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      Osaic

      Engaged Employer

      Osaic reviews

      2.5

      29% would recommend to a friend

      (454 total reviews)
      avatar

      Jamie Price

      31% approve of CEO

      24% positive business outlook

      Ratings by category

      3.0

      Diversity & inclusion

      2.9

      Work/Life balance

      2.7

      Compensation and benefits

      2.3

      Culture & values

      2.3

      Career opportunities

      2.2

      Senior management

      Osaic has an employee rating of 2.5 out of 5 stars, based on 454 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Osaic employee rating is 31% below average for employers within the Financial Services industry (3.6 stars).

      Ratings by demographic groups

      Reviews by job title

      454 reviews
      1.0
      Jan 6, 2022

      Welcome to Corporate America

      Cxo
      Recommend
      CEO approval
      Business Outlook

      Pros

      It pays the bills? I can't think of anything that "got better" with the company nor have I had the opportunities to advance my career. The benefits are good, but they come with caveats: 20 Days of PTO -- At the end of every year, if you have more than 40 hours of PTO, you will lose it; they don't carry over any hours above 40. So, on January 1, you have to start all over again and accrue your PTO. Insurance (Medical) -- It's great!...if you're single. But if you want to insure your spouse, that could cost a couple extra hundreds. Oh! Here's one; working from home. If you just need a job to pay the bills, it's fine. Apply and join. But if you are wanting more of a career path where you can actually grow and be supported, and you want to feel like you make a difference in the world, keep looking. There are numerous, forward-thinking companies out there.

      Cons

      Advisor Group (AG) is the typical corporate America, you're just a payroll number and you should just be happy you have a job, type of culture. AG pays lots of lip service to their employees. I hear people say, "It's a great place to grow your career." But when you ask about career pathing and competencies, or how to advance from one level to another, no one knows. No answer from the manager, or the next manager, not even HR. AG is very low in pay. They told us everyone's pay was going to be reevaluated, but that was two years ago. Maybe they forgot? I could go on about how much I hate this company, but it won't be very useful. Instead ask yourself if this is the kind of company you want to share your talents with; In February 2020 AG bought four businesses; two larger and two smaller. In one of the larger firms, numerous employees were demoted via email. In the summer of 2020, AG absorb both smaller businesses' assets, but not the employees. The employees were laid off. That fall, they laid off more employees in the larger firms. Now, it's January 2022 and AG is on a hiring spree...

      avatar
      Osaic Response
      4y
      Thank you for taking the time to write a thoughtful review of your experience at Advisor Group. With regards to time off, it is true that we limit PTO rollover from one year to the next to 40 hours. We do this to encourage employees to take their time off in the year it is earned to rest and relax away from their work responsibilities. Our high-performance culture must be balanced with time away for mental wellbeing. Our PTO offering is 20 days of PTO plus 5 days of sick time, 2 volunteer days and 9 paid holidays (increasing to 10 next year) – this is a competitive package in the marketplace and we are happy to provide this time to all of our employees. Our health and welfare offerings, inclusive of medical, dental, vision and additional income protection coverages like short- and long-term disability coverages are reasonably priced, with the company paying a significant portion of the premium. And to be clear, In the event the spouse does not work or cannot get coverage at their place of work, they will be covered under a discounted plan. Many employees who experienced a job loss due to our 2020 M&A actions were able to fill another open role within AG. We continue to grow at a rapid pace and have added additional resources as needed; these include challenging experiences that build career path options for the future.
      1.0
      Jan 27, 2019

      Highly Toxic Company Culture!

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Pay and benefits are pretty good. Work-life balance is ok. There are some good people in the organization and some strong bonds that can be formed because of the mutual suffering that employees face together being mistreated by senior leadership.

      Cons

      If you enjoy being treated like a child, if you enjoy condescending speech, if you enjoy being treated rudely and embarrassed publicly, if you enjoy having little-to-zero autonomy and empowerment, and if you enjoy being “led” by an incompetent senior leadership team, then THIS IS THE PLACE FOR YOU! Highly toxic culture! Lack of internal teamwork. Leaders are not held accountable. No real direction or vision. Senior leadership is scattered and all over the place — busy, busy, busy... but headed nowhere!

      avatar
      Osaic Response
      7y
      I am disappointed to hear your experience and perspective regarding your employment while here at AG. We believe strongly in creating an environment where every employee can develop and share their natural leadership skills, regardless of their role. In fact, one of our principles is that each employee at Advisor Group matters and is empowered to challenge the status quo and dialogue with others to create a great culture and environment. We are all accountable to this. I would ask that you and any employee feel confident enough to engage with me directly on the issues you raise and to propose solutions: I will listen! Jamie
      1.0
      Dec 30, 2024

      Do not look back on my time fondly

      T&o
      Recommend
      CEO approval
      Business Outlook

      Pros

      Nearly none; besides immediate vest so you can leave as soon as possible.

      Cons

      -Zero training whatsoever across the firm. This was evident every single day I worked here, getting anything done internally was a constant fight against errors and lack of ownership across any group/seniority. Also, for the caliber of employee that they attract, more than the normal training is necessary (this can be attributed to pay, location decisions, and hiring manager qualities. -I have never seen a workforce less connected/invested in a company and a company. Combination of quiet quitters there for a paycheck and extreme disconnection of management. If they let go of under-performers, they’d never be able to organically fill the vacant seats. -The quality of advisors that the firm supports is very poor with few exceptions. Being PE owned growth at all costs makes sense, onboard a clueless rep with $10mm AUM across 200 accounts. The saying “bottom 20% of clients take up 80% of time” has never been more true, except the split here was more like 10/90. But hey! Affiliation fees to keep Reverence happy! -Poor advisor quality, poor employee quality (due to management), worst rebrand of the millennia, and disconnected management are all reasons to stay away. -Forgot to mention: RTO rug pull, and 2023 bonuses delayed by 2 weeks and cut by at least 15% for marked high performers & raises in the 2-3% range. Zero culture at the firm with oblivious management leads to discouraged workforce and low performance. Good place to fly under the radar for a bit of cash and low expectations. But horrible for any ambitious employee.

      Viewing 16 - 18 of 454 Reviews
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      Glassdoor has 494 Osaic reviews submitted anonymously by Osaic employees. Read employee reviews and ratings on Glassdoor to decide if Osaic is right for you.