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Edelman Financial Engines

Engaged Employer

Edelman Financial Engines reviews

3.3

48% would recommend to a friend

(482 total reviews)
avatar

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
Oct 28, 2015
Recommend
CEO approval
Business Outlook

Pros

Free food and drinks. Nice office space. Convenient location.

Cons

Clearly one of the worst companies in Silicon Valley. No tech/product innovation. Engineering moves slower than snail.Tech leadership consists of a bunch of people who have stayed in the company for more than 10 years. They have no idea how outdated their tech stack is in comparison to the outside world. Their flagship product is still paying their bills. Worker bees are constantly pulled between conflicting priorities. No transparency and no empowerment given to employees. High attrition rate across all levels, people are hired by giving them false hopes. If you are an engineer who wants to do something exciting then this is not the right place for you. Recruiters are hiring engineers who have no drive and are looking for a laid back job. New ideas are constantly shot down due to too many stakeholders and by giving power to the wrong people in the room. Constantly changing vision with no explanation given. Salaries are poor. Bonus is not even worth mentioning. Their stock price has been on a constant decline from the highs in 2013 and is only moving downwards. Come here if you don't get job elsewhere.

1.0
Sep 7, 2020
Recommend
CEO approval
Business Outlook

Pros

Initially it seemed to be a great company but a few months after starting I started to see some major red flags and breakdowns. This company is owned by a private equity firm. Multiple acquisitions in a short amount of time bringing together VERY diverse companies. The culture is ridiculously disjointed and contentious. Oh wait....these are the pros. They have food in the office and alcohol. The office was 5 minutes from my house.

Cons

This was, hands down, the WORST professional experience of my 35+ year career. If you want to join a company that has good, honest leadership, strong principles and clear direction this is NOT the company! Run away far and fast. If you have no other options...take your chances.

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Edelman Financial Engines Response
5y
Thank you for sharing your personal experience working at Edelman Financial Engines. Millions of hardworking people turn to us as a trusted advisor. Our incredibly dedicated team of diverse individuals have helped us become the best and largest RIA firm in the industry. We’re incredibly proud of our team, our mission to help millions of people who don’t have millions, our values and commitment to each other. We strive to attract and retain the very best people in the business. While we’re disappointed to learn you didn’t enjoy your experience as a member of our team, we wish you continued success and growth in your career and thank you for the contributions you made during your time with us!
1.0
Jun 20, 2014

Work hard for Zero Pay

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I can't think of any at this point

Cons

Bonuses are capped at $300, there is zero upward mobility, they'd rather hire someone from the outside than promote from within. Trip to Disney! Sure, and then tax me on it. No thank you.

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Edelman Financial Engines Response
11y
We welcome the opportunity to respond to “Work Hard for Zero Pay” from a former employee, because it contains many inaccurate statements. Compensation: We do not agree that a hard-working individual earning a salary of $60,000 per year is a “bottom feeder.” In 2014, our firm was ranked #9 on the Best Places to Work list by the Washington Post. The award was based on employee surveys, and about 90% of our employees participated. Collectively, on a scale of 1-5, they ranked salary satisfaction as 4.5. Bonuses: They are not capped at $300, rather, when individual staff members receive a bonus, it’s because they have met performance goals. Promotions: We love to promote from within! So far in 2014, for example, 15 staff members have been promoted – pretty good stats for a company our size. We know our employees are our greatest resource, and we actively support their career development. It’s good for them, and it’s good for us – a true win/win. Disney: We are disappointed that someone would criticize our decision to take the entire company and all of their families to Walt Disney World for four days! Yes, we invited all our employees and their families to Disney in celebration of our 25th anniversary. Yes, we paid 100% of each employee’s hotel and airfare – and the trip was optional – not mandatory. Like it or not, tax law required that the costs associated with bringing family members be regarded as taxable income; most of our employees considered this a small price to pay for what was otherwise a fully-paid vacation for their families. Besides, inviting family and friends along was voluntary, not mandatory. We hosted nearly 1,000 people for four days – it was a great trip! Cars: Our founder’s personal vehicle is pretty simple too. Beyond being a personal choice, it’s obvious that 27 years of commitment to clients and staff have paid off, so yes, our founder drives a nice car. We wish we could have talked through your posted comments in person and allowed us an opportunity to emphasize our firm’s commitment to its employees. The real truth is great things are happening here!
Viewing 10 - 12 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.