North Star Resource Group Reviews

Updated July 8, 2015
33 reviews filtered by
  • Any Location
  • Any Job Title
  • Full-time
  • Part-time
Employment Status

Reset
4.4
Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Phillip C. Richards
11 Ratings

33 Employee Reviews

Sort: Popular Rating Date
  1. Featured Review

    Great Experience/Company/Culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in San Diego, CA
    Current Employee - Financial Advisor in San Diego, CA

    I have been working at North Star Resource Group full-time (More than 3 years)

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

    Pros

    Independence Mentoring Program Advisors are happy to help one another creating a positive abundance mentality Focused on Medical and Attorney Markets Flexibility to make your own schedule High payout percentages compared to competing financial companies

    Cons

    Difficult to start in the career lots of cold calls if you don't already have a network to prospect In the beginning you are over worked and under paid, and as years go on you will be under worked and overpaid


  2. Helpful (2)

    Lack of Leadership

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

    I worked at North Star Resource Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

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

    Cons

    Office dynamics made it a unberable place to work.

    Advice to Management

    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.


  3. Helpful (3)

    Be prepared to pay to work!

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

    I worked at North Star Resource Group

    Doesn't Recommend
    Doesn't Recommend

    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 Management

    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!


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (3)

    Awful place to work

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

    I worked at North Star Resource Group full-time

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    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 Management

    Look in the mirror and slap yourself.


  6. Helpful (1)

    No Structure, No Support, No Success

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

    I worked at North Star Resource Group full-time

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

    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 Management

    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.


  7. Helpful (4)

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

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

    I worked at North Star Resource Group

    Doesn't Recommend
    Doesn't Recommend

    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 Management

    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


  8. Helpful (1)

    .

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

    I have been working at North Star Resource Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Complete discretion over hrs worked.

    Cons

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


  9. Helpful (2)

    Big promises - not much else

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

    I worked at North Star Resource Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    You get a good base knowledge of the industry, but if you are interested in doing the investment side of things, go elsewhere - North Star expects you to peddle insurance first with the rest of their "comprehensive" advice coming second. Also, you get no salary. So if you are considering a career here, have about 5-7 months of your expenses saved up

    Cons

    Management doesn't give you the support you need to succeed. They will answer questions, sometimes - but if you are supposed to have something done and don't know how to do it, do not expect management to take the time to teach you. They could care less - you are replaceable to them.

    Advice to Management

    Take the time to recognize and support those individuals that will succeed. Practice what you preach - if you are going to tell your advisers to be organized and respect other's time, they will expect you to do the same


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

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

    I worked at North Star Resource Group (Less than a year)

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Supportive staff and basic training programs

    Cons

    Very dated and high pressure to sell.

    Advice to Management

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


  11. Helpful (3)

    Happy to be gone

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

    I worked at North Star Resource Group

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

    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 Management

    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?



Showing 33 of 45 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.