BHG Financial reviews

4.4

83% would recommend to a friend

(856 total reviews)
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Albert Crawford

90% approve of CEO

84% positive business outlook

BHG Financial has an employee rating of 4.4 out of 5 stars, based on 856 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The BHG Financial employee rating is 22% above average for employers within the Financial Services industry (3.6 stars).

Reviews by job title

856 reviews
2.0
May 12, 2022
Recommend
CEO approval
Business Outlook

Pros

For the most part, the caliber of people in the marketing department are top-notch, both in talent and personality. Free healthcare, 401k match, and a well executed remote work environment.

Cons

Nepotism, bullying, and complete ineptitude from many senior leaders. First and foremost, there will likely be a boilerplate copy/paste response from BHG to this review. It will come across as defensive, but also mimic the language of nearly every other Glassdoor reply. I sincerely doubt it will address any of these concerns. It will be yet another lifeless, dull, and uninspired response on Glassdoor. This isn't the fault of the reputation management team, they are great, but instead it’s the lack of care by the executives who will just bury this review by asking their employees to create more positive ones. I mainly want to talk about bullying and nepotism - but first let’s talk about overall operational failure. BHG’s CEO loves to say “This isn’t North Korea, if you don’t like it then leave!” But what the CEO doesn’t realize is that people complain because THEY CARE. They simply want more clear direction and communication from leadership. Something that has been severely lacking for years. I gave this company nearly two years of dedication, despite the consistent chaos and abrupt changes - but I ultimately found out that much like North Korea, you can do whatever you want at BHG if you’re related to the dictator. ;) Ultimately, I was removed from my position due to nepotism. This isn’t a claim I make lightly, it’s a reality that even the company admitted to prior to my “role termination”. But more on that soon, because that’s an utterly BIZARRE story that really depicts the absurdity of this company. My department had over 8 structural changes in my first year, and a mass exodus of co-workers. The company launches products or WHOLE NEW COMPANIES- without figuring out tone, messaging, and sometimes - how they even work! While things look pretty (we have a top-notch design team), many employees are ignorant to everything the company even does, and some products and even entire companies go live without being fully functional. While carelessly launching products and companies is one (major) issue, they also carelessly hire new team members. I have had countless co-workers get hired despite having NO idea what their role really entails or how it plays into the larger picture. These people eventually quit or get terminated because the role they were hired for was never clearly defined. In some cases, these employees get moved to new positions that have nothing to do with their skillset or expertise. They eventually leave with their talents and time wasted. While the company has seen rapid growth, the company has also seen tremendous turnover. The company loves to say things like “these are the pains of being a startup” - BHG, you are a TWENTY YEAR OLD company with nearly a BILLION dollars in revenue - YOU ARE NOT A START UP. You’re a grown up now, you’re an adult, act like it. You have massive operational, structural and identity issues. You also had at least 5 offsites to fix these issues, but to my knowledge, nothing tangible ever came from them. Marching orders to marketing are often defined by executives (many of which are related) - so the marketing department is forced to base deliverables not on integrated strategy, but the desires and needs of disconnected executives. Shoutouts are given for working on weekends for a last minute mundane, unnecessary request from executives. This doesn’t deserve a shoutout, it deserves an apology. While there are claims of “cult” like behavior on Glassdoor - I can see where it comes from. On the twentieth anniversary celebration, the whole ceremony wasn’t about congratulating the company on a significant milestone - no - it was a 3 hour event in which EMPLOYEES were thanking the FOUNDERS. The whole time. The entire 3 hours! Sure, they deserve major props, but… the whole ceremony? In over three hours there was not ONE thank you to the employees who helped build BHG over the last two decades. It was just the CEO and founders reminiscing on appropriate and inappropriate memories - and then an employee would come up and thank the founders for creating the company. It was bizarre, and not the only occurrence of this type of dynamic. The PMA motto is also easy to twist. The term was intended for sales - “have a PMA, don’t give up, stay positive!” Though it can also be used inappropriately and has deviated from that meaning. When you’re earnestly complaining about severe issues and lack of structure that make your job difficult - you get chided for not having PMA. It’s a well meaning phrase that’s easy to weaponize. Let’s talk nepotism though. Nepotism is why we’re gathered here today. I lost my job due to nepotism. I cannot go into detail due to Glassdoor community guidelines. However, the long and short, I suddenly had formal complaints filed against me, seemingly out of no where. HR claimed multiple instances of events that simply never took place, nor did HR or anyone have any written or tangible evidence of these events. Not to mention, my history of excellent performance reviews at BHG. Finally, backed into a corner, HR finally admitted they have no evidence, but “someone” simply wants me gone or doesn’t like me. Which, fine - but how dare you try and claim I had two years worth of performance issues? If you’re writing me up because someone important wants me gone, just say that. I gave this company my all and had the results to show it, not to mention the track record of excellent performance reviews. I dislike the term “gaslight” - but to try and tell me I had a history of issues and complaints at BHG when I didn’t? Wow. Especially given how easy it is to disprove that. That’s textbook gaslighting, intimidation and bullying. It was also just unnecessary. They could have opened up by telling me the truth. These meetings with HR were also questionable. I was also told by HR I shouldn’t be speaking to certain executives directly, instead speak to them through my boss. My whole position at BHG revolved around direct discussions with execs and the C-Suite - none of them have ever had issues with how I spoke to them. Telling me I can’t speak to someone directly because of their rank isn’t the “coaching” you think it is - it’s intimidation, and just foolish. I told HR that these lies are obviously “someone” trying to get rid of me. HR ominously said, “..maybe you’re right, things change here all the time.” A week later, I was terminated. Despite an excellent performance review just weeks prior, and having my first direct report hired on under me - I was let go. They say it was a role termination, however, a job opening with a slightly different name was already posted on their careers site. This was all purely nepotism, to promote someone related to C-suite staff. You forced me out of a role. And why? Because you were bored? Entitled? Because you were looking to fill some void? I am not the only person to be negatively impacted by nepotism at this company. You can see it in other reviews. It’s just shocking how someone with a history of excellent performance could be suddenly ousted. To my co-workers still at BHG who are reading this - get out. If a company has “growing pains” consistently for multiple years, when does it cease to become growing pains? And when do you realize it’s poor leadership, sloppy execution, and overall ineptitude? The company’s lack of vision, structure, and self identity leads to a shameful waste of such great talent. If you’re waiting for it to get better - it won’t.

