40|86 Advisors reviews

2.3

32% would recommend to a friend

(18 total reviews)

Eric R. Johnson

61% approve of CEO

46% positive business outlook

40|86 Advisors has an employee rating of 2.3 out of 5 stars, based on 18 company reviews on Glassdoor which indicates that most employees have an average working experience there. The 40|86 Advisors employee rating is 38% below average for employers within the Financial Services industry (3.7 stars).

Reviews by job title

18 reviews
1.0
Dec 16, 2012

Worst company to work for!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's a regular 8-5 job and it located in a good location. Opportunity for educational advancement is there but it does not correspond to job growth within the company. Willingness to take on new college grads.

Cons

Horrible salary structure for new employees. Negotiate on your base salary, don't let them push you to accept whatever they want. Always remember they want you. Discouraging work environment. The people who will do the best in this company are the people who are prepared to suck up to higher management. Lack of vertical growth. The company is very stagnate. Upper level positions are filled by people who have been there for years while the lower positions have a high turnover rate. Don't expect to work your way to the top. Marginal benefits. They offer health insurance but it is a high deductible HSA type plan. Other benefits are there but that will just eat away at your monthly salary. Overall it would be best for a new college grad to work here for 1-2 years and then move on to better job opportunities.

5.0
Jan 18, 2012
Recommend
CEO approval
Business Outlook

Pros

The culture is amazing-everyone works hard but is very friendly and collaborative Salary and benefits are very competitive Very flat organization-can walk into anyone's office anytime and they will stop to listen Good advancement opportunities No micromanaging-the focus is on results Flexibilty They have snacks for the whole company several times a weeks (pizza, wings, fruit and veggie trays, nuts, pastries, coffee, hot chocolate, etc.)

Cons

People get hung up on what the "norm" culturally should be and anything that falls outside that is wrong This can be a pro or a con depending on who you are but 40|86 isn't very structured, there aren't a lot of defined ways of doing things, specific trainings or red tape. I personally flourish in that type of environment but some people would prefer the structure.

4.0
Oct 30, 2018

Good for growth

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-investment knowledge and market reputation -advanced learning, conferences, certifications, etc. are encouraged -a lot of knowledgeable leaders and sr analysts -room for advancement if you're patient -decent benefits as part of a larger organization -great location

Cons

-must be open to feedback and direct conversations -not many other companies in indy that do the same work so fairly limited outside of 4086

Viewing 7 - 9 of 18 Reviews

Glassdoor has 20 40|86 Advisors reviews submitted anonymously by 40|86 Advisors employees. Read employee reviews and ratings on Glassdoor to decide if 40|86 Advisors is right for you.