United Capital Financial Advisers

www.unitedcp.com

United Capital Financial Advisers Reviews

Updated October 27, 2014
Updated October 27, 2014
11 Reviews
3.1
11 Reviews
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Joseph J. Duran
4 Ratings

5 Employee Reviews Back to all reviews

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  1.  

    Definitely NOT Ready For Prime Time....

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

    I have been working at United Capital Financial Advisers

    Pros

    Has potential, but lots of work to do first....

    Cons

    Very low 401(K) match - Relationship Managers are overworked and underpaid - Way too many steps and softwares involved in managing client's data, takes forever to prepare for one client meeting in one day, let alone multiple client meetings on same day - Many Managing Directors are arrogant and in heated competition with each other, seems to be in High School all over again - Reporting company they use, Envestnet, always messes up, same goes for HR department - Company very cheap, does not pay for anything, charges everything on employees, including corporate trips and computers - Investment options they provide to clients not always the best (R-Squared fiasco), biased pushing of inside funds with that are generally expensive and lack robust returns.

    Advice to ManagementAdvice

    You have got to simplify the client management process, too many softwares involved that need to be synced together, it is a nightmare. RM's are way overworked and the salary and benefits are laughable, no wonder everyone keeps leaving. Stop expecting employees to attend seminars and meetings while telling them they have to pay for everything on their own.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Insincere Senior Management - Low pay and weak benefits

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

    I worked at United Capital Financial Advisers full-time (more than 3 years)

    Pros

    Generally nice people among the rank and file.

    Cons

    Senior management are bullies. They fill you with a false sense or caring but bully their employees to conform. Most people seem to enjoy working at the regional offices but the management of the regional offices DO NOT like working with corporate management.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Not a good place!!! Lots of talk and the managing directors egos create an environment where you are "the help".

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

    I have been working at United Capital Financial Advisers

    Pros

    Trying to improve the process of financial planning

    Cons

    Healthcare plans are unaffordable for the staff.

    Advice to ManagementAdvice

    Get past the managing directors of the offices controlling you.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Good place to start your career because you will learn a lot.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Newport Beach, CA
    Former Employee - Anonymous Employee in Newport Beach, CA

    I worked at United Capital Financial Advisers

    Pros

    It was a very hand on environment. You will be able to learn many different functions and learn a lot about financial services.

    Cons

    No structure on how to be promoted. Very high employee turnover. Doesn't provide competitive compensation and/or benefits.

    Advice to ManagementAdvice

    Management should compensate the employees better. Management needs to understand that an employee turnover rate as high as the one at the UCFA corporate office is very time consuming and inefficient.

    Doesn't Recommend
  6.  

    Potentially Great Company - all talk no action

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Relationship Manager
    Current Employee - Relationship Manager

    I have been working at United Capital Financial Advisers full-time (more than 3 years)

    Pros

    Great group of on staff experts to help you any way they can on technical areas such as insurance, planning and investments. You have the ability to develop meaningful relationships with client.

    Cons

    Although they claim they are supportive of building a great employee culture, it is all talk. In my time with the firm, I saw great, talented staff be pigeon holed into positions they did not want . Poor management Little if any appreciate for a job well done. As a result, they let the best staff walk out the door. The prevailing philosophy was, " we can always get someone new and cheaper than you". Very much at odds with their public image. Maybe a place to start your career - learn what you can & move on..

    Advice to ManagementAdvice

    Make sure your local managers support the culture that corporate wants to create. Make retaining great employees more important and provide them with career opportunities that support their personal as well as company goals. Don't be afraid to fire poor performers.

    Doesn't Recommend
    Neutral Outlook

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