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BHG Financial Response
4y
This review does not speak to the true nature of the working environment at BHG and we cannot agree with the outright inaccuracies written here. It’s rather disheartening to hear the accusations outlined, as our senior leadership team has put an incredible amount of care into both BHG and the team since day one. We truly believe in having the best person for the job, and have worked hard to acquire top talent across the board in over 20 years in business. We attract and retain team members that can ultimately keep up with our startup-like pace, and we look for leaders that can also bring about innovation for our brands, products, and culture. We believe the plentiful awards and recognitions we have earned, based solely on employee feedback and surveys, supports this. Just like a startup, we will continue to learn and grow, we believe this should be our mentality and the way we approach our business, never to be complacent. With this in mind, we also believe in tactful conversations. Should any concerns arise, we ensure that our leaders, as well as our People Department swiftly address the situation with the parties involved to keep an open dialogue that ultimately brings about positive change. With any workplace, we have the expectation of professionalism. After careful review of the ongoing performance of this function at BHG, we felt that the best direction was to move towards third party management that could efficiently execute on our workload. Based on that decision, we unfortunately had to eliminate your role. We do not take these decisions lightly, but truly felt that this was the best direction for our organization. Contrary to your accusation, there was not an internal replacement for your role. Finally, as you mentioned, we do offer an array of perks and benefits all to aid in the health and wellness of our employees. This includes generous paid time off, 100% fully covered healthcare, Wellness Weekends, a recognition and rewards program, meditation on Fridays, and so much more. Of course, this is in addition to the generous compensation we offer. We know a lot of time, effort, and hard work goes into every project, and we seek not only to reward the drive our employees demonstrate time and time again, but we also want to ensure that burnout is avoided. We do not give validation to any accusations of bullying or nepotism. Many current and previous employees indicate their delight to being on the team founded in both loyalty, experience, and body of work. We wish you all the best in your future endeavors.
3.0
Jan 5, 2017

More than meets the eye.

