Foresters Financial - It Takes a Certain Kind of Person to be Successful | Glassdoor
There are newer employer reviews for Foresters Financial
There are newer employer reviews for Foresters Financial

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Helpful (4)

"It Takes a Certain Kind of Person to be Successful"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Services Representative in Detroit, MI
Current Employee - Financial Services Representative in Detroit, MI
Recommends
Positive Outlook
Approves of CEO

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

Pros

Hands on management
Healthy yet very supportive competition
Can pay very well
Learn something new everyday
Gain a lot of experience in a short period of time
Meet new clients everyday
Very straight forward promotion schedule

Cons

Need to solicit new business though they do give house accounts
You need to put in a lot of time to be successful
You have to be extremely self-motivated and determined
You have to want to be there and work hard everyday
Very sink or swim but management will help in anyway possible if you ask (more of a pro)
The first year is the hardest
Unpaid training
Takes a while to start making money

Advice to Management

Bring more structure and depth to training

Other Employee Reviews for Foresters Financial

  1. Helpful (5)

    "Must be willing to work 12 hour days and weekends."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Registered Representative in Seattle, WA
    Former Contractor - Registered Representative in Seattle, WA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at Foresters Financial as a contractor (Less than a year)

    Pros

    Goal orientated, no cap on how much you can make, flexible schedule.

    Cons

    You have to make a very large investment of your personal assets and time before seeing any results after a few years.

    Advice to Management

    Less empty promises and be more upfront about the workload and costs.


  2. Helpful (1)

    "It was not my best experience."

    Star Star Star Star Star
    • Career Opportunities
    • Comp & Benefits
    Former Contractor - Financial Services Representative in Syracuse, NY
    Former Contractor - Financial Services Representative in Syracuse, NY

    I worked at Foresters Financial as a contractor (Less than a year)

    Pros

    Ethical company with a lot of good products.
    Friendly people and office environment.
    Unlimited income potential as with many financial companies.

    Cons

    Pure commission makes it tough to get started.
    You have to generate your own leads for the most part.
    Too much micromanagement on the part of branch managers.

    Advice to Management

    There should be some kind of base pay or a training stipend at the very least.
    More support for reps with respect to finding leads.


There are newer employer reviews for Foresters Financial
There are newer employer reviews for Foresters Financial

See Most Recent

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