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First Command Financial Services

Engaged Employer

First Command Financial Services Financial Advisor reviews

4.4

83% would recommend to a friend

(136 total reviews)
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Mark Steffe

94% approve of CEO

90% positive business outlook

Financial Advisor employees have rated First Command Financial Services with 4.4 out of 5 stars, based on 136 company reviews on Glassdoor. This indicates that most Financial Advisor professionals have an excellent working experience there. First Command Financial Services is rated 22% above average by Financial Advisor professionals compared to other employers within the Financial Services industry (3.6 stars).

Reviews by job title

136 reviews
2.0
Aug 10, 2014
Recommend
CEO approval
Business Outlook

Pros

At one of the field offices there are not many pros. Corporate headquarters is very nice and may have benefits not available at small local offices.

Cons

Very hard to make good commissions without selling whole life policies. Some district advisors may have been great advisors but have been promoted beyond their ability, which creates bad district work environment. There seems to be a culture of malicious gossip among some district advisors and management at corporate.

1.0
Aug 9, 2014

Terrible experience

Recommend
CEO approval
Business Outlook

Pros

Unlimited earning potential. Once you become independent, you can set your own work schedule (within reason).

Cons

Management/Leadership has very little interest in helping new advisors be successful. I was expected to work well over 60 hours per week to included weekends and federal holidays, but I was only compensated based on a company published 40 hour work week. I had very little (none) support from my immediate leadership even after asking for assistance on numerous occasions!

2.0
Dec 27, 2013
Recommend
CEO approval
Business Outlook

Pros

1- Support for military families and the ability to implement military benefits into comprehensive financial plans. 2- There is a large selection of investment and insurance products for advisors to recommend to clients. 3- Training program for new advisors at the corporate level is very detailed. 4- Monthly income for new advisors - if they can make the gates (minimum required sales).

Cons

1- The company talks about doing what's best for clients, but the compensation system for advisors pressures them to sell whole life insurance. 2- Slow to pay advisors their commissions and fast to take money on charge backs. 3- Very challenging gates for the first year advisor. Investments sold by the first year advisor does not count towards the quarterly gates (only insurance sales). Only one year program for new advisor income before going to 100% commission. 4- Financial planning software is outdated and not user friendly.

Viewing 127 - 129 of 136 Reviews

Glassdoor has 635 First Command Financial Services reviews submitted anonymously by First Command Financial Services employees. Read employee reviews and ratings on Glassdoor to decide if First Command Financial Services is right for you.