National Financial Partners

  www.nfp.com
  www.nfp.com

National Financial Partners Reviews in Austin, TX

Updated July 23, 2014
Updated July 23, 2014
25 Reviews
3.0
25 Reviews
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Douglas W. Hammond
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11 Employee Reviews Back to all reviews

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  1. 3 people found this helpful  

    Fine Leadership, Passion, Quality, and Caring - NFP is the next Best Places to Work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Project Manager in Austin, TX
    Former Employee - Senior Project Manager in Austin, TX

    I worked at National Financial Partners as a contractor (less than an year)

    Pros

    It was a joy to work in the Austin office, especially under the fine leadership I had (Marketing/Communications), and I would recommend it to anyone that can fit in. I say that because the company has high standards for competency, professionalism and there is definitely a close-knit family culture there. Across the company it was clear that they really take care of each other. Leadership strongly discouraged gossip/negativity and instead coached the team(s) on working together, building each other up, taking ownership of their work and never settling for mediocrity. Plus, everyone I met in the company was FUN, passionate about the quality of their work, and true professionals.
    Leadership takes your recommendations for company growth and improving processes seriously. Work/life balance and compensation is extremely fair, if not above average, and there is continual opportunity for training and growth. I wouldn't have left if I hadn't been accepted into the police academy and was making a 180 degree career change. NFP exceeded my expectations – I could see it being a next best places to work!

    Cons

    I can't think of anything I would warn others about. This is a great company!!!!

    Advice to ManagementAdvice

    Keep doing what you're doing.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Good, laid-back environment - monotonous work for interns

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Broker Dealer Compliance Intern in Austin, TX
    Former Employee - Broker Dealer Compliance Intern in Austin, TX

    I worked at National Financial Partners as an intern (less than an year)

    Pros

    The employees were nice and welcoming from the start, and they really did care about input from the interns. We were often included in meetings we weren't needed for just so we could learn more about the industry. We were also given the opportunity to meet with each member of upper management for short get-to-know-you meetings, which was really great and made us feel like a real part of the company.

    Cons

    Although we were interns, the projects we received were pretty monotonous and not particularly value-additive. One of my most monotonous projects was so large it lasted the entire span of my internship. When completing these types of projects, it wasn't always clear that it would even be useful to the department, which got a bit frustrating at times.

    Positive Outlook
    Approves of CEO
  3.  

    Terrible Culture, Worthless Management, Very Little Growth Opportunities.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Specialist in Austin, TX
    Former Employee - Operations Specialist in Austin, TX

    I worked at National Financial Partners full-time (more than 3 years)

    Pros

    Easy job, very little expectations.

    Cons

    Terrible management, worthless executive team, not very profitable so little room for growth

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5.  

    Flexible but severely underpaid

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

    I have been working at National Financial Partners full-time (more than an year)

    Pros

    Okay benefits. Management is good depending on what department you work in. Co-workers are great from my experience

    Cons

    Pay- they severely under pay you! I mean - 15/20K less than national average for the amount of work.

    Work load in way to high. Not able to work overtime to meet the unrealistic expectations.

    Don't want to invest in their employees growth and development.

    Cover your back - while everyone is nice, they will throw you under the bus in a heart beat!!!

    Advice to ManagementAdvice

    Wise up! If you do not pay competitive wages you will continue to lose people.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Lack of good managers and career opportunities

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

    I worked at National Financial Partners full-time

    Pros

    Good work-life balance, but strict clock-watchers
    Pay for FINRA licenses, but only if you 'need' them to perform your job
    Friendly coworkers, even if they were unqualified at times

    Cons

    Lousy pay, and little opportunity for promotion until someone retires or quits
    Very little communication and collaboration between departments
    Managers don't want to do the work, just sit in the office and look busy

    Advice to ManagementAdvice

    Get rid of the dead weight managers and VP's
    Support and develop your high performers
    Paying a little more will bring in much better employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7.  

    A good start but not enough growth opportunity

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

    I worked at National Financial Partners full-time (more than 3 years)

    Pros

    There are a lot of really nice people there who will allow you to take on new projects and responsibilities if you ask for it. Work-life balance is good compared to other companies. They pay for you to get numerous FINRA licenses.

    Cons

    Unless you are willing to wait 5 to 10 years for someone to retire or move on, there isn't much growth opportunity. Certain managers are dead weight and allowed to stay that way, which really impacts morale.

    Advice to ManagementAdvice

    Ensure that everyone is held to the same standard and work on making opportunities for internal employees to move up.

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

    Proceed with caution if in the IT sector

    Former Employee - Anonymous Employee in Austin, TX
    Former Employee - Anonymous Employee in Austin, TX

    I worked at National Financial Partners full-time (more than an year)

    Pros

    Decent building (gym, onsite cafe) - Flexibility scheduling

    Cons

    Low pay, minimal training in my IT role, bad/no middle management, lots of GED types mixed in with educated, sharp workers doing the same gig

    Advice to ManagementAdvice

    Interact with your non-direct reports, spend money to retain and acquire talent

    Doesn't Recommend
    Disapproves of CEO
  9. 2 people found this helpful  

    Good company overall but could use some work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX

    I have been working at National Financial Partners

    Pros

    Reasonable pay, benefits, really good people, flexible schedule, small company means less red tape. Quicker policy and procedural changes when needed. Sr managers usually responsive to good ideas.

    Cons

    Too much disagreement between department leaders and executives. Senior executives care too much about numbers instead of people; they don't value knowledge and experience enough. Thinks people are easily replaceable and doesn't balance workload among managers. Not enough Positive reenforcement for great performance.

    Advice to ManagementAdvice

    Realize the importance of people; do not have unreasonable expectations; empower managers more. Quit over promising and under delivering to employees and advisors.

    Doesn't Recommend
  10. 2 people found this helpful  

    Limited promotions available, give title changes with no pay raise.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Austin, TX
    Current Employee - Anonymous Employee in Austin, TX

    I have been working at National Financial Partners

    Pros

    Flexibility in schedule and balancing home and work life.

    Cons

    Limited opportunities for advancement. Limited pay increases that do not match pace with benefit increases.

  11. 3 people found this helpful  

    Dead sea in technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Technology in Austin, TX
    Current Employee - Technology in Austin, TX

    I have been working at National Financial Partners

    Pros

    Very flexible hours. They pay good and the turnover is high so it's easy to move up if you can stand it. It's easy to shine if you are halfway decent at your job. They use the most recent technologies.

    Cons

    There is no training and not many experts to learn from so you are on your own as far as learning new stuff. Lots of dead weight in the staff so most of your coworkers are vampires. Management really doesn't care that everyone is unhappy. A lot of jobs have been moved offshore.

    Advice to ManagementAdvice

    You could do the same amount of work with half the people if you ditched the dead weight.

    Doesn't Recommend
    No opinion of CEO

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