Waddell & Reed

  www.waddell.com
  www.waddell.com
There are newer employer reviews for Waddell & Reed

1 person found this helpful  

Employee centric firm

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

I have been working at Waddell & Reed full-time (more than 5 years)

Pros

37.5 hour work week; great benefits; caring management

Cons

Lower salaries that aren't industry standard.

Advice to ManagementAdvice

Salaries should be more in line with industry.

Recommends
Positive Outlook
Approves of CEO

173 Other Employee Reviews for Waddell & Reed (View Most Recent)

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  1.  

    Caring staff, client needs are always put first. Lots of ways to make money with the company.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Bloomington, MN
    Former Employee - Financial Advisor in Bloomington, MN

    I worked at Waddell & Reed full-time (more than an year)

    Pros

    Solid Mutual Fund Management and frequent communication with Board Members

    Cons

    Bad use of "orphan's" lists...

    Advice to ManagementAdvice

    Develop an internal database for all W&R clients updated frequently and powerful!

    Positive Outlook
    Approves of CEO
  2. 2 people found this helpful  

    A small company compared to the competition with opportunities based on sales expertise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Tacoma, WA
    Former Employee - Financial Advisor in Tacoma, WA

    I worked at Waddell & Reed as a contractor (more than an year)

    Pros

    Good training, conservative values, with room for advancement. There are no boundaries as far as territory goes that would otherwise limit where you can do business. There are some exclusive products you can offer and home office generally looks over your shoulder to be a help.

    Cons

    Commissions and compensation in general is lower than the competitions'. Marketing efforts of the companies' products are heavily dependent on individual marketing efforts, so you don't have a household name so to speak as far as your products go.

    Advice to ManagementAdvice

    With a small company like this, you don't have to have so many chiefs and so little Indians. If you have production issues and concerns about advisors' activities, going through 'management' to get feedback on the situation only gives you the watered down version. With a minimally extra time investment you can get directly with the advisors. Get out of your ivory towers and mingle more.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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