employer cover photo
employer logo
employer logo

First Command Financial Services

Engaged Employer

First Command Financial Services reviews

4.4

87% would recommend to a friend

(576 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 576 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

576 reviews
4.0
Aug 19, 2021
Recommend
CEO approval
Business Outlook

Pros

They will sponsor you to get great certification in the industry. If you have a military connection or enjoy that environment it can be a good fit.

Cons

Long script memorization process. Limited to the military, and eventually all commission.

avatar
First Command Financial Services Response
4y
Thank you for taking the time to share your experience as a Financial Advisor. At First Command, we regard our focus on the military as one of our biggest strengths. We are committed to supporting the lifelong financial security of our Nation’s military families. The mission of the company is incredibly important to our Advisors. They 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. Four out of five First Command Financial Advisors come from the ranks of veterans and military spouses. For these Advisors, the career is about serving those who serve through quality, face-to-face financial coaching. Our Advisors go through an extensive training program designed to equip them to succeed as independent contractors. Some of the benefits of that program include paying new Advisors during the training period and offering a full array of employee benefits. They are eligible to earn a strong income through competitive industry commissions on sales of financial products, plus additional annual and deferred compensation. We appreciate your feedback and thank you for taking the time to share your experience.
3.0
Aug 19, 2021

Know what you are getting into.

Recommend
CEO approval
Business Outlook

Pros

Company will pay for FINRA licensing and insurance licenses. Uncapped potential for income as an independent contractor.

Cons

High turnover rate for new employees. Spend 6 months as a salaried employee then become an independent contractor. This job requires a lot of prospecting and cold calling. Not a lot of warm leads. If you don’t sell insurance then you will not make it in this business.

avatar
First Command Financial Services Response
4y
Thank you for taking time to share your experience as a First Command Financial Advisor. We seek to attract and retain talented people by providing Advisors with opportunities to enhance their professional knowledge and develop leadership skills. As you note, our Advisors do face some challenges in growing their business, but they also enjoy many opportunities. One of our most valuable offerings is the Fast Start program, which provides intense professional development to prepare new people for success as independent Advisors. Some of the benefits of that program include paying new Advisors during the training period and offering a full array of employee benefits. Through the program, our Advisors learn how to build and grow their own business, serve new clients and provide quality, face-to-face financial coaching. Our Advisors are eligible to earn a strong income through competitive industry commissions on sales of financial products, plus additional annual and deferred compensation. An essential part of this career is advising clients in strategies to manage their unique financial risks. This client-first approach to insurance is key to our commitment to follow the highest ethical standards and best practices of the financial services industry. We appreciate your feedback and thank you for taking the time to share your perspective.
5.0
Aug 17, 2021
Recommend
CEO approval
Business Outlook

Pros

Great people, excellent training, make your business your own, great opportunity for high levels of income

Cons

You will either sink or swim in this industry. You have to be good in multiple areas of finance or you will never make it

avatar
First Command Financial Services Response
4y
Thank you for taking the time to share your positive experience as a First Command Financial Advisor. The mission of the company is incredibly important to our Advisors. They 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. One of our most valuable offerings is the Fast Start program, which provides intense professional development to prepare new people for success as independent Advisors. Some of the benefits of that program include paying new Advisors during the training period and offering a full array of employee benefits. Through the program, our Advisors learn how to build and grow their own business, serve new clients and provide quality, face-to-face financial coaching. Our Advisors are eligible to earn a strong income through competitive industry commissions on sales of financial products, plus additional annual and deferred compensation. We appreciate your feedback and thank you for taking the time to share your experience.
Viewing 349 - 351 of 576 Reviews

Glassdoor has 633 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.