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WestPac Wealth Partners

Engaged Employer

Sales company that tricks old people into buying life insurance - Client Services Associate WestPac Wealth Partners Employee Review

1.0
Jan 20, 2021
Recommend
CEO approval
Business Outlook

Pros

Free food. Nobody here knows what's going on so you can do whatever you want.

Cons

This is 100% a sales company, not even a good one at that. All the "financial professionals" here are just salespeople who use bogus acronyms and throw around financial lingo without knowing remotely what any of it means. I doubt anyone here would pass a college level financial analysis or investments course. I doubt they even know the actual science and mechanisms behind the financial products they sell. There's an HR/Staffing/Management department, a giant staff of "Financial Representatives" (aka salespeople), and a bunch of assistants that they indoctrinate into becoming salespeople, that's it, that's the machine they have here. They give daily "training" sessions for everyone which are essentially brainwashing sessions for all the gullible kids that are hired here. The classes are basically those corporate salespeople brainwashing things you see in movies and TV shows. To try to impress me, my supervisors would use financial language I knew they didn't actually understand, and when they could tell I wasn't buying their acts, they became frustrated. They try to hire financially illiterate, imbecilic people so that they can coerce them into getting licensed and becoming salespeople. The licenses for health and life insurance is not useable outside of being an insurance salesperson. Their name is "WestPac Wealth Partners" which conveniently is very similar to the name of another much more reputable wealth management firm, Westpac, based in Australia. It's either a very smart, or very contemptible search engine optimization technique, depending on how you look at it. If an old person meets someone from Westpac Wealth Partners, and is interested in purchasing their product, they may enter "Westpac" into Google and see a very nice and well-establish financial institution based in Australia. Unaware that that company has nothing to do with WestPac Wealth Partners, this technologically illiterate old person might call that representative back and sign a contract. I'm sure this doesn't happen often, but it's definitely no coincidence that this company named themselves after another, more reputable version of themselves. Considering their customer base is older (people who buy life insurance), and considering old people don't know how technology works, I'm quite certain the name of this company wasn't an accident. Should tell you a lot about what type of business this is. If you have an IQ over 60, run away as fast as you can. I came here because I had nothing else to do, I had another job offer lined up at a real company and I was honestly curious if this place would be as bad as I expected. They were worse. Everyone here is a sales zombie, you look in their eyes and there's nothing. Lights are on but nobody's home, so to speak. If you want to live your life as a manipulative sales zombie, send an application, they hire anyone. If you are bored like me, show up for a day, make a hundred bucks, and go get some free lunch. See the salespeople squirm when they realize you're not a schmuck and won't become one of them. Call them salespeople, the worst thing you can call a salesperson, is "salesperson." Listen and laugh at them try to scramble and find a reason why the work they do is somehow actually more than sales and cold calling old people. It will be a fun experience, kind of like going to the zoo.

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WestPac Wealth Partners Response
3y
In reading this review, much of the information is not accurate and it appears that we (WestPac® Wealth Partners ) have been confused with another company. Possibly Westpac bank in Australia, Westpac Industries, Westpac Materials, Westpac Labs, etc. If you visit website (www.westpacwealth.com), you'll see that we don't have any operations in WI. Based on your comments and other factors (such as free food, training, sales lingo, hiring process, required education and licenses to join, average client age, etc.) we believe you have posted this review on the wrong company page. We're sorry that you had a negative experience with any company and wish you the best in your future endeavors.

Explore other reviews about WestPac Wealth Partners

5.0
May 25, 2026
Recommend
CEO approval
Business Outlook

Pros

The resources offered to advisors is second to no one in this industry. We have good trainings from elites in the industry who we can use as resources.

Cons

WestPac has the most modern and streamlined process and philosphy packaged together. The only complaint I have with WestPac is the CRM smart office is anethma to the value that we as reps are providing to clients. It shouldn't be this counter intuitive, clunky, or have such a steep learning curve to move clients through the process...

5.0
May 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Hands down, this is the best company I’ve ever worked for. WestPac’s constant focus on innovation and improvement is something you feel every single day. The culture reminds me of a high-performing sports team - built on collaboration, hustle, and grit. The level of training and process they provide is exceptional, and if you follow leadership guidance and put in the work, your odds of succeeding in this industry increase dramatically. One concern I had coming in was the insurance side of the business. That concern was quickly put to rest. It became very clear early on through training that insurance is simply one tool in the toolkit. Across the board, advisors and leaders here only implement insurance solutions when they genuinely make financial sense for the client, never as a forced recommendation.

Cons

This industry is not for the faint of heart. If you are a new advisor be prepared to make short term sacrifice for long term gratification. Your future self will thank you!

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