VectorVest Reviews | Glassdoor

VectorVest Reviews

Updated June 12, 2017
6 reviews

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  1. "Consultant"

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

    I worked at VectorVest full-time

    Pros

    Great company. They teach you more about the stock market than you ever wanted to know. They have high expectations so you have to work but you definitely get out of it what you put into it.

    Cons

    Smaller company so if you have never worked in one, there is some adjustment but nothing out of the ordinary

    Advice to Management

    Keep up the good work


  2. Helpful (2)

    "Great Place to Learn About the Market, Poor Place to Grow"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I have been working at VectorVest full-time

    Pros

    Access to market analysis software
    Get paid to understand market analysis, technical analysis, options, ect.

    Cons

    Poor management accountability- the managers consider poor metrics an extension of support, and not the business model. Managers will play "pass the buck," leaving you feeling exhausted trying to help the customer.

    Managers will hide behind company policy to stiff the customer out of subscriptions/money, and will make support deal with irate customers.

    Company will require you to support products will little or poor training. Marketing will put out product and NOT inform support on pros and cons of product, leaving support incompetent when speaking to customers.

    Company supports the entitled attitude of the customer by being inconsistent when enforcing policy.

    Information from team member to team member will vary. What you know will depend on who teaches you. You will learn different aspects about the same thing time and time again.

    This company will state they are not big on sales, but that is ALL they do. Subscriptions can cost at least $600/year, but additional sales for courses that teach the same information will be marketed heavily.

    The product is a subscription service, so retention of customers weighs heavier on keeping employment than knowing the market, product knowledge or other efficiencies. You will be required to "talk" customers into keeping product, and hopefully going into auto-billing by forgetting their billing arrangement.

    New employees develop PTO days every 72 days for the first day, and 1 week vacation after the first year, with no rollover.

    There's no true HR department, and those in high positions are there based on nepotism. Family member of owner, or family member of other high-ranking positions.

  3. Helpful (1)

    "Consultant"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    easy, some bonuses, the knowledge you will gain

    Cons

    micromanaged, stressful due to score keeping, very little upward potential


  4. "Consultant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Consultant in Cornelius, NC
    Current Employee - Software Consultant in Cornelius, NC
    Recommends
    Positive Outlook

    Pros

    Vectorvest is a great place to understand the Stock Market and how to trade. You receive on going training on how to find stocks meeting certain parameters in order to maintain long term and short term portfolios. Vectorvest gives you the knowledge you need to become the perfect investor. The way it is presented to the employee, you are able to present to a group of professionals/ non professionals, with confidence, in a class environment or over the phone.

    Cons

    The cons to Vectorvest is the room for growth is limited.

    Advice to Management

    N/A


  5. Helpful (4)

    "Good Luck"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Instructor in Cornelius, NC
    Current Employee - Instructor in Cornelius, NC
    Doesn't Recommend
    Negative Outlook

    I have been working at VectorVest full-time (More than 3 years)

    Pros

    OK pay and fun people to work with.

    Cons

    The president ran a great company and was very friendly and business savy. Now the CEO has taken over and is cutting every corner possible. You never now where you stood within the company. The last three month I worked there I knew I was going to be let go because I never received any feedback. No news is bad news. Very stressfull.

    Advice to Management

    If you do not take better care of employees you will lose your company.


  6. Helpful (3)

    "Firing Factory"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Instructor in Cornelius, NC
    Current Employee - Instructor in Cornelius, NC
    Doesn't Recommend

    Pros

    Learn a lot about investing in the stock market

    Cons

    They look for reasons to fire people as soon as they are hired

    Advice to Management

    Value your employees - management should not say things like "I can hire any monkey to be a tech support rep" - which has been said