Financial Services of America Reviews | Glassdoor

Financial Services of America Reviews

Updated September 13, 2017
57 reviews

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3.9
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Financial Services of America President Richard James
Richard James
41 Ratings

57 Employee Reviews

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Pros
  • The family first culture encourages me to be there for my wife and kids anytime they need me (in 5 reviews)

  • Family oriented work place; Positive atmosphere; Liked the environment so much I have recommended several people into the company as well (in 3 reviews)

Cons
  • I was let go after almost a year while another assistant got to stay after 7 months because she is getting married to one of the agents (in 3 reviews)

  • The turnover rate is about 100%, no one has been there for more than 2 years or less than 7 (in 2 reviews)

More Pros and Cons

  1. Helpful (1)

    "Evolutionary, DOL prepared!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Warren, MI
    Current Employee - Account Executive in Warren, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Services of America full-time (More than 3 years)

    Pros

    It's fitting that I review my employer as I've worked for FSA for over three years now. In that time I've seen a lot of innovation and positive changes over the years. Now with the DOL, it has served us to be adaptable to change as we now are fully prepared and compliant with the new DOL rules. That's pretty impressive for a company our size to work so long, hard, and feverishly to get to this point. I'm proud of this company and know it's a great fit for me and my family and know it would be a good fit for new Account Executives as well.

    Cons

    I have nothing to really complain about. Good job!

    Advice to Management

    As we evolve and change, don't ever lose sight of the amazing values this company holds. I hope it's always a dynamic and exciting place to work like it has been for me during my career with FSA.


  2. Helpful (1)

    "Life everything in life, it's what you make of it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Administrative Assistant in Warren, MI
    Current Employee - Executive Administrative Assistant in Warren, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Services of America full-time (More than 5 years)

    Pros

    I really enjoy that I can approach the CEO and discuss things that trouble me. He is quick to work out solutions with me the make me better as a person and the company better by his actions. He does listen and contrary to some that say otherwise, he does take his people very seriously and wants to see them grow and develop. There is no where near the turnover I've read about here. In fact, there is quite a bit of longevity in positions. I'm personally working on my sixth year and have no intention of leaving.

    Cons

    The liars that are disgruntled and put out false statements about this company. I have a family that relies on the successes we all put forward and these vindictive individuals don't consider telling more of the truth instead they would rather mess with the livelihood of a hundred hard workers in this company. It's a shame.

    Advice to Management

    Keep up the good work. I value that my voice is heard and that you accommodate my scheduling needs.

  3. Helpful (4)

    "Amazing leadership"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Agent in Warren, MI
    Current Employee - Sales Agent in Warren, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Services of America full-time (More than a year)

    Pros

    The most uplifting environment with the highest level of integrity that I've ever worked for.
    Opportunities to grow and embrace a learning style that is not typical in most companies.
    When they say family first they really mean it.
    Amazing opportunity to build your own business and still be part of the team.

    Cons

    You must love people and be a person of the highest Integrity to be able to thrive in this environment.

    Advice to Management

    Continue to do what you're doing....thank you for this amazing opportunity to grow with a
    company who values people first, family and provides excellence in service to every family we have the opportunity work with.
    Looking forward to our future endeavors.


  4. Helpful (2)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Warren, MI
    Current Employee - Account Executive in Warren, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Services of America full-time (More than a year)

    Pros

    This is the best company I've ever worked for.
    Positive atmosphere with a very large number of employees that have been there for a long time and still keep the same attitude with helping new employees be the best they can be.
    The CEO is a person that has been there to help me and others way past what would be considered as the norm. I will work for this company till I retire no doubt about it.
    I honestly can't say enough to put this into perspective.

    Cons

    I don't know how we could improve anything that has not already been addressed and in process of improving or solving

    Advice to Management

    Thank you keep up the great Work. Always remember the position we have to positively impact people's lives on such a high level


  5. Helpful (2)

    "Best company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Executive in Roseville, MI
    Current Employee - Account Executive in Roseville, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Financial Services of America full-time (More than a year)

    Pros

    FSA offers great training and one-on-one mentorship. I have worked for several sales organizations and have finally found my home. It's challenging work and not for everybody, but I encourage anyone with drive who is teachable and hungry to give it a try. I have learned so much and met some amazing people and formed friendships I can truely say will last a lifetime. The work is rewarding. You get to have fun, make money, and make a difference in people's lives. The daily training classes are excellent! you can learn something in the morning and apply it that afternoon. As I learn more, and get better, so does my paycheck! Having children means plans can change in an instant. The family first culture encourages me to be there for my wife and kids anytime they need me. I love the company gatherings and my family looks​ forward to seeing our work family at these fun events. It's a big company with a small family business feeling. In the words of our CEO, I hope to see you at the top!

    Cons

    Anyone who's worked in sales knows your office is your car, and here is no different.

    Advice to Management

    Keep up the great work! The company is growing and that is encouraging to someone wanting to grow with it!


  6. Helpful (1)

    "Chance of a lifetime"

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

    I have been working at Financial Services of America full-time (More than 5 years)

    Pros

    There are so many "pros" though a couple of the ones that stand out to me are, opportunities to take care of my family on a moments notice without ever having to ask anyone for permission.
     I also have a very flexible calendar that lets me go to sporting events, kids concerts, and any vacation that I would like to take.
     I have an opportunity to make unlimited money if I put my mind to it.

    Cons

    If I had to say a "con" it would be that I "only" get 5-6 leads a day. If I want more and I treat the leads like gold I would like the chance to have more. 7-8 would be ideal.

    Advice to Management

    Maybe one less class a day so I can get my paperwork turned in and on the road on time.


  7. "not the "best place to work" as the award states"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Financial Services of America full-time (More than 5 years)

    Pros

    you get a check every week

    Cons

    the award "best workplace" was awarded because the employees do not fill out the surveys; management does

    Advice to Management

    how do you sleep at night

  8. Helpful (1)

    "Don't waste your time "Family Friendly" means NOTHING!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Administrative Assistant in Warren, MI
    Former Employee - Administrative Assistant in Warren, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Financial Services of America full-time (Less than a year)

    Pros

    I did work with some very nice people. When I had to get my sick child from school they were mostly understanding

    Cons

    If you aren't a member of their inner circle you won't have your job for long. I was let go after almost a year while another assistant got to stay after 7 months because she is getting married to one of the agents. I was also conveniently let go less than 2 weeks after telling management I was pregnant, how that for "family friendly."

    Advice to Management

    Drop the act and stop lying to employees.


  9. Helpful (1)

    "Stay Away"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Account Executive
    Former Employee - Account Executive
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Financial Services of America full-time (More than a year)

    Pros

    I can't think of one thing that I liked. The best part was when I was gone.

    Cons

    Everything! They go through employees very quickly. They promise that you will make a lot and dont. When you do make sales they do not reimburse you for what they claimed you would get. If you quite or get fired before you can repay your "draw" payment they will take legal action to get it back. They were the worst company that I ever worked for. Please do not work here. I worked hard and put 150% into every day.

    Advice to Management

    Pay people like normal companies and stop using a "non-profit" as you way to get in the door for your sales people to sell. Be honest!


  10. "FSA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Financial Services of America full-time (Less than a year)

    Pros

    Great daily training for job success

    Cons

    It is a draw against commission and commission pay takes a very long time to be paid. Not very warm leads at all.

    Advice to Management

    Allow for more technological processes


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