GMS Group Reviews

Updated July 7, 2015
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3.3
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Michael Callahan
3 Ratings

13 Employee Reviews

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  1. The GMS Group is a great professional brokerage firm!

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

    I worked at GMS Group full-time (More than 5 years)

    Pros

    I love working at the GMS Group as an account executive in Municipal Bonds . The GMS Group provides a great working environment with very knowledgeable fixed income specialist. I would recommend this company to any broker looking for longevity in the industry. They provide all the tools needed to be successful.

    Cons

    Cold calling is never fun, but it must be done.


  2. Poor experience

    • Work/Life Balance
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at GMS Group

    Pros

    The office building was really nice, same with the area in Jersey City. That's about all the pros I can think of.

    Cons

    No formal training, no clear communication for how/when you will be taking and completing specific licensee requirements, little to no mentorship

    Advice to Management

    Take the time set up a clear timeline of progress for entry level employees. Set aside time to thoroughly train them and prep them to become a successful broker. Only real advice I ever received was to "read"


  3. Broker at the GMS Group

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

    I have been working at GMS Group full-time (More than 3 years)

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

    Pros

    Professional environment filled with individuals who know the Municipal bond business. The company provides great leads and is nationwide, with offices in Florida, New Jersey and Texas. While studying for the Series 7, GMS provides all the tools needed to pass the exam.

    Cons

    There's not that much time off


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  5. I work at the GMS Group full time.

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

    I have been working at GMS Group

    Pros

    Pleasant place to work. The company’s focus is on Municipal bonds and is a full range broker dealer. Management shows solid leadership by sharing their ideas with brokers on how to grow their business.

    Cons

    No Dental or Vision Insurance


  6. Working here was un-expected!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at GMS Group

    Pros

    Its a pleasure to work here, the management was very kind. The interview went smooth, they never gave me a hard time while it was my first day of work. I learned a lot of new things and new skills when I was there.

    Cons

    They are a little strict on the working hours.

    Advice to Management

    More time on giving extra company activities. Preferably to new employees.


  7. Helpful (1)

    Great place to get started in financial advisory and telesales.

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

    I worked at GMS Group full-time (More than a year)

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

    Pros

    Working here provides a good Work-life balance, benefits, good commission structure, relatively low fees. Its a great place to learn how to cold call and learn about fixed income investing.

    Cons

    Some of the things I think were setbacks to the company were their limited investment options, and I felt they needed to do more marketing and advertising.


  8. Helpful (1)

    unsatisfying

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

    I worked at GMS Group full-time (More than 3 years)

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    good location, friendly,can not think of more

    Cons

    promotions, time off, compensation, environment


  9. Helpful (1)

    Very bad management - They lied to me - Said they had million dollar producers -LOL! Morr like 60K producers if that

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bond Broker in Jersey City, NJ
    Current Employee - Bond Broker in Jersey City, NJ

    I have been working at GMS Group full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice building good location in jersey with a great view of nyc. But that doesn't make up for a dismal company and management.

    Cons

    Horrible leads - All cold calling - Not stimulating, No support, Tiny base pay that they take out of your commissions anyway - watch out for these liars!

    Advice to Management

    I would advise the company to not lie to employees about earning potential, and certainly don't lie to potential candidates about earnings especially when you are giving them a base that you then take out of their commission. Essentially the company is looking for cold callers - Not real bond brokers.


  10. Helpful (1)

    Sold building materials

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales in Richmond, VA
    Current Employee - Sales in Richmond, VA

    I have been working at GMS Group

    Pros

    great place to work at!

    Cons

    Vacation - not enough given in first year

    Advice to Management

    more incentives


  11. Ignorance is not a bliss.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bond Broker
    Current Employee - Bond Broker

    I have been working at GMS Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    To learn how to sell Municipal Bonds. It is a pretty good place to start if you do not have series 7 yet. They pay you 2k per month, and let you pass exam.

    Cons

    Very poor leads. Management vs Stake Holders struggle. Systematic unprofessional behavior is ignored by both management and Stake Holders.

    Advice to Management

    Need transition from paper work age to electronic age as far as communication is made in operational and lead generating systems.



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