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Equity Trust Employee Reviews for Retirement Plan Specialist

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Retirement Plan Specialist
in Berea, OH

"Please do your research before committing blah blah blah blah I think they want me to fill space"

What do you like about working at Equity Trust?

"The Training is good, and you get to add a new skill set to you resume. You get to learn a lot of different investment types besides the normal stocks, bonds and mutual funds. That's it."

Do you have any tips for others interviewing with this company?

"Please keep your options open and there are many other things out there. Apprently I have to keep typing in here"

What don't you like about working at Equity Trust?

"Management is terrible. Things change daily in the sales department. It reminds most of us of a boiler room in a lot of ways. It's always SELL SELL SELL...CLOSE CLOSE CLOSE. Lots of Churn and Burn type of mentality and that applies to clients and sales representatives. In my time there I must have seen 15-20 reps come in and leave in the first 3 months. Compensation is horrible they claim you can make $100K but really the only ones that make that is management. If you are in the financial services industry already please stay away it will only bring you back down. There's absolutely no career path in the sales division you are pretty much stuck there with no advancement opportunities. Basically a dead end. It does take quite a bit of will power to stay there that long. Most people stay there for the pay check because they don't have what it takes to go out on their own."

What suggestions do you have for management?

"Please for goodness sake revamp the sales department. Make it worthwhile for people to come into the office. For once ion your life act professional and not like scumbags. Get a real consultative sales process together and stop the boiler room antics. Last time I checked bolier rooms were gone in the 1980's. Learn how to become consultants. You are dealing with people's livelihood and their retirement money act like you give a crap about them instead of just another account. It's companies like you that give Financial Services a bad name."

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