Investors Group Reviews | Glassdoor.ca

Investors Group Reviews

Updated 17 May, 2017
375 reviews

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Full-time Part-time

3.5
Star Star Star Star Star
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Investors Group CEO Jeffrey R. Carney
Jeffrey R. Carney
27 Ratings

375 Employee Reviews

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Pros
  • Coming from a non-financial background, the training and support really helped me start a successful practice as a newcomer in the industry (in 14 reviews)

  • financial planning for their clients (in 27 reviews)

Cons
More Pros and Cons

  1. "Good Company if You're Willing to Work Hard"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Division Director in Vancouver, BC
    Current Employee - Division Director in Vancouver, BC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Investors Group full-time (More than 5 years)

    Pros

    -Good income
    -Good environment
    -Good recent changes in the conpany

    Cons

    -have had to be patient with previous CEOs in company vision & pay scale
    -long hours needed to maintain clients and business

    Advice to Management

    More security of pay scale into the future


  2. "consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Lethbridge, AB
    Current Employee - Consultant in Lethbridge, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Investors Group full-time (More than a year)

    Pros

    Top notch training.
    great atmosphere to work in
    nice offices
    they really want you to succeed and are always there to help
    commision based- great potential, the harder you work the more you make

    Cons

    i end up putting in a lot more hours than a normal 9-5
    if i take time off the income really slows down .

    Advice to Management

    keep changing to keep up and get a head of the rest of the industry


  3. "Not for everyone."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Toronto, ON
    Former Employee - Consultant in Toronto, ON

    I worked at Investors Group full-time (More than a year)

    Pros

    Some great division directors and knowledgeable specialists at your disposal.

    Cons

    Scant benefits, you don't own your book of business, and it is 95% prospecting and 5% advise.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Consultant in Newmarket, ON
    Current Employee - Consultant in Newmarket, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Investors Group full-time (More than 8 years)

    Pros

    Great training and on going

    Cons

    poor leadership, lack of direction

    Advice to Management

    tell the truth, at all times, some people have a very long memory


  6. "Administrative Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Assistant in Toronto, ON
    Current Employee - Administrative Assistant in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Investors Group part-time (More than a year)

    Pros

    Good and friendly working environment.

    Cons

    No learning and development for admin roles. Most of the employees are self-employed. Lack of centralized support and compliance. Extremely high turn over rate.

    Advice to Management

    Share outcomes with employees. More support to employees. Have centralized HR department to regulate employees behavior and create a better PR and Marketing image. More learning and development for admin stuff as well.


  7. Helpful (1)

    "Associate Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Consultant in Toronto, ON
    Current Employee - Associate Consultant in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Investors Group (More than a year)

    Pros

    Good compensation structure for new employees.

    Cons

    Bad training.
    Uses consultants to bring in own money and relatives money, when that ends, the consultant is terminated.


  8. "Go in with a full head of steam..."

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

    Pros

    Great people to work with, Terrific place to start if you have no experience in the industry. Professional work environment, attractive offices for client meetings.

    Cons

    Poor training, 100% commission based (this was understood coming in), warm market was not as warm as I had thought it would be unfortunately. At the end of the day you are simply a salesperson until you have your CFP under your belt.

    Advice to Management

    Try to focus on and maintain a business objective. A lot of flip flopping in the company as to what is important

    Lower MER's

    Figure out a way for your consultants to provide ETF's to your clients


  9. "Financial Planner"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Planner in Vancouver, BC
    Former Employee - Financial Planner in Vancouver, BC
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Investors Group (More than a year)

    Pros

    Great training program, and subsidized courses (CFP)
    Co-workers are competitive, but very friendly

    Cons

    Offices are quite mundane and uninteresting
    Not many social events within the office either

    Advice to Management

    Keep offering great support network to employees and paying for CFP training. Try to change the office culture to feel less conservative, formal, and traditional.


  10. "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Winnipeg, MB
    Former Employee - Financial Consultant in Winnipeg, MB
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    good company to work with if you want professional training

    Cons

    Just need take care new employees, like at the beginning giving some basic salary for like three months

    Advice to Management

    nice management


  11. "Fancy mutual funds salesman"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Flexible Hours
    Learning about financial planning
    Initial training
    Possible potential of unlimited income
    Travel
    Enhancement system while it existed
    Access to the financial planning software

    Cons

    Lack of coaching
    Product push
    Very high office fee $800 that you have to pay IG every month to work there!
    Shady division directors only looking to recruit and absorbing your book of clients

    Advice to Management

    Teach prospecting and set-up longer mentor programs


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