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First Command Financial Services

Engaged Employer

First Command Financial Services reviews

4.4

87% would recommend to a friend

(577 total reviews)
avatar

Mark Steffe

92% approve of CEO

88% positive business outlook

First Command Financial Services has an employee rating of 4.4 out of 5 stars, based on 577 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The First Command Financial Services employee rating is 22% above average for employers within the Financial Services industry (3.6 stars).

Reviews by job title

577 reviews
3.0
Jan 20, 2022
Recommend
CEO approval
Business Outlook

Pros

Great teams in most locations, clear vision and mission (military), ability to help families, training and development.

Cons

Cost of operation is one of highest in the industry, have to sell whole life insurance to maximize recognition and income, technology is lagging, compensation is among lowest in industry, success is mostly determined by if you are in a military market--incentives are tied to military sales.

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First Command Financial Services Response
4y
Thank you for your feedback. Our Advisors tell us that one of the most compelling elements of this career is the opportunity to serve military personnel and their families in a meaningful way. That means providing quality, face-to-face financial coaching. Regarding your comments on whole life insurance – our company does not focus on the sale of any specific type of financial product. Our Advisors offer products and services in the context of a comprehensive financial plan. We maintain a culture that reflects the highest ethical standards and best practices of the financial services industry. Regarding the cost of operation, it’s important to note that office bills and other expenses are part of the financial responsibilities that come with being an independent contractor. Instead of receiving a salary and benefits, our Advisors earn competitive commissions and bonuses. And from that money they pay their business expenses. The rewards of hard work and dedication are a satisfying career, a company that fully supports you, and the opportunity to help those who serve in their pursuit of lifelong financial security. Thank you for taking the time to share your experience.
5.0
Jan 18, 2022
Recommend
CEO approval
Business Outlook

Pros

Great work life balance and co workers

Cons

None that I can think of

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First Command Financial Services Response
4y
Thank you for taking the time to share your positive experience. At First Command, we maintain our strong culture and mission by attracting and retaining talented people. We are committed to creating and sustaining a supportive culture that inspires our employees and makes them feel appreciated and part of the First Command family. Encouraging feedback from our employees is part of that commitment, so thank you for sharing your experience.
2.0
Jan 12, 2022
Recommend
CEO approval
Business Outlook

Pros

I wish I could say good things.

Cons

This company totes itself as a military friendly company with a basis in financial planning. I left the company because I couldn't do what was in the fiduciary capacity for my clients. Every client needed whole life insurance first, without question. It so happens, advisors get paid a pretty massive amount of money up front for the sale of the whole life products. The multiplier actually incentivizes advisors to sell whole life over any other product. The majority of advisors here don't know how to actually write a concrete financial plan, let alone make prudent financial recommendations.

avatar
First Command Financial Services Response
4y
Thank you for sharing your experience. Regarding your comments on our approach to whole life insurance and financial planning, our company does not focus on the sale of any specific type of financial product. Our Advisors offer products and services in the context of financial coaching. They benefit from an extensive training program designed to equip them to create and deliver comprehensive financial plans. They present practical financial recommendations that fit the unique circumstances and goals of each client. First Command seeks Advisors who believe in this approach and always put our clients first. In this way, we maintain a culture that reflects the highest ethical standards and best practices of the financial services industry.
Viewing 331 - 333 of 577 Reviews

Glassdoor has 634 First Command Financial Services reviews submitted anonymously by First Command Financial Services employees. Read employee reviews and ratings on Glassdoor to decide if First Command Financial Services is right for you.