you pay to work here - Financial Advisor BMO US Employee Review

1.0
Jan 3, 2025
Recommend
CEO approval
Business Outlook

Pros

LPL platform and technology are helpful

Cons

almost everything the company offers is a con. worst health care we have ever had with the highest deductible, lowest grid levels for payouts, the comp plan makes all employees competing over the same customers, forced referrals to other divisions based on customer balance not relationship, management? what management, this company has been false promises since day one will put you in debt for their own benefit, everything comes out of the advisors pocket.

Explore other reviews about BMO US

5.0
Jun 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Great team, growth, good bonus

Cons

Lean team, nights / weekend deployments

1.0
Apr 24, 2026
Recommend
CEO approval
Business Outlook

Pros

Pros: • Great coworkers who foster a supportive team environment. • Strong commitment to community engagement and involvement. • Attractive annual bonuses and competitive quarterly compensation.

Cons

Cons: • High levels of sales pressure, which can be overwhelming at times. • Concerns about management, particularly after the hiring of former Bank of America leadership; implementation of their sales culture. • Recent changes to branch names (now referred to as Financial Banking Centers) suggest a shift towards Bank of America's practices. • Many branch managers are on performance improvement plans and face pressure to meet 100% of their goals weekly, leading to a stressful work environment. • There are reports of unethical sales practices that may require regulatory attention. Overall: BMO offers a positive work atmosphere with great benefits, but the increasing sales pressure and management issues may raise concerns for potential employees.

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