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First Command Financial Services

Engaged Employer

First Command Financial Services reviews

4.4

87% would recommend to a friend

(86 total reviews)
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Mark Steffe

92% approve of CEO

88% positive business outlook

Reviews by job title

86 reviews

Reviews about "Management"

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5.0
Mar 1, 2023

A True Meritocracy

Recommend
CEO approval
Business Outlook

Pros

First Command has been the first organization I have ever worked for, that appears to be a true meritocracy. Opportunity is based upon performance and not who you know. One's abilities and the accomplishments therein govern the path and success one achieves. As the sole business owner, the decisions and management style of others is not part the equation, as it relates to your day-to-day operations. Rather it is you the owner that charts your own course and manner in how you the owner pursues the goals inherent in that course. Owners have access to the best mentors, educational programs, principals. With that support, establishing a business model best suited for me, pursuing that which I deem worthy, and achieving success on my terms, based upon my merit is why I have chosen as a life long career, First Command.

Cons

Many people express some consternation with compensation occurring once a month versus twice a month.

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First Command Financial Services Response
3y
Thank you for taking time to share your experience as a First Command Financial Advisor. We seek to attract and retain talented people by providing Advisors with opportunities to enhance their professional knowledge, develop leadership skills and grow within the organization. Our Advisors go through an extensive training program designed to equip them to succeed as independent contractors. Some of the benefits of that program include paying new Advisors during the training period and offering a full array of employee benefits. They are eligible to earn a strong income through competitive industry commissions on sales of financial products, plus additional annual and deferred compensation. The rewards of hard work and dedication are a satisfying career, a company that fully supports you, and the opportunity to help those who serve in their pursuit of lifelong financial security. We appreciate your feedback and thank you for sharing your experience.
5.0
Feb 27, 2023
Recommend
CEO approval
Business Outlook

Pros

Client focused, employee focused, ESOP benefit, strong maternity and paternity leave, promotes from within, culture of care and respect, great work life balance

Cons

I wouldn't really list anything as a con, but I think there are opportunities First Command has by just including to listen to employee voice through feedback and surveys.

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First Command Financial Services Response
3y
Thank you for taking time to share your experience. We maintain our strong culture and mission by attracting and retaining talented people. We focus on providing our employees with opportunities for professional growth and reward them through an attractive compensation and benefits program, including paid parental and military leave and a flexible, hybrid work environment. In addition, as an employee-owned company, First Command offers an Employee Stock Ownership Program to qualified employees. This valuable retirement benefit is funded entirely by company contributions. We value all feedback and rely on employee surveys and Glassdoor reviews to share critical insights with our leadership team and continue to improve, so thank you again for sharing your experience.
5.0
Feb 27, 2023
Recommend
CEO approval
Business Outlook

Pros

First Command is like no place I have ever worked. From the top to the bottom, everyone is committed to helping each other succeed. Board members that will attend events at your personal request, and fellow advisors always willing to share their knowledge. No one dies alone. As a contractor, not an employee, my goals are my own. Income, work load, work hours, I am in control of what I am willing to do. My business can be as large or as small as I am committed to creating. Larger can be better than you bargained for with First Command's deferred compensation programs, annual awards conferences, and other rewards. The personal fulfillment associated with helping our nation's military families create their own financial peace is immeasurable.

Cons

There is little that I can say as a "con" at First Command. Most of the cons come with simply being a contract employee. As a contractor, there are no employee benefits - like health ins, vacation pay, personal assistants. I have to provide all these things for myself. There is no minimum income. There are situations where your pay might be $0 for the month or it could be 5 figures. Feast or famine - you take on the risk - not "The Man". Your income comes from your client's commitment to execute and continue to execute the plans you crafted and defined for them. Some clients don't want a connection with their advisor and others crave it. This is the best and worst all in one. This will make you or break you.

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First Command Financial Services Response
3y
Thank you for taking the time to share your experience as a First Command Financial Advisor. The mission of the company is incredibly important to our Advisors. They tell us that one of the most compelling elements of this career is the opportunity to serve military personnel and their families in a meaningful way. One of our most valuable offerings is the Fast Start program, which provides intense professional development to prepare new people for success as independent Advisors. Some of the benefits of that program include paying new Advisors during the training period and offering a full array of employee benefits. Through the program, our Advisors learn how to build and grow their own business, serve new clients and provide quality, face-to-face financial coaching. Our Advisors are eligible to earn a strong income through competitive industry commissions on sales of financial products, plus additional annual and deferred compensation. The rewards of hard work and dedication are a satisfying career, a company that fully supports you, and the opportunity to help those who serve in their pursuit of lifelong financial security. We appreciate your feedback and thank you for taking the time to share your experience.
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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.