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Advicent Solutions

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Lack of leadership - Anonymous employee Advicent Solutions Employee Review

2.0
Sep 15, 2020
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great flexibility and ability to work remotely, even prior to covid - Most employees are intelligent and hard working. I always enjoyed coming to work with coworkers - I started at Advicent rather early in my career which allowed me a lot of learning opportunities - Not all leadership is bad

Cons

I think what most people have said on here is spot on. In my entire time at Advicent I saw incredibly high turnover (much higher than industry average), lack of leadership and direction, constant firedrills, and a lack of understanding and a disregard of financial position from leaders. There was no clear go-to-market plan, and executive & senior management tried to shift blame by creating a separate committee to create a plan halfway through what should have been a partially-executed go-to-market plan. I had good support from my direct leaders, however, outside departments heavily influenced our ability to make improvements. I did not feel as though I could progress at this company, nor did I feel that I had support of HR when personnel issues arose. By far the worst thing, which others have mentioned, was the handling of the layoffs/furlough in June. I was thankfully not impacted by it, but the execution was heartless and cowardly.

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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