There are newer employer reviews for CBG Financial Group

 

I wouldn't suggest working here

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Broker Trainee  in  Boca Raton, FL
Former Employee - Broker Trainee in Boca Raton, FL

I worked at CBG Financial Group

Pros

-decent series 7 book to study from.
-funny coworkers

Cons

- minimum wage salary to start off
- lack of financial knowledge and very risky investments
- you don't need a college degree to work here
- lack of leadership
- cold calling the entire day, you will do nothing else.
- no real training

Advice to ManagementAdvice

Diversify your investments
Better training program
Don't just focus on stocks, try bonds / options....etc

Doesn't Recommend

8 Other Employee Reviews for CBG Financial Group (View Most Recent)

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  1. 1 person found this helpful  

    Abusive hours, Boiler room, bad financial research.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Stock Broker Trainee  in  Boca Raton, FL
    Former Employee - Stock Broker Trainee in Boca Raton, FL

    I worked at CBG Financial Group

    Pros

    my co-workers were great. The environment is ok. And because it's a small company there is a bit of a team spirit

    Cons

    You will work under a senior broker who will pay you nothing and take your first 15 accounts entirely. Then for the next year or so you will share the profits of the accounts you bring in but the accounts will stay for your senior broker. So after ur done with ur 15 acc plus 1 to 2 years of partnership, you will start again from ZERO !!! it's abusive. Plus they have bad resarch. They will sell you a dream, exploite you and bank in all the profits.

    Advice to ManagementAdvice

    develop an educational system. Promote other marketing strategies aside from cold calling. Develop real Financial Advisors instead of telemarketers.

    Doesn't Recommend
  2.  

    Watch Boiler Room..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Junior Broker  in  Boca Raton, FL
    Former Employee - Junior Broker in Boca Raton, FL

    I worked at CBG Financial Group

    Pros

    high pay-out for established brokers
    nice co-workers
    will sponsor you for licenses (series 7 and series 63)

    Cons

    as a Trainee/Jr. Broker - long hours for meager pay amounting to less than minimum wage.
    boring "pound the phone" type work with no variety whatsoever.
    the firm is unknown and lacks credibility.

    Advice to ManagementAdvice

    broaden your horizons a bit and encourage your brokers to actually learn and understand finance, economics, and how the markets work. just sounding like you do isn't good enough.

    Doesn't Recommend
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