Foresters Financial Reviews | Glassdoor

Foresters Financial Reviews

Updated November 18, 2017
176 reviews

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Current Employees

3.6
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Michael Stramaglia and Sonia Baxendale
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176 Employee Reviews

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Pros
Cons
  • If you aren't a natural, work/life balance will suffer (in 20 reviews)

  • You will cold call or call all of your friends and family and that is really the hardest part of this business for newcomers (in 18 reviews)

More Pros and Cons

  1. "Great Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Seattle, WA
    Current Employee - Financial Services Representative in Seattle, WA
    Recommends

    I have been working at Foresters Financial full-time

    Pros

    The Seattle Office is great. Very supportive management, and the senior representatives always take the time to answer questions from newer reps. Family atmosphere.

    Cons

    In a commission based business, you must be able to hold yourself accountable.


  2. "Intern"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great Work Environement and Learning Experience

    Cons

    Less Exposure to Client cases

  3. "Foresters Fall Internship"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Intern - Student in Ann Arbor, MI
    Current Intern - Student in Ann Arbor, MI

    I have been working at Foresters Financial as an intern (More than 3 years)

    Pros

    Once a week 3 hour "internship", really a discussion, where you learn about financial services. Small time commitment, so I was able to do it as a full time student. Also small class, so I could ask any question and really dictate what we talked about.

    Cons

    No hands on experience. Also unpaid.

    Advice to Management

    Try to add hands on experience, such as going out on appointments with clients.


  4. Helpful (2)

    "Foresters Financial"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Foresters Financial full-time

    Pros

    Having the ability to help individuals, families & business owners get their finances in order, identify their goals and pave a path for them to get there day in and day the best part of my job. The support i received from my managers and the other advisers in the office has been the biggest reason for my success. The training is awesome!

    Cons

    This career is not for everyone. You must be truly dedicated to helping others first, have a determination for success and a work ethic that exceeds your peers. The training program provides everything you need for success its just a matter of taking advantage of it which not everyone has the drive to do.


  5. "Not for everyone"

    StarStarStarStarStar
    Current Intern - Anonymous Intern
    Current Intern - Anonymous Intern

    I have been working at Foresters Financial as an intern

    Pros

    There to guide you along the way

    Cons

    Want you to sell to family and friends


  6. "Terrible Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Services Representative in Seattle, WA
    Current Employee - Financial Services Representative in Seattle, WA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Great coworkers, easy entry level job.

    Cons

    Poor management, no training program for new representatives, terrible work environment, no work-life balance, no benefits.

    Advice to Management

    If the only way to learn the job is through failure, you need to reconsider your training program.


  7. Helpful (3)

    "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrative Principal in Tampa, FL
    Current Employee - Administrative Principal in Tampa, FL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    No flinching on overtime pay or Vacations

    Cons

    Long hours and sub par training schedules for the new sales teams.

  8. "Great Place"

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

    Pros

    great people, can make a lot of money

    Cons

    largely commission based if that's what you are seeking

    Advice to Management

    less hand holding, more autonomy


  9. Helpful (2)

    "Associate"

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

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

    Pros

    Great place to learn, work, and start a career

    Cons

    Sometimes things take too much time in the pipeline

    Advice to Management

    Thank you for being great and offering amazing guidance


  10. Helpful (1)

    "Best decision I ever made"

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

    I have been working at Foresters Financial full-time

    Pros

    Supportive team environment
    Payout is one of best in industry
    Training program industry leading
    New products

    Cons

    None- but you have to work hard. All of the other reviews of people complaining are due to lack of work effort which causes failure. No hiding behind that.

    Advice to Management

    Keep making us even better than we are!


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