North Star Resource Group

  www.northstarfinancial.com
  www.northstarfinancial.com

North Star Resource Group Reviews

Updated October 23, 2014
Updated October 23, 2014
31 Reviews
3.8
31 Reviews
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Phillip C. Richards
11 Ratings

Employee Reviews

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  1.  

    No Structure, No Support, No Success

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

    I worked at North Star Resource Group full-time

    Pros

    Managers are never present and you're able to make your own schedule. It's a great environment and culture but only for a select group of people.

    Cons

    Complete disorganization throughout the entire company, which causes employees at all levels to experience frustration and failures in some areas. Upper management is focused on bringing in only a certain type of candidate and diversity is non-existent. Flagrant disrespect for women in private offices where HR representation is void.

    Advice to ManagementAdvice

    When failures occur within the company, take responsibility instead of passing the buck to those below you. Leadership, respect and success start at the top and trickle down.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Awful place to work

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

    I have been working at North Star Resource Group as an intern (less than an year)

    Pros

    The last day of the job. Learning that I don't want to work for them. Learning that not all companies are created equal.

    Cons

    Mislead during interview process, paid under minimum wage, flawed mentor / rewards system. Only paid 6.25 per hour. No appreciation was shown during the internship. It was a terrible experience. I would never recommend this place to a friend. If you are a halfway decent candidate take your skills else where to a company that will appreciate you and reward you for your skills. You literally cannot afford to pay rent the first 6 months after starting with North star.

    Advice to ManagementAdvice

    Treat your lower level employees better. They are you're bread and butter. Every intern should get a meal at the dinners if you are expecting them to attend. It's the little things that will help you recruit good talent and right now you are failing miserably.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Awful place to work

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

    I worked at North Star Resource Group full-time

    Pros

    The day I left that place.

    Cons

    Ponzi scheme structure. You bring two friends in, they each bring in two friends, etc. I feel horrible for their clients. Always getting slammed into highly commissionable life insurance products that don't make sense for their situation.

    Advice to ManagementAdvice

    Look in the mirror and slap yourself.

    Doesn't Recommend
    Negative Outlook
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  5. 3 people found this helpful  

    Be prepared to pay to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Advisor in Minneapolis, MN
    Former Employee - Financial Advisor in Minneapolis, MN

    I worked at North Star Resource Group

    Pros

    Unlimited salary, Flexible schedule, Good coworkers

    Cons

    The recruiters make it sound like unlimited salary is in your near future but you will absolutely not get paid more than $400-$500 for about six months. You are required to purchase your own training tools for $600 a pop and if you aren't making any commissions, they require you to pay that when you leave! Seriously- no salary, no benefits, no leadership. And when you do sell products or make commissions, they absolutely require you to cut in your "mentor" even though they do nothing. Their "mentors" are only still producing there because they take 50% of commissions from their new employees and can "mentor" up to 15 people at a time!

    Advice to ManagementAdvice

    If you want to continue to survive as an organization, you need to find some way to allow your people to make some kind of money! It was hard to sell life insurance to someone when I couldn't even afford to buy produce at the grocery store that week!

    Doesn't Recommend
  6. 2 people found this helpful  

    Lack of Leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Representative in Portland, OR
    Former Employee - Financial Representative in Portland, OR

    I worked at North Star Resource Group

    Pros

    Ability to study for Series 7&66 and Life and Health

    Cons

    Office dynamics made it a unberable place to work.

    Advice to ManagementAdvice

    Create a training program designed for newly grads and do not tell individuals to take out a personal loan of 50k to stay in this career.

    Doesn't Recommend
  7. 1 person found this helpful  

    .

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

    I have been working at North Star Resource Group

    Pros

    Complete discretion over hrs worked.

    Cons

    Very low pay for first few years, very low chance of surviving 3 yrs.

    Doesn't Recommend
  8. 4 people found this helpful  

    Mislead during interviews. Don't expect to make a penny at the job for at least the first month.

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

    I worked at North Star Resource Group

    Pros

    Young office with opportunity to move up if you have a lot of local contacts that want to buy life insurance policies.

    Cons

    Sent me a bill for business cards and long distance charges for a total of approximately $13 after I quit. Worked here for 3 weeks before I figured out my first paycheck wasn't in the near future. Was repeatedly told to find my own contacts and if I couldn't find any of my own to just cold call the white pages. Awful experience... The job ended up costing me money.

    Advice to ManagementAdvice

    Give better descriptions of what the work will entail before your new employees decide to make the decision to devote the next couple of years of their life to something that they may not make any money at

    Doesn't Recommend
  9.  

    The assistants are over worked, under paid and not valued.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in Minneapolis, MN
    Former Employee - Administrative Assistant in Minneapolis, MN

    I worked at North Star Resource Group full-time (more than an year)

    Pros

    The other team members are great people and offered support whenever you needed it. It was a good learning experience.

    Cons

    The upper management does not value the team members. They view them ad replaceable and lower than. The advisors are allowed to do whatever they want and treat their assistants however they please.

    Advice to ManagementAdvice

    Value the people that work for you. They make the day to day possible and keep your business running!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 2 people found this helpful  

    Happy to be gone

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

    I worked at North Star Resource Group

    Pros

    - Flexible Schedule for support staff
    - Received time off when I wanted/needed it
    - Fun enviorment
    - 1/3 of the Financial Advisors are fun, and bonus their support staff since the company decided to stop giving raises 5 years ago

    Cons

    - Management sucks
    - 5 year "raise freeze" for the staff even though the company was hitting "record high" numbers
    - No training program for new employees
    - There has not been a real Human Resouces contact for over 6 years
    - Management does not communicate with their staff on important matters

    Advice to ManagementAdvice

    If you want your employess to stay, and your advisors to be appy, try paying your staff more. They have given you many years of dedicated service, what have you given them?

    Doesn't Recommend
    No opinion of CEO
  11.  

    Ok... but you had better have a natural market to sell to

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

    I worked at North Star Resource Group (less than an year)

    Pros

    Supportive staff and basic training programs

    Cons

    Very dated and high pressure to sell.

    Advice to ManagementAdvice

    Provide a base salary for recent grads to get a start.

    Doesn't Recommend

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