Lincoln Financial Advisors

www.lfaonline.com

Lincoln Financial Advisors Reviews

Updated January 2, 2015
Updated January 2, 2015
28 Reviews
3.8
28 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Bob Dineen
11 Ratings

Employee Reviews

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  1.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in Edison, NJ
    Former Employee - Financial Analyst in Edison, NJ

    I worked at Lincoln Financial Advisors

    Pros

    Worked in wealth management. You can set your own pace, but your pace and dedication determines your client base and thus your salary. Plenty of responsibility given to interns. Advisors review your work so you end up receiving plenty of feedback.

    Cons

    Very independent advisors that do not leverage each other. Not the best place to start, many of the brokers/advisors there transferred to LFA to benefit from better commission structure.

    Advice to ManagementAdvice

    Foster internal relationships

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Office climate not the best

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

    I worked at Lincoln Financial Advisors

    Pros

    I was an intern at LFA and the experience wasn't that bad but nothing thrilling at the same time. Had some meaningful tasks as well as the general office work.

    Cons

    Depends on who your supervision is, but mine did not really listen to my feedback or opinions.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Advisor Assistant - Review and Insight

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

    I have been working at Lincoln Financial Advisors

    Pros

    Good office moral, culture is positive and the people are great to work with. Schedule is pretty good, typical 9-5 with free time available when necessary.

    Cons

    Working for an advisor, you're paid by the advisor. My pay is below industry average, with no benefits. Platform is a little behind as far as technological advances and user friendliness.

    Advice to ManagementAdvice

    Benefits would be nice.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Intern

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Advisors

    Pros

    Exposure to many advisors, access to research

    Cons

    Low pay, infrequent meaning work

  6.  

    Planner Assistant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Planner Assistant in Phoenix, AZ
    Current Employee - Planner Assistant in Phoenix, AZ

    I have been working at Lincoln Financial Advisors part-time (more than a year)

    Pros

    Scheduling can be flexible, depending upon the planner you work for. There is a good amount of work-life balance, and it seems like the planners are treated well. Training is really good for planner assistants, especially at this RPO office. Management is really helpful and easy to direct questions to.

    Cons

    Lots of different paperwork processes to keep track of, and depending on how busy your planner is it may be challenging to juggle many projects or tasks at once. You will be employed through the planner, not necessarily Lincoln.

    Advice to ManagementAdvice

    Develop universal, easy to access training materials for planner assistants, as it is quite common for CFP's to have assistants.

    Recommends
    Positive Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    First stop for career

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

    I worked at Lincoln Financial Advisors full-time (more than a year)

    Pros

    I learned a lot about the finance industry and was given the opportunity to become licensed while working there.

    Cons

    No room for growth and very large turnover, especially in management roles. No one was trained well and you had to rely on yourself and other's around you to learn your job. People with very little experience or licensing were awarded management positions.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    The experience I gained at Lincoln Financial Advisors has been incredibly valuable in finding other jobs.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Representative Intern in Edison, NJ
    Former Employee - Financial Representative Intern in Edison, NJ

    I worked at Lincoln Financial Advisors as an intern (more than a year)

    Pros

    The company is flourishing and has a great system set up for it's financial advisors. You learn so much while simultaneously helping others gain peace of mind when they look to invest their life savings.

    Cons

    Being a financial advisor in general is a very difficult career because you are not salaried. You have to make your own salary, which can either be excellent, or dangerously mediocre.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Great company to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Paraplanner in Jacksonville, FL
    Current Employee - Paraplanner in Jacksonville, FL

    I have been working at Lincoln Financial Advisors full-time (more than 3 years)

    Pros

    Good rapport with co-workers
    Compensation is fair

    Cons

    Feel a bit like a glorified secretary
    Advancement opportunities limited

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Good for experienced advisors

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

    I have been working at Lincoln Financial Advisors full-time (more than 3 years)

    Pros

    Great broker dealer platform.pay is higher than the wirehouses. Emphasis on financial planning

    Cons

    Stay far away if your trying to build a book or just a new advisor....you are on your own and the only help is by bringing a senior advisors on a case you opened up. Work in an office where all advisors are running there own practice. No emphasis on putting teams together.....you are on your own to try build a book.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Great place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Lincoln Financial Advisors

    Pros

    Great people, great place. Obviously don't know at other offices, but overall the company culture is outstanding.

    Cons

    Nothing to complain about. Overall, it is a great company

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