Navisis Financial Reviews | Glassdoor

Navisis Financial Reviews

11 reviews

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Full-time Part-time

2.7
Star Star Star Star Star
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Jack F. Bruscianelli
7 Ratings

11 Employee Reviews

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  1. Helpful (1)

    "It's an opportunity, but so are most things in life."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker in Chicago, IL
    Former Employee - Broker in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    It is possible to use this job as a lucrative stepping stone to a good life: and they will take a chance on just about any background if you have their suited temperament.

    Cons

    There is what you think stress is. And then there is working at a mediocre stock brokerage which has a high turnover business model.

    Advice to Management

    Get a few guys in management with an MBA at an institution which focuses on 21st century professional development... The 80's were a long, long time ago.


  2. "Very tough, but you can be successful."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Stock Broker Trainee in Chicago, IL
    Former Employee - Stock Broker Trainee in Chicago, IL

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

    Pros

    Laid back environment, good working environment, get to work downtown Chicago, opportunity to get a Series 7 license, and great experience of a stock broker.

    Cons

    Long hours (50+), monthly salary which decreases over time, underpaid, mediocre training, lots of cold calling, and no benefits.


  3. "Company Took care of me"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Stock Broker Trainee in Chicago, IL
    Current Employee - Stock Broker Trainee in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    - Gave me work right out of college
    - Trained me really well
    - If you have good people skills,nothing should stop you from getting clients with this company backing you

    Cons

    - Politics
    - 2 year minimum

    Advice to Management

    Throw the little guy a bone from time to time. But great job on yearly integration.


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  5. "Tough but rewarding."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Stock Broker Trainee in Chicago, IL
    Current Employee - Stock Broker Trainee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Excellent Training, Aggressive Marketing, Solid Contacts, Fast Paced work environment

    Cons

    Work can be stressful at times, deadlines and quotas are rigorous. Salary is not as high as it could be.

    Advice to Management

    Increase compensation for trainees and offer more incentives.


  6. "good to get your foot in the door"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Executive Trainee in Chicago, IL
    Current Employee - Investment Executive Trainee in Chicago, IL
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Navisis Financial full-time

    Pros

    Good place to get licensed. Get a little training. Not as intense and stressful as some of the other firms. Laid back. They WANT to keep you.

    Cons

    They don't have a very good reputation online. A LOT of cold calling required of you. Not. Best training and education. Not most trustworthy people.

    Advice to Management

    Get bad reviews off the Internet to increase reputation.


  7. "Awesome place to work if you are willing to work HARD"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker Trainee in Chicago, IL
    Former Employee - Broker Trainee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Navisis Financial full-time (More than a year)

    Pros

    Great rewards, great contacts, solid guidance, gives you the REAL understanding of the industry. I saw ALOT of complainers and whiners saying the compensation didn't correlate to the amount of work put in... like we may have been working minimum wage.

    Think about this company this way. This of it as a residency program in Medicine. The pay isnt much, the hours are crazy, but in the end you get crazy amounts of knowledge in the industry.

    Cons

    Pay is slightly less, Long Hours, Competative

    Advice to Management

    Offer a higher starting salary


  8. "Fast paced, entertaining business."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Broker Trainee in Chicago, IL
    Former Employee - Broker Trainee in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Fast paced, lots of potential to move up if you perform well, intensity, everyone wants to do as much business as fast as possible, secretaries are all very nice and sweet

    Cons

    Bosses don't understand the meaning of the word "trainee." They should be in training to be a stock broker instead of being thrown out to fend for themselves. The pay is awful.

    Advice to Management

    Slow down and analyze the trainee program to better implement changes and produce good brokers.


  9. "Trainee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Stock Broker Trainee in Chicago, IL
    Former Employee - Stock Broker Trainee in Chicago, IL
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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

    Pros

    -Competitive & potential for success if you drink the punch and put in the hard work
    -Fast pasted environment.

    Cons

    Fast growing firm with hard working people, but similar to other smaller firms they struggle to maintain new brokers due to lack of support.
    -High turnover rate.


  10. "Overworked, underpaid, only the bad apples survive."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Chicago, IL
    Former Employee - Financial Advisor in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Navisis Financial full-time (More than a year)

    Pros

    You get to work downtown and it is a step in the door to starting off as a stockbroker. You will get a few tools to help you invest for your clients and there are no quotas to meet aside from your daily goals. The new trainees always breath fresh life into the office.

    Cons

    Long hours for very little pay until you are licensed. Very stressful, especially when the numbers are down. The atmosphere in the office is full of bar talk and very unprofessional.

    Advice to Management

    Anyone can be a great stock broker with the right opportunity and without being berated. Help the younger guys and give them more security after they get licensed. You can't expect everyone to succeed when you only give the phone appointments to one broker on the floor. Make sure that employees aren't abusing drugs or alcohol while on the clock and handling appointments for the unlicensed guys.


  11. "Terrible, worked well over 65 hours a week including Saturdays for minimal pay"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Chicago, IL
    Former Employee - Financial Advisor in Chicago, IL

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

    Pros

    Worked with guys your own age, they start with a group of guys that are all at the same level of knowledge

    Cons

    Cut throat business, took advantage of their customers, dont work there


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