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Scotiabank Senior Financial Advisor Reviews
28 reviews
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Senior Financial AdvisorApprove of CEO
Brian J. Porter
19 Ratings
Pros
"Great place to work and great work/life balance" (in 190 reviews)
"It was Great work environment ," (in 178 reviews)
Cons
"Long hours - difficult to maintain work life balance" (in 77 reviews)
"Can't work full time for CR position" (in 42 reviews)
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"Senior Financial Advisor"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Positive OutlookApproves of CEOI have been working at Scotiabank full-time (More than 3 years)
Pros
Great pay for sure. Makes it hard for me to leave Scotiabank and explore other banks. I'm fortunate to still be part of the Hybrid Pension plan with DB and DC. New Hires are now just purely DC. They know how to give recognition who deserves it and worthy of promoting. I'm the living proof that as long as you are highly knowledgeable with what you do and you have good communication skills, meaning good in oral and written english, people will love you. :)
Cons
Scotiabank keeps hiring people who lacks proper english communication skills. I often get clients complaining to me about their experience with a different financial advisor because of their poor communication skills.
Advice to Management
Recruitment Team should up their game, and hire better candidates based on situational cases. They keep hiring trashy financial advisors.
Scotiabank 2019-02-25 20:32 PST![Scotiabank Logo]()
"Senior Financial Advisor"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI have been working at Scotiabank full-time (More than 3 years)
Pros
Good teams to work with. Good coaching. Growth environment.
Cons
High demand to achieve goals week over week.
Advice to Management
Better compensation structure which can lock bonuses into quarters that focus on all activities.
Scotiabank 2019-03-23 09:32 PDT![Scotiabank Logo]()
"Always been good"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendPositive OutlookApproves of CEOI have been working at Scotiabank full-time (More than a year)
Pros
Flexible, rewarding, appreciated, moved up quickly, achievements are acknowledged
Cons
Behind the times, technology in the stone age,
Advice to Management
Be more team oriented in sales approach
Scotiabank 2019-01-08 14:59 PSTHelpful (2)
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"Senior Financial Advisor Level 6"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendPositive OutlookApproves of CEOI have been working at Scotiabank full-time (More than 5 years)
Pros
Great tools for financial planning and lending, and options for helping customers truly become better off with their finances.
Cons
Micro-managed time and excessive volume of calls, meetings, and sales targets. Doesn't seem to care much about the workload of their staff.
Scotiabank 2019-01-04 08:17 PST![Scotiabank Logo]()
"Branch review"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookNo opinion of CEOI have been working at Scotiabank full-time (More than 3 years)
Pros
Opportunity to grow
Work as a team
Helping customersCons
System is down sometimes
Advice to Management
Support your team whenn needed. Treat your team with respect.
More positive attitude and atmosphere.Scotiabank 2018-12-05 19:47 PST![Scotiabank Logo]()
"Great training program to set you up for success"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookApproves of CEOI have been working at Scotiabank full-time (More than a year)
Pros
Good base salary and try to place you close to home
Cons
Systems could be improved to combine everything in one place
Scotiabank 2018-11-16 14:58 PST![Scotiabank Logo]()
"Above average"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookDisapproves of CEOI have been working at Scotiabank full-time (More than 3 years)
Pros
The work environment fosters a good team work culture
Cons
Long hours and bigger branches are still decorated from the 90s!
Scotiabank 2018-10-04 19:01 PDT![Scotiabank Logo]()
"Happy"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
RecommendsPositive OutlookNo opinion of CEOI have been working at Scotiabank full-time (Less than a year)
Pros
There are sales goals, but they aren't extremely difficult to reach, and customers are assigned directly to you.
Cons
Some of the branches are opened on Sat.
Advice to Management
someone dedicated to shadow with new hires to learn the system would be greatly appreciated.
Scotiabank 2018-09-13 05:35 PDTHelpful (4)
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"Once upon a time a great company"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI have been working at Scotiabank full-time (More than 5 years)
Pros
Good co-workers and a very good product suite
Cons
Absolutely terrible corporate culture. The focus is utterly on the numbers with no consideration of the human factor. The bank suddenly removed medical benefits for anyone retiring after 2021 so there's people who have worked there 20-30 years who were counting on that but wont get it. If they have a preexisting condition they're out of lucky competely and even if they don't it's VERY expensive. There's tremendous pressure to hit targets and staff go to grey areas to hit them. if you're politically connected you get off, if not you get let go. Also lots of unpaid overtime.
Advice to Management
Realize there's a difference between having integrity and talking about it to protect your reputation.
Scotiabank 2018-10-11 03:59 PDTHelpful (2)
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"Micromangement breaks employees. Good employees leave and new trainees are thrown into the fire"
StarStarStarStarStar- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
Doesn't RecommendNegative OutlookDisapproves of CEOI have been working at Scotiabank full-time (More than 8 years)
Pros
Benefits and share ownership plan
Cons
Micromangement and unrealstic goals grind you down
Advice to Management
Listen to employees before all good staff leaves
Scotiabank 2018-08-21 11:56 PDT
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