Please Please Stay Away there's better opportunity out there - Retirement Plan Specialist Equity Trust Company Employee Review

1.0
Sep 9, 2010
Recommend
CEO approval
Business Outlook

Pros

The Training is good, and you get to add a new skill set to you resume. You get to learn a lot of different investment types besides the normal stocks, bonds and mutual funds. That's it.

Cons

Management is terrible. Things change daily in the sales department. It reminds most of us of a boiler room in a lot of ways. It's always SELL SELL SELL...CLOSE CLOSE CLOSE. Lots of Churn and Burn type of mentality and that applies to clients and sales representatives. In my time there I must have seen 15-20 reps come in and leave in the first 3 months. Compensation is horrible they claim you can make $100K but really the only ones that make that is management. If you are in the financial services industry already please stay away it will only bring you back down. There's absolutely no career path in the sales division you are pretty much stuck there with no advancement opportunities. Basically a dead end. It does take quite a bit of will power to stay there that long. Most people stay there for the pay check because they don't have what it takes to go out on their own.

Explore other reviews about Equity Trust Company

5.0
Dec 14, 2025
Recommend
CEO approval
Business Outlook

Pros

Fast-paced environment Execution and Initiative are valued

Cons

Need to be adaptable to a fast-moving environment

1.0
Jun 22, 2026
Recommend
CEO approval
Business Outlook

Pros

The paid time off is good

Cons

Works employees to death - tons of mandatory overtime required Management does not support employees Yearly bonuses were taken away for monthly bonuses just so the company doesn’t have to pay out bonuses. You cannot make a single mistake because they don’t believe in the fact that humans make mistakes. You will get written up and put on a PIP. No chance to move up in the company, they already have the people that they want and they will pick and choose who to put in what positions. STAY AWAY!

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