Investors Group Reviews | Glassdoor.ca

Investors Group Reviews

Updated 16 April, 2017
363 reviews

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Full-time Part-time

3.6
Star Star Star Star Star
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Approve of CEO
Investors Group CEO Jeffrey R. Carney
Jeffrey R. Carney
20 Ratings

363 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)

  • For those who require a work/life balance, this opportunity is definitely worth looking into (in 13 reviews)

Cons
  • Commission based role hard to recruit for (in 31 reviews)

  • Pressure to sign friends and family (in 14 reviews)

More Pros and Cons

  1. "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.


  2. "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


  3. "General Very Good"

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

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

    Pros

    Excellent Training
    Highly Structured and Organized
    Professional and Knowledgable Support Team
    Good Compensation Regulation
    Strong and Effective Leadership

    Cons

    100% Commission Based Job
    All Cold Approach


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  5. "Tremendous opportunity"

    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
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    A lot of support, training and mentorship. They give the opportunity to build a great career. I really can't blame anyone but myself for results. So i have to be honest with my abilities and my effort. That's hard for some people.

    Cons

    More national branding on what we do would be helpful. Many think it's all about funds and not planning.

    Advice to Management

    More training on practice managment


  6. "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Consultant in St. Catharines, ON
    Current Employee - Financial Consultant in St. Catharines, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Amazing company culture. Unlimited potential. Incredible work life balance and a great amount of flexibility to run your business how you see fit. Can't stress enough how awesome the culture is.

    Cons

    Pure commission. If you can't grind out the building process of your career, or if your obligations require steady income immediately, you could struggle. Potential for feast or famine in your early years, but as a long term career it would be incredibly rewarding.

    Advice to Management

    Not much. I understand the deal. You guys are a good company, and I definitely enjoy working here.


  7. "Financial Advisor"

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

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

    Pros

    Flexibility - make your own hours; no salary cap; some great, supportive people to work with; lots of opportunities; good training

    Cons

    Long hours, commission only, high expenses


  8. "Intern"

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

    I worked at Investors Group (Less than a year)

    Pros

    Great experience, great for entry level

    Cons

    Same thing everyday, need to be change

    Advice to Management

    Don't get too much intern do the same thing


  9. "Consultant"

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

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

    Pros

    - Earning Potential
    - Flexibility, you make your own schedule

    Cons

    - Not enough training (you learn as you go)
    - Costly (you're looking at $800+/month in fees for laptop, licensing, benefits, etc.). It shouldn't cost you money to have a job...
    - Pressure to sign friends and family
    - Product pricing is among the highest in the industry, yet you're told that it's worth it. Any individual with an ounce of knowledge about investments or banking knows that the price is not worth it. If you consider inflation, MER (cost of fund) and average return - then you better hope the fund has a return of at least 6-7% so that your client breaks even
    - Awful benefits (I once had a pharmacist even comment that it was one of the worst benefits packages she's seen, and I chose the full package that's made available to first year consultants)
    - If you're looking at a long-term career solution, turn around, the industry is going in a certain direction and investors group is on the wrong path. Since I'm still employed, I can't give away too much, but do your research. Even the older consultants in the office are updating their resume and/or LinkedIN

    Advice to Management

    Be honest and ethical, please. You've ruined too many people's careers and lives. Don't hire 10 people in hopes of retaining 1 employee.


  10. Helpful (3)

    "Financial Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Niagara, ON
    Former Employee - Financial Advisor in Niagara, ON
    Doesn't Recommend
    Positive Outlook

    Pros

    Make your own hours
    Amazing $$$ opportunities
    You are your own boss

    Cons

    Long hours with no compensation
    Upper Managment
    Sell Sell Sell
    High fees for software
    Commission only

    Advice to Management

    Be upfront that your warm market may not be so warm!


  11. "Amazing Career choice, if you work for it."

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

    I have been working at Investors Group full-time

    Pros

    Great compensation, competitive products makes it easy to beat the competition. My previous career was in the restaurant business, The training I received was outstanding and has allowed me to build an outstanding practice. I get to earn the money I want and spend time with my growing family

    Cons

    There are cons at every company. if you focus on the negative, you'll never be happy anywhere.

    Advice to Management

    Keep it up!


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