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Edelman Financial Engines

Engaged Employer

Financial Consultant - Anonymous employee Edelman Financial Engines Employee Review

1.0
Feb 15, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Health benefits are good but very expensive. Over $600 a month for premiums

Cons

Only previous Advisors from Fidelity and Ameritrade are welcome for the most part for planner positions. The only satisfied employees are senior management and some planners that got in before they over hired this last year. They laid off an entire sales department without notice on 2/1/17. There were 2 out of 11 employees who got to take other positions and were demoted even when they are hiring for planners and other similar positions in the firm. Unless you are a planner you are expendable. Ric Edelman talks a big talk on the radio but doesn't implement his advice to his own company. They cut the 401k match in half from 6 to 3 percent. How can this be voted the best place to work by the Washington Post? The markets have more than recovered but the company has no loyalty to its current employees.

Explore other reviews about Edelman Financial Engines

5.0
Jun 5, 2026
Recommend
CEO approval
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Pros

Great firm if you are in to sales

Cons

Very high fee and the clients are not happy

4.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

- Great team from department head down - Collaboration is encouraged - Self-starter culture with good room for side projects - "See something, say something" approach allows questioning methodology without a feeling of personal attacks or "dumb questions" and enables team members to support each other in a safe environment - Work from home

Cons

- Executive leadership does not know what they want - Consistent turnover in C-Suite leads to departments acting like small internal companies rather than part of a larger system - Limited permission access for team members means that any absence or time-off can lead to a backlog of deployments

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