IMA Financial Group Reviews | Glassdoor

IMA Financial Group Reviews

Updated February 14, 2017
26 reviews

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Full-time Part-time

3.0
Star Star Star Star Star
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Robert L. Cohen
16 Ratings

26 Employee Reviews

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  1. "Retirement Plan Manager"

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

    I have been working at IMA Financial Group full-time

    Pros

    Great company, I feel very lucky to work with dedicated and great people.

    Cons

    I can not think of one con.


  2. "Organizational Mess - But Full of Heart"

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

    Pros

    Great benefits, strong creativity, very community driven

    Cons

    An internal organizational mess. If you like to be one step ahead, this isn't the place for you - they are always in a chaotic state to get things handled.

    Advice to Management

    Entrepreneurship is great, but so is organization. You need to balance it out and communicate better.


  3. "Caring employer"

    Star Star Star Star Star
    • 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 IMA Financial Group (More than 10 years)

    Pros

    Opportunities for growth
    Strong relationships
    Work-life balance

    Cons

    Not many. They will weed out mediocre performers (which is actually a pro).

    Advice to Management

    Continue adding great talent to all locations


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  5. Helpful (3)

    "Not what they claim."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Account Representative in Denver, CO
    Current Employee - Account Representative in Denver, CO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Not many, look elsewhere for work.

    Cons

    Where to begin, there isn't enough space on this little review to add it all.
    They claim to be willing to train and promote from within, then don't do this.
    Hire from external sources more than promoting from within.
    Pay these same external employees more than "promoted" internal employees.
    If they do "promote" employees it is often just a title bump with no pay increase.
    "Employee Ownership" is a farce, with senior management having "preferred stock" that is weighted to be the same as ~100 employee votes.
    Pushing employee investment into the "Employee Ownership" of their pretax income is basically making younger employees pay for the senior brass to retire.
    NO ability to grow or advance in company.
    Pay isn't not comparable to similar agencies, and is WAY to low for cost of living.
    Just to name a few.

    Advice to Management

    Cut the dead weight, you have A LOT of useless mid to upper management doing things that are not necessary and just add to overhead. Stop buying under-preforming agencies trying to claim that it will grow the business.


  6. "Closer to a cult than a business."

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

    I worked at IMA Financial Group full-time (More than 5 years)

    Pros

    You can wear jeans every day. They have a beer cart that doesn't get out often enough. There are some really good coworkers.

    Cons

    If you want to work here, the first thing you need to learn how to do is learn how to guzzle the Kool-Aid. From pumping the company stock until your ears bleed, to watching the big wigs see who can use the term "great company culture" the most (without any evidence of said greatness), its lots of rah rah, with little substance. It's like one of those pink snow ball cakes, looks great on the outside, then you take a bite and the disappointment sets in. There's a small group of powerful aristocracy, a slightly larger ruling class and lots of slave labor. Don't think for one minute that anybody there cares if you show up every day, work your tail off and grin and bear it without complaint. The bottom line is you either take your Kool-Aid stained lips and grovel your way into one of the power clichés or get ready for your permanent hell.

    Advice to Management

    Leave. You've done enough damage and over paid for enough poorly performing companies. It may never recover. Take the checkbook away from Lu*e


  7. "IMA is a good place to work"

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

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

    Pros

    Wonderful Co-workers
    Challenging work
    Good work environment.

    Cons

    Could earn more elsewhere and that is a little frustrating.
    Sometimes direct management ignores issues instead of addressing them


  8. "Truly a great place to work"

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

    Pros

    Employee culture, building, employee stock ownership

    Cons

    Traditional compensation and bonus structure


  9. Helpful (1)

    "Free Coffee not worth the extra stress"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

    Pros

    Flexible with time, free coffee

    Cons

    You have to find and pay for your own parking, salary extremely low given other agencies, no office, alot of traveling required.


  10. Helpful (2)

    "Used to be a great place, now it is a huge mess"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Denver, CO
    Former Employee - Anonymous Employee in Denver, CO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Rob & Bob care about their employees, and try to create a great environment. Denver office is nice, barista station is great when they have somebody in there that knows what they are doing.

    Cons

    The culture has changed drastically in 2016, in a negative way. The different offices have a terrible time working together, the company is making risky and expensive decisions for technology that is not at all working. Leadership is becoming more biased every day and the company is getting saturated with nepotism, they would rather bring their friends in whether they are qualified or not rather than get the right people in there. Pushing out valuable veterans just to bring in two new people for the same price is causing rapid culture shock in a terrible way. Stubborn vets and clueless newbies are clashing with little management support to create a functioning culture.

    Management seems scared because things are getting out of control, and some of them are frauds that should go before they sink the ship. They just did a massive reorganizing because things are not working out this year. A few years ago things were pretty good, would have rated a 3, maybe 4, but now they think they are making decisions like they're a massive corporation when they aren't anywhere near ready for that. Over promising, under delivering and underpaying. They are right downtown and do not help enough for parking. Quite a bit of the employees don't live where they can use an eco pass, but the parking reimbursement procedure is 20 years old and covers about half of what it really costs to park downtown, and they havent done anything about it. Most of their policies are old and they never review them. Everybody is spinning a dozen plates with 2 hands so they just start a bunch of stuff that they never finish. the 20/20 plan derailed off the tracks in 2015.

    Advice to Management

    Stop trying to expand for 2020, it failed. Fix the mess you just made because of it, then try again later


  11. Helpful (1)

    "Horrible place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    Pros

    CEO is very nice and approachable, company has nice perks for employees

    Cons

    Negative culture, people are very unfriendly, employees talk behind each others backs constantly, unwelcoming to new people, employees more focused on climbing the corporate ladder rather than working as a team and developing people.



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