Diversified Investment Advisors Reviews | Glassdoor

Diversified Investment Advisors Reviews

Updated September 6, 2017
17 reviews

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3.9
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Peter Kunkul
9 Ratings

17 Employee Reviews

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  1. "Before merger"

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

    I worked at Diversified Investment Advisors full-time (Less than a year)

    Pros

    Great company to work for.

    Cons

    There were no real Cons


  2. "Okay Experience"

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

    Pros

    Great Training program with helpful staff and middle management. Pay was on the lower end, but had many incentive contest and bonuses to help balance lack of base salary.

    Cons

    Lack of Professional Growth opportunities, base compensation was extremely low. There was a high degree of turnover so the office culture was ever changing.

    Advice to Management

    Pay people what they deserve.

  3. "Diversified Investment Advisors (now Transamerica Retirement Solutions)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in San Francisco, CA
    Former Employee - Administrative Assistant in San Francisco, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Diversified Investment Advisors full-time (More than 3 years)

    Pros

    DIA was a good company to work for. Good culture, great people and good benefits. People are hard worker yet knows how to have a good time.

    Cons

    For a while management didn't know where they were going. They let go of some of their clients when they did not meet the company's parameters based on their assets. When the company lost revenue, they laid off a lot of their employees and made the remaining ones take on the extra work. No career ladder for support staff, only Sales People.


  4. "started great but ruined by an incinsiderate employee that management didn't deal with properly"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Customer Care in Purchase, NY
    Former Employee - Customer Care in Purchase, NY
    Recommends
    Approves of CEO

    I worked at Diversified Investment Advisors full-time (More than 3 years)

    Pros

    Great training, provided food during busiest times

    Cons

    Too much noise and distractions in the callcenter area

    Advice to Management

    If an employee complains about another employee being too loud and distracting and it is impacting a good employee negatively do something other than punishing the employee with bad reviews because the distraction and noise is not allowing them to work to their potential


  5. "Great Company"

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

    Pros

    Great people great company

    Cons

    I don't have any cons


  6. "I enjoyed it very much despite having to deal with growth pains of the company."

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

    I worked at Diversified Investment Advisors full-time (More than 5 years)

    Pros

    Growth potential. Fair amount of autonomy.

    Cons

    Bureaucracy made doing my job difficult at times.

    Advice to Management

    Make it a point to get to know remote employees.


  7. "Great company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Management
    Current Employee - Relationship Management
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Diversified Investment Advisors full-time

    Pros

    Great place to work; access to senior management; good work/family balance

    Cons

    Growing quickly, but responding to growth with technology solutions

  8. "Asi, Asi...Middle of the Road"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director Client Service in Newton, MA
    Former Employee - Director Client Service in Newton, MA
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at Diversified Investment Advisors full-time (More than 5 years)

    Pros

    Flexible Schedule, work from home. Good CFO and President, they are both great leaders but they lack the same leaders in the middle management ranks. You can learn a great deal here! I met some real knowledgeable old timers with 20+ plus years of ret. Industry of exp. most of whom were not in management, but should have been, they are the true backbone of the company and could crank out back office work and were great with clients. I leaned from them and moved on.

    Cons

    Middle Management is totally incompetent. Lots of patronage in the home office, many promotions based on ability to be in the right clique. Some people work from home all the time and others not granted the right too. Management provides little guidance, it’s a good place to fly below the radar. Account Executives and Sales Reps look good in suits but have very little practical industry knowledge. A good place to get 5 years industry exp and get out. Low paying in many regional offices to the extent that many employees have 2nd jobs. The consulting offices were better compensated according to regional economies of scale. I understand now a full subsidiary of Transamerica, which may be a good thing organizationally.

    Advice to Management

    Deside what you want to be when you grow up. A niche player with marginal systems will only be a vaible option in the managed outsourced business until about 2020. After that you business model will no longer be cost effective.


  9. "Started out as an okay gig, but soured"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Retirement Plan Specialist in Grand Rapids, MI
    Former Employee - Retirement Plan Specialist in Grand Rapids, MI
    Doesn't Recommend
    Neutral Outlook

    I worked at Diversified Investment Advisors full-time (More than 3 years)

    Pros

    As a field employee, there was little to no supervision. I was able to set my own schedule. The job provides a base salary and stability (uncommon in financial services).

    Cons

    No opportunity for advancement. Sales incentive program committed the cardinal sins of being capped and punishing success by raising sales goals. Anyone mildly ambitious will chafe.

    Management bent over backwards to keep clients happy -- and not in a good way. I was "sold out" on more than one occasion to unreasonable client demands.


  10. "Most people have been here a long time, which says great things about the work atmosphere"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Harrison, NY
    Current Employee - Anonymous Employee in Harrison, NY
    Recommends
    Approves of CEO

    Pros

    Good people, pay and benefits are fine, flexible schedules and work arrangements, nice to work close to Manhattan, but not in it.

    Cons

    Growing quickly and cutting staff cannot go on into eternity, invest more in the right place for the furture


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