First Trust Portfolios L.P. Reviews | Glassdoor

First Trust Portfolios L.P. Reviews

Updated October 16, 2017
20 reviews

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4.1
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Mark Bradley
4 Ratings

20 Employee Reviews

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  1. "Internal Wholesaler"

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

    I have been working at First Trust Portfolios L.P. full-time (Less than a year)

    Pros

    Great colleagues, great products and firm resources to open the door for a dialogue with advisors.

    Cons

    A lot of different responsibilities, all of which are important and it can be difficult to get them all done each day.

    Advice to Management

    You are running one of the best firms in the business, keep it up.


  2. "Enjoyable Workplace"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Current Employee - Software Developer in Wheaton, IL
    Current Employee - Software Developer in Wheaton, IL
    Recommends

    I have been working at First Trust Portfolios L.P. full-time (Less than a year)

    Pros

    Great work environment
    Great co-workers and manager
    Good work-life balance
    Good benefits (healthcare, subsidized lunches, etc.)
    Great values

    Cons

    Below average pay (and 401k matching)
    A bit of "not invented here" syndrome
    Exclusive use an older programming language (Delphi)

    Advice to Management

    Don't pay software developers the same way you pay salespeople, PMs, etc. That is, increase base pay and don't make compensation subject to the company's success in the market since that is not a good measure of software productivity

  3. "Good job not for me"

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

    Pros

    Solid Company with strong morals and lots of work

    Cons

    Too conservative for me and where i was in my life at the time.

    Advice to Management

    COntinue what you are doing.


  4. "Analyst"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends

    I have been working at First Trust Portfolios L.P. full-time

    Pros

    Great benefits, like health insurance. Great work-life balance. Can be flexible.

    Cons

    Some technology seems slow and out of date.


  5. "Good Place to Work"

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

    I worked at First Trust Portfolios L.P. full-time

    Pros

    Good work-life balance, good healthcare, and, in my case, a good manager

    Cons

    While internal tools were good, suffered from not invented here syndrome


  6. "Fantastic place to work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at First Trust Portfolios L.P. full-time

    Pros

    Great work life balance and fantastic healthcare benefits.

    Cons

    Low company match on retirement plan compared to others in the industry.


  7. "Good Place to Finish a Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Lombard, IL
    Current Employee - Software Developer in Lombard, IL

    I have been working at First Trust Portfolios L.P. full-time (More than a year)

    Pros

    It's a great family atmosphere. The pay is a bit low for the industry, but quite generous for the workload. You work 7.5 hours a day, and have moderate autonomy. So, the work-life balance is wonderful.

    Cons

    The bulk of their software is written in the obscure language Delphi. They aren't necessarily open to new creative ideas. They know their niche and are sticking to it.

  8. "Very Good Place"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Easy going and relaxed, yet still very full of learning and opportunity.

    Cons

    Sometimes mundane work makes the day go by slow.


  9. "Great, Happy Place"

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

    Pros

    The company did a really good job of balancing work and life. Overall, the people are friendly and the company is well run. From a competitive standpoint, their ability to respond to advisers' needs is impressive. From an IT standpoint, the company is A+. I really only have positive things to say about the company.

    Cons

    I don't have any major complaints. Overall, my time there was mutually rewarding. The sales-driven culture might be a strength, as well as a weakness.

    Advice to Management

    Basically, it's what I said before look to the long-term and be prepared to embrace investment vehicles that might cannibalize current sales.


  10. "Good Internship Opportunity"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Great learning experience
    Excellent employee retention
    Good place to work

    Cons

    Some of the work was not always the most interesting


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