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      Osaic

      Engaged Employer

      Osaic reviews

      2.5

      30% would recommend to a friend

      (457 total reviews)
      avatar

      Jamie Price

      31% approve of CEO

      21% positive business outlook

      Ratings by demographic groups

      Osaic has an employee rating of 2.5 out of 5 stars, based on 457 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Osaic employee rating is 31% below average for employers within the Financial Services industry (3.6 stars).

      Reviews by job title

      457 reviews
      1.0
      Jan 6, 2022

      Welcome to Corporate America

      Cxo
      Recommend
      CEO approval
      Business Outlook

      Pros

      It pays the bills? I can't think of anything that "got better" with the company nor have I had the opportunities to advance my career. The benefits are good, but they come with caveats: 20 Days of PTO -- At the end of every year, if you have more than 40 hours of PTO, you will lose it; they don't carry over any hours above 40. So, on January 1, you have to start all over again and accrue your PTO. Insurance (Medical) -- It's great!...if you're single. But if you want to insure your spouse, that could cost a couple extra hundreds. Oh! Here's one; working from home. If you just need a job to pay the bills, it's fine. Apply and join. But if you are wanting more of a career path where you can actually grow and be supported, and you want to feel like you make a difference in the world, keep looking. There are numerous, forward-thinking companies out there.

      Cons

      Advisor Group (AG) is the typical corporate America, you're just a payroll number and you should just be happy you have a job, type of culture. AG pays lots of lip service to their employees. I hear people say, "It's a great place to grow your career." But when you ask about career pathing and competencies, or how to advance from one level to another, no one knows. No answer from the manager, or the next manager, not even HR. AG is very low in pay. They told us everyone's pay was going to be reevaluated, but that was two years ago. Maybe they forgot? I could go on about how much I hate this company, but it won't be very useful. Instead ask yourself if this is the kind of company you want to share your talents with; In February 2020 AG bought four businesses; two larger and two smaller. In one of the larger firms, numerous employees were demoted via email. In the summer of 2020, AG absorb both smaller businesses' assets, but not the employees. The employees were laid off. That fall, they laid off more employees in the larger firms. Now, it's January 2022 and AG is on a hiring spree...

      avatar
      Osaic Response
      4y
      Thank you for taking the time to write a thoughtful review of your experience at Advisor Group. With regards to time off, it is true that we limit PTO rollover from one year to the next to 40 hours. We do this to encourage employees to take their time off in the year it is earned to rest and relax away from their work responsibilities. Our high-performance culture must be balanced with time away for mental wellbeing. Our PTO offering is 20 days of PTO plus 5 days of sick time, 2 volunteer days and 9 paid holidays (increasing to 10 next year) – this is a competitive package in the marketplace and we are happy to provide this time to all of our employees. Our health and welfare offerings, inclusive of medical, dental, vision and additional income protection coverages like short- and long-term disability coverages are reasonably priced, with the company paying a significant portion of the premium. And to be clear, In the event the spouse does not work or cannot get coverage at their place of work, they will be covered under a discounted plan. Many employees who experienced a job loss due to our 2020 M&A actions were able to fill another open role within AG. We continue to grow at a rapid pace and have added additional resources as needed; these include challenging experiences that build career path options for the future.
      4.0
      Dec 15, 2021

      Not Perfect, but Better than Many

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      SagePoint is a large broker/dealer firm that offers support for financial advisors. Their tech platform needs some work, and I believe they are sincere about trying to implement a new improvements. The compliance department is thorough, and to advisors that are conscientious, this is an asset because it prevents problems for us in the long run. The people are genuine.

      Cons

      Tech can be glitchy. They nickel and dime advisors on fees, but that is not exclusive to this b/d; they all do it. Management sets expectations for themselves and systematically fails to meet every single goal. It is to the point where no one believes a word that is uttered at the annual conference. Advisors actually joke about it regularly.

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      Glassdoor has 497 Osaic reviews submitted anonymously by Osaic employees. Read employee reviews and ratings on Glassdoor to decide if Osaic is right for you.