highest in the industry. Performance is terrible. Stay away. Buyer be ware
Advice to Management
Stop lining your pockets on the backs of hard working Canadians. Put some money into technology. Stop using 90’s technology
Helpful (1)
I have been working at IG Wealth Management full-time (More than 3 years)
Pros
self-employed-ish, flexible hours, good training
Cons
no work-life balance, cannot make it work with 40 hours per week, constantly changing, unhealthy competitive environment, no administrative support (you want help, you would have to hire someone yourself and pay them out of your own commissions), branch management has no experience outside of IG
Advice to Management
Be more supportive
Helpful (2)
I worked at IG Wealth Management full-time (More than a year)
Pros
Good training program, no commission ceiling, learn a lot about financial planning.
Cons
100% commission with no leads provided. Expect that you will bring in assets of friends and family, and then they can choose to keep you or not, but they still have the assets. If you want to build a book of business from scratch, there is no work life balance. Little marketing support. Lots of cost to consultant (for software, marketing, etc) that you are expected to absorb by using them as tax deductions.
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IG Wealth Management Response
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