Great place to start career - Financial Services Consultant TIAA Employee Review

4.0
Mar 29, 2024
Recommend
CEO approval
Business Outlook

Pros

1. Management is very good. TIAA doesn't pressure you to sell anything. TIAA cares about their employees and participants. Great coaching and training. There is opportunity to shadow other departments. 2. Great work life balance. TIAA has flexible shifts from 8 am to 8 pm in 8 hours segments. You can temporarily change your shift or request partial PTO. No work required after you leave the office. 3. Opportunity for lateral movement within 18 months in department. There are constantly new opening for positions within the department for Premier, Brokerage, National Support Line, Chat, and Mentoring.

Cons

1. Bonus Compensation is weak. There is only one annual bonus of $7,500. Most other firms have quarterly bonuses which are larger. Since TIAA doesn't have high expectation for sales there isn't opportunity to make large bonuses. Other firms are more sales oriented so you could make more money if you want to make sales. I am leaving the firm next month because of this main reason. 2. External movement is harder than competing firms. TIAA has a 18 month policy to be eligible to leave the National Contact Center Department. Most other firms allow for you to move outside the department after 12 months. I have been in the department for 12 months. My goal is to be in the Wealth Management Department. This is part of my reason for leaving next month.

Explore other reviews about TIAA

5.0
Jun 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work life balance, good benefits, decent pay, ease of running your own practice as an “advisor”, and healthy work environment

Cons

Management styles can vary and affect your experience, upper management doesn’t seem to be well equipped to ensure the organization’s success but it is resilient nonetheless.

2.0
Jul 4, 2026
Recommend
CEO approval
Business Outlook

Pros

Good starting salary and benefits package.

Cons

The longer you’re there, the more of an expectation that you work more for the same or less income. Producers find it hard to justify staying when leadership keeps moving the goal posts on how to increase income. No rhyme or reason as to how they decide “promotions.” One advisor might have one good year and get promoted over an advisor that produces year in and year out. They fail to share revenue because they’d have a hard time justifying the income level compared to outside advisors with a fraction of the book size. They claim and depend on brand recognition to justify a capped income but fail, or just won’t admit that is why they keep losing their top talent. Operations is a nightmare that I can’t even begin to describe. When I share the processes that have been in place for over a decade, colleagues in the industry shake their head and laugh. They can’t believe we earn and keep business. The saying while I was there was “the biggest threat we face is that TIAA clients start to explore their options outside of TIAA.”

See reviews by: Helpful|Rating|Date|All