CMG Financial reviews

4.1

79% would recommend to a friend

(532 total reviews)
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Christopher George

85% approve of CEO

82% positive business outlook

CMG Financial has an employee rating of 4.1 out of 5 stars, based on 532 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The CMG Financial employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

532 reviews
1.0
Sep 14, 2015

out of compliance

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

People are dedicated to keeping their job to pay their bills, but NO ONE IS HAPP THERE

Cons

no one knows why they do what they do. They are a company with will always be out of compliance and will commit fraud to get away with it. An audit is needed ASAP

1.0
Nov 3, 2022

Extremely Disappointing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Ability to work from home. That's about it.

Cons

Aside from the CEO, the leadership at CMG is atrocious. Managers are terrible at responding to emails and employees need to fight tooth and nail for every penny, including raises and bonuses. Nepotism is rampant, and the human resources department is inept. The most employee recognition you will ever receive is a token so you can order company swag from their online store. There are little to no growth opportunities, and the compensation is extremely low compared to the competition. Many hourly employees work off the clock because their managers refuse to approve overtime, and HR turns a blind eye to it. When it comes to layoffs, the most you will get is two weeks' severance, regardless of how long you've been there (unless you're a manager). The company is extremely top-heavy and favoritism is blatant. Some loan officers get whatever they want from the executive management team while others are left struggling.

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CMG Financial Response
3y
The statements contained in this review contain many inaccuracies. Concerns brought to the attention of Human Resources are addressed as appropriate; employees may not always be aware of the resolution. We encourage employees to speak directly to HR or leadership regarding concerns. We appreciate the feedback provided and always strive to support a work environment that includes open communication.
1.0
Oct 5, 2022

You'll regret working here.

Recommend
CEO approval
Business Outlook

Pros

There are no pros anymore. The only was that I could work from home, but that's gone now.

Cons

You're verbally abused by loan officers, managers, people in other departments. You're used as the scapegoat for people who don't do their jobs. Managers don't know how to manage and aren't supportive. They only give raises to upper management. They're forcing people back into the office and refused any quality of life raises. They lay off workers who are STILL NEEDED and then offset their work onto remaining employees, but don't allow overtime. I am absolutely certain a loan officer I worked with committed fraud at least once and attempted to commit fraud a second time. I went directly to my manager about it and she ended up brushing it under the rug. This company will do anything to coddle their loan officers. I worked my way up from a "lower" position and the manager in that position is useless. He can never be reached when help is needed from his department, so you have to go above his head to get any results. Everybody at this company is a child, spouse, or relative of an executive (or sleeping with the right people). The nepotism and corruption is unreal, but it will NEVER be addressed because they protect each other. I have been in the mortgage industry for a very long time and I have never been so disgusted by a company and the way they practice. My mental health has deteriorated since working here. I put my heart and soul into my work, so to constantly be degraded, picked apart, judged and dismissed is beyond heart-breaking.

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CMG Financial Response
3y
Thank you for taking the time to share your feedback. It is of the utmost importance to CMG’s leadership that we work to identify solutions to challenges brought forth. The experience you describe with CMG does not align with our core principles and is one that we would appreciate the opportunity to address directly. Please reach out to Melissa Harbourne, Chief HR Officer, at mharbourne@cmgfi.com, if you would like to discuss. Thank you.
Viewing 25 - 27 of 532 Reviews

Glassdoor has 547 CMG Financial reviews submitted anonymously by CMG Financial employees. Read employee reviews and ratings on Glassdoor to decide if CMG Financial is right for you.