Worst company to work for! - Anonymous employee 40|86 Advisors Employee Review

1.0
Dec 16, 2012
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.

Explore other reviews about 40|86 Advisors

5.0
Jan 18, 2012
Anonymous employee
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.

2
1.0
Sep 19, 2025
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good oay and decent benefits

Cons

Micromanager- was very carefully reviewed and watched

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