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Edelman Financial Engines

Engaged Employer

Financial Consultant - Anonymous employee Edelman Financial Engines Employee Review

1.0
Feb 15, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Health benefits are good but very expensive. Over $600 a month for premiums

Cons

Only previous Advisors from Fidelity and Ameritrade are welcome for the most part for planner positions. The only satisfied employees are senior management and some planners that got in before they over hired this last year. They laid off an entire sales department without notice on 2/1/17. There were 2 out of 11 employees who got to take other positions and were demoted even when they are hiring for planners and other similar positions in the firm. Unless you are a planner you are expendable. Ric Edelman talks a big talk on the radio but doesn't implement his advice to his own company. They cut the 401k match in half from 6 to 3 percent. How can this be voted the best place to work by the Washington Post? The markets have more than recovered but the company has no loyalty to its current employees.

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Jun 5, 2026
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Pros

Great firm if you are in to sales

Cons

Very high fee and the clients are not happy

3.0
Mar 2, 2026
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Pros

Pros Edelman provides strong exposure to retirement planning conversations and a fast-paced environment that builds customer service and communication skills quickly. The training and structure help you learn processes, systems, and compliance expectations. You get repetition with real client scenarios, and some teammates are genuinely supportive and knowledgeable.

Cons

The job can feel like a constant sprint. Metrics and monitoring often outweigh judgment and quality, and performance management can feel punitive rather than developmental. Leadership quality varies widely; the experience can depend heavily on your direct manager. Turnover and burnout felt common in the teams I observed.

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Edelman Financial Engines Response
1mo
Thank you for taking the time to share such detailed and balanced feedback. We’re glad to hear you found the training and early exposure to client conversations valuable, and that the structure helped build core skills. We also appreciate the candid perspective on workload, metrics, and leadership consistency. These are areas we continue to evaluate as we work to better balance performance expectations with sustainability, development, and a consistent management experience. Feedback like this is important in helping us strengthen how we support and coach our teams.
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