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Advicent Solutions

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The stress is not worth it - Support Advicent Solutions Employee Review

2.0
Aug 28, 2020
Recommend
CEO approval
Business Outlook

Pros

I thoroughly enjoyed most of the people on my team that I got to work with in my day-to-day life at Advicent. A handful of my colleagues will remain close friends of mine. PTO started out at 4 weeks, but I believe that has gone away for all salaried employees.

Cons

The level of stress and dread that my role caused me to experience is unparalleled by any other job that I have had. The executive team seems to think that Advicent is far more innovative than they actually are. Additionally, I heard through the grapevine that when the company did massive layoffs in early June, the executives took no sort of pay cut to keep more employees on board. If this is true, it paints a selfish and greedy image of their character. In my experience, there is very little room for growth at the company. If you are working in a support role, be prepared to take a handful of verbal abuse, not from your colleagues or leaders, but from the financial advisors that will be calling into the queue. I cannot fault Advicent for these problematic callers, but this is a significant factor that made me anxious about coming into work every single day. Not all of the callers are rude or abusive, but the bad calls stick with you. Eventually I found it difficult to separate work from home, and I carried the stress of working here with me everywhere.

Explore other reviews about Advicent Solutions

5.0
Sep 12, 2022
Recommend
CEO approval
Business Outlook

Pros

Advicent was great - all went downhill after they were acquired by Investcloud. Majority of the team left within a few months of the acquisition (taking the great company culture along with them). Had nothing but great things to say about Advicent... Investcloud is a different story entirely.

Cons

Lack of transparency, mainly surrounding the Covid-era layoffs. To be honest, this is fairly on-par with other Covid layoffs but was one of the only cons I could think of.

5.0
Dec 24, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great people to work with. They're mostly very intelligent, fun, and willing to help you if have any issues. It may be just me but I have not seen any kind of politics being played that would reduce focus on the job. - Culture is fun and inviting. There are a lot of events and collaboration/sharing across teams and departments. - From all of my experiences, managers do everything in their power to provide employees with the necessary resources and means to do the best in their position. This is all you can really ask, you have to do the rest and work hard. - Work-life balance is extremely helpful. Per the norm, 40 hours are expected but you have flexibility in essentially choosing your hours other than core ones and being available for meetings.

Cons

- Pay is across the board lower than average. That being said, if you're an above average employee then that will not be the case. Pay is likely lower than average due to the young workforce which is primarily 1-4 years out of college. - Training: in most positions, there is not a fully developed or organized training program. This is actually a plus and minus. On one hand it teaches you to deal with ambiguous situations. But it does make some people feel uncomfortable. It does however allow the organization to find people that can thrive with minimal direction.

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