Financial Engines Reviews

Updated June 30, 2015
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Financial Engines President & CEO Larry M. Raffone
Larry M. Raffone
7 Ratings

Pros
  • Very good pay with great work/life balance (in 6 reviews)

  • It feels good to build useful applications that help people plan their retirement (in 6 reviews)

Cons
  • Not allot of internal career growth opportunities (in 4 reviews)

  • Executive management and mid-level managers continue to lie to the average employee creating a false sense of career advancement (in 4 reviews)

More Pros and Cons

60 Employee Reviews

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  1. Helpful (1)

    Good experience

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Financial Engines

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Easily accessible, great people, relaxed environment

    Cons

    company size could have been bigger

    Advice to Management

    nothing on top of my mind


  2. Helpful (2)

    Great Place to work!

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

    I have been working at Financial Engines

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company is true to its mission and intends to remain an independent financial advisor to help people at all income levels successfully plan for and navigate their financials. There are a true team of experts here researching daily how to provide the best advise. Intensive training for advisors and certifications to ensure customer satisfaction and retention. The culture is changing, led by a newly appointed CEO committed to growth and a positive career experience for the people. The offices are beautiful, spacious and filled with snacks. People are very friendly, competent, and proactive. I see a

    Cons

    Technology roadmap is on track but some offerings in the mobile are delayed but seem to be moving forward well.

    Advice to Management

    Stay the course, continuing to empower AGILE and an open transparent culture, without getting too bogged down in concensus decisions.


  3. Helpful (1)

    Worked in Boston -- Great place to work with good pay in Sales

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales in Boston, MA
    Former Employee - Sales in Boston, MA

    I worked at Financial Engines full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I worked in Sales and highly respected upper management. Great group with a great work environment. Unfortunately they were running out of prospects due to the fact we were only competitive in the Jumbo market. Very good pay with great work/life balance. Understood people have family's

    Cons

    Company wont build a product for the Mid - Markets. The way the offering is set up it is only competitive in the Jumbo market.

    Office culture was very positive with great people

    Advice to Management

    Build a mid - market offering and expand sales force again.

    Build an app for Iphone's


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  5. Helpful (1)

    Good company for talented engineers and product managers

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Software Engineer
    Current Employee - Staff Software Engineer

    I have been working at Financial Engines (More than 10 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It feels good to build useful applications that help people plan their retirement.
    CEO and EVPs believe in the mission of the company and work to make it a success.
    Very flexible work environment.
    Nice office environment in Sunnyvale.
    Good opportunities for promotion for those with the talent and inclination to move into management.

    Cons

    Too much reliance on ancient legacy code that should have been rewritten years ago.
    Management appears to think passing tests = good code quality; not much interest in emphasizing maintainability, understandability, etc.
    We've been slow to adopt new practices and frameworks.
    The transition to Agile was brutal. Project deadlines were decided top-down based on business requirements same as before, but with a ridiculous amount of time wasted in Agile meetings.
    Pay and benefits are probably average or might be below average.

    Advice to Management

    Give us the time to clean up and modernize the code base.
    Do more to emphasize and reward best practices.


  6. Helpful (1)

    Great mission. Focus customer benefits. Lots of new strategic initiatives to focus on employee engagement

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Staff Engineer in Sunnyvale, CA
    Current Employee - Staff Engineer in Sunnyvale, CA

    I have been working at Financial Engines full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    1. Great company mission. One of the very very few financial services company that actually want to do good for the individuals. Helping them retire with peace.
    2. Good strategic changes to focus company strategy on customers and constantly improving customer experience.
    3. Lots of initiative to modernize the technology stack.
    4. Value the employees and focus on empowering and engaging employees.

    Cons

    1. Lots of legacy code
    2. Numerous legal implications and rigorous approval process slow down the speed of development.
    3. Not very competitive compensation.
    4. No free lunch.

    Advice to Management

    Keep up the good work. Increase the compensation if you want to retain top talent. Free lunch can be a nice perk.


  7. Connected -> Interviewed -> Got an offer. All in < 3 weeks !!

    • Career Opportunities
    • Comp & Benefits
    Current Employee - Software Engineer in Sunnyvale, CA
    Current Employee - Software Engineer in Sunnyvale, CA

    I have been working at Financial Engines full-time (Less than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Interview process is super fast!! Talked to recruiter over phone couple of times.. He quickly scheduled a phone screening with hiring manager and with the architect on the following day.. Called for an on-site in the following week!! Got the final offer in 2 days .. Negotiated on the same day and final offer letter on the next day.

    Everything happened in less than 3 weeks (No exaggerations). The Recruiter (Ronny Greer) was super fast in going through the process. No old school email exchanges. Directly call and text ! Also, Have not met a recruiter before who knows technical stuff required for the position in such details (and not just the names ;) )

    Company has a bunch of products which help people to retire with better financial position. To me it is important to work for a initiative to help people in some way through my work. Company has great past and promising roadmap ahead. I am really excited and eager to join :)

    Cons

    Cant find any at this point and hope I dont find any :)

    Advice to Management

    None at this point.


  8. Great Product with Great Vision

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

    I have been working at Financial Engines full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I feel it's a great product that can help people in their planning of money savings, that will help them in future.
    It was a great & quick interview process. Team and Recruiter very very supportive during the process of H1b transfer and shifting the joining date based on my availability.

    Cons

    Giving people tool for that future planning is a great responsibility.


  9. Great Environment, Great Team

    • Work/Life Balance
    • Career Opportunities
    Current Employee - Software Developer Intern in Sunnyvale, CA
    Current Employee - Software Developer Intern in Sunnyvale, CA

    I have been working at Financial Engines full-time (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good work environment.
    Good balance between work and life.
    No micro-management

    Cons

    None as far as I know.


  10. Helpful (1)

    Good Stable Company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Software Engineer in Sunnyvale, CA
    Former Employee - Senior Software Engineer in Sunnyvale, CA

    I worked at Financial Engines full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good Product and Services
    Management has a future vision
    Great Work life balance
    Family oriented company

    Cons

    Salary less than market rate

    Advice to Management

    Keep up the good work just increase some salaries please :)


  11. Helpful (2)

    Can you find heaven on earth in a job? Well, YES!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Portfolio Analyst in Sunnyvale, CA
    Current Employee - Senior Portfolio Analyst in Sunnyvale, CA

    I have been working at Financial Engines full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    FE has a wonderful balance of academic theory and real life application. It's wonderful to have a job in finance where you know the organization is really trying to help people (small or big account). You can sleep well at night. There are high standards here, great managers, top management is really accessible, incredible work life balance, and you don't have to wear a suit to work. The work is engaging and the culture is just plain happy. No big egos here. FE is the best place to work at.

    Cons

    The main office is in Sunnyvale.



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