153 Employee Reviews (View Most Recent)

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1 person found this helpful  

Enjoyable

Current Employee - Financial Advisor
Current Employee - Financial Advisor

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

Pros

Freedom 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

Cons

Compensation 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 ManagementAdvice

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

Other Reviews for Waddell & Reed

  1. 3 people found this helpful  

    Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous 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 to get started

    Advice to ManagementAdvice

    Should give a base pay to get started

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor  in  Jacksonville, FL
    Former Employee - Financial Advisor in 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 media.

    Advice to ManagementAdvice

    Allow the use of social media to market the products and the name and reputation of Waddell & Reed

    Recommends
    No opinion of CEO
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