New England Financial Reviews | Glassdoor

New England Financial Reviews

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42 Employee Reviews

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  1. "Well intentioned but difficult"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Neutral Outlook

    Pros

    Many smart people and well to-do people work here. There are many unnecessary meetings but for the first couple of months they can be insightful. After the first couple of months they can be a nuisance if you are trying to sell but still a great refresher.

    Cons

    Any sales position is going to be difficult but the mandatory meetings that are very repetitive in content makes it annoying. They make you travel sometimes on your own dime.


  2. "Financial Advisor"

    StarStarStarStarStar
    Current Employee - Financial Advisor in Boca Raton, FL
    Current Employee - Financial Advisor in Boca Raton, FL
    Doesn't Recommend
    Neutral Outlook

    I have been working at New England Financial (More than 10 years)

    Pros

    Open product platform, no pressure to sell proprietary products. No micro management.

    Cons

    Is now fully integrated into MetLife. Too many negative issues with this company.

    Advice to Management

    none

  3. "Admin. Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    Pros

    Good environment and efficient tools and training

    Cons

    I work as a part time, so there is not a lot of benefit offering.


  4. "Nice Company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook

    Pros

    The flexibility was nice & management was good at getting things scheduled

    Cons

    recruiting financial advisors is very difficult because it is a commission only job and people are very hesitant to move companies

    Advice to Management

    good job


  5. "Good training - fair long-term prospects"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA
    Recommends
    Neutral Outlook

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

    Pros

    NEF spent considerable time and energy ensuring all associates were well-trained, and financially knowledgeable. The company provides extensive resources and tools for all planners. Young, energetic workforce. Positive work atmosphere

    Cons

    Several layers of management - good ideas often got mired in bureaucratic quagmire. Monthly redirection of corporate strategies and initiatives. High employee turn-over rate made continuity and consistency problematic.

    Advice to Management

    Cull the herd of redundant managers. Focus on talent and reexamine employee retention strategies and continue to provide cutting edge tools and access to thought leaders where appropriate.


  6. "Registered Representative Selling Life Insurance and Retirement Investments to clients."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Representative in Schaumburg, IL
    Former Employee - Registered Representative in Schaumburg, IL
    Recommends
    Neutral Outlook

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

    Pros

    Met Life Insurance Company is a well establish company selling insurance and investment products in New England Financial as a part of MetLife. My Sales Manager and support staff used high standards of conduct to support all Sales Representatives and provided adequate training and satisfied customer accounts.

    Cons

    I encountered higher levels of management who aggressively demanded excessive time commitments and manipulated account assignments that were unacceptable. The offending parties has been discharged.

    Advice to Management

    Ensure the practice of supporting all team members and avoid unnecessary turnovers based on higher level management using arbitrary personnel changes.


  7. "Good for experienced people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Representative in Chicago, IL
    Former Employee - Financial Representative in Chicago, IL
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Good people
    Attractive office and conference room space
    Free parking
    Metlife connection helpful
    Supported getting and keeping licenses

    Cons

    Needed more structure for those starting out in their career
    Low name recognition
    Incomplete information on compensation plan
    Needed to pay E&O yourself

  8. "Good place to start, but get out when you can"

    StarStarStarStarStar
    Former Employee - Financial Advisor in Chicago, IL
    Former Employee - Financial Advisor in Chicago, IL

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

    Pros

    Good place to start your career, they provide training and resources. If you have a good manager then you will learn a lot.

    Cons

    Proprietary, be prepared to sell only their products or have your commissions cut. Little to no investment knowledge in this place, only insurance.


  9. "Workplace Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Northbrook, IL
    Current Employee - Anonymous Employee in Northbrook, IL
    Recommends

    I have been working at New England Financial full-time (More than 3 years)

    Pros

    Fast paced office with some really great people to work with. Better than average to work for. Representatives were very knowledgeable and helpful. New their product well.

    Cons

    No assistance with continuing education (i.e. support or reimbursement) for staff. New representative turn over was a little much. Company should look at their recruiting efforts.

    Advice to Management

    Listen to your staff. They too want to have some personal growth.


  10. "Starved to death"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Registered Representative in San Ramon, CA
    Former Employee - Registered Representative in San Ramon, CA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    Great salespeople in the San Ramon office, training was decent

    Cons

    They promised leads that never materialized so it's 100% cold calling; very high turnover same as every other insurance company.

    Advice to Management

    No point as they don't care


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