Does Edelman Financial Engines pay their employees well?

According to anonymously submitted Glassdoor reviews, Edelman Financial Engines employees rate their compensation and benefits as 3.3 out of 5. Find out more about salaries and benefits at Edelman Financial Engines. This rating has decreased by 5% over the last 12 months.

How satisfied are employees working at Edelman Financial Engines?

48% of Edelman Financial Engines employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Edelman Financial Engines 3.7 out of 5 for work life balance, 3.2 for culture and values and 3.0 for career opportunities.

What are the top reviewed jobs at Edelman Financial Engines?

Client Service Associate (38) , Investment Advisor (19) , Software Engineer (12) , Financial Advisor (11) , Investment Advisor Representative (11) , Senior Software Engineer (11) , Financial Planner (7) , CSA (6) , Executive Assistant (6) , Manager (6) , Client Services Manager (5) , Marketing (5) , CSA - Customer Service Associate (4) , Director (4) , Engineer (4)

What are the pros of working at Edelman Financial Engines according to real employee reviews?

"Great people and very smart." ((in 54 reviews)); "Great culture and always innovating." ((in 42 reviews)); "Great benefit package and offers 401K advisory services for its employees via Vanguard." ((in 39 reviews)); "Work life balance is good here" ((in 28 reviews)); "Decent pay and 20 paid days off in addition to market holidays." ((in 25 reviews))

What are the cons of working at Edelman Financial Engines according to real employee reviews?

"Abusive senior leadership that chooses to engage in tirades." ((in 20 reviews)); "Stuck with a bad manager for a while before they were finally fired." ((in 14 reviews)); "Upper management is clueless." ((in 9 reviews)); "Layoffs are frequent." ((in 6 reviews)); "Old technology and aging platform." ((in 4 reviews))

What are employees saying about Edelman Financial Engines layoffs in 2026?

Explore Glassdoor’s employee reviews to understand what current and former employees are saying about Edelman Financial Engines layoffs and their outlook for job security at Edelman Financial Engines in 2026.

What Edelman Financial Engines locations have received the highest employee ratings?

Boston , Santa Clara , Overland Park , Fairfax

Edelman Financial Engines reviews

3.3

48% would recommend to a friend

(482 total reviews)

Ralph Haberli

22% approve of CEO

44% positive business outlook

Ratings by category

3.9

Diversity & inclusion

3.7

Work/Life balance

3.3

Compensation and benefits

3.2

Culture & values

3.0

Career opportunities

2.8

Senior management

Edelman Financial Engines has an employee rating of 3.3 out of 5 stars, based on 482 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Edelman Financial Engines employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Ratings by demographic groups

Race / Ethnicity

Gender

Sexual orientation

Disability

Parent or family caregiver

Veteran status

Reviews by job title

482 reviews

1.0

Aug 10, 2015

Sad Situation with Bad Management and No Leadership

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Free fruit on Tuesdays and Free Drinks and decent location

Cons

New Management is creating "lean" environment without direction and hiring prior associates who should not be leading teams. Lack of leadership in Consumer team is destroying morale and frustration of poor results is high because there are no new solutions that have actual value to consumers. It is not a positive work environment - there are fingers being pointed and SVP encourages people to leave if unhappy and people are leaving in groves - hence the multiple job openings - it is not due to growth.

1.0

Jan 9, 2021

Becoming What We All Feared!!!

Financial advisor

Recommend

CEO approval

Business Outlook

Pros

-My immediate co-workers and supervisors are fantastic. Wonderful mentor opportunities in my experience - but I worked with truly exceptional people who cared about me. In turn, I was loyal to them. Not all in my position had the same opportunities - I was very lucky! -Solid pay and benefits - better than average. -A solid planning process - one face one voice. Consistent philosophy within the company so clients know what to expect. -Strong lead generation with Ric's national radio program, best selling books, and national advertising. Leads get screened before you get them so you don't have to spend time prospecting.

Cons

-We were purchased by a private equity firm and things are spiraling out of control quickly. Prior to our purchase and merger, we never had layoffs, sales goals, or pressure from management to hit numbers. That all changed! It takes the focus away from our clients. Now it's all about gathering assets. Growth goals we need to hit to justify our valuation are not reasonable. -Much slower career development compared to the competition. My career would have been leaps and bounds ahead of where it is now if I had gone to work for a competitor. I feel I wasted a large portion of my working career here. Many of my colleagues moved on to other firms and they are well ahead of me now. I wasted years hoping I would get promoted here and it still has not happened despite excelling in every respect. -Becoming uncompetitive - management fee begins at a hefty 1.75%. I felt this was justified a few years ago. Now planning teams only have the resources to deliver the services you typically get with a robo advisor charging about 1/8 of that fee. Fees don't justify the services we provide.

Edelman Financial Engines Response

5y

As we began our journey as Edelman Financial Engines a few years ago, our focus on our clients and the unique services we deliver haven’t wavered – we help millions of hardworking Americans move their financial lives forward. And as a company, we strive to foster a workplace that gives employees the development opportunities to grow their long-lasting careers with us while being compensated fairly and competitively, because without our team of hardworking individuals who live our values and support our clients, we wouldn’t be where we are today. While we’re disappointed that you are feeling this way, we appreciate your feedback and encourage you to share direct feedback with your manager, HR business partner or HumanResources@edelmanfinancialengines.com, so they can help improve your time here with us.

2.0

Dec 8, 2017

Challenging times ahead

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good benefits. Unlimited PTO policy. Nice office space across all locations. Has some big name clients like AT&T, IBM, Microsoft, etc. and enjoys a strong reputation with employers. Still one of the good guys in an industry where people will do anything to get more commission.

Cons

Definitely not the company it was under former CEO Jeff Mag. Has been steadily losing out to competition. Leadership in most departments is completely missing. There are innovations in small pockets within the company but most of that is ground up and happens mainly during hackathons. The company lacks personality and a true north star. They paid a lot of money to acquire Mutual Fund Store in the hopes of having a retail offering but that hasn't been that much of a success. In general it is hard to make out where the company is headed over the next 5 years.

Viewing 28 - 30 of 482 Reviews

Jobs at Edelman Financial Engines

Creative Director, Copy (Remote)

Indirect Procurement Director

Client Service Associate

Outbound Investment Advisor