40|86 Advisors reviews

2.3

32% would recommend to a friend

(18 total reviews)

Eric R. Johnson

61% approve of CEO

46% positive business outlook

40|86 Advisors has an employee rating of 2.3 out of 5 stars, based on 18 company reviews on Glassdoor which indicates that most employees have an average working experience there. The 40|86 Advisors employee rating is 38% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

18 reviews
2.0
Oct 3, 2023

Pursue other opportunities first

Recommend
CEO approval
Business Outlook

Pros

Friendly, helpful people in some departments. Continued education assistance Competent and friendly support/IT/admin staff In spite of the negative reviews, the firm's President is approachable and treats employees with respect.

Cons

Negative reviews written 10+ years ago could have been posted yesterday. Toxic working relationships very commonplace. Very low morale across most departments.

2.0
Apr 3, 2023
Recommend
CEO approval
Business Outlook

Pros

Work resources are good Frequent reviews and surveys to hear employees feedback (very few are implemented though)

Cons

Less pay and increments compared to market standards No role progressions or promotions Less

2.0
May 12, 2022
Recommend
CEO approval
Business Outlook

Pros

They have a strong emphasis on continued education whether be obtaining your CFA or Master's Degree and budgets for it for every employee each year. Work is rewarding.

Cons

Burnout from day one, filled with "yes-men" and micromanagers on every level, no recognition, low pay for the industry and minimal advancement, superficial relationships throughout the firm, fear based culture, abrasive, constantly trying to find someone to blame and to pass the buck to, and the complete opposite of collaborative and a true "team effort".

Viewing 13 - 15 of 18 Reviews

Glassdoor has 20 40|86 Advisors reviews submitted anonymously by 40|86 Advisors employees. Read employee reviews and ratings on Glassdoor to decide if 40|86 Advisors is right for you.