Recommend
CEO approval
Business Outlook

Pros

The company truly does give you the platform to be successful. It's a great place to refine your skills and abilities. Will sharpen your sales skills, team structure, and from ownership down everyone does care. The pay is competitive but honestly if you're great in sales you can and will make far more money working elsewhere OR even taking the simple business model and doing it yourself keeping the entire margin, instead of settling for fraction. Great place to learn a business model. The gym, cafe, office space is amazing! They truly provide you with all possible tools to be successful. Training and more. Your success or failure is in your hands but there's a catch. They offer Cardone university to refine your sales skills, constant training, speaking engagements, company events and they truly invest in their people!

Cons

Now. PMA. If you don't have it. You better find it. If you don't feel good you better pretend that you're having the best day of your life. Everyone is afraid to speak their mind in fear of retaliation. If you have an opinion that conflicts with anyone, especially one of the million managers, you better keep it to yourself. Many "managers" couldn't make it as sales reps and they function to basically judge you behind your back in meetings that you never hear feedback from. The politics are equally as importance as performance if not more. Avoid at all costs being branded, "not a team player" You will constantly be indirectly and sometimes directly threatened with being fired, losing your job, or being, "cut off lead flow" get used to it. A common theme, "nothing is a given" this includes your job regardless of how well you perform. Eat at your desk, in fact live at it. The unspoken ideology is work 8-8, weekends and pledge your allegiance/life to BHG. You can convert at or above required standards, handle volume, structure quality deals, provide exceptional customer relations, participate in team functions, know your product, remain punctual AND STILL you can be fired without notice, reason, or cause. If you're not part of the, "clicks" or if one of the endless managers decides they dislike you watch out. You're probably fired. Management is all over the place. Often they will say one thing and do another. Polices change daily, weekly and monthly but you'll be judged regardless. You have managers for EVERYTHING and to justify their value and protect their position they're always looking for some way to cover themselves, make themselves look good or just need to feel relevant by throwing attention onto someone else. DONT BE THAT PERSON. They manipulate lead flow, some managers play favorites, the company has hired to many people and have not created enough leads to support the influx of new staff. Even if you're a rock star they constantly ride you. Nothing you do is EVER good enough. More, more, more is the moto and just Incase you get comfortable don't forget. You can be fired any second. In short, if your good you're gone and if you're great you still may find yourself out the door for reasons unknown. The place operates much like the navy seals crossbreed with the circus.

1.0
Apr 26, 2024

Burn-out Central

Recommend
CEO approval
Business Outlook

Pros

NONE. Money is good if you absolutely drain yourself. But you’ll deserve way more with the work load.

Cons

Management here will NEVER have your back. You can be the top rep bringing in the most sales and making the most money and you will only ever be just a #. They will gaslight you and say whatever they need to just to keep you performing. The second you need personal time regardless of the reason you will be pushed out. Don’t try and make a difference or create positive change in the toxic sales environment they create - they WILL make you a target.

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BHG Financial Response
2y
Our top priority for BHG Financial has always been setting our team up to succeed while strongly emphasizing their health and wellness. As such, we offer comprehensive training, generous compensation, and perks and benefits that include the following: Remote work opportunities, one Wellness Friday off per month in addition to 15 days of PTO (20 days after 2 years) along with 10 paid holidays, 401k matching, a Recognition & Rewards program, and so much more. We take great pride in the culture we’ve developed and nurtured over the years and have taken proactive steps to ensure our employees have more opportunities to excel and be acknowledged for their hard work. For this reason, we’ve also implemented quarterly awards ceremonies and created BHG Financial Spotlight – an online platform that allows employees the opportunity to show appreciation and reward each other for their incredible hard work. With that said, your feedback will be shared with our team for further review. In the meantime, please reach out to us at people@bhg-inc.com to discuss your experience.
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Glassdoor has 930 BHG Financial reviews submitted anonymously by BHG Financial employees. Read employee reviews and ratings on Glassdoor to decide if BHG Financial is right for you.