Advisors Asset Management

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Advisors Asset Management Reviews

Updated Jul 19, 2014
All Employees Current Employees Only

2.8 13 reviews

71% Approve of the CEO

Advisors Asset Management CEO & CIO Scott Colyer

Scott Colyer

(7 ratings)

45% of employees recommend this company to a friend
13 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good growing company to work for

    Internal Sales Consultant (Current Employee) Lisle, IL

    Proscompany is growing and there is alot of potential for growth. compensation is good compared to other opportunities. great people to work with and real good work life schedule with flexibility

    Conscan be stressful at times but that comes with any job

    Advice to Senior Managementkeep up the good work

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Started out great, then company grew too fast resulting in business & ethical dilemmas

    Bond Salesperson (Former Employee) San Antonio, TX

    ProsCompany has grown substantially in tough markets.
    Very charismatic CEO who has his pulse on the markets
    Wholesaler division on the "street side" (wholesaling to wirehouses) is the best division to be in.

    ConsThe culture deteriorated to "let's make money at any cost",even if it means doing the wrong thing.
    Many producers on bond desk look for loopholes just so they make $ for themselves (excessive markups, placing commission new issues in fee based accts so sales guy makes more $) at expense of advisors & clients.
    Little training for new people, not selective on who they hire & many people (not all) have questionable ethics.

    Advice to Senior ManagementDevelop a code of ethics that everybody lives by and actually train people on it.
    Hire leaders and develop leaders - the management & sales leadership has been a revolving door due to management's heavy emphasis on making money at any cost.
    Executive/ Sr. Management needs to get back to being more involved with their employees & customers.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    2 people found this helpful  

    Fixed Income Sales Trader

    Fixed Income Sales Trader (Current Employee) San Antonio, TX

    ProsHands off supervision. This company is either in micro- or macro mode, depending on profiltability.

    ConsVery poor benefits, small comapany, atmosphere lack professionalism.

    Advice to Senior ManagementThey need to start caring more for their employess versus their backpockets. Very poor management style.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Made great money and learned a great deal about financial industry.

    Anonymous Employee (Former Employee)

    ProsGreat people to work with. You can make a lot of money while also building your resume. Small company so moving up is easier than bigger firms.

    ConsFinancial Strength. Company is changing its business model so things are changing drastically. Insurance is very expensive.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good entrance into wholesale, even better exit to next career

    Anonymous Employee (Former Employee)

    Pros-Great people to work with.
    -Management relatively open to new ideas.
    -Decent pay for amount of work.
    -Great CEO

    Cons-Senior management too focused on process, not sale itself
    -Company lacks direction
    -Senior management's leadership style is to constantly use fear
    -The wrong behaviors/employees are too often rewarded

    Advice to Senior ManagementGet away from the wirehouse mentality. Your company's strength lies wiht the people in the field, and they should be treated as such.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
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    • Career Opportunities
    • Disapproves of CEO

     

    Vice President

    Vice President (Former Employee) Boerne, TX

    ProsGood Location in San Antonio(Boerne area)

    ConsTerrible managment. Focused on internal relationships and not the bigger picture

    Advice to Senior ManagementGet better understanding of employees job roles and what they do.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Corporate Culture is Questionable

    Management (Former Employee) San Antonio, TX

    ProsThe CEO is very dynamic. Good place to get some industry experience on your resume. If you are in sales the sales oriented culture could turn out to be a positive for you, everyone else from accounting to janitorial is treated like a second class citizen.

    ConsThe concept of accountability has metastasized into a serious blame culture at AAM. You will want to get your employment contract not only in writing but also reviewed by an attorney as there is a strong chance the sales culture of AAM will deliver a lot of promises and sales pitches during the interview process with little substance after you join up. The opportunity costs of working with a stronger employee grow oriented company may very high.

    Advice to Senior ManagementBe sure to make the accountability you seek in the staff be real and not based on politics, nepotism or project goals that had zero chance of ever coming to fruition.

    The IT Department used to be part of the secret formula. Hire an outside organization to help you understand who is really accountable for it's demise and do something real about it. The constant turnover in management is a very bad sign as is the loss of long term IT staff, most companies do everything that can to retain and grow long term technology staff rather that let or make them leave.

    Bring back the employee stock option plan and the employee and entrepreneurial culture the company used to have.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    • No Opinion of CEO

     

    Good place to work at

    Director (Former Employee) New York, NY

    ProsSmart People who have good market calls

    ConsInfighting between separate sales and trading groups

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Not the most organized but what entrepreneurial organization is?

    Anonymous Employee (Former Employee) San Antonio, TX

    ProsThis company is fast to make adjustments into new markets and take advantage of opportunities.

    ConsThere are way too many chiefs. SR management have no ability to plan and allocate resources to a new opportunity so they just throw a couple of people and some money at it and let it fail. You never know if your seen as a value adding employee and there is way too much gossip.

    Advice to Senior ManagementTake a business development or organizational structure course and start getting real about what resources are needed to make new ventures work. SCORE offers some great guidance here.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Decent place to work

    Anonymous Employee (Current Employee) San Diego, CA

    ProsGrowing a lot; opportunities for career growth

    ConsBenefits could be a little better

    Advice to Senior ManagementImprove benefits!

    Yes, I would recommend this company to a friend

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