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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Recommend to a friend
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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.  

    Hard work, great culture, long term rewards

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

    I have been working at North Star Resource Group full-time

    Pros

    Great culture and co-workers.
    Independence of owning your own business, flexible schedule.
    Freedom to build your practice however you envision it.

    Cons

    Takes a lot of hard work and long hours to build successful practice.
    Very unstable compensation for the first few years
    If you need someone to watch over you and tell you what to do then this career is not for you.

    Advice to ManagementAdvice

    Pay your staff more - we've got great administrative support but they aren't compensated as well as they should be.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 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
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  5.  

    A very rewarding career after a lot of hard work

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

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

    Pros

    You have the opportunity to run your own business and have true job security
    Flexible work environment and schedule
    Incredible upside income potential which is limited only by your own motiviation
    Great culture and very supportive management

    Cons

    It's very difficult to get started and it can take years to build a successful practice.
    Very long hours and low pay during the first few years (up to 3 years)
    You constantly face rejection and skepticism as not everyone appreciates the work that you do.
    You can't just try this career on for size. It's just too tough and you will fail. It requires a great deal of persistence and vision to succeed in this business.

    Recommends
    Positive Outlook
  6. 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
  7.  

    Work Hard, Play Harder

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Client Relationship Coordinator in Philadelphia, PA
    Current Employee - Client Relationship Coordinator in Philadelphia, PA

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

    Pros

    Great company culture within small business
    Mentorship affective in helping to learn the business
    Great sales experience and great jump start on filling your funnel to build clientele at an early stage
    Sky is the limit

    Cons

    Cold calling is main part of the job and can become tedious at times
    Have to face rejection every day
    Small hourly wage, but pay is based on performance
    Long work weeks are a norm, most full time employees work 70-80 hrs per week in the earlier stages of their practice

    Recommends
    Positive Outlook
  8.  

    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
  9. 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
  10.  

    Great Internship Experience

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

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

    Pros

    A lot of access to Sr. Management. You get a good luck at what a full-time position at the company is really like. It is very possible to get a job offer after the internship program is finished.

    Cons

    Not a lot of variety in the internship program. It mostly entails doing the same thing (data entry) day-after-day.

    Recommends
    Positive Outlook
  11.  

    It's always a learning experience.

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

    I have been working at North Star Resource Group

    Pros

    They work with you. The portland branch is growing and presents great opportunities for the broad minded. The people are friendly and great to work with.

    Cons

    Communication between the branch offices is not always great. I believe this is mostly because NorthStar is a fairly large comany.

    Advice to ManagementAdvice

    Hire another staff member. The staff needs a little help, even if it is just one person at part time.

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