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Edelman Financial Engines

Engaged Employer

Edelman Financial Engines reviews

3.3

48% would recommend to a friend

(484 total reviews)
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Ralph Haberli

21% approve of CEO

44% positive business outlook

Edelman Financial Engines has an employee rating of 3.3 out of 5 stars, based on 484 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

484 reviews
1.0
Aug 8, 2009
Recommend
CEO approval
Business Outlook

Pros

It used to be a very nice company when it just started where people were nice with bunch of great ideas.

Cons

No career growth with very low compensation. Management harassment all over the place with no HR to protect you. Company full of management lunatics that only worry about what they put in their pockets. Many good people including executive management leaving company as they feel company hasn't changed and have no future. Engineering and QA has been outsourced to India that lead to very poor product quality that over time is just getting worse and worse. Server side is extremely unstable and crashing all the time. Basically, it's not about people, it's about how much money management can put in their pockets.

1.0
Mar 6, 2025
Recommend
CEO approval
Business Outlook

Pros

Nothing is great at this place

Cons

Everything in this company is a negative. They hired too many developers over the years for what they need to accomplish. So everyone is trying to grab the projects. The senior leadership in technology is just unaware of their hiring mistakes. Maybe they are aware but not willing to accept their mistake. Working here you will constantly question when a change would be coming in. It will make you question your worth. You will be geared up to work on a project and by then someone will come and grab it. I understand expanding the company as they are growing but this company hired too many developers for rather a slow pace of growth. As a developer I look for challenges - this company cannot provide those challenges. Most people in this company have been here for years doing nothing exciting but they love to show that they did everything. They always want to show themselves as the most hardworking. If you are looking for a company that challenges you as a developer and doesnt make you run around grabbing projects to work on - avoid this company. One of my worst career experience has been with this company. To all those who commented positive here are just folks who are devotees of this company not because they like their job but because they started losing their developer talent and struggling to find job elsewhere. I got out quick and saved myself from the time waste.

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Edelman Financial Engines Response
1y
We're sorry to hear that you were not satisfied with your experience here at EFE. We appreciate you bringing this to our attention and will pass along the feedback to our team. Thank you.
1.0
Nov 20, 2024
Recommend
CEO approval
Business Outlook

Pros

You can learn the ropes of the industry, but company is rapidly losing market share to competitors. This is a non innovative firm, that does not live up to promises. Management constantly skates to where the puck was, not where the puck is going, while telling their employees that are skating to where the puck is going. The lack of responsibility for poor management decisions, and doubling down on said poor decisions, while telling your employees “it’s all good” is asinine. Learn your basics and leave to a firm that provides clear growth, exposure to presenting to clients, and opportunities to grow your own book of business, etc. Client service associates are paper pushers. Don’t buy the hype of possible career growth, or do so at your own career detriment . Don’t listen to their hype of “warm leads”… Example of poor company management: Internal financial planning tool, don’t listen to the company / manager hype. Third party providers have 10x better solutions for financial planning software. Second example: TED tool. It’s not hard to figure out which blend of taxable / qualified assets to draw in retirement? Acting like this is an earth scattering solution, while closing the company eyes to worthwhile financial planning solutions is pure insanity. Will they pivot from these tools? No… they have made too large of an investment to pivot. The Barron’s “top RIA” is nothing more than a marketing play. Do not believe any hype, or do so at your own risk.

Cons

No career growth No solid lead flow No strong differentiators compared to industry leaders Poor management Ask yourself- why are so many financial planners leaving the firm? How this firm obtains clients with over 1M of assets is beyond me. Way better RIA offerings in the marketplace. Learn the basics then leave, do not burn multiple years here. This will not be your life long firm although others will tell you otherwise. Beware of the trap of “drinking the EFE koolaid”. Ask yourself why EFE, the largest RIA, not on a single referral platform from Schwab, Fidelity, ETC? It’s not that EFE wouldn’t love to be on those channels… EFE does not have a strong enough offering to be included.

avatar
Edelman Financial Engines Response
1y
Thank you for sharing and we’re sorry to hear about your experiences at work. We’re dedicated to creating a positive and supportive environment for all our colleagues, so please reach out to our HR team so we can discuss your concerns in detail.
Viewing 151 - 153 of 484 Reviews

Glassdoor has 516 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.