Foresters Financial Reviews | Glassdoor

Foresters Financial Reviews

Updated May 18, 2017
309 reviews

Filter

Filter

Full-time Part-time

3.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
(no image)
Bill Lipkus
29 Ratings

309 Employee Reviews

Sort: Popular Rating Date

Pros
  • The training program for new financial representatives is state of the art and helps you start building your business from day one (in 24 reviews)

  • Good work - life balance; managers can be very accommodating (in 12 reviews)

Cons
  • No work/life balance, at least if you plan on being successful (in 16 reviews)

  • You will be pressured to sell to friends and family (in 13 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (15)

    "Portland/Beaverton Office"

    Star Star Star Star Star
    • Culture & Values
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Foresters Financial full-time

    Pros

    The office environment is very close-knit and family-like, and the management team is full of genuinely good people who want to see you succeed. The training program for new financial representatives is state of the art and helps you start building your business from day one.

    Cons

    You absolutely must be driven, hard-working, and a genuine entrepreneur to succeed in this career. There's no way to coast in this job, but the harder you work at it the bigger the rewards are.


  2. "intern"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Flo, TX
    Current Employee - Anonymous Employee in Flo, TX
    Recommends

    I have been working at Foresters Financial part-time

    Pros

    Good environment, comfortable motivated drive

    Cons

    Hard work sometimes very strict


  3. Helpful (1)

    "Intern"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Inter in Edison, NJ
    Former Employee - Inter in Edison, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Foresters Financial (More than a year)

    Pros

    Great people who truly want to see their interns succeed.

    Cons

    Could offer more exposure to newcomers.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Put in your hours, just like successful Lawyers/Doctors do"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Management in New York, NY
    Current Employee - Management in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Foresters Financial full-time (More than 10 years)

    Pros

    Paid what you are worth, supportive management, base salary, licenses are paid for by the company, great company/office culture

    Cons

    You really will not get paid to sit around and do nothing, you have to work for every dollar you make

    Advice to Management

    Continue to hire the right people, build your offices with great people/hard workers


  6. Helpful (3)

    "Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Internal Wholesaler in Minneapolis, MN
    Current Employee - Internal Wholesaler in Minneapolis, MN

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

    Pros

    Great environment, people, culture and informative

    Cons

    Not as flexible with schedule, too busy at times,

    Advice to Management

    Hire more people!


  7. "Financial Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Dublin, OH
    Former Employee - Financial Representative in Dublin, OH

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

    Pros

    There is a great opportunity to help people and make a substantial amount of money in the long run.

    Cons

    Generally, it is going to be a constant grind for 2-3 years before you start to see a rise in income and you are never not working.


  8. Helpful (1)

    "Financial Service Representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Service Representative in Tampa, FL
    Former Employee - Financial Service Representative in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    It has a good training program, friendly staff, and open door policy.

    Cons

    Don't allow enough time for growth


  9. Helpful (2)

    "Requires Work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Representative in New York, NY
    Former Employee - Sales Representative in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good work environment and colleagues

    Cons

    Sales based, so you have to put in a lot of work


  10. Helpful (3)

    "Company has heart but leaves much to be desired"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Desk Jockey in Edison, NJ
    Former Employee - Desk Jockey in Edison, NJ
    Negative Outlook
    No opinion of CEO

    I worked at Foresters Financial full-time (More than 3 years)

    Pros

    Company values are strong, supportive hr team and co-workers, New Jersey based job (nice to not huff it to NYC)

    You get a half day off for your birthday which is nice.

    Cons

    Where to begin. First the benefits package is borderline terrible. 401k has extremely high internal fees and you're only offered mutual funds through their Own mf company (first investors). Also there is only 2 open enrollment periods to enroll. Cost for healthcare is high. 9 hour work days. Technology is an absolute mess. Spotty internet connection, no access to benefits online (everything is on paper)

    Advice to Management

    Invest in your company and your people


  11. "Financial Services"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Young office culture & vibe

    Cons

    Biased management
    Lack of transparency
    Lack of communication between management
    Not clear during interview process the duties of the job

    Advice to Management

    Give equal opportunities.


Showing 309 of 363 reviews
Reset Filters