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Cetera Financial Group

Engaged Employer

It’s a Paycheck and That’s About All - Analyst Cetera Financial Group Employee Review

2.0
Jun 19, 2020
Recommend
CEO approval
Business Outlook

Pros

Salaries are within industry norms. The company’s benefits have slowly improved. A somewhat increased effort to foster employee volunteerism appears promising. Depending on the manager, your hours can be flexible. The company’s current owner, Genstar Capital, appears to be placing in motion it’s plan to improve profitability and competitive strength.

Cons

A challenged company, “Cetera” has slogged through name changes, multiple ownership changes, a bankruptcy and is currently positioned within a private equity portfolio, likely to be jettisoned to a new owner in a few years once revenue and efficiency targets are met. Highly leveraged (approx. 50%) with debt that’s currently rated “junk” by a major rating agency, the company has a long way to go before management can focus on employees and advisors instead of just the bottom line. As a result of its tumultuous history and mismatched broker-dealers, the company is a rag-tag group of business units that have never really known where they are going or why. As for working for the company, you’ll do well if you can break into the clique of favoritism. You’ll have friends, assignments will be fairly pleasant and reasonable, and you might even get promoted. If you’re unable or unwilling to play “the favorites game,” you’ll be tolerated while leaders figure out a way to manage you out. Fall somewhere in the middle and your experience won’t be hellish, but it won’t be spectacular, either. If you like mediocrity, Cetera is your kind of place. Technology has always been behind the times, but the job gets done. It simply takes twice as long. Promises of new technology have been made and it appears that some systems may get the upgrades they’ve needed for years. Some recent upgrades to HR systems are welcome, with the exception of a third-party performance management system that can only be described as a first-class disaster.

Explore other reviews about Cetera Financial Group

5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Overall, I've had a very positive experience. One of the biggest strengths has been the people. I've had the opportunity to work with a great team and strong leadership, and everyone has been supportive, collaborative, and approachable. I appreciate the positive culture and the willingness of colleagues to help one another and share knowledge. I also value the work-life balance, which have helped create a healthy and productive work environment. The team fosters open communication, and I've enjoyed the variety of work and the opportunity to learn from different people and perspectives. Overall, it's been a great place to work, and I've genuinely enjoyed being part of the team.

Cons

* Greater visibility into long-term career development and advancement opportunities would be valuable. Establishing more structured career development programs and mentorship opportunities could help employees better understand potential growth paths and support their long-term development. * While there have been noticeable improvements, having more in-office activities and opportunities for collaboration and connection for employees who come into the office could make the experience more engaging and further strengthen team culture and employee engagement.

3.0
Jul 8, 2026
Recommend
CEO approval
Business Outlook

Pros

I truly love the people I work with, my team itself is 100% the best part of this job. Reliable employment in this job market. It’s hard to get fired

Cons

Hybrid is great, but I hate that they keep pushing in office more and more. It truly impacted my work life balance after last year when the hybrid policy was changed. Benefits reduced after Avantax was bought by cetera. Bonuses are far from generous for being annual. Team is understaffed, takes forever to back fill roles once someone leaves due to HR red tape.team is stretched thin at this point Workload significantly increased after Avantax was bought by cetera The systems suck, nothing works and tech seems to have no idea how to fix things. Cetera is in the business of acquiring more and more firms vs improving what already exists Really pushing the use of AI and they closely track your usage. AI use is factored into your review and bonus

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