Cetera Financial Group Reviews

Updated March 24, 2015
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2.6
24 Reviews
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Larry Roth
2 Ratings

Employee Reviews

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  1. Amazing place to work. Very bright people who care about your career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in El Segundo, CA
    Current Employee - Anonymous Employee in El Segundo, CA

    I have been working at Cetera Financial Group full-time (less than a year)

    Pros

    Very smart people that deeply care about our clients (advisors). At a time of tremendous change, recent acqusitions have spurred growth! It's a financial services firm but knows how to also have some fun (happy hours, events, etc.) Casual dress (jeans).

    Cons

    Lots of change. Not a place for the someone who doesn't care to grow or wants to surf the net all day.

    Advice to ManagementAdvice

    Communicate a little more. With all of the change, be sure to share where the company is headed.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Teetering on the brink of disaster

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

    I have been working at Cetera Financial Group full-time

    Pros

    Decent benefits, you can wear jeans to work, and most employees seem to genuinely care about each other and support one another.

    Cons

    Constantly in a state of flux. It seems to get bought and sold every other year and leadership changes are just as frequent. The company is ridiculously understaffed yet employees who don't really contribute aren't held accountable. Salaries are on the low end, unless you're an executive with modest experience they overpay to join the company. The company is about to integrate other firms owned by its new parent company and the timelines for those projects are overaggressive and unrealistic. Career opportunities and upward mobility are minimal for a company this size.

    Advice to ManagementAdvice

    The place is on the verge of spinning out of control. Look, you have some great people there who genuinely care about doing a good job. But they are practically all burned out. Hold the underperforming and nonperforming employees accountable already! Psychologically, you have lost most of the good employees already. Most are looking to leave. If you have any prayer of retaining the talent that will get you through integration with the new parent company, you have to start recognizing them and fairly compensating them.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  3. Avoid this company at all costs. You do not want to work here.

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

    I have been working at Cetera Financial Group full-time (more than 5 years)

    Pros

    They say they are leaders in technology. They say they care about employees. Other than that I can't think of a single thing.

    Cons

    Will task you with huge projects and expect you to work tons of overtime (salaried, so no payback). You expect you'll be recognized during your review, but no. They don't care one bit. You should be happy to donate your time. Your review will be nit-picked and you'll get cost of living. They don't reward hard work, they reward their favorites. This is a complaint I hear from every department. The way tasks are assigned goes like this: "How much do you know about this subject?" "Next to nothing." "Good! You're our new expert!" Then they are surprised when it's not rolled out the exact best way possible. Even when you've been pushing for a new system for years, they finally implement it, and your boss will take all the credit. The company brags about being a leader in technology, but they're so far behind it's laughable. I was dinged on my previous reviews for not have a specific knowledge, I asked repeatedly for training on the subject. Denied. Then I get dinged for it on my next review. No on the job training, no formal training. You should just know how to learn things on your own. You'll even get things from two or more years ago brought up on your review. Even though it's never happened again (and wasn't my fault to start with). Be prepared to be stressed all the time, and get spit in your face during review time. Run, don't walk, run from this company.

    Advice to ManagementAdvice

    Stop the lip service. Everyone can smell the BS from a mile away. Put your money where your mouth is. This company is going to collapse under it's own weight. Middle management is worthless and can't handle the rapid growth.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
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  5. Drama seekers: this firm is for you!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Cetera Financial Group

    Pros

    If you can't say something nice...well there may have been a gem within the leadership team that I wasn't aware of; overall nothing nice to contribute during my time with this firm.

    Cons

    This firm is very keen on creating and sustaining drama. Communication was terrible and it was obvious that if you didn't drink the kool aid you weren't going to go far.

    Advice to ManagementAdvice

    Developing trust and creating a positive work environment for your employees would have be a great strategic initiative.

  6. This is a great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance in Saint Cloud, MN
    Current Employee - Finance in Saint Cloud, MN

    I have been working at Cetera Financial Group full-time (more than 10 years)

    Pros

    This is a great place to work!

    Cons

    Does not offer flexible work schedules to all employees

    Recommends
    Positive Outlook
    Approves of CEO
  7. Great supervisor

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

    I have been working at Cetera Financial Group part-time (less than a year)

    Pros

    Great supervisors who were willing to really teach you and help you in your career journey

    Cons

    Honestly, it was only a con because I realized I just don't want to go into the financial services industry

    Recommends
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful

    Blah

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

    I have been working at Cetera Financial Group full-time (more than 3 years)

    Pros

    Pay is pretty good -- paid better than a lot of other companies

    Cons

    No growth or promotion opportunity is available.

    Advice to ManagementAdvice

    Hire internally

    Recommends
    Negative Outlook
    No opinion of CEO
  9. Project Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Project Intern in El Segundo, CA
    Former Intern - Project Intern in El Segundo, CA

    I worked at Cetera Financial Group as an intern (less than a year)

    Pros

    Good, challenging and dynamic environment

    Cons

    Not a place to grow, so not a place for freshers.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10. A company focused on growth.

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

    I have been working at Cetera Financial Group as a contractor (more than a year)

    Pros

    Friendly work environment and community.

    Cons

    Employees are not the companies most important asset. They tend to hire from outside, so growth is difficult.

    Advice to ManagementAdvice

    Hire from within.

    Recommends
    Positive Outlook
    Approves of CEO
  11. 1 person found this helpful

    WORST EXPERIENCE

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in El Segundo, CA
    Former Employee - Analyst in El Segundo, CA

    I worked at Cetera Financial Group full-time (more than a year)

    Pros

    Give me a couple hours I may be able to come up with one, or maybe not

    Cons

    The managers and directors have no managerial or people skills

    Advice to ManagementAdvice

    Hire people that have personal skills and know how to manage

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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