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IG Wealth Management Reviews
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    IG Wealth Management Reviews

    Updated 17 April, 2019
    614 reviews

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    4.0
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    IG Wealth Management CEO Jeffrey R. Carney
    Jeffrey R. Carney
    204 Ratings
    Top CEO 2018

    Employee Reviews

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    Pros

    • "Client-centric culture with fantastic financial planning tools" (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 23 reviews)

    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. "assistant"

      StarStarStarStarStar
      • Work/Life Balance
      • Career Opportunities
      • Comp & Benefits
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at IG Wealth Management part-time

      Pros

      good nice amaxzing happy fun happy
      fun
      happy
      fun

      Cons

      happy fun interesting happy fun happy fun

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

    3. "Good Experience"

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

      I worked at IG Wealth Management full-time

      Pros

      Benefits, great team, room to grow, culture, opporunities

      Cons

      Work-life balance, expectations, some management, insufficient technology

    4. "Administrative assistant"

      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

      Pros

      Flexible, great People to work with.

      Cons

      No formal training, you work for the consultant, not the company

      Advice to Management

      Treat assistants as more a part of the team

    5. "Financial Consultant"

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

      I worked at IG Wealth Management full-time

      Pros

      Solid Work-Life Balance
      Flexible hours
      Great mentoring

      Cons

      Steep learning curve
      Lots of sales

    6. "Financial 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

      Comp, flexibility, tech support and benefits

      Cons

      Stress due to market performance

    7. "Great place to start, Leave after 3-4 years. Not doing your clients any favours."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Consultant in Vancouver, BC
      Current Employee - Consultant in Vancouver, BC
      Doesn't Recommend
      Negative Outlook
      No opinion of CEO

      I have been working at IG Wealth Management full-time (More than 5 years)

      Pros

      Training program is excellent. Good up-front commission rates in first 3-4 years. Good fit for a consultant willing to get paid 1/3 as much, but have a lot of support for other people to basically do everything for you.

      Cons

      Products have high fees and underperform. Big, old company is way behind in technology and adapting to current market. After first 3-4 years, commission rates drop precipitously and you can make 3x as much working elsewhere. Lots of favouritism & shady dealings happen behind the scenes with moving client accounts around - if you work there long enough, you'll see it too. All the best people end up leaving for better opportunities, leaving a company of morally corrupt and mediocre consultants. Expensive - running a practice charges you a lot in monthly/annual fees especially compared to how low the commission rates are.

      Advice to Management

      Trim down the company - clearly the high fees are a function of WAAAY too much fat that needs to be trimmed. Really need to work on the ethics side of things - there is a strong culture of unethical behaviour that I have to fight consistently, especially within the management teams.

    8. "Manager"

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

      I worked at IG Wealth Management full-time (More than 10 years)

      Pros

      Division management is great, the people are great and that makes divisional and cross divisional work a breeze.

      Cons

      Executive level is horrible and that makes for a poisoned work environment. They call for transparency but do the complete opposite so people walk around fearful for their jobs.

      Advice to Management

      Be proactive and be clear. Perhaps invest in a change management person to help you deal with mass cuts and enterprise directional changes.

    9. "Consultant"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Consultant in Richmond Hill, ON
      Current Employee - Consultant in Richmond Hill, ON
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at IG Wealth Management full-time (Less than a year)

      Pros

      Good support and working environment

      Cons

      Need initial investment by yourself.

    10. "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

      Good compensation Nice People Team environment

      Cons

      All leads are generated by you.

      Advice to Management

      none.