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IG Wealth Management Reviews
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    IG Wealth Management Reviews

    Updated 14 February, 2019
    601 reviews

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    4.1
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    IG Wealth Management CEO Jeffrey R. Carney
    Jeffrey R. Carney
    194 Ratings
    Top CEO 2018

    Employee Reviews

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    Pros
    Cons

    • "Initially the consultant role is commission based" (in 40 reviews)

    • "100% commission with no leads provided" (in 27 reviews)

    More Pros and Cons
    1. Featured Review

      Helpful (4)

      "Consultant"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Positive Outlook
      Approves of CEO

      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.

    2. "Great Place for Students to Learn and Challenge Themselves"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Tax Analyst in Winnipeg, MB
      Current Employee - Tax Analyst in Winnipeg, MB
      Recommends
      Positive Outlook
      No opinion of CEO

      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      Technological hardware is a little outdated, and the company as a whole is slow in adapting to technology.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.

      3. Join the IG Wealth Management team
      See Our Latest Jobs

    3. "Advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      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!

    4. "Financial advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Doesn't Recommend
      Approves of CEO

      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.

    5. "Executive Assistant"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend

      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.

    6. "Associate Consultant"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      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

    7. "Consultant"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      Approves of CEO

      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

    8. Helpful (1)

      "Do not work or invest here. Sinking Ship"

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

      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

    9. Helpful (1)

      "No support or security for Consultants"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Consultant in Saskatoon, SK
      Current Employee - Consultant in Saskatoon, SK
      Doesn't Recommend
      Negative Outlook
      Disapproves of CEO

      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

    10. Helpful (2)

      "Consultant"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Comp & Benefits
      Former Employee - Anonymous Employee in Winnipeg, MB
      Former Employee - Anonymous Employee in Winnipeg, MB
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      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.