Waddell & Reed

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152 Employee Reviews (View Most Recent)

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1 person found this helpful  

Enjoyable

Financial Advisor (Current Employee)

ProsFreedom to make your own schedule. Managers are usually available to help if an issue arises that needs special attention. Ability to make as much money as you want

ConsCompensation is based soley on comissions. I didn't know that when I signed on to become a Financial Advisor. Wish there was some sort of base compensation to help get started.

Advice to Senior ManagementLimit number of new advisors that a manager can oversee. Their calendars fill up quickly and can be hard to get 1 on 1 training.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    3 people found this helpful  

    Advisor

    Anonymous Employee (Current Employee)

    I have been working at Waddell & Reed full-time for less than a year


    Pros: Enduring mutual Fund and nice people Cons: Hard to survive the first year, 100% commission, pay yourself… Advice to Senior Management: Should give a base pay to get started No, I would not recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Financial Advisor

    Financial Advisor (Former Employee) Jacksonville, FL

    I worked at Waddell & Reed full-time for more than a year


    Pros: Great family of mutual funds. Cons: Hard to deal with home office. Unable to use social… Advice to Senior Management: Allow the use of social media to market the products… Yes, I would recommend this company to a friend More
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