Spectrum Financial Alliance Reviews | Glassdoor

Spectrum Financial Alliance Reviews

Updated December 18, 2018
16 reviews

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2.9
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C Kelly Buckley
11 Ratings

Employee Reviews

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  1. "Management"

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

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

    Pros

    Great place to work with exceptional benefits and pay. Proven system in place, a firm that is continually growing, strong leadership

    Cons

    If you are a person that is not detailed oriented or wants to excel this is not the place for you.


  2. "Premier Kentucky Wealth Management Firm"

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

    I have been working at Spectrum Financial Alliance full-time (More than 3 years)

    Pros

    Great place for continued learning and career advancement. Looking to help as many clients as possible. Stellar benefits and compensation. Efficient small office team with a culture based on team driven success.

    Cons

    High level of ability is necessary to complete daily tasks. Must be able to multi-task.

    Advice to Management

    Continue fostering a strong learning environment and strong internal and external communications.

  3. Helpful (1)

    "Not the place for me."

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

    I worked at Spectrum Financial Alliance full-time

    Pros

    Great pay. Fully paid medical. Frequent raises based on performance.

    Cons

    Uses higher than average pay to pigeonhole people into staying. The .level of abuse and constant threat that you may lose your job because you forgot something, even inconsequential is just not worth the money. No boundaries, whatsoever. If you love high stress, then go for it - but not if you're a woman. Just trust me on this.

    Advice to Management

    BOUNDARIES


  4. Helpful (1)

    "Great Place to Work"

    StarStarStarStarStar
    • 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 Spectrum Financial Alliance full-time

    Pros

    Spectrum is a great place to work - we put our clients interest first and the golden rule is the guiding principal for our firm. We work as a team to accomplish goals and help our clients in an exciting fast paced environment.

    Cons

    We work as a team and hold each other accountable - if you are not comfortable with that this may not be the best place for you.


  5. "Operations Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operations Manager in Nicholasville, KY
    Former Employee - Operations Manager in Nicholasville, KY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Spectrum Financial Alliance full-time (More than 3 years)

    Pros

    Tremendous positive environment and working with great people. World class leadership!

    Cons

    You need to focus on doing your work very well to be successful in the high expectations firm.

    Advice to Management

    Continue mentoring and teaching. You are great at it!


  6. Helpful (1)

    "Tyrannical, verbally abusive, blame-shifting, hotheaded boss"

    StarStarStarStarStar
    • 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 Spectrum Financial Alliance full-time (Less than a year)

    Pros

    Decent benefits including fully employer-paid health insurance (minus some women's health needs), nice coworkers, dog-friendly office environment, and boss can be very helpful at first, especially if he likes you. He even purchased a company vehicle for cute young female employees' use...

    Cons

    Tyrannical, verbally abusive, blame-shifting, paternalistic, hot-headed boss who had literal tantrums. He had more problems with female employees than male and refused to cover some women's health and family planning issues. Unwilling to pay for experienced and skilled employees, also not open to many suggestions from them about how to improve his business. Wanted everything done his way even when it wasn't working. Very politically and religiously charged environment, very unaccepting of diversity, rigid and difficult to work with. Expected emails, calls and texts to be promptly answered even after hours, holidays and weekends. My previous negative review and others have vanished somehow.

    Advice to Management

    With such biases, emotional immaturity and other faults it would be wise to acknowledge and rely on your employees' knowledge and experience and allow them to run a better business for you.


  7. Helpful (1)

    "Run the other way!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Lexington-Fayette, KY
    Former Employee - Anonymous Employee in Lexington-Fayette, KY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Great benefits and that’s it.

    Cons

    Everything about employment with this company is negative. It is a very hostile working environment and the most unprofessional place I have ever worked.

    Advice to Management

    No point in giving him advice, as he stated himself “There is nothing I can learn from any of you that I don’t already know myself.”

  8. Helpful (4)

    "Don’t waste your time here, PLEASE!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Front Desk Associate in Nicholasville, KY
    Current Employee - Front Desk Associate in Nicholasville, KY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Spectrum Financial Alliance part-time (More than 5 years)

    Pros

    You work with some good people for a short period of time.

    Cons

    Those good people you work with for a short period of time get smart and leave, a lot. If you like training personnel over and over more than doing your actual job, this place is for you!

    Advice to Management

    Sell the firm and run.


  9. Helpful (3)

    "Get finance on your resume and get out"

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

    I worked at Spectrum Financial Alliance full-time

    Pros

    Good place to get a finance firm on your resume. Options in Lexington can be slim and hard to break out to other cities.

    Cons

    Everything else.
    -if you want to learn how to poorly manage money this is the place to go.
    -if you want to learn how not to manage a company, this is the place to go.
    -if you want to learn how to hide poor returns by picking inappropriate benchmarks, short time horizons, or irrelevant comparisons. This is the place to go.
    I mean seriously, look at this 5 year performance. Can probably train a monkey how to allocate better and not pay a 1% fee.

    All of this comes from the top. Resulting in high turnover on full time staff. In my time there, the only people who took jobs were in a bad situation and jest needed a job.

    Advice to Management

    Learn to manage money and people. Look at yourself and ask how long the full time staff has been there. Is it that everyone you hired since starting is a bad employee and leaves? Or is it something you are doing that makes everyone leave.


  10. Helpful (2)

    "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Lead in Lexington-Fayette, KY
    Former Employee - Lead in Lexington-Fayette, KY
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Many opportunities for learning. There is value to be added with hard work and perfect execution. Good solid pay and flexible scheduling. U.K. Fan for a boss!

    Cons

    Managing principal a bit controlling. There is a bit of blame shifting and fear based discipline. Not the best atmosphere for the faint of heart.

    Advice to Management

    Keep truckin