Does 40|86 Advisors pay their employees well?

According to anonymously submitted Glassdoor reviews, 40|86 Advisors employees rate their compensation and benefits as 3.2 out of 5. Find out more about salaries and benefits at 40|86 Advisors. This rating has improved by 6% over the last 12 months.

How satisfied are employees working at 40|86 Advisors?

32% of 40|86 Advisors employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated 40|86 Advisors 2.6 out of 5 for work life balance, 2.1 for culture and values and 2.4 for career opportunities.

What are the pros of working at 40|86 Advisors according to real employee reviews?

"Friendly, helpful people in some departments." ((in 3 reviews))

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40|86 Advisors

Part of CNO Financial Group

40|86 Advisors reviews

Pursue Other Opportunities First - Would NOT Reccomend - Senior Analyst 40|86 Advisors Employee Review

2.0

May 12, 2022

Senior analyst

Recommend

CEO approval

Business Outlook

Pros

They have a strong emphasis on continued education whether be obtaining your CFA or Master's Degree and budgets for it for every employee each year. Work is rewarding.

Cons

Burnout from day one, filled with "yes-men" and micromanagers on every level, no recognition, low pay for the industry and minimal advancement, superficial relationships throughout the firm, fear based culture, abrasive, constantly trying to find someone to blame and to pass the buck to, and the complete opposite of collaborative and a true "team effort".

Explore other reviews about 40|86 Advisors

5.0

Jan 18, 2012

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

The culture is amazing-everyone works hard but is very friendly and collaborative Salary and benefits are very competitive Very flat organization-can walk into anyone's office anytime and they will stop to listen Good advancement opportunities No micromanaging-the focus is on results Flexibilty They have snacks for the whole company several times a weeks (pizza, wings, fruit and veggie trays, nuts, pastries, coffee, hot chocolate, etc.)

Cons

People get hung up on what the "norm" culturally should be and anything that falls outside that is wrong This can be a pro or a con depending on who you are but 40|86 isn't very structured, there aren't a lot of defined ways of doing things, specific trainings or red tape. I personally flourish in that type of environment but some people would prefer the structure.

1.0

Sep 19, 2025

Anonymous employee

Recommend

CEO approval

Business Outlook

Pros

Good oay and decent benefits

Cons

Micromanager- was very carefully reviewed and watched

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40|86 Advisors

Pursue Other Opportunities First - Would NOT Reccomend - Senior Analyst 40|86 Advisors Employee Review

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