Foresters Financial - Reap what you Sow. | Glassdoor
There are newer employer reviews for Foresters Financial
There are newer employer reviews for Foresters Financial

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Helpful (2)

"Reap what you Sow."

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

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

Pros

Working out of the office, genuinely helping people, flexible hours, you get paid to train, you are in complete control of your career, knowledge acquired is beneficial both professionally and personally.

Cons

Fluctuating pay based off of commissions, long hours,

Advice to Management

With a company growing so fast managers can be spread pretty thin. While it's an exciting time to become a part of First Investors, new representatives will find themselves having to rely on themselves in some new situations.

Other Employee Reviews for Foresters Financial

  1. "It was a good experience that could have been a lot better if corporate would review their training process."

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

    I worked at Foresters Financial full-time (Less than a year)

    Pros

    Paid for all licenses.

    Liked my co-workeres and the managers were very accessible and not intimidating.

    Cons

    The training period is 13 weeks long. In this time they expect you to get 4 different licenses and do a certain amount of business. This goal is unrealistic. Many people I trained with did not meet requirements due to not passing tests, which I blame on the substandard study materials provided. Those that did make it to become a financial representative quit because of unrealistic goals they were supposed to meet or they could not leave the office until 8:00 at night. Burn out is definitely a problem this company has and they should reevaluate this to become a more known company. They also pay you while you are training, but you only get minimum wage which is ridiculous for the amount of time and work you are expected to put in not only during normal office hours but after work hours as well.

    Advice to Management

    Reevaluate your training program and you could have a lot more success.


  2. Helpful (3)

    "If you are prepared to work a lot of hours, you can make a lot of money here"

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

    I have been working at Foresters Financial full-time (More than 3 years)

    Pros

    Company is changing with the times, more products are being offered, flexibility once you are established, high payouts on investments, many successful people to learn from

    Cons

    It seems that your flexibility is hindered by the company wanting to keep tabs on you no matter how 'independent' you want to be, however this tight structure is the reason for many people's success at the company. Investment options are slightly limited.

    Advice to Management

    Upper mgmt. does really care about your success and they offer many incentives, rewards, and other goodies to the reps that can meet certain qualifications.


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

See Most Recent

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