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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
Jan 9, 2021

Becoming What We All Feared!!!

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.

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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.
5.0
Jan 8, 2021
Recommend
CEO approval
Business Outlook

Pros

I had a Supportive Manager

Cons

Work Life Balance is challenging

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Edelman Financial Engines Response
5y
Thank you for sharing your experience at Edelman Financial Engines! Your feedback will help us continue to improve for the future.
5.0
Dec 17, 2020

IT REVIE

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I love everything about working here.

Cons

I have nothing bad to say here.

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Edelman Financial Engines Response
5y
Thank you for taking the time to share your experience. We’re happy to have you on our team here at Edelman Financial Engines!
Viewing 247 - 249 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.