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Edelman Financial Engines

Engaged Employer

Edelman Financial Engines reviews

3.3

48% would recommend to a friend

(482 total reviews)
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Ralph Haberli

22% approve of CEO

44% positive business outlook

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).

Reviews by job title

482 reviews
1.0
Feb 15, 2017

Financial Consultant

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Health benefits are good but very expensive. Over $600 a month for premiums

Cons

Only previous Advisors from Fidelity and Ameritrade are welcome for the most part for planner positions. The only satisfied employees are senior management and some planners that got in before they over hired this last year. They laid off an entire sales department without notice on 2/1/17. There were 2 out of 11 employees who got to take other positions and were demoted even when they are hiring for planners and other similar positions in the firm. Unless you are a planner you are expendable. Ric Edelman talks a big talk on the radio but doesn't implement his advice to his own company. They cut the 401k match in half from 6 to 3 percent. How can this be voted the best place to work by the Washington Post? The markets have more than recovered but the company has no loyalty to its current employees.

2.0
Dec 1, 2017
Recommend
CEO approval
Business Outlook

Pros

All office locations are well built out with decent perks. Mission of the company is admirable and I think that management really wants to see it through. Working in KC or SF can be a great experience, the leaders on site are well informed and care about their employees. KC/SF seem to have flexible work life balance...

Cons

Working in the Phoenix office is rough. There is no top leadership, or even close to the top leadership in the office. No flexible work life balance at all. When I was there, no emphasis was placed on personal development. I found many leaders unable to effectively communicate expectations which is a huge problem for everyone. More disturbing though, is the company seems unable to define what it wants to be... Is it a tech company or a finance company? Even fintech wouldn't properly describe them, as they aren't fully committed to the 'tech' part in a meaningful way anymore. Lastly, I am also concerned about the company's future. They are at a crossroads where their core competency isn't enough to maintain customers... Great decisions were made during the founding and that has worked out really well. Though, with competition mounting, and new entrants from all sides, I doubt they can evolve fast enough beyond their core competency to maintain customers.

1.0
Nov 19, 2017
Recommend
CEO approval
Business Outlook

Pros

This is a very conservative company in a very conservative industry. If you like it you are in right place.

Cons

Products and technology are obsolete. No innovation. Usually things are 5-10 years behind industry standard. Some departments have very high turnover, like 100% in 2 years.

Viewing 31 - 33 of 482 Reviews

Glassdoor has 514 Edelman Financial Engines reviews submitted anonymously by Edelman Financial Engines employees. Read employee reviews and ratings on Glassdoor to decide if Edelman Financial Engines is right for you.