40 Employee Reviews (View Most Recent)

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pay isn't great, but the environment is relaxed enough to keep you onboard

Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at New England Financial

Pros

- friendly people in the office
- except for deadlines, there isn't too much work to do
- the agents range from 20s to 50s, all are knowledgeable

Cons

- they charge rent on agents that own offices/desks
- a bit strict on the break times [10min]

Advice to ManagementAdvice

don't be too cheap on the money.

Other Reviews for New England Financial

  1.  

    It's okay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Representative
    Current Employee - Financial Representative

    I have been working at New England Financial

    Pros

    Good training provided, good atmosphere, great place to work for established financial advisers. If you're a proven successful revenue driver, you'll be handsomely rewarded.

    Great place to start out at if you've got an already established network of people with disposable income and insurance needs.

    Cons

    Heavy emphasis on life insurance. Some emphasis on annuities, very little on investments/wealth management.

    Training is thorough and effective, but biased. Selling techniques emphasized. Life insurance is over-glorified. Agents are told to make the ethical decision, but they are not educated enough on anything outside of insurance and annuities.

    You'll be expected to setup meetings with literally everyone you know. aggressive sales methods encouraged.

    No one cares about the hours and work you put in. Management doesn't focus on development and long-term potential; it's all about maximizing revenue in the short term.

    Virtually all leads and marketing support are concentrated on veteran producers with a successful track record. No money invested into the development of new agents.

    Advice to ManagementAdvice

    Questionable business model will inevitably result in overly high turnover in the long-term.

    Doesn't Recommend
  2.  

    Over all good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at New England Financial

    Pros

    work enviroment was good and positive,

    Cons

    Training, management follow through could have been better.

    Recommends
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