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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
2.0
Dec 27, 2013
Recommend
CEO approval
Business Outlook

Pros

1- Support for military families and the ability to implement military benefits into comprehensive financial plans. 2- There is a large selection of investment and insurance products for advisors to recommend to clients. 3- Training program for new advisors at the corporate level is very detailed. 4- Monthly income for new advisors - if they can make the gates (minimum required sales).

Cons

1- The company talks about doing what's best for clients, but the compensation system for advisors pressures them to sell whole life insurance. 2- Slow to pay advisors their commissions and fast to take money on charge backs. 3- Very challenging gates for the first year advisor. Investments sold by the first year advisor does not count towards the quarterly gates (only insurance sales). Only one year program for new advisor income before going to 100% commission. 4- Financial planning software is outdated and not user friendly.

1.0
Dec 17, 2013
Recommend
CEO approval
Business Outlook

Pros

The company contributes 15 percent of your salary to the ESOP (Employee Stock Ownership) which is yours after you are vested. Not bad

Cons

I really don’t know if the IT management staff wants the department to fail but that is what it appears. Either that is the case or they do not know what they are doing. The department as had a 30 percent turnover rate and for good reason. It is basically unbearable to be there. The pay and health insurance is not all that good.

1.0
Dec 4, 2013

RUN in the opposite direction.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Employee stock option (eventually) Supposedly an ESOP company, but employees do not have a voice. There is an ACE committee where people can field complaints, but all complaints are sent to an employee in HR & HR decide how the issues will be handled. (Which also lets HR know who is complaining & copies of complaints are sent to their managers)

Cons

Corrupt executive leadership. Multiple sexual harassment lawsuits. HR turns a blind eye to endless complaints from employees. This company is a sinking ship. RUN. DO NOT INVEST OR BANK with this company. They willingly treat their employees like slaves. I stayed 10 years too long. Leaving this place is like leaving an abusive relationship. You keep thinking they will change and they keep beating you down and robbing you of your confidence and humanity. the doors should be closed on this business.

Viewing 538 - 540 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.