Hantz Financial Services Reviews | Glassdoor

Hantz Financial Services Reviews

Updated May 30, 2019

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Found 100 reviews

2.4
StarStarStarStarStar
Rating TrendsRating Trends
33%
Recommend to a Friend
53%
Approve of CEO
John Hantz
72 Ratings
Pros
  • "Learn a lot, they help you pass your exams(in 14 reviews)

  • "Learned a lot about the financial industry, also paid for all my licenses(in 10 reviews)

Cons
  • "Yes we work long hours, Yes other place pay better to start(in 15 reviews)

  • "Management attempts to compensate for low pay by offering treats, recognition, parties, etc(in 8 reviews)

More Pros and Cons
  1. Helpful (1)

    "Fulfilling Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - FinancialAdvisor in Ann Arbor, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Hantz Financial Services full-time for more than 8 years

    Pros

    I have worked at Hantz Financial for over 8 years. Since Day 1, the job has been rewarding. You get to work with a specialized team in a Family Office - providing holistic solutions to clients while saving them time and stress. The team allows us to use "intellectual leverage" where you don't have to be the proverbial "Jack of All Trades," you build a team (or are a member of the team) where each member contributes...

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    Cons

    When you first start, things come at you like drinking out of a fire hose. However, you are learning a model in the financial industry (Family Office) that is not taught in school. So you have to get a good baseline of knowledge to actually be able to perform your role. Soon though, you start to put the pieces together and things slow down, allowing you to truly absorb how you can impact your clients lives while enriching...

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    Advice to Management

    Continue to support the model with technology and trainings!

    Hantz Financial Services2018-09-11
  2. Helpful (1)

    "Overworked and underpaid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Equity Specialist in Southfield, MI
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Hantz Financial Services full-time

    Pros

    Lots of experience in a short amount of time.

    Cons

    little to no time to study. Overworked and understaffed. No overtime for salary workers and you are expected to work 58 hours plus a week.

    Advice to Management

    Hire more workers and increase pay or pay overtime.

    Hantz Financial Services2019-05-30
  3. Helpful (1)

    "Good company for learning opportunities, but does this outweigh under appreciation and low pay?"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Investment Analyst in Southfield, MI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    The company has an older demographic overall, but they are looking to hire students and younger individuals. This means that it is relatively simple for a new graduate to land a job. The company is all about learning. They offer a ton of training, one-on-one teaching, regular company meetings, and other networking opportunities. These are all OPPORTUNITIES because they are only beneficial to those who take advantage...

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    Cons

    The people who make money here are senior financial advisors and upper management. If you are not a financial advisor, you better prepare yourself, because they want you to be an advisor. Don't want to be an advisor? Ok, then be an advisor! Pay is minuscule, and the long work hours are not worth it. If you ask for a raise, expect a 3-month delay in the negotiation. Work does not end when you go home. Management...

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    Advice to Management

    Appreciate your employees! Stop emphasizing how great of an "opportunity" it is, and start taking care of your employees in ways that matter to them. Keep up the training and teaching! This is a great way to pull in fresh graduates who are ready to learn in the field.

    Hantz Financial Services2019-03-14
  4. Helpful (4)

    "Mentally abusive, vengeful, and loves to belittle you."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Tax Analyst in Tecumseh, MI
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I have been working at Hantz Financial Services full-time for more than a year

    Pros

    A great business model and outlook.

    Cons

    They scream, belittle, and try to make you feel small so you dont feel you deserve a job with better pay. Constantly told "Work hard and it'll pay off" but the only people making money are advisors, so.....?

    Advice to Management

    Calm your egos, stop thinking with SDE.

    Hantz Financial Services2019-04-05
  5. Helpful (4)

    "No in between of love it or hate it"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Equity Specialist in Southfield, MI
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    I worked in the back office in Southfield for over a year, I will do my best to describe what I thought was objective along with some subjective experiences. Without a doubt I believe the company has a very good business model. The company has been around for more than twenty years in a highly competitive field with vastly less resources than other companies. They bring a quality product to low net worth clients as well...

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    Cons

    I liked the company but much of my experience in the back office was negative. Most companies will rightfully have you eat some humble pie, but here you will eat something more like a partially alive crow. The pay is horrendous for the amount of hours worked (8-6 minimum along with 3-6 hours on weekends) and those hours will not change for years. I would figure out very quickly as to whether or not you are 100 percent...

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    Advice to Management

    Good luck

    Hantz Financial Services2019-01-11
  6. Helpful (1)

    "Advisor"

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

    I worked at Hantz Financial Services full-time

    Pros

    Work in a laid back office.

    Cons

    Low pay for the hours worked

    Hantz Financial Services2018-11-11
  7. Helpful (8)

    "Take advantage of hardworkers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Southfield, MI
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Room to learn a lot, however you will be over-worked and EXTREMELY underpaid. There is a chance for a larger income potential, but you're looking at three years before a livable wage and another 10+ before you see significant growth.

    Cons

    8am-8pm are the average hours. You will be reprimanded for being 10 minutes late and will be looked down upon for leaving early, even if your work has been completed. A LOT of useless meetings preaching the "company culture" , which is very lopsided and always changing depending on what benefits the higher ups. Positions that require a college degree will start with a salary between 26K and 28K a year for working...

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    Advice to Management

    Show respect to ALL employees at all times, just as it is expected to be shown to leadership. It is unacceptable to be SCREAMED at during a mandatory 8+ week public speaking "course" as an adult in any environment. Be aware that the favoritism is obvious to all staff members and is discussed as a problem in every department (except maybe the advisors) & especially in the Southfield office. Look to the future--hiring...

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    Hantz Financial Services2018-11-06
  8. Helpful (2)

    "Employee"

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

    I worked at Hantz Financial Services full-time

    Pros

    The Office building location is good.

    Cons

    Owner is unprofessional and immature. Treats his employees like numbers and not like people. Very dramatic working environment.. gossip all the time. Save yourself.

    Advice to Management

    Don’t be a so inconsiderate to people you work with.

    Hantz Financial Services2018-10-03
  9. Helpful (3)

    "Horrible"

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

    I worked at Hantz Financial Services full-time

    Pros

    There are not any pros to working here.

    Cons

    Con is the perfect word. Cult would also be appropriate. If you work here and read this...it is much, much better elsewhere!

    Advice to Management

    Good luck!

    Hantz Financial Services2018-09-06
  10. Helpful (5)

    "work 60 hours get paid for 40"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - Account Manager in Southfield, MI
    Doesn't Recommend
    Disapproves of CEO

    I worked at Hantz Financial Services full-time for more than 8 years

    Pros

    You will work so hard that you will gain experience very quickly

    Cons

    The top management and advisors look down on the people that actually do the work there. Most top management work in areas where they have no knowledge. They are just promoted because they idolize the owner. If you are not willing to kiss his butt you will never be prompted or have an increase in pay. Much favoritism at the company. Human recourses allows the management to treat the employees like dirt. Employees are...

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    Advice to Management

    In the real world none of you would make it. That is why you are there.

    Hantz Financial Services2018-04-20
Found 100 reviews