First Investors Financial Services Reviews | Glassdoor

First Investors Financial Services Reviews

Updated Jan 29, 2020

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2.8
44%
Recommend to a Friend
62%
Approve of CEO
First Investors Financial Services Chairman, President, and CEO Tommy A. Moore Jr. (no image)
Tommy A. Moore Jr.
25 Ratings
  1. Helpful (2)

    "Company for the desperate and despondent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Funding Analyst in Katy, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at First Investors Financial Services for less than a year

    Pros

    - Opportunity to learn about the subprime market of automobile lending - Decent training and help available in learning most job functions - A few nice supportive people

    Cons

    - If you have any type of college degree, you're too smart to work here. Most of the people are lower-middle class high school graduates and it's pretty obvious from their work ethic and lack of manners/morals. - Technology is backward. They still use paper files!! Processes are slow and inefficient and most people, management included, don't know what they're doing. - Communication is poor. When problems occur, people just try to find scapegoats. - This company had a million dollar lawsuit filed against them because they weren't reporting customers' payments to the credit bureaus, which was resulting in these customers credit scores not being updated correctly.

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    First Investors Financial Services2015-07-12
  2. "Good job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Representative in San Diego, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Investors Financial Services full-time for less than a year

    Pros

    Teaching company. Welcoming environment. Great bonuses

    Cons

    No social life at first but worth it. Pay is decent. Series 6 test hard.

    First Investors Financial Services2015-06-03
  3. "Loans"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at First Investors Financial Services

    Pros

    Great place to work. Casual dress code. Good group of employees.

    Cons

    The company plays "favorites" with employees. Low salaries when the company make changes.

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    First Investors Financial Services2015-04-29
  4. Helpful (2)

    "Loan Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Loan Officer in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at First Investors Financial Services full-time for less than a year

    Pros

    Flexible schedule, decent overtime during peak seasons.

    Cons

    This job doesn't require any education. I recommend someone that's just getting out of school with no experience to get the decent pay for a recent college graduate. No growth, lack of training, lack of resources, poor communications, 401K is horrible, no long term growth, no employee stock options, work almost every Saturday andvsimetime Sunday's. No educational or health promotions.

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    First Investors Financial Services2015-01-10
  5. Helpful (1)

    "Not much room for advancement."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Inventory Coordinator in Atlanta, GA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at First Investors Financial Services full-time for more than 3 years

    Pros

    The employees you work with are nice. A job with this company is okay if you simply need a job while you look for something else.

    Cons

    Low pay, micromanagement. Little room for advancement unless you are someone's favorite.

    First Investors Financial Services2014-10-22
  6. "Great learning experience but stressful."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Bankruptcy Specialist in Atlanta, GA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at First Investors Financial Services full-time for more than 5 years

    Pros

    Benefits are plentiful and recently the company has integrated a learing tool called FIFS (First Investors Financial Services) University for its employees to continue in their learning abilities to progress in their current role. The purpose of FIFS develops a learning organization that acquires the knowledge and core competencies that will sustain competitive edge and optimal performance.

    Cons

    Not enough team building to keep team members motivated and activated. Opportunites for advancement are politically inclined and limited.

    First Investors Financial Services2014-04-23
  7. "Career Setback"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Customer Service Representative in Edison, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at First Investors Financial Services full-time for less than a year

    Pros

    Good job if your just looking for something to pay the bills while you look for a better job

    Cons

    Lied to about the job description. Basically a Call Center with paperwork on top of that. The management is terrible and don't have a good method to train new employees. Very hard to advance. The mangement prefers to keep people where they are. Pay is highly undervalued.

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    First Investors Financial Services2013-08-13
  8. "Small Company with Big Problems"

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

    I worked at First Investors Financial Services full-time for more than a year

    Pros

    Located in the Galleria Area

    Cons

    No advancement opportunities and favoritism shown to certain employees

    First Investors Financial Services2013-05-16
  9. Helpful (1)

    "Dissapointing"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Services Representative in Renton, WA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at First Investors Financial Services full-time for less than a year

    Pros

    -Quick hiring process -Potential high income -Good benefits -Set up so you start fairly quickly -They put a strong emphasis on training

    Cons

    -Way too corporate. You can't email people unless your boss approves it first -Dishonesty in the interview process. Don't call yourself a "financial services" company when your primary goal is life insurance -100% commission -Force you to use your LinkedIn page as a First Investors -Their "draw" program. My boss said they would loan out money for people starting out that you didn't have to pay back. I later learned they would be taking it out of your future paychecks. A blatant lie -I had to memorize 4 pages word for word for appointments

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    First Investors Financial Services2013-02-28
  10. "Job was very difficult"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Financial Representative in San Diego, CA
    Doesn't Recommend
    No opinion of CEO

    I worked at First Investors Financial Services

    Pros

    They have some classes for training and try to help the best way they can

    Cons

    You have to pay for your own testing. Mangament takes part of your comission even though it is your own client.

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    First Investors Financial Services2010-08-23
Found 55 reviews