First Investors Corporation Reviews

Pros

I started with First Investors straight out of college 10 years ago, and have recieved the best training possible for my entire career. I find tremendous reward in the relationships I've built in my office and with my clients. I've been able to advance professionally and have been very well compensated. I work very hard when I'm at work, but I enjoy the flexibility and income to travel, as well as spend time with my family.

Cons

This is a career that requires a tremendous amount of hard work at the beginning. The training program is very good, however there is a lot of responsibility placed on a representative to actually follow it and implement it. A person has to be very self motivated to be successful.

Advice to Senior Management

Keep the lines of communication open, it is appreciated that management cares about us.

Pros

The people, the products and the enviroment are all things that make a career. After 20 plus years, I have no regrets.

Cons

Getting started building a new business is a challange no matter where someone attempts to do so. First Investors is no different. If you have the desire to succeed, you will. If you don't, you won't.

Advice to Senior Management

Continue to engage in open and honest communication, no matter if it comes from the CEO to the masses or from a new employee to a supervisor.

Pros

Flexibility between career and family life, unlimited income opportunities, excellent work enviornment with a family atmosphere, no regrets over a 16-year career

Cons

Getting your business started takes a lot of time, hard work and committment. You must be dedicated in order to succeed in this business.

Advice to Senior Management

The best advice would be to continue bettering the communication between management and the representatives in the offices. Communcation is very important in this business.

Pros

Make a positive difference in people's financial lives. Build my own business with the support and training program behind me. Have the abliilty for substantial income based on my performance and not based on politics or tenure. Great work atmoshpere and a tremendous ethical environment.

Cons

Hardest thing I have ever done in terms of learning new things and how to build a business. Took a lot of patience and determination but paid off very nicely in the long run.

Advice to Senior Management

More lead time to the field force and communication before clients are notified of a change coming.
Continue to update training and make more available online for ease of access.

Pros

Freedom, flexibility, manager is funny. You get to choose your own schedule. You have 1.5 hr lunch break. There are extensive training at the beginning.

Cons

Sometimes, manager can be the source of distraction. He wants to motivate the whole off because that week, 5 people quit at the same time. There is no based salary. Funds performance are not good. Hard to sell...

Advice to Senior Management

Please offer based salary and more resource to young financial representatives. When you dont provide anything to them, it is very hard to do business.

Pros

Good support, quality leadership, decent training

Cons

Pay structure. Strictly commission makes it hard to survive initially. There is a small "draw system" but you have to pay that money back.

Advice to Senior Management

Have a base salary!

Pros

The company seems very enthusiastic about the work they do. They all have their own work and ideas, and it seems very social.

Cons

There is no base pay. They were pretty vague about that too. It reminded me of when I got scammed in a pyramid scheme as well.

Advice to Senior Management

I have none so far. I'm new to the work.

Pros

Great management staff and other representatives. Everyone was really helpful and supportive and overall a fantastic environment to work in. Ability to earn more as your level of effort increases.

Cons

Long hours initially as you need to locate/prospect for your own client base. Lots of time on the phone talking to prospective clients.

Advice to Senior Management

Management was great within and above our office. Plenty of assistant managers who were very knowledgeable and helpful. Held weekly one on one meetings with office manager to dissect client meetings, answer any questions, or just vent if need be.

Pros

I feel that the training is second to none in our industry. I had no prior experience working in the financial services industry before I started with First Investors. The management team within my office was extremely helpful in teaching me how to be very successful while helping my clients achieve their financial goals. I have friends that tried to work at other companies in the industry and the training was nothing like what it was here. I also love the people that I work with, they are an extention of my family. I really appreciate the compensation structure because it allows me to get compensated based on my hard work and talent instead of based on my years of service. I also appreciate the fact that we are growing and this has allowed me to get started in management training in just my 2nd year with the company.

Cons

It is a lot of hard work in the beginning. This career is very similar to starting a business without all the startup costs and overhead that are usually associated with startig a business. People that are not hard working will not end up with a successful career, those that are hard working will typically feel the rewards 10 fold in the long run.

Advice to Senior Management

Continue creating and producing top notch products, tools, and services for the representatives to utilize in helping our clients reach their financial goals.

Pros

Client based organization that always puts their clients first. Quality products that fit the needs of nearly any individual you may come across.

Cons

Although it is a client based company they may want to consider their workers first. NO BASE pay and dont listen to what they say your weekly salary must be paid back.