Navisis Financial

  navisisfinancial.com
  navisisfinancial.com
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Navisis Financial Reviews

9 Reviews
2.9
9 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Jack F. Bruscianelli
7 Ratings

Employee Reviews

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  1.  

    Tough but rewarding.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Stock Broker Trainee  in  Chicago, IL
    Current Employee - Stock Broker Trainee in Chicago, IL

    I have been working at Navisis Financial full-time for more than a year

    Pros

    Excellent Training, Aggressive Marketing, Solid Contacts, Fast Paced work environment

    Cons

    Work can be stressful at times, deadlines and quotas are rigorous. Salary is not as high as it could be.

    Advice to ManagementAdvice

    Increase compensation for trainees and offer more incentives.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Company Took care of me

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Stock Broker Trainee  in  Chicago, IL
    Current Employee - Stock Broker Trainee in Chicago, IL

    I have been working at Navisis Financial full-time for more than a year

    Pros

    - Gave me work right out of college
    - Trained me really well
    - If you have good people skills,nothing should stop you from getting clients with this company backing you

    Cons

    - Politics
    - 2 year minimum

    Advice to ManagementAdvice

    Throw the little guy a bone from time to time. But great job on yearly integration.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    good to get your foot in the door

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Executive Trainee  in  Chicago, IL
    Current Employee - Investment Executive Trainee in Chicago, IL

    I have been working at Navisis Financial full-time

    Pros

    Good place to get licensed. Get a little training. Not as intense and stressful as some of the other firms. Laid back. They WANT to keep you.

    Cons

    They don't have a very good reputation online. A LOT of cold calling required of you. Not. Best training and education. Not most trustworthy people.

    Advice to ManagementAdvice

    Get bad reviews off the Internet to increase reputation.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Awesome place to work if you are willing to work HARD

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Broker Trainee  in  Chicago, IL
    Former Employee - Broker Trainee in Chicago, IL

    I worked at Navisis Financial full-time for more than a year

    Pros

    Great rewards, great contacts, solid guidance, gives you the REAL understanding of the industry. I saw ALOT of complainers and whiners saying the compensation didn't correlate to the amount of work put in... like we may have been working minimum wage.

    Think about this company this way. This of it as a residency program in Medicine. The pay isnt much, the hours are crazy, but in the end you get crazy amounts of knowledge in the industry.

    Cons

    Pay is slightly less, Long Hours, Competative

    Advice to ManagementAdvice

    Offer a higher starting salary

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Fast paced, entertaining business.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Broker Trainee  in  Chicago, IL
    Former Employee - Broker Trainee in Chicago, IL

    I worked at Navisis Financial full-time for less than a year

    Pros

    Fast paced, lots of potential to move up if you perform well, intensity, everyone wants to do as much business as fast as possible, secretaries are all very nice and sweet

    Cons

    Bosses don't understand the meaning of the word "trainee." They should be in training to be a stock broker instead of being thrown out to fend for themselves. The pay is awful.

    Advice to ManagementAdvice

    Slow down and analyze the trainee program to better implement changes and produce good brokers.

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

    Trainee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Stock Broker Trainee  in  Chicago, IL
    Former Employee - Stock Broker Trainee in Chicago, IL

    I worked at Navisis Financial full-time for less than a year

    Pros

    -Competitive & potential for success if you drink the punch and put in the hard work
    -Fast pasted environment.

    Cons

    Fast growing firm with hard working people, but similar to other smaller firms they struggle to maintain new brokers due to lack of support.
    -High turnover rate.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8.  

    Overworked, underpaid, only the bad apples survive.

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

    I worked at Navisis Financial full-time for more than a year

    Pros

    You get to work downtown and it is a step in the door to starting off as a stockbroker. You will get a few tools to help you invest for your clients and there are no quotas to meet aside from your daily goals. The new trainees always breath fresh life into the office.

    Cons

    Long hours for very little pay until you are licensed. Very stressful, especially when the numbers are down. The atmosphere in the office is full of bar talk and very unprofessional.

    Advice to ManagementAdvice

    Anyone can be a great stock broker with the right opportunity and without being berated. Help the younger guys and give them more security after they get licensed. You can't expect everyone to succeed when you only give the phone appointments to one broker on the floor. Make sure that employees aren't abusing drugs or alcohol while on the clock and handling appointments for the unlicensed guys.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Terrible, worked well over 65 hours a week including Saturdays for minimal pay

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

    I worked at Navisis Financial full-time for less than a year

    Pros

    Worked with guys your own age, they start with a group of guys that are all at the same level of knowledge

    Cons

    Cut throat business, took advantage of their customers, dont work there

  10.  

    Think twice before committing to this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Specialist  in  Chicago, IL
    Former Employee - Investment Specialist in Chicago, IL

    I worked at Navisis Financial full-time for less than a year

    Pros

    A good place to learn a good amount about the markets. They offer some good tools that help when making investment decisions. There are a few senior advisors who are very smart and willing to help.

    Cons

    They have an extremely bad reputation in and around Chicago. There are a number of corrupt and uneducated senior advisors that I would never trust with my money...hence the bad reputation. They do not offer health insurance, 401(k) plans, or competitive compensation. They only pay a salary for 4 months and then they expect you to be able to make it on your own. One of those months is spent studying for the 7 and 63, so if you dont pass you have to wait another month. The bad reputation makes it nearly impossible to get clients, because as soon as the Google Navisis a bunch of negative things come up.

    Advice to ManagementAdvice

    Extend that draw, take some money out of your own pocket and treat the trainees better. If you want to play in the big leagues when it comes to investment companies you have to pay. Until you start investing in the junior guys more, the attrition rate will stay very high, and Navisis will stay a joke of a company. Its 2012, and acting like its 1990 is not getting your company anywhere. Get the fools who churn and burn accounts out of there and hire some honest people.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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