Investors Group Reviews | Glassdoor.ca

Investors Group Reviews

Updated 4 December, 2017
413 reviews

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3.5
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Investors Group CEO Jeffrey R. Carney
Jeffrey R. Carney
46 Ratings

413 Employee Reviews

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Pros
  • For those who require a work/life balance, this opportunity is definitely worth looking into (in 15 reviews)

  • Holistic financial planning for clients is great (in 30 reviews)

Cons
More Pros and Cons

  1. "Independent Consultants"

    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 Investors Group full-time

    Pros

    flexible schedules, easy work load

    Cons

    no set benefits - subject to each consultant


  2. "Manager"

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

    I have been working at Investors Group full-time

    Pros

    Good people.
    Growing.
    Focusing on the client's journey is refreshing.

    Cons

    Siloed atmosphere. Redundancy of roles and tasks makes for unclear objectives.

    Advice to Management

    Allow innovation at the employee level to be identified and rewarded.


  3. "Cut backs"

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

    I have been working at Investors Group full-time (More than 10 years)

    Pros

    Flexibility to run your own practice. You can design your career the way you want.

    Cons

    Lots lately. Overall company cutting resources and positioning it as a good thing. Many job cuts at head office level that the public doesn't know about. Most recently a large number of insurance planning specialists let go and as a result less resources to consultants to do their jobs effectively. Cut backs in marketing jobs which created reduced access to timely marketing material. Overall heightened sense that the support that once provided great assistance to consultants is slowly being taken away as measures from new management are designed to improve share price by cutting jobs and resources. I strongly encourage finding a financial services career with another company. At the ground level lots of confusion as to how to effectively build our business as job cuts continually reduce access to resources.

    Advice to Management

    You can't expect resource and job cuts to increase long term profitability. In the short term the books will look great by this will have a significant impact long term as the ability to build a successful practice comes from the support by a company to see those individuals succeed. I have seen enough this year to be convinced that this is more about the bottomline short term as opposed to a great vision long term.


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  5. "Okay"

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

    I have been working at Investors Group full-time (More than 3 years)

    Pros

    Full autonomy to run your business how you want.

    Cons

    Painfully behind on the technology side. Endless errors made by Head Office.


  6. "Was a financial adviser for the company"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Investors Group full-time

    Pros

    meet new people
    enjoy some great perks outside of work
    benefits were pretty good

    Cons

    Long hours and mostly commission

    Advice to Management

    Add a base pay


  7. Helpful (2)

    "Poor culture, poor pay for assistants, not fun"

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

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

    Pros

    - Had a great boss, but every financial consultant is their own boss and so each boss truly varies. I was lucky because I was friends with him before so we had a great connection and understood each other, but other assistants were not so lucky
    - good work experience to learn a bit of finance and sales and the boiler room experience

    Cons

    - doesn't pay assistants well, i was considered to have a slightly higher than avg salary for my experience level, but its quite little and little improvement room
    - horrible culture, all about money money money, just a rat race
    - some politics and gossip
    - i was friends with a lot of the assistants and some consultants, many were nice but the culture was non existent and most employees are unhappy

    Advice to Management

    Company itself needs some SERIOUS revamping. All the offices and software used are like from the 90s, it's horrible. Very behind on tech and advancement. Also need better leaders to create a nicer environment, greater work culture and for employees to actually be proud of working there. Need better reputation for sure.


  8. "Second Generation Financial Planner"

    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 Investors Group full-time (More than 8 years)

    Pros

    Quality work. With the freedom to design your own business model

    Cons

    Competitive marketplace that requires hard work to succeed


  9. Helpful (1)

    "IGFS"

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

    I worked at Investors Group (More than a year)

    Pros

    Nice work culture and office address

    Cons

    Dis-honest management. Very poor new hire support and training programs. No gradual skill development strategy.

    Advice to Management

    1. Establish salary pay system.
    2. Re-invent your new hire training/preparation program.
    3. Establish marketing and community development programs; not just sales.
    4. Effective coaching/mentoring.


  10. "Financial consultant"

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

    I worked at Investors Group full-time

    Pros

    Good Experience, you will develop your interpersonal skills a lot.

    Cons

    It was on commission


  11. "Client Services Administrator"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Investors Group full-time

    Pros

    Friendly environment, very convenient location.

    Cons

    Huge Workload, stressful work day


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