Destination Wealth Management reviews

YCMNET Advisors prides itself on the culture and values it attempts to manifest and has these values of candor, integrity, respect etc. exhibited around the office. However, these values are missing from the interactions of the upper management towards its employees. The treatment of YCM employees is far below these values and creates an uncomfortable working environment. Furthermore, there is a pattern of 'sweeping under the rug' or hiding and disregarding unprofessional interactions and management behaviors; yet, the issues trickle down to create a disgruntled workforce, silently working to keep their job with concerns of whom may be treated this way in the future. Needless to say, job security is always in question. In addition, the management style is one of exceeding micromanagement tactics with lack of communication for the cause or effect. Office setting and interactions are contrived and include secrecy and whispering in it's open office setting. The organizational procedures are merely an attempt to be efficient, but are constantly changing due to lack of trust throughout the company; top to bottom. Primarily, integrity is highly questionable at YCMNET; and, ironically their business is entrusting one's personal investments with them.

Founder is extremely promotional and dictating. He contacted Glassdoor to have the bad reviews removed. Thank goodness Glassdoor is very open and real that it declined his request. As a wealth advisor, you might get slightly better pay than industry average but you don't have any power or say in what to invest for clients. That is why turnover is extremely high. Two of the biggest advisors left the company few years back, took 1/3 of the company's assets ($500m) away. As an analyst, you have 0 upside at Destination. Don't waste your time there. You are better off somewhere else. You won't learn anything from anyone. But if you are just looking for a 9 to 5 dead-end job, you should consider this place.