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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
2.0
Jun 18, 2012
Recommend
CEO approval
Business Outlook

Pros

Edelman is a good place to work if you need a reliable job that doesn't take too much of your time. For the most part, you can expect to put in your hours and not have to work overtime, nights, or weekends. Although the company seems to change it's direction quite often (they have been bought out twice, gone public and then private, and have launched and then cut a dizzying amount of different products and services), normally this doesn't affect the average employee's day to day life, making it for the most part a safe and predictable environment. All employees get 3 weeks of vacation/sick time (first year employees will have the time prorated from their start date), and never get pressured to skip vacation or come into the office when sick. Fairfax headquarters staff receive some nice perks including free workout facilities and the occasional lunch brought in for staff, and DC area employees can enter raffles for Nationals tickets and Wolftrap tickets. For the most part the employees are nice and friendly, and it's not hard to get know everyone.

Cons

For those looking to advance their careers, be aware that promotions are rare and usually happen within the same group of about 10-20 people in middle management positions. Client Service Associates in particular (this position makes up a good percentage of the company) are almost never promoted. Although there are always new projects in the works, there is little opportunity to get involved or exposed to anything outside of your own individual responsibilities unless you are well known and well liked by management, almost all of whom work in Fairfax and rarely meet those who work in the satellite offices. Although the hours are predictable, there is little room for flexibility. 9 hour workdays with a 1 hour lunch are strictly enforced, meaning that you cannot take a 1/2 hour lunch or just eat at your desk in order to shorten your workday. There is some flexibility for working either 8-5 or 9-6 (depending on your department), but that's about the extent of it. Telecommuting is not allowed unless you are a financial planner or in the IT department. Raises also seem somewhat rare and usually do not match cost of living adjustments. The company policy is not to give "raises" every year, but to give "merit increases" to those who deserve them. It's a very confusing and subjective standard. The company itself has changed considerably in the last 5-10 years. They have gone from being a small, fun, family-friendly company that didn't take itself too seriously to a large, national corporation with many fewer perks and a much more impersonal feel. There are many layers of management, making it difficult to feel you have a voice or any influence on the policies and procedures that get handed down to you. Perhaps in part because of this, turnover is high. It seems at least once a week we receive an email stating, "the following individual is no longer with the company" (a good example of the impersonal nature of the staff).

4.0
May 24, 2012

I love it!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great place to work with inspiring mission to help people retire with the confidence that their lifetime earnings and investments will sustain them. All management team seems committed to the mission and to the employees and to offering more ways to help employees with retirement. I am able to be very creative in my work and question ideas that I think could be done a better or different way.

Cons

Sometimes we have to go through too many steps that take too long (like needing the legal group to review and approve almost everything) to gain approval to try something new to us that other companies have been doing for a long time-like use social media more in many areas of the company.

4.0
May 7, 2012

I learned a lot.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Financial Engines is truly dedicated to provide high quality investment advice to everyone. You will have the opportunity to work with smart people in a pleasant environment. People at Financial Engines go out of their way to help each other. They seem to enjoy what they do.

Cons

The only downsides would be compensation which could be better and the relative lack of opportunity for career advancement within the company .

Viewing 472 - 474 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.