Ayco Reviews | Glassdoor

Ayco Reviews

Updated December 12, 2018
180 reviews

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2.6
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Larry J. Restieri
16 Ratings

Employee Reviews

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Pros
  • "very good working environment and gain the knowledge of Goldman Sachs" (in 20 reviews)

  • "Can be a comfortable work environment and decent pay" (in 14 reviews)

Cons
  • "Tax season is brutal with mind numbing work and long hours" (in 18 reviews)

  • "Pay increases are weak, until you get to account manager" (in 15 reviews)

More Pros and Cons

  1. Featured Review

    "Great starting job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Ayco full-time

    Pros

    Great learning environment. They put a lot into educating employees.

    Cons

    Can be hard to find a career path depending on where you start in the company.


  2. "Inter"

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

    I worked at Ayco full-time (More than a year)

    Pros

    Fun learning environment for young interns

    Cons

    The pay could be better

  3. "Financial Planner-Financial Counseling"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Planner-Counseling in Albany, NY
    Former Employee - Financial Planner-Counseling in Albany, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Ayco full-time (More than 3 years)

    Pros

    The training is second to none. Hands down the best in the business, or at least was. Being a financial “Coach”, as they are currently branded, is a fantastic opportunity to build your technical skills and strengthen your soft skills. Play your cards right and there are opportunities within Ayco which can provide more of a career path. They people there are great, too.

    The benefits are alight. The medical insurance offering are sub par, 401k is par, paid time off is above average.

    Cons

    There is no such thing as upward mobility, therefore no one can blame the person next to him when the motivation lacks after a year or so. The communication between senior management and the majority is non existent as well. Hit lack of transparency among management is one of the large drawbacks and often times kept the greater population in the dark.

    Historically, promotions are based on tenure, which is claimed to be subject to change going forward.

    This is an ideal entry level job, but as with most large employers, there are major issues in this division.


  4. "Ayco"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Latham, NY
    Former Employee - Director in Latham, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Location, challenge, teamwork, collaboration, opportunity

    Cons

    Work/life imbalance, work expectations sometimes unrealistic, nepotism


  5. "Good place to worn"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Ayco full-time

    Pros

    Benefits, work environment, career growth opportunities

    Cons

    Long hours during busy seasons


  6. "Intern"

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

    I worked at Ayco part-time

    Pros

    Good 1st internship, looks good on resume

    Cons

    Pay, management style, did alot of administrative work

    Advice to Management

    Be better


  7. Helpful (1)

    "You must conform"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Ayco full-time

    Pros

    Tons of learning opportunities with in office seminars and webinars throughout the work week.

    Cons

    Racist culture, cut throat, and no work life balance for new employees.

  8. "Not bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Saratoga Springs, NY
    Current Employee - Anonymous Employee in Saratoga Springs, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Ayco full-time (More than a year)

    Pros

    Great people. Interesting work.

    Cons

    Pay could be more or compensation

    Advice to Management

    No probs w mgmt. pay could be better


  9. Helpful (3)

    "A Good First Job and Nothing else!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Irvine, CA
    Former Employee - Financial Analyst in Irvine, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Ayco full-time (More than a year)

    Pros

    Great if you’re new to the industry
    Good helpful people in Irvine office
    Fun play area with pool and ping pong outside the office
    Decent PTO
    Good learning opportunity about tax and personal finance for the first 1-2 years.
    Can get your series 7/66 or even mba/cfp if you want to stick around

    Cons

    Underpaid and overworked
    Archaic processes, technology and mentality
    Pto is decent but you are frowned on taking it
    Tax season is brutal with mind numbing work and long hours
    Mind numbing work and you stagnant after 1-2 years
    Poor morale
    Excessively strict regarding compliance and security
    “Account manager” is the holy grail but it’s a facade.
    If you become an account manager you will travel constantly, deal with archaic processes and hate your life
    They say things are improving but not much is being done

    Advice to Management

    Encourage work life balance. Honor employees who work hard with raises. Fix your archaic outdated ways and stick true to your word.


  10. "Fairly straightforward job, not difficult, great job with getting you fully trained."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Analyst in Latham, NY
    Current Employee - Operations Analyst in Latham, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Ayco full-time (Less than a year)

    Pros

    People are very friendly and caring. Everyone is willing to work with you to get you to understand how everything works. Lots of different opportunities to learn.

    Cons

    Most systems are pretty outdated with no real updates in sight.

    Advice to Management

    Updates to the databases and how things are logged would greatly increase efficiency