There are newer employer reviews for Waddell & Reed
There are newer employer reviews for Waddell & Reed

See Most Recent

Helpful (4)

Wonderful Company. So glad in 2008 that I was here.

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Contractor - Financial Advisor in Brea, CA
Current Contractor - Financial Advisor in Brea, CA
Positive Outlook
Approves of CEO

I have been working at Waddell & Reed as a contractor (More than 10 years)

Pros

Self employed. Minimums are low/reasonable. Pay structure is excellent. They provide office and phone, copy machine and fax, receptionist and manager for a cut which saves me a lot of time but still gives me freedom to punch my own clock and build my practice.

Cons

Compliance. Very anal about Finra and never having a lawsuit. Sometimes poor managers that are not good leaders or trainers.

Advice to Management

Send EVERY manager to Circle. They need the relationship and exposure to W&R. So supid to leave them home and then expect them to bond with the culture.

Other Employee Reviews for Waddell & Reed

  1. Internship was easy busy work that the advisors did not feel like dealing with

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Intern in Hartford, CT
    Former Intern - Intern in Hartford, CT
    Doesn't Recommend
    No opinion of CEO

    I worked at Waddell & Reed as an intern (Less than a year)

    Pros

    You get an idea of how competitive and intense their work field is as they have to gain clients and sell in order to get paid through commission.

    Cons

    Did not learn as much as I wanted to and the advisor did not spend much time with the interns.


  2. Helpful (3)

    A rather depressing experience.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Intern in Riverside, CA
    Former Employee - Intern in Riverside, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Large company, high growth of salary opportunities

    Cons

    The people in the office just didn't seem very smart. Oily salesman ethos all over the place. Disconnect between the people who create the funds and those who are recommending them.

    Advice to Management

    Create a nicer work environment both physically and in regards to the human capital.


There are newer employer reviews for Waddell & Reed
There are newer employer reviews for Waddell & Reed

See Most Recent

Work at Waddell & Reed? Share Your Experiences

Waddell & Reed

